Funding you earn now, next payment 08:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.036%
Price spread now: BloFin against Binance+0.238%71s7-day average +0.054% · you sell dearer than you buy
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$570.574% of the position
Funding, last 7 days+0.070%+$7 on $10k
+Price spread, last 4 days (all we have)+2.397%+$240 · spread now +0.238%, 7d avg +0.054%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BloFin is 0.185% dearer against Binance than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of +0.054%. The two prices were read 71 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.070% in total (about 3.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.20 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance STRKUSDT | 0.04294 | 0.0100 | pay 0.0050% / 4h | 3h 12m | $12.3M | $44.4M | 75x |
| Short | BloFin STRK-USDT | 0.04304 | 0.0340 | get 0.0170% / 4h | 3h 12m | $729K | $768K | 75x |
Binance STRKUSDT
BloFin STRK-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Binance. 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
- $50.4
- Price spread: +0.238% → +0.054%
- $18.48
- Slippage, 4 orders
- −$35.36
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $11.52
- Costs to cover
- 0.574%
- Break-even
- 5.4 days
Slippage from Binance: live order book, 15 min ago; BloFin: live order book, 20 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 Binance live order book, 15 min ago | 1.15 bp | 12.7 bp −$13 | 32.0 bp −$320 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 20 min ago | 3.46 bp | 20.3 bp −$20 | 44.3 bp −$443 | 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 | −0.1032% | 1h | 0.04294 | +0.005% | $70K | $101K | 25x | as long as short |
| dYdX STRK-USD | 0.0000% | 1h | 0.04302 | +0.194% | $20K | $24K | 5x | as long as short |
| Injective STRK/USDC PERP | +0.0033% | 1h | 0.05070 | +18.078% | $3K | $38K | 5.5x | as long as short |
| Kraken Futures PF_STRKUSD | +0.0060% | 1h | 0.04303 | +0.209% | $453K | $572K | 20x | as long as short |
| Lighter STRK | +0.0096% | 1h | 0.04306 | +0.285% | $263K | $465K | 5x | as long as short |
| Paradex STRK-USD-PERP | +0.0100% | 8h | 0.04298 | +0.104% | $8K | $144 | 20x | as long as short |
| Hyperliquid STRK | +0.0100% | 1h | 0.04299 | +0.122% | $14.5M | $6.3M | 5x | as long as short |
| Aster STRKUSDT | +0.0100% | 4h | 0.04293 | −0.018% | $33K | $229K | 10x | as long as short |
| Pacifica STRK | +0.0100% | 1h | 0.04304 | +0.234% | $43K | $69K | 5x | as long as short |
| Binance STRKUSDTlong | +0.0100% | 4h | 0.04294 | long leg | $12.3M | $44.4M | 75x |
Coinbase International STRK-PERP-INTX
dYdX STRK-USD
Injective STRK/USDC PERP
Kraken Futures PF_STRKUSD
Lighter STRK
Paradex STRK-USD-PERP
Hyperliquid STRK
Aster STRKUSDT
Pacifica STRKShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit STRKUSDT | +0.0100% | 4h | 0.04290 | −0.088% | $15.1M | $20.0M | 50x | as long as short |
| OKX STRK-USDT-SWAP | +0.0100% | 4h | 0.04294 | +0.005% | $4.7M | $19.5M | 50x | as long as short |
| Gate STRK_USDT | +0.0100% | 4h | 0.04294 | +0.005% | $565K | $1.4M | 50x | as long as short |
| MEXC STRK_USDT | +0.0100% | 4h | 0.04299 | +0.122% | $12.0M | $2.0M | 100x | as long as short |
| KuCoin STRKUSDTM | +0.0100% | 4h | 0.04297 | +0.075% | $1.5M | $1.8M | 50x | as long as short |
| Bitget STRKUSDT | +0.0100% | 4h | 0.04292 | −0.029% | $3.0M | $3.8M | 75x | as long as short |
| BingX STRK-USDC | +0.0100% | 4h | 0.04297 | +0.075% | — | $725K | — | as long as short |
| Backpack STRK_USDC_PERP | +0.0100% | 1h | 0.04293 | −0.018% | $30K | $143K | 10x | as long as short |
| Variational Omni STRK | +0.0100% | 4h | 0.04314 | +0.465% | $430K | $1.9M | — | as long as short |
| GRVT STRK_USDT_Perp | +0.0100% | 4h | 0.04311 | +0.409% | $188K | $3.5M | 10x | as long as short |
| SunX STRK-USDT | +0.0100% | 4h | 0.04400 | +2.474% | $2K | $847K | 20x | as long as short |
| Extended STRK-USD | +0.0104% | 1h | 0.04296 | +0.058% | $119K | $522K | 10x | as long as short |
| Deribit STRK_USDC-PERPETUAL | +0.0215% | 1h | 0.04301 | +0.168% | $8K | $43K | 25x | as long as short |
| BloFin STRK-USDTshort | +0.0340% | 4h | 0.04304 | +0.238% | $729K | $768K | 75x |
Bybit STRKUSDT
OKX STRK-USDT-SWAP
Gate STRK_USDT
MEXC STRK_USDT
KuCoin STRKUSDTM
Bitget STRKUSDT
BingX STRK-USDC
Backpack STRK_USDC_PERP
Variational Omni STRK
GRVT STRK_USDT_Perp
SunX STRK-USDT
Extended STRK-USD
Deribit STRK_USDC-PERPETUAL