Funding arb · Price arb /

STRK

all STRK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%

Price spread now: Extended against Aster−0.114%7-day average −0.077% · 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−$126as in the Price arb table

costs, in and out, $10k−$1221.218% of the position

Long on Aster Short on Extended

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)+0.029%+$3 on $10k

Price spread, last 4 days (all we have)−0.185%−$18 · spread now −0.114%, 7d avg −0.077%

Together, before fees−0.156%+ Points / potential airdropAster: Stage 5 · Extended: Active · farm board−$16 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.037% cheaper against Aster than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.077%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster STRKUSDT	0.04407	0.0100	pay 0.0050% / 4h	2h 16m	$35K	$374K	10x
Short	Extended STRK-USD	0.04402	0.0104	get 0.0013% / 1h	16m 27s	$122K	$626K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now −0.114%Rate

Funding earned: $0.84
Price spread: −0.114% → −0.077%: −$3.73
Slippage, 4 orders: −$108.82
Fee Aster: 4 bp × 2 orders: −$8
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$124.71
Costs to cover: 1.218%
Break-even: 1046.3 days

Slippage from Aster: live order book, 6 min ago; Extended: live order book, 6 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, 6 min ago	14.69 bp	53.9 bp −$54	doesn't fit	doesn't fit	doesn't fit
Sell Extended live order book, 6 min ago	5.65 bp	20.4 bp −$20	134.8 bp −$1,348	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-INTX	−0.0352%	1h	0.04405	−0.045%	$63K	$91K	25x	as long as short
dYdX STRK-USD	0.0000%	1h	0.04410	+0.074%	$21K	$24K	5x	as long as short
Injective STRK/USDC PERP	+0.0033%	1h	0.05070	+15.044%	$3K	$38K	5.5x	as long as short
BloFin STRK-USDT	+0.0056%	4h	0.04408	+0.023%	$786K	$728K	75x	as long as short
Paradex STRK-USD-PERP	+0.0100%	8h	0.04404	−0.073%	$8K	$144	20x	as long as short
Hyperliquid STRK	+0.0100%	1h	0.04407	0.000%	$15.2M	$7.2M	5x	as long as short
Aster STRKUSDTlong	+0.0100%	4h	0.04407	long leg	$35K	$374K	10x
Pacifica STRK	+0.0100%	1h	0.04408	+0.020%	$44K	$69K	5x	as long as short
Binance STRKUSDT	+0.0100%	4h	0.04403	−0.084%	$12.7M	$50.2M	75x	as long as short
Bybit STRKUSDT	+0.0100%	4h	0.04401	−0.136%	$15.6M	$21.1M	50x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX STRK-USDT-SWAP	+0.0100%	4h	0.04402	−0.113%	$4.9M	$23.7M	50x	as long as short
Gate STRK_USDT	+0.0100%	4h	0.04408	+0.023%	$591K	$1.5M	50x	as long as short
MEXC STRK_USDT	+0.0100%	4h	0.04404	−0.068%	$11.6M	$2.2M	100x	as long as short
KuCoin STRKUSDTM	+0.0100%	4h	0.04404	−0.068%	$1.5M	$1.9M	50x	as long as short
Bitget STRKUSDT	+0.0100%	4h	0.04407	+0.005%	$3.1M	$4.1M	75x	as long as short
BingX STRK-USDC	+0.0100%	4h	0.04404	−0.068%	—	$723K	—	as long as short
Backpack STRK_USDC_PERP	+0.0100%	1h	0.04407	0.000%	$25K	$152K	10x	as long as short
Variational Omni STRK	+0.0100%	4h	0.04416	+0.199%	$359K	$1.7M	—	as long as short
GRVT STRK_USDT_Perp	+0.0100%	4h	0.04412	+0.117%	$190K	$3.5M	10x	as long as short
SunX STRK-USDT	+0.0100%	4h	0.04508	+2.292%	$2K	$816K	20x	as long as short
Extended STRK-USDshort	+0.0104%	1h	0.04402	−0.114%	$122K	$626K	10x
Deribit STRK_USDC-PERPETUAL	+0.0204%	1h	0.04411	+0.091%	$8K	$24K	25x	as long as short
Lighter STRK	+0.0256%	1h	0.04417	+0.227%	$272K	$541K	5x	as long as short
Kraken Futures PF_STRKUSD	+0.0336%	1h	0.04421	+0.316%	$470K	$491K	20x	as long as short