Funding arb · Price arb /

STRC

RWAall STRC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.043%

Price spread now: KuCoin against Polymarket Perps+0.071%7-day average −0.041% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Polymarket Perps Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.072%+$7 on $10k

Price spread, last 4 days (all we have)−0.024%−$2 · spread now +0.071%, 7d avg −0.041%

Together, before fees+0.048%+$5 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and KuCoin is 0.112% dearer against Polymarket Perps than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.041%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps STRC-USD	98.930	0.0050	pay 0.0006% / 1h	57m 22s	$70K	$40K	10x
Short	KuCoin STRCUSDTM	99.000	0.0100	get 0.0100% / 8h	6h 57m	$317K	$1.0M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Polymarket Perps. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Polymarket PerpsbpFee KuCoinbpOrdersPrice spread, now +0.071%Rate

Funding earned: $10.5
Price spread: +0.071% → −0.041%: $11.2
Slippage, 4 orders: no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee KuCoin: 6 bp × 2 orders: −$12
Net: $1.7
Costs to cover: 0.200%
Break-even: 5.9 days

Slippage unknown: Polymarket Perps: no order-book sample; KuCoin: live order book, 7 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Polymarket Perps no order-book sample	—	—	—	—	—
Sell KuCoin live order book, 7 min ago	2.02 bp	267.3 bp −$267	doesn't fit	doesn't fit	doesn't fit

Polymarket Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

STRC on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster STRCUSDT	−0.0479%	8h	98.902	−0.029%	$446K	$67K	20x	as long as short
Lighter STRC	−0.0016%	1h	98.828	−0.103%	$889K	$171K	10x	as long as short
Binance STRCUSDT	0.0000%	8h	98.985	+0.055%	$6.1M	$3.3M	25x	as long as short
OKX STRC-USDT-SWAP	0.0000%	8h	98.910	−0.020%	$741K	$76K	25x	as long as short
Gate STRC_USDT	0.0000%	8h	98.960	+0.030%	$972K	$59K	20x	as long as short
Bitget STRCUSDT	0.0000%	8h	98.900	−0.030%	$4.4M	$76K	20x	as long as short
Variational Omni STRC	0.0000%	8h	98.947	+0.017%	$1.4M	$311K	—	as long as short
GRVT STRC_USDT_Perp	0.0000%	8h	98.960	+0.031%	$70K	$93K	10x	as long as short
QFEX STRC-USD	+0.0003%	1h	98.930	0.000%	$1.4M	$926K	10x	as long as short
Injective STRC/USDC PERP	+0.0033%	1h	98.950	+0.020%	$3K	$34K	12x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:STRC	+0.0050%	1h	98.938	+0.008%	$10.6M	$2.2M	10x	as long as short
Polymarket Perps STRC-USDlong	+0.0050%	1h	98.930	long leg	$70K	$40K	10x
KuCoin STRCUSDTMshort	+0.0100%	8h	99.000	+0.071%	$317K	$1.0M	20x
HTX STRC-USDT	+0.0100%	8h	98.756	−0.176%	$52K	$362K	10x	as long as short