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: Polymarket Perps against QFEX−0.105%7-day average −0.049% · you buy dearer than you sell

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

Net, price: spread back to 7d avg − costs−$35as in the Price arb table

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

Long on QFEX Short on Polymarket Perps

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)+0.048%+$5 · spread now −0.105%, 7d avg −0.049%

Together, before fees+0.041%+$4 on $10k · with fees, hour by hour

Funding pays, the price is against you. Polymarket Perps is 0.056% cheaper against QFEX than usual: you would sell low and buy high (spread −0.105% now, against its 7-day average of −0.049%). If the spread goes back, that is −$6 on $10k: about 5.1 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX STRC-USD	98.980	0.0014	pay 0.0002% / 1h	44m 21s	$1.4M	$1.8M	10x
Short	Polymarket Perps STRC-USD	98.876	0.0050	get 0.0006% / 1h	44m 21s	$70K	$182K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against QFEX. 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 QFEXbpFee Polymarket PerpsbpOrdersPrice spread, now −0.105%Rate

Funding earned: $7.58
Price spread: −0.105% → −0.049%: −$5.57
Slippage, 4 orders: −$11.09
Fee QFEX: 5 bp × 2 orders: −$10
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$27.09
Costs to cover: 0.291%
Break-even: 32.0 days

Slippage from QFEX: live order book, 2 min ago; Polymarket Perps: live order book, 32 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 QFEX live order book, 2 min ago	1.52 bp	8.5 bp −$9	13.0 bp −$130	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 32 min ago	2.28 bp	6.9 bp −$7	9.1 bp −$91	11.8 bp −$1,179	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	−0.038%	$840K	$167K	10x	as long as short
Aster STRCUSDT	0.0000%	8h	98.792	−0.190%	$445K	$166K	20x	as long as short
Binance STRCUSDT	0.0000%	8h	98.980	0.000%	$6.0M	$3.4M	25x	as long as short
OKX STRC-USDT-SWAP	0.0000%	8h	98.910	−0.071%	$741K	$83K	25x	as long as short
Gate STRC_USDT	0.0000%	8h	98.880	−0.101%	$973K	$79K	20x	as long as short
Bitget STRCUSDT	0.0000%	8h	98.840	−0.141%	$4.4M	$82K	20x	as long as short
Variational Omni STRC	0.0000%	8h	98.968	−0.012%	$1.5M	$261K	—	as long as short
GRVT STRC_USDT_Perp	0.0000%	8h	98.947	−0.033%	$70K	$110K	10x	as long as short
QFEX STRC-USDlong	+0.0014%	1h	98.980	long leg	$1.4M	$1.8M	10x
Injective STRC/USDC PERP	+0.0033%	1h	98.950	−0.030%	$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	98.921	−0.060%	$10.7M	$2.1M	10x	as long as short
Polymarket Perps STRC-USDshort	+0.0050%	1h	98.876	−0.105%	$70K	$182K	10x
KuCoin STRCUSDTM	+0.0100%	8h	98.820	−0.162%	$304K	$1.0M	20x	as long as short
HTX STRC-USDT	+0.0100%	8h	98.779	−0.203%	$52K	$358K	10x	as long as short