STRC

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0048%/8h= −5.3% APRnext payment −$0.06 per $10,000 · paid last 24h +0.051%

Price spread now: QFEX against tradeXYZ+0.046%7-day average +0.044% · 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−$37as in the Price arb table

costs, in and out, $10k−$380.376% of the position

Long on tradeXYZ Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.329%+$33 on $10k

Price spread, last 7 days+0.035%+$4 · spread now +0.046%, 7d avg +0.044%

Together, before fees+0.364%+ Points / potential airdroptradeXYZ: Active · farm board+$36 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.044%, 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 paid +0.329%, 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	98.855	0.0050	pay 0.0006% / 1h	37m 31s	$10.6M	$2.2M	10x
Short	QFEX STRC-USD	98.900	0.0002	get 0.0000% / 1h	37m 31s	$1.4M	$1.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX 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 QFEXbpOrdersPrice spread, now +0.046%Rate

Funding earned: −$10.18
Price spread: +0.046% → +0.044%: $0.13
Slippage, 4 orders: −$9.57
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$47.62
Costs to cover: 0.376%
Break-even: never at this rate

Slippage from tradeXYZ: live order book, 11 min ago; QFEX: live order book, 4 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, 11 min ago	1.01 bp	11.6 bp −$12	14.6 bp −$146	doesn't fit	doesn't fit
Sell QFEX live order book, 4 min ago	2.02 bp	7.0 bp −$7	11.1 bp −$111	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	−0.0469%	8h	98.860	+0.005%	$445K	$161K	20x	as long as short
Lighter STRC	0.0000%	1h	98.928	+0.074%	$840K	$152K	10x	as long as short
Binance STRCUSDT	0.0000%	8h	98.920	+0.066%	$6.0M	$3.3M	25x	as long as short
OKX STRC-USDT-SWAP	0.0000%	8h	98.840	−0.015%	$742K	$75K	25x	as long as short
Gate STRC_USDT	0.0000%	8h	98.910	+0.056%	$974K	$77K	20x	as long as short
Bitget STRCUSDT	0.0000%	8h	98.870	+0.015%	$4.4M	$72K	20x	as long as short
Variational Omni STRC	0.0000%	8h	98.978	+0.124%	$1.5M	$255K	—	as long as short
GRVT STRC_USDT_Perp	0.0000%	8h	98.949	+0.095%	$70K	$97K	10x	as long as short
QFEX STRC-USDshort	+0.0002%	1h	98.900	+0.046%	$1.4M	$1.4M	10x
Injective STRC/USDC PERP	+0.0033%	1h	98.950	+0.096%	$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	98.855	long leg	$10.6M	$2.2M	10x
Polymarket Perps STRC-USD	+0.0050%	1h	98.866	+0.011%	$70K	$162K	10x	as long as short
KuCoin STRCUSDTM	+0.0093%	8h	98.850	−0.005%	$317K	$1.1M	20x	as long as short
HTX STRC-USDT	+0.0100%	8h	98.786	−0.070%	$52K	$360K	10x	as long as short