STRK

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0029%/8h= −3.2% APRpaid last 24h −0.011%

Price spread now: Bybit against Backpack−0.070%7-day average −0.084% · you buy dearer than you sell

Net, funding: paid 7d − costs−$145as in the Funding arb table

Net, price: spread back to 7d avg − costs−$74as in the Price arb table

costs, in and out, $10k−$760.757% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.692%−$69 on $10k

Price spread, last 4 days (all we have)−0.092%−$9 · spread now −0.070%, 7d avg −0.084%

Together, before fees−0.784%−$78 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.084%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Backpack STRK_USDC_PERP	0.04306	0.0100	pay 0.0013% / 1h	34m 39s	$30K	$144K	10x
Short	Bybit STRKUSDT	0.04303	0.0071	get 0.0036% / 4h	3h 34m	$15.1M	$20.1M	50x

Funding history

latest

Range statsloading…

Bybit against Backpack. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee BackpackbpFee BybitbpOrdersPrice spread, now −0.070%Rate

Slippage from Backpack: live order book, 18 min ago; Bybit: live order book, 4 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Backpack live order book, 18 min ago	2.31 bp	21.4 bp −$21	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 4 min ago	1.16 bp	18.9 bp −$19	54.5 bp −$545	doesn't fit	doesn't fit

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	−0.1032%	1h	0.04289	−0.395%	$75K	$98K	25x	as long as short
dYdX STRK-USD	0.0000%	1h	0.04308	+0.040%	$20K	$24K	5x	as long as short
Injective STRK/USDC PERP	+0.0033%	1h	0.05070	+17.743%	$3K	$38K	5.5x	as long as short
Kraken Futures PF_STRKUSD	+0.0059%	1h	0.04308	+0.043%	$454K	$570K	20x	as long as short
Bybit STRKUSDTshort	+0.0071%	4h	0.04303	−0.070%	$15.1M	$20.1M	50x
Lighter STRK	+0.0096%	1h	0.04316	+0.232%	$263K	$464K	5x	as long as short
Paradex STRK-USD-PERP	+0.0100%	8h	0.04306	−0.009%	$8K	$144	20x	as long as short
Hyperliquid STRK	+0.0100%	1h	0.04312	+0.139%	$14.5M	$6.3M	5x	as long as short
Aster STRKUSDT	+0.0100%	4h	0.04306	−0.008%	$33K	$229K	10x	as long as short
Pacifica STRK	+0.0100%	1h	0.04310	+0.093%	$43K	$69K	5x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance STRKUSDT	+0.0100%	4h	0.04307	+0.027%	$12.3M	$44.6M	75x	as long as short
OKX STRK-USDT-SWAP	+0.0100%	4h	0.04306	0.000%	$4.7M	$19.6M	50x	as long as short
Gate STRK_USDT	+0.0100%	4h	0.04304	−0.046%	$568K	$1.4M	50x	as long as short
MEXC STRK_USDT	+0.0100%	4h	0.04307	+0.023%	$12.0M	$1.9M	100x	as long as short
KuCoin STRKUSDTM	+0.0100%	4h	0.04305	−0.023%	$1.5M	$1.8M	50x	as long as short
Bitget STRKUSDT	+0.0100%	4h	0.04308	+0.037%	$3.0M	$3.7M	75x	as long as short
BingX STRK-USDT	+0.0100%	4h	0.04305	−0.023%	—	$9.2M	—	as long as short
Backpack STRK_USDC_PERPlong	+0.0100%	1h	0.04306	long leg	$30K	$144K	10x
Variational Omni STRK	+0.0100%	4h	0.04298	−0.192%	$427K	$1.9M	—	as long as short
GRVT STRK_USDT_Perp	+0.0100%	4h	0.04299	−0.154%	$190K	$3.5M	10x	as long as short
SunX STRK-USDT	+0.0100%	4h	0.04407	+2.346%	$1K	$846K	20x	as long as short
Extended STRK-USD	+0.0104%	1h	0.04303	−0.066%	$119K	$658K	10x	as long as short
Deribit STRK_USDC-PERPETUAL	+0.0214%	1h	0.04310	+0.093%	$8K	$44K	25x	as long as short
BloFin STRK-USDT	+0.0340%	4h	0.04303	−0.070%	$736K	$773K	75x	as long as short