Settings8H · net · $10k
Funding arb · Price arb /

STRK

all STRK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h −0.017%
Price spread now: Extended against Backpack−0.083%7-day average −0.119% · you buy dearer than you sell
Net, funding: paid 7d − costs−$149as in the Funding arb table
Net, price: spread back to 7d avg − costs−$77as in the Price arb table
costs, in and out, $10k−$800.805% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.683%−$68 on $10k
Price spread, last 4 days (all we have)+0.063%+$6 · spread now −0.083%, 7d avg −0.119%
Together, before fees−0.620%+ Points / potential airdropExtended: Active · farm board−$62 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 0.036% dearer against Backpack than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.119%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBackpack STRK_USDC_PERP0.043500.0100pay 0.0013% / 1h20m 44s$25K$137K10x
ShortExtended STRK-USD0.043460.0104get 0.0013% / 1h20m 44s$122K$665K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Backpack. 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

Funding earned
$0.84
Price spread: −0.083% → −0.119%
$3.65
Slippage, 4 orders
−$65.48
Fee Backpack: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$75.99
Costs to cover
0.805%
Break-even
640.2 days
Slippage from Backpack: live order book, 42 min ago; Extended: live order book, 42 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Backpack live order book, 42 min ago2.31 bp16.6 bp −$17doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 42 min ago6.92 bp22.2 bp −$22116.1 bp −$1,161doesn't fitdoesn't fit

STRK on 24 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International STRK-PERP-INTX−0.0952%1h0.043500.000%$76K$100K25xas long as short
Kraken Futures PF_STRKUSD−0.0367%1h0.04351+0.020%$458K$531K20xas long as short
dYdX STRK-USD0.0000%1h0.04348−0.043%$20K$24K5xas long as short
Injective STRK/USDC PERP+0.0033%1h0.05070+16.552%$3K$38K5.5xas long as short
Lighter STRK+0.0096%1h0.04355+0.115%$266K$505K5xas long as short
Paradex STRK-USD-PERP+0.0100%8h0.04346−0.088%$8K$14420xas long as short
Hyperliquid STRK+0.0100%1h0.04349−0.023%$14.7M$6.9M5xas long as short
Aster STRKUSDT+0.0100%4h0.04349−0.018%$33K$328K10xas long as short
Pacifica STRK+0.0100%1h0.04349−0.030%$43K$69K5xas long as short
Binance STRKUSDT+0.0100%4h0.04348−0.046%$12.4M$45.8M75xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit STRKUSDT+0.0100%4h0.04345−0.115%$15.3M$20.6M50xas long as short
OKX STRK-USDT-SWAP+0.0100%4h0.04349−0.023%$4.7M$20.8M50xas long as short
Gate STRK_USDT+0.0100%4h0.04345−0.115%$586K$1.3M50xas long as short
MEXC STRK_USDT+0.0100%4h0.04346−0.092%$12.2M$2.0M100xas long as short
KuCoin STRKUSDTM+0.0100%4h0.043500.000%$1.5M$1.8M50xas long as short
Bitget STRKUSDT+0.0100%4h0.04348−0.048%$3.1M$3.8M75xas long as short
BingX STRK-USDT+0.0100%4h0.04346−0.092%$26.1Mas long as short
Backpack STRK_USDC_PERPlong+0.0100%1h0.04350long leg$25K$137K10x
Variational Omni STRK+0.0100%4h0.04341−0.202%$420K$2.1Mas long as short
GRVT STRK_USDT_Perp+0.0100%4h0.04325−0.576%$188K$3.5M10xas long as short
SunX STRK-USDT+0.0100%4h0.04446+2.207%$2K$833K20xas long as short
Extended STRK-USDshort+0.0104%1h0.04346−0.083%$122K$665K10x
BloFin STRK-USDT+0.0340%4h0.04346−0.092%$757K$844K75xas long as short
Deribit STRK_USDC-PERPETUAL+0.0900%1h0.04354+0.092%$8K$44K25xas long as short