Settings8H · net · $10k
Funding arb · Price arb /

STRC

RWAall STRC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC−0.0050%/8h= −5.5% APRnext payment $0.06 per $10,000 · paid last 24h −0.011%
Price spread now: Lighter against Polymarket Perps+0.086%7-day average +0.097% · you sell dearer than you buy
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$240.242% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.023%+$2 on $10k
Price spread, last 3 days (all we have)+0.013%+$1 · spread now +0.086%, 7d avg +0.097%
Together, before fees+0.036%+ Points / potential airdropLighter: Season 3 · farm board+$4 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.097%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps STRC-USD98.8270.0050pay 0.0006% / 1h30m 50s$70K$183K10x
ShortLighter STRC98.9120get 0.0000% / 1h30m 50s$841K$166K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter 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

Funding earned
−$10.5
Price spread: +0.086% → +0.097%
−$1.06
Slippage, 4 orders
−$16.17
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee Lighter: 0 bp × 2 orders
$0
Net
−$35.74
Costs to cover
0.242%
Break-even
never at this rate
Slippage from Polymarket Perps: live order book, 16 min ago; Lighter: live order book, 14 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Polymarket Perps live order book, 16 min ago2.93 bp7.2 bp −$77.7 bp −$77doesn't fitdoesn't fit
Sell Lighter live order book, 14 min ago3.64 bp6.0 bp −$69.2 bp −$92doesn't fitdoesn't fit

STRC on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster STRCUSDT−0.0302%8h98.806−0.021%$445K$169K20xas long as short
Lighter STRCshort0.0000%1h98.912+0.086%$841K$166K10x
Binance STRCUSDT0.0000%8h98.928+0.102%$6.0M$3.1M25xas long as short
OKX STRC-USDT-SWAP0.0000%8h98.840+0.013%$740K$82K25xas long as short
Gate STRC_USDT0.0000%8h98.840+0.013%$973K$79K20xas long as short
Bitget STRCUSDT0.0000%8h98.830+0.003%$4.4M$76K20xas long as short
Variational Omni STRC0.0000%8h98.926+0.101%$1.4M$184Kas long as short
GRVT STRC_USDT_Perp0.0000%8h98.907+0.081%$70K$115K10xas long as short
QFEX STRC-USD+0.0016%1h98.930+0.104%$1.3M$1.6M10xas long as short
Injective STRC/USDC PERP+0.0033%1h98.950+0.124%$3K$34K12xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:STRC+0.0050%1h98.881+0.055%$10.7M$2.0M10xas long as short
Polymarket Perps STRC-USDlong+0.0050%1h98.827long leg$70K$183K10x
KuCoin STRCUSDTM+0.0100%8h98.780−0.048%$303K$1.0M20xas long as short
HTX STRC-USDT+0.0100%8h98.786−0.041%$52K$354K10xas long as short