Funding you earn now, next payment 22:00 UTC−0.0692%/8h= −75.8% APRnext payment −$0.86 per $10,000 · paid last 24h −0.324%
Price spread now: Coinbase International against Backpack−0.205%52s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−1.738%−$174 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$21 a day on $10k at the current rate, and Coinbase International is 0.205% cheaper against Backpack than usual: you would sell low and buy high (−$21 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack STRK_USDC_PERP | 0.04387 | 0.0100 | pay 0.0013% / 1h | 15m 18s | $25K | $150K | 10x |
| Short | Coinbase International STRK-PERP-INTX | 0.04378 | −0.0592 | pay 0.0074% / 1h | 15m 18s | $62K | $96K | 25x |
Backpack STRK_USDC_PERP
Coinbase International STRK-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Backpack. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$145.32
- Price spread: −0.205% → 0.000%
- −$20.52
- Slippage, 4 orders
- no order book: not counted
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$185.84
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Backpack: live order book, 3 min ago; Coinbase International: no order-book sample. Net counts fees only.
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 Backpack live order book, 3 min ago | 2.28 bp | 13.7 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
| Sell Coinbase International no order-book sample | — | — | — | — | — |
Coinbase International: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0592% | 1h | 0.04378 | −0.205% | $62K | $96K | 25x | |
| dYdX STRK-USD | 0.0000% | 1h | 0.04387 | +0.009% | $20K | $24K | 5x | as long as short |
| Injective STRK/USDC PERP | +0.0033% | 1h | 0.05070 | +15.569% | $3K | $38K | 5.5x | as long as short |
| Paradex STRK-USD-PERP | +0.0100% | 8h | 0.04385 | −0.052% | $8K | $144 | 20x | as long as short |
| Hyperliquid STRK | +0.0100% | 1h | 0.04390 | +0.068% | $15.1M | $7.3M | 5x | as long as short |
| Aster STRKUSDT | +0.0100% | 4h | 0.04389 | +0.035% | $34K | $361K | 10x | as long as short |
| Pacifica STRK | +0.0100% | 1h | 0.04388 | +0.032% | $44K | $69K | 5x | as long as short |
| Binance STRKUSDT | +0.0100% | 4h | 0.04392 | +0.114% | $12.6M | $49.9M | 75x | as long as short |
| Bybit STRKUSDT | +0.0100% | 4h | 0.04390 | +0.068% | $15.5M | $21.4M | 50x | as long as short |
| OKX STRK-USDT-SWAP | +0.0100% | 4h | 0.04392 | +0.114% | $4.9M | $23.5M | 50x | as long as short |
dYdX STRK-USD
Injective STRK/USDC PERP
Paradex STRK-USD-PERP
Hyperliquid STRK
Aster STRKUSDT
Pacifica STRK
Binance STRKUSDT
Bybit STRKUSDT
OKX STRK-USDT-SWAPShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate STRK_USDT | +0.0100% | 4h | 0.04386 | −0.023% | $584K | $1.4M | 50x | as long as short |
| MEXC STRK_USDT | +0.0100% | 4h | 0.04386 | −0.023% | $12.2M | $2.1M | 100x | as long as short |
| KuCoin STRKUSDTM | +0.0100% | 4h | 0.04387 | 0.000% | $1.5M | $1.9M | 50x | as long as short |
| Bitget STRKUSDT | +0.0100% | 4h | 0.04385 | −0.034% | $3.1M | $4.1M | 75x | as long as short |
| BingX STRK-USDC | +0.0100% | 4h | 0.04386 | −0.023% | — | $721K | — | as long as short |
| Backpack STRK_USDC_PERPlong | +0.0100% | 1h | 0.04387 | long leg | $25K | $150K | 10x | |
| Variational Omni STRK | +0.0100% | 4h | 0.04381 | −0.138% | $258K | $1.9M | — | as long as short |
| GRVT STRK_USDT_Perp | +0.0100% | 4h | 0.04385 | −0.047% | $187K | $3.5M | 10x | as long as short |
| SunX STRK-USDT | +0.0100% | 4h | 0.04488 | +2.302% | $2K | $828K | 20x | as long as short |
| Extended STRK-USD | +0.0104% | 1h | 0.04385 | −0.049% | $121K | $626K | 10x | as long as short |
| BloFin STRK-USDT | +0.0160% | 4h | 0.04391 | +0.091% | $754K | $724K | 75x | as long as short |
| Lighter STRK | +0.0368% | 1h | 0.04404 | +0.388% | $272K | $540K | 5x | as long as short |
| Deribit STRK_USDC-PERPETUAL | +0.0434% | 1h | 0.04391 | +0.091% | $8K | $24K | 25x | as long as short |
| Kraken Futures PF_STRKUSD | +0.1167% | 1h | 0.04397 | +0.238% | $477K | $492K | 20x | as long as short |
Gate STRK_USDT
MEXC STRK_USDT
KuCoin STRKUSDTM
Bitget STRKUSDT
BingX STRK-USDC
Variational Omni STRK
GRVT STRK_USDT_Perp
SunX STRK-USDT
Extended STRK-USD
BloFin STRK-USDT
Lighter STRK
Deribit STRK_USDC-PERPETUAL
Kraken Futures PF_STRKUSD