Funding arb · Price arb /

STRK

all STRK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.1092%/8h= −119.6% APRpaid last 24h −0.373%

Price spread now: Coinbase International against Aster−0.439%7-day average −0.253% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$133as in the Price arb table

costs, in and out, $10k−$1141.143% of the position

Long on Aster Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)−1.045%−$104 on $10k

Price spread, last 4 days (all we have)+1.033%+$103 · spread now −0.439%, 7d avg −0.253%

Together, before fees−0.012%+ Points / potential airdropAster: Stage 5 · farm board−$1 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$33 a day on $10k at the current rate, and Coinbase International is 0.185% cheaper against Aster than usual: you would sell low and buy high (−$19 if the spread goes back to its 7-day average of −0.253%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster STRKUSDT	0.04313	0.0100	pay 0.0050% / 4h	1h 07m	$33K	$229K	10x
Short	Coinbase International STRK-PERP-INTX	0.04294	−0.0992	pay 0.0124% / 1h	7m 54s	$70K	$89K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Aster. 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 AsterbpFee Coinbase InternationalbpOrdersPrice spread, now −0.439%Rate

Funding earned: −$229.32
Price spread: −0.439% → −0.253%: −$18.54
Slippage, 4 orders: −$96.33
Fee Aster: 4 bp × 2 orders: −$8
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$362.19
Costs to cover: 1.143%
Break-even: never at this rate

Slippage from Aster: live order book, 34 min ago; Coinbase International: live order book, 60 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 Aster live order book, 34 min ago	9.22 bp	25.2 bp −$25	doesn't fit	doesn't fit	doesn't fit
Sell Coinbase International live order book, 60 min ago	12.89 bp	42.4 bp −$42	doesn't fit	doesn't fit	doesn't fit

STRK on 24 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
Coinbase International STRK-PERP-INTXshort	−0.0992%	1h	0.04294	−0.439%	$70K	$89K	25x
Kraken Futures PF_STRKUSD	−0.0050%	1h	0.04312	−0.030%	$448K	$592K	20x	as long as short
dYdX STRK-USD	0.0000%	1h	0.04312	−0.028%	$20K	$24K	5x	as long as short
Injective STRK/USDC PERP	+0.0033%	1h	0.05070	+17.554%	$3K	$38K	5.5x	as long as short
Lighter STRK	+0.0096%	1h	0.04317	+0.095%	$256K	$444K	5x	as long as short
Paradex STRK-USD-PERP	+0.0100%	8h	0.04310	−0.057%	$8K	$144	20x	as long as short
Hyperliquid STRK	+0.0100%	1h	0.04315	+0.048%	$14.3M	$6.0M	5x	as long as short
Aster STRKUSDTlong	+0.0100%	4h	0.04313	long leg	$33K	$229K	10x
Pacifica STRK	+0.0100%	1h	0.04314	+0.034%	$43K	$65K	5x	as long as short
Binance STRKUSDT	+0.0100%	4h	0.04310	−0.058%	$12.3M	$44.2M	75x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit STRKUSDT	+0.0100%	4h	0.04308	−0.114%	$15.0M	$20.2M	50x	as long as short
OKX STRK-USDT-SWAP	+0.0100%	4h	0.04311	−0.044%	$4.6M	$19.0M	50x	as long as short
Gate STRK_USDT	+0.0100%	4h	0.04307	−0.137%	$578K	$1.4M	50x	as long as short
MEXC STRK_USDT	+0.0100%	4h	0.04312	−0.021%	$11.5M	$2.1M	100x	as long as short
KuCoin STRKUSDTM	+0.0100%	4h	0.04312	−0.021%	$1.5M	$1.8M	50x	as long as short
Bitget STRKUSDT	+0.0100%	4h	0.04310	−0.063%	$3.0M	$3.8M	75x	as long as short
BingX STRK-USDT	+0.0100%	4h	0.04311	−0.044%	—	$10.1M	—	as long as short
Backpack STRK_USDC_PERP	+0.0100%	1h	0.04310	−0.068%	$29K	$144K	10x	as long as short
Variational Omni STRK	+0.0100%	4h	0.04312	−0.028%	$423K	$1.9M	—	as long as short
GRVT STRK_USDT_Perp	+0.0100%	4h	0.04314	+0.024%	$188K	$3.5M	10x	as long as short
SunX STRK-USDT	+0.0100%	4h	0.04413	+2.321%	$2K	$880K	20x	as long as short
Extended STRK-USD	+0.0104%	1h	0.04309	−0.084%	$120K	$436K	10x	as long as short
Deribit STRK_USDC-PERPETUAL	+0.0214%	1h	0.04313	+0.002%	$8K	$43K	25x	as long as short
BloFin STRK-USDT	+0.0340%	4h	0.04310	−0.068%	$673K	$779K	75x	as long as short