Funding you earn now, next payment 04:00 UTC+0.0047%/8h= +5.2% APRnext payment +$0.06 per $10,000 · paid last 24h −0.047%
Price spread now: tradeXYZ against QFEX−0.041%7-day average −0.045% · 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−$36as in the Price arb table
costs, in and out, $10k−$370.367% of the position
Funding, last 4 days (all we have)−0.329%−$33 on $10k
+Price spread, last 7 days−0.067%−$7 · spread now −0.041%, 7d avg −0.045%
=Together, before fees−0.397%+ Points / potential airdroptradeXYZ: Active · farm board−$40 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.045%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. Mind the row above: over the last 4 days funding on this pair cost −0.329%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX STRC-USD | 98.950 | 0.0003 | pay 0.0000% / 1h | 34m 13s | $1.4M | $1.6M | 10x |
| Short | tradeXYZ xyz:STRC | 98.909 | 0.0050 | get 0.0006% / 1h | 34m 13s | $10.6M | $2.2M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against QFEX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $9.95
- Price spread: −0.041% → −0.045%
- $0.36
- Slippage, 4 orders
- −$8.7
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$26.39
- Costs to cover
- 0.367%
- Break-even
- 25.6 days
Slippage from QFEX: live order book, 3 min ago; tradeXYZ: live order book, 5 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, 3 min ago | 2.02 bp | 7.0 bp −$7 | 12.8 bp −$128 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 5 min ago | 1.06 bp | 12.5 bp −$12 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster STRCUSDT | −0.0313% | 8h | 98.860 | −0.091% | $445K | $161K | 20x | as long as short |
| Lighter STRC | 0.0000% | 1h | 98.974 | +0.024% | $840K | $156K | 10x | as long as short |
| Binance STRCUSDT | 0.0000% | 8h | 98.960 | +0.010% | $6.0M | $3.3M | 25x | as long as short |
| OKX STRC-USDT-SWAP | 0.0000% | 8h | 98.870 | −0.081% | $743K | $72K | 25x | as long as short |
| Gate STRC_USDT | 0.0000% | 8h | 98.940 | −0.010% | $974K | $76K | 20x | as long as short |
| Bitget STRCUSDT | 0.0000% | 8h | 98.870 | −0.081% | $4.4M | $72K | 20x | as long as short |
| Variational Omni STRC | 0.0000% | 8h | 98.928 | −0.023% | $1.5M | $264K | — | as long as short |
| GRVT STRC_USDT_Perp | 0.0000% | 8h | 98.937 | −0.014% | $70K | $101K | 10x | as long as short |
| QFEX STRC-USDlong | +0.0003% | 1h | 98.950 | long leg | $1.4M | $1.6M | 10x | |
| Injective STRC/USDC PERP | +0.0033% | 1h | 98.950 | 0.000% | $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:STRCshort | +0.0050% | 1h | 98.909 | −0.041% | $10.6M | $2.2M | 10x | |
| Polymarket Perps STRC-USD | +0.0050% | 1h | 98.843 | −0.108% | $70K | $159K | 10x | as long as short |
| KuCoin STRCUSDTM | +0.0052% | 8h | 98.890 | −0.061% | $316K | $1.0M | 20x | as long as short |
| HTX STRC-USDT | +0.0100% | 8h | 98.764 | −0.188% | $52K | $358K | 10x | as long as short |
tradeXYZ xyz:STRC
Aster STRCUSDT
Lighter STRC
Binance STRCUSDT
OKX STRC-USDT-SWAP
Gate STRC_USDT
Bitget STRCUSDT
Variational Omni STRC
GRVT STRC_USDT_Perp
Injective STRC/USDC PERP
Polymarket Perps STRC-USD
KuCoin STRCUSDTM
HTX STRC-USDT