STRC funding rate explained
Right now Strategy Stretch Preferred (Dinari Tokenized Stock) (STRC) perpetual futures trade on 8 exchanges we track. The highest funding is on HTX at +0.030% per day, the lowest on OKX at -0.008%. The average across all venues is +0.003% per day, or about +1.0% a year. Positive funding means STRC longs are paying shorts — the market is leaning long.
The gap between the highest and lowest venue is +0.038% per day. A delta-neutral position that shorts STRC on HTX and goes long on OKX would collect that difference at each settlement, before trading fees and the price spread between the two contracts. Check the live STRC arbitrage board for the price side of the trade.
Settlement intervals differ: STRC funding is paid every 8 hours depending on the exchange, so every rate on this page is also shown normalised to 24 hours and as an APR.
Related: STRC arbitrage · Strategy Stretch Preferred (Dinari Tokenized Stock) price · funding rates for all coins.