Funding arb · Price arb /

STRC

RWAall STRC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h +0.053%

Price spread now: Binance against tradeXYZ+0.106%7-day average +0.113% · you sell dearer than you buy

Net, funding: paid 7d − costs+$3as in the Funding arb table

Net, price: spread back to 7d avg − costs−$43as in the Price arb table

costs, in and out, $10k−$430.428% of the position

Long on tradeXYZ Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.461%+$46 on $10k

Price spread, last 7 days+0.026%+$3 · spread now +0.106%, 7d avg +0.113%

Together, before fees+0.488%+ Points / potential airdroptradeXYZ: Active · farm board+$49 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.113%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.461%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:STRC	98.927	0.0050	pay 0.0006% / 1h	11m 41s	$10.6M	$2.2M	10x
Short	Binance STRCUSDT	99.032	0	get 0.0000% / 8h	4h 11m	$6.0M	$3.3M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against tradeXYZ. 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 tradeXYZbpFee BinancebpOrdersPrice spread, now +0.106%Rate

Funding earned: −$10.5
Price spread: +0.106% → +0.113%: −$0.69
Slippage, 4 orders: −$14.77
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Binance: 5 bp × 2 orders: −$10
Net: −$53.96
Costs to cover: 0.428%
Break-even: never at this rate

Slippage from tradeXYZ: live order book, 6 min ago; Binance: live order book, 12 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 tradeXYZ live order book, 6 min ago	1.06 bp	12.7 bp −$13	14.7 bp −$147	doesn't fit	doesn't fit
Sell Binance live order book, 12 min ago	0.50 bp	9.0 bp −$9	38.0 bp −$380	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	−0.0382%	8h	98.860	−0.068%	$445K	$161K	20x	as long as short
Lighter STRC	0.0000%	1h	98.981	+0.055%	$840K	$156K	10x	as long as short
Binance STRCUSDTshort	0.0000%	8h	99.032	+0.106%	$6.0M	$3.3M	25x
OKX STRC-USDT-SWAP	0.0000%	8h	98.920	−0.007%	$743K	$72K	25x	as long as short
Gate STRC_USDT	0.0000%	8h	99.000	+0.074%	$975K	$77K	20x	as long as short
Bitget STRCUSDT	0.0000%	8h	98.890	−0.037%	$4.4M	$72K	20x	as long as short
Variational Omni STRC	0.0000%	8h	98.988	+0.061%	$1.5M	$264K	—	as long as short
GRVT STRC_USDT_Perp	0.0000%	8h	98.965	+0.039%	$70K	$99K	10x	as long as short
QFEX STRC-USD	+0.0003%	1h	99.000	+0.074%	$1.4M	$1.5M	10x	as long as short
Injective STRC/USDC PERP	+0.0033%	1h	98.950	+0.023%	$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:STRClong	+0.0050%	1h	98.927	long leg	$10.6M	$2.2M	10x
Polymarket Perps STRC-USD	+0.0050%	1h	98.910	−0.017%	$70K	$159K	10x	as long as short
KuCoin STRCUSDTM	+0.0078%	8h	98.900	−0.027%	$317K	$1.0M	20x	as long as short
HTX STRC-USDT	+0.0100%	8h	98.832	−0.096%	$52K	$359K	10x	as long as short