STRC funding rate

Compared across 10 venues · net of estimated fees

STRC Funding Rate — live across 10 venues

Perpetual funding · compared across 10 venues · net of estimated fees · updated every few minutes

Live annualized STRC perpetual funding across all 10 venues Perpia tracks. Right now STRC funding is positive on 5 and negative on 0, ranging from +47.3% on Variational to +0.0% on Lighter — a spread of 47.3%. The widest delta-neutral trade is long Aster / short Variational at 45.6% net APR.

10venues
5paying positive
47.3%funding spread
Best STRC spread now
45.6%
net APR after fees
LongAster↗→ShortVariational↗
size depends on live venue depth — see the real cap in the scanner

STRC funding trend & liquidity

168h of history
47.3%current gross APR
8.4%24h average
3.5%7-day average
$664Kpair OI · lower leg
$103K24h volume · lower leg

Averages are historical funding over the window shown. A current rate near the 7-day average may indicate the spread has persisted; a rate far above it is usually a short-lived spike. OI and volume are the smaller (binding) leg of the best pair — the ceiling on tradeable size.

STRC · Aster → Variational — no history

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Build a route

any two of the 10 venues
Gross spread+47.3%+$12.96 / day on $10,000
Widest routes

This is the widest route right now. The number is gross: fees, the entry spread and slippage are not in it, and both legs must be tradeable for you. The scanner carries the same pairs net of costs.

Venues: pick the two legs

sorted by rate · 10 venues
VenueFunding APR ↓IntervalUse as
Variational↗short+47.3%every 8h
OKX↗+23.9%every 8h
HTX↗+10.9%every 8h
Hyperliquid↗+5.5%every 1h
trade.xyz↗+5.5%every 1h
Aster↗long+0.0%every 8h
Gate.io↗+0.0%every 8h
Bitget↗+0.0%every 8h
KuCoin↗+0.0%every 8h
Lighter↗+0.0%every 8h

Rates annualized; updated ~every few minutes from live venue data. Venue names link to that exchange's full funding table; ↗ opens the market on the exchange itself. Every spread between these two venues is on the Aster vs Variational page. 31 pairs scanned for STRC.

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STRC — FAQ

Is STRC funding positive right now?

STRC perpetual funding is positive on 5 of 10 venues Perpia tracks. The highest is +47.3% on Variational; the lowest is +0.0% on Lighter.

What is the best STRC funding arbitrage right now?

Go long Aster and short Variational for about 45.6% net APR after fees — the widest delta-neutral STRC spread Perpia currently sees.

Which exchange has the highest STRC funding rate?

Variational, at +47.3% annualized. Funding shifts continuously, so check the live table above before trading.

How STRC funding arbitrage works

Funding arbitrage combines opposing positions on two venues — long the one paying the most negative funding, short the one paying the most positive — to reduce directional exposure and capture the difference between their funding payments. Fees, slippage, basis divergence and liquidation risk can reduce the result. See the methodology for how it is measured and the guide for the full walkthrough.

Markets related to STRC

also quoted on both Aster and Variational

The same two exchanges you would already have funded for the STRC trade. Every spread between them is on the Aster vs Variational page.