STRC Funding Rate — live across 6 venues

25 DEX + 8 CEX · net of fees · updated continuously

Live annualized STRC perpetual funding across all 6 venues Perpia tracks. Right now STRC funding is positive on 3 and negative on 2, ranging from +26.9% on Variational to -5.6% on trade.xyz — a spread of 32.5%. The widest delta-neutral trade is long trade.xyz / short Variational at 28.6% net APR.

6
venues
3
paying positive
32.5%
funding spread
Best STRC spread now
28.6%
net APR after fees
Long trade.xyzShort Variational
size depends on live venue depth — see the real cap in the scanner

STRC funding rate by venue

7 pairs scanned
VenueFunding APRInterval
Variational+26.9%8h
Gate.io+10.9%8h
OKX+3.5%8h
Bitget+0.0%4h
Hyperliquid-5.0%1h
trade.xyz-5.6%1h

Rates annualized; updated ~every few minutes from live venue data.

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STRC funding — FAQ

Is STRC funding positive right now?

STRC perpetual funding is positive on 3 of 6 venues Perpia tracks and negative on 2. The highest is +26.9% on Variational; the lowest is -5.6% on trade.xyz.

What is the best STRC funding arbitrage right now?

Go long trade.xyz and short Variational for about 28.6% net APR after fees — the widest delta-neutral STRC spread Perpia currently sees.

Which exchange has the highest STRC funding rate?

Variational, at +26.9% annualized. Funding shifts continuously, so check the live table above before trading.

How STRC funding arbitrage works

Funding-rate arbitrage is delta-neutral: you go long the venue paying the most negative funding and short the one paying the most positive, so price moves cancel and you collect the spread. The catch is liquidity — a huge APR on a thin book caps at a few thousand dollars and often flips within hours. Perpia shows the max size after slippage and tracks whether a spread holds, so you filter instead of chasing the number.