STRC

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0036%/8h= −4.0% APRnext payment −$0.05 per $10,000 · paid last 24h +0.001%

Price spread now: QFEX against Polymarket Perps+0.075%7-day average +0.049% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$27as in the Price arb table

costs, in and out, $10k−$290.291% of the position

Long on Polymarket Perps Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.007%+$1 on $10k

Price spread, last 3 days (all we have)−0.018%−$2 · spread now +0.075%, 7d avg +0.049%

Together, before fees−0.010%−$1 on $10k · with fees, hour by hour

The price spread pays, funding is against you. QFEX is 0.025% dearer against Polymarket Perps than usual: you sell high and buy low (spread +0.075% now, against its 7-day average of +0.049%): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 2.4 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps STRC-USD	98.876	0.0050	pay 0.0006% / 1h	44m 42s	$70K	$182K	10x
Short	QFEX STRC-USD	98.950	0.0014	get 0.0002% / 1h	44m 42s	$1.4M	$1.8M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX 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 QFEXbpOrdersPrice spread, now +0.075%Rate

Funding earned: −$7.58
Price spread: +0.075% → +0.049%: $2.55
Slippage, 4 orders: −$11.09
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$34.12
Costs to cover: 0.291%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 32 min ago; QFEX: live order book, 2 min ago.

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 live order book, 32 min ago	2.28 bp	7.2 bp −$7	8.2 bp −$82	9.9 bp −$993	doesn't fit
Sell QFEX live order book, 2 min ago	1.52 bp	6.5 bp −$7	11.5 bp −$115	doesn't fit	doesn't fit

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
Lighter STRC	0.0000%	1h	98.942	+0.067%	$840K	$167K	10x	as long as short
Aster STRCUSDT	0.0000%	8h	98.789	−0.088%	$445K	$166K	20x	as long as short
Binance STRCUSDT	0.0000%	8h	98.980	+0.105%	$6.0M	$3.4M	25x	as long as short
OKX STRC-USDT-SWAP	0.0000%	8h	98.910	+0.034%	$741K	$83K	25x	as long as short
Gate STRC_USDT	0.0000%	8h	98.880	+0.004%	$973K	$79K	20x	as long as short
Bitget STRCUSDT	0.0000%	8h	98.840	−0.036%	$4.4M	$82K	20x	as long as short
Variational Omni STRC	0.0000%	8h	98.968	+0.093%	$1.5M	$261K	—	as long as short
GRVT STRC_USDT_Perp	0.0000%	8h	98.947	+0.072%	$70K	$110K	10x	as long as short
QFEX STRC-USDshort	+0.0014%	1h	98.950	+0.075%	$1.4M	$1.8M	10x
Injective STRC/USDC PERP	+0.0033%	1h	98.950	+0.075%	$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	98.920	+0.045%	$10.7M	$2.1M	10x	as long as short
Polymarket Perps STRC-USDlong	+0.0050%	1h	98.876	long leg	$70K	$182K	10x
KuCoin STRCUSDTM	+0.0100%	8h	98.820	−0.057%	$304K	$1.0M	20x	as long as short
HTX STRC-USDT	+0.0100%	8h	98.779	−0.098%	$52K	$358K	10x	as long as short