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

STRK

all STRK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.018%
Price spread now: SunX against Backpack+2.442%49s7-day average +2.391% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.681%−$68 on $10k
Price spread, last 4 days (all we have)+1.936%+$194 · spread now +2.442%, 7d avg +2.391%
Together, before fees+1.256%+$126 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: SunX is 0.051% dearer against Backpack than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +2.391%. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBackpack STRK_USDC_PERP0.043400.0100pay 0.0013% / 1h31m 09s$30K$144K10x
ShortSunX STRK-USDT0.044460.0100get 0.0050% / 4h31m 09s$1K$842K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
Price spread: +2.442% → +2.391%
$5.13
Slippage, 4 orders
no order book: not counted
Fee Backpack: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
−$12.87
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Backpack: live order book, 27 min ago; SunX: live order book, 61 min ago. Net counts fees only.

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, 27 min ago2.31 bp16.3 bp −$16doesn't fitdoesn't fitdoesn't fit
Sell SunX live order book, 61 min ago258.67 bpdoesn't fitdoesn't fitdoesn'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−0.0976%1h0.04311−0.668%$75K$98K25xas long as short
Kraken Futures PF_STRKUSD−0.0135%1h0.04345+0.110%$462K$548K20xas long as short
dYdX STRK-USD0.0000%1h0.04343+0.063%$20K$24K5xas long as short
Injective STRK/USDC PERP+0.0033%1h0.05070+16.820%$3K$38K5.5xas long as short
Lighter STRK+0.0096%1h0.04351+0.253%$265K$501K5xas long as short
Paradex STRK-USD-PERP+0.0100%8h0.04339−0.014%$8K$14420xas long as short
Hyperliquid STRK+0.0100%1h0.04347+0.161%$14.6M$6.3M5xas long as short
Aster STRKUSDT+0.0100%4h0.04345+0.121%$33K$269K10xas long as short
Pacifica STRK+0.0100%1h0.04341+0.025%$43K$69K5xas long as short
Binance STRKUSDT+0.0100%4h0.04346+0.134%$12.4M$45.1M75xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit STRKUSDT+0.0100%4h0.04344+0.092%$15.3M$20.4M50xas long as short
OKX STRK-USDT-SWAP+0.0100%4h0.04349+0.207%$4.7M$20.3M50xas long as short
Gate STRK_USDT+0.0100%4h0.043400.000%$568K$1.4M50xas long as short
MEXC STRK_USDT+0.0100%4h0.04348+0.184%$12.2M$2.0M100xas long as short
KuCoin STRKUSDTM+0.0100%4h0.04344+0.092%$1.5M$1.8M50xas long as short
Bitget STRKUSDT+0.0100%4h0.04343+0.069%$3.1M$3.8M75xas long as short
BingX STRK-USDC+0.0100%4h0.043400.000%$730Kas long as short
Backpack STRK_USDC_PERPlong+0.0100%1h0.04340long leg$30K$144K10x
Variational Omni STRK+0.0100%4h0.04300−0.927%$425K$2.0Mas long as short
GRVT STRK_USDT_Perp+0.0100%4h0.04307−0.760%$189K$3.6M10xas long as short
SunX STRK-USDTshort+0.0100%4h0.04446+2.442%$1K$842K20x
Extended STRK-USD+0.0104%1h0.04342+0.049%$120K$659K10xas long as short
BloFin STRK-USDT+0.0340%4h0.04342+0.046%$764K$835K75xas long as short
Deribit STRK_USDC-PERPETUAL+0.0671%1h0.04348+0.184%$8K$44K25xas long as short