Funding arb · Price arb /

STRK

all STRK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0660%/8h= −72.3% APRpaid last 24h −0.308%

Price spread now: Coinbase International against Binance−0.116%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Binance Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days−1.064%−$106 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 −$20 a day on $10k at the current rate, and Coinbase International is 0.116% cheaper against Binance than usual: you would sell low and buy high (−$12 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance STRKUSDT	0.04299	0.0100	pay 0.0050% / 4h	2h 54m	$12.2M	$48.7M	75x
Short	Coinbase International STRK-PERP-INTX	0.04294	−0.0560	pay 0.0070% / 1h	54m 09s	$60K	$92K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International 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 Coinbase InternationalbpOrdersPrice spread, now −0.116%Rate

Funding earned: −$138.6
Price spread: −0.116% → 0.000%: −$11.63
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$170.23
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: Binance: 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 Binance live order book, 3 min ago	1.16 bp	14.9 bp −$15	40.4 bp −$404	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	−0.0560%	1h	0.04294	−0.116%	$60K	$92K	25x
Kraken Futures PF_STRKUSD	−0.0307%	1h	0.04302	+0.081%	$456K	$529K	20x	as long as short
dYdX STRK-USD	0.0000%	1h	0.04296	−0.063%	$20K	$24K	5x	as long as short
Injective STRK/USDC PERP	+0.0033%	1h	0.05070	+17.934%	$3K	$38K	5.5x	as long as short
Paradex STRK-USD-PERP	+0.0100%	8h	0.04289	−0.242%	$8K	$144	20x	as long as short
Hyperliquid STRK	+0.0100%	1h	0.04306	+0.163%	$14.6M	$7.2M	5x	as long as short
Aster STRKUSDT	+0.0100%	4h	0.04294	−0.114%	$33K	$328K	10x	as long as short
Pacifica STRK	+0.0100%	1h	0.04295	−0.084%	$43K	$69K	5x	as long as short
Binance STRKUSDTlong	+0.0100%	4h	0.04299	long leg	$12.2M	$48.7M	75x
Bybit STRKUSDT	+0.0100%	4h	0.04296	−0.070%	$15.0M	$21.5M	50x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX STRK-USDT-SWAP	+0.0100%	4h	0.04300	+0.023%	$4.7M	$22.2M	50x	as long as short
Gate STRK_USDT	+0.0100%	4h	0.04295	−0.093%	$576K	$1.3M	50x	as long as short
MEXC STRK_USDT	+0.0100%	4h	0.04298	−0.023%	$12.2M	$2.2M	100x	as long as short
KuCoin STRKUSDTM	+0.0100%	4h	0.04297	−0.047%	$1.5M	$1.9M	50x	as long as short
Bitget STRKUSDT	+0.0100%	4h	0.04300	+0.021%	$3.0M	$4.0M	75x	as long as short
BingX STRK-USDT	+0.0100%	4h	0.04300	+0.023%	—	$26.4M	—	as long as short
Backpack STRK_USDC_PERP	+0.0100%	1h	0.04299	0.000%	$23K	$148K	10x	as long as short
Variational Omni STRK	+0.0100%	4h	0.04301	+0.043%	$349K	$2.0M	—	as long as short
GRVT STRK_USDT_Perp	+0.0100%	4h	0.04309	+0.233%	$192K	$3.6M	10x	as long as short
SunX STRK-USDT	+0.0100%	4h	0.04392	+2.163%	$1K	$847K	20x	as long as short
Extended STRK-USD	+0.0104%	1h	0.04298	−0.035%	$119K	$663K	10x	as long as short
BloFin STRK-USDT	+0.0340%	4h	0.04306	+0.163%	$743K	$820K	75x	as long as short
Lighter STRK	+0.0392%	1h	0.04310	+0.256%	$263K	$504K	5x	as long as short
Deribit STRK_USDC-PERPETUAL	+0.0913%	1h	0.04304	+0.116%	$8K	$44K	25x	as long as short