Funding arb · Price arb /

STRK

all STRK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Bybit against Binance−0.093%7-day average −0.043% · you buy dearer than you sell

Net, funding: paid 7d − costs−$57as in the Funding arb table

Net, price: spread back to 7d avg − costs−$62as in the Price arb table

costs, in and out, $10k−$570.571% of the position

Long on Binance Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.002%$0 on $10k

Price spread, last 7 days+0.052%+$5 · spread now −0.093%, 7d avg −0.043%

Together, before fees+0.050%+$5 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: Bybit is 0.050% cheaper against Binance than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.043%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance STRKUSDT	0.04328	0.0100	pay 0.0050% / 4h	2h 32m	$12.3M	$47.9M	75x
Short	Bybit STRKUSDT	0.04324	0.0100	get 0.0050% / 4h	2h 32m	$15.0M	$21.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Binance. 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

Position, each leg$Hold fordaysFee BinancebpFee BybitbpOrdersPrice spread, now −0.093%Rate

Funding earned: $0
Price spread: −0.093% → −0.043%: −$5.02
Slippage, 4 orders: −$36.1
Fee Binance: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$62.11
Costs to cover: 0.571%
Break-even: never at this rate

Slippage from Binance: live order book, 10 min ago; Bybit: live order book, 1 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, 10 min ago	1.16 bp	13.0 bp −$13	39.1 bp −$391	doesn't fit	doesn't fit
Sell Bybit live order book, 1 min ago	1.16 bp	15.6 bp −$16	57.3 bp −$573	doesn't fit	doesn't fit

STRK on 23 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	−0.0560%	1h	0.04277	−1.179%	$60K	$88K	25x	as long as short
Kraken Futures PF_STRKUSD	−0.0306%	1h	0.04316	−0.283%	$454K	$539K	20x	as long as short
dYdX STRK-USD	0.0000%	1h	0.04329	+0.029%	$20K	$24K	5x	as long as short
Injective STRK/USDC PERP	+0.0033%	1h	0.05070	+17.143%	$3K	$38K	5.5x	as long as short
Paradex STRK-USD-PERP	+0.0100%	8h	0.04329	+0.029%	$8K	$144	20x	as long as short
Hyperliquid STRK	+0.0100%	1h	0.04335	+0.161%	$14.7M	$7.2M	5x	as long as short
Aster STRKUSDT	+0.0100%	4h	0.04333	+0.110%	$33K	$328K	10x	as long as short
Pacifica STRK	+0.0100%	1h	0.04333	+0.108%	$43K	$69K	5x	as long as short
Binance STRKUSDTlong	+0.0100%	4h	0.04328	long leg	$12.3M	$47.9M	75x
Bybit STRKUSDTshort	+0.0100%	4h	0.04324	−0.093%	$15.0M	$21.1M	50x

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX STRK-USDT-SWAP	+0.0100%	4h	0.04332	+0.091%	$4.7M	$22.0M	50x	as long as short
Gate STRK_USDT	+0.0100%	4h	0.04327	−0.024%	$589K	$1.3M	50x	as long as short
MEXC STRK_USDT	+0.0100%	4h	0.04330	+0.045%	$12.2M	$2.2M	100x	as long as short
KuCoin STRKUSDTM	+0.0100%	4h	0.04332	+0.091%	$1.5M	$1.8M	50x	as long as short
Bitget STRKUSDT	+0.0100%	4h	0.04329	+0.027%	$3.1M	$3.9M	75x	as long as short
BingX STRK-USDT	+0.0100%	4h	0.04329	+0.022%	—	$26.3M	—	as long as short
Backpack STRK_USDC_PERP	+0.0100%	1h	0.04315	−0.301%	$23K	$147K	10x	as long as short
Variational Omni STRK	+0.0100%	4h	0.04308	−0.467%	$330K	$2.0M	—	as long as short
GRVT STRK_USDT_Perp	+0.0100%	4h	0.04310	−0.407%	$187K	$3.6M	10x	as long as short
SunX STRK-USDT	+0.0100%	4h	0.04417	+2.055%	$2K	$842K	20x	as long as short
Extended STRK-USD	+0.0104%	1h	0.04327	−0.015%	$121K	$661K	10x	as long as short
Lighter STRK	+0.0224%	1h	0.04340	+0.276%	$265K	$505K	5x	as long as short
Deribit STRK_USDC-PERPETUAL	+0.0677%	1h	0.04319	−0.209%	$8K	$44K	25x	as long as short