Funding arb · Price arb /

STRK

all STRK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0113%/8h= +12.4% APRpaid last 24h +0.166%

Price spread now: Deribit against Binance+0.004%7-day average — · you sell dearer than you buy

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

Long on Binance Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance STRKUSDT	0.04318	0.0100	pay 0.0050% / 4h	3m 33s	$12.4M	$44.6M	75x
Short	Deribit STRK_USDC-PERPETUAL	0.04318	0.0213	get 0.0027% / 1h	3m 33s	$8K	$44K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit 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 DeribitbpOrdersPrice spread, now +0.004%Rate

Funding earned: $23.81
Price spread: +0.004% → 0.000%: $0.44
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: $7.25
Costs to cover: 0.170%
Break-even: 4.9 days

Slippage unknown: Binance: live order book, 8 min ago; Deribit: 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, 8 min ago	1.15 bp	14.4 bp −$14	45.8 bp −$458	doesn't fit	doesn't fit
Sell Deribit no order-book sample	—	—	—	—	—

Deribit: 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-INTX	−0.0976%	1h	0.04303	−0.343%	$75K	$98K	25x	as long as short
Kraken Futures PF_STRKUSD	−0.0136%	1h	0.04318	+0.014%	$458K	$548K	20x	as long as short
dYdX STRK-USD	0.0000%	1h	0.04317	−0.025%	$20K	$24K	5x	as long as short
Injective STRK/USDC PERP	+0.0033%	1h	0.05070	+17.421%	$3K	$38K	5.5x	as long as short
Lighter STRK	+0.0096%	1h	0.04324	+0.143%	$264K	$502K	5x	as long as short
Paradex STRK-USD-PERP	+0.0100%	8h	0.04316	−0.050%	$8K	$144	20x	as long as short
Hyperliquid STRK	+0.0100%	1h	0.04321	+0.074%	$14.5M	$6.3M	5x	as long as short
Aster STRKUSDT	+0.0100%	4h	0.04318	+0.008%	$33K	$229K	10x	as long as short
Pacifica STRK	+0.0100%	1h	0.04318	+0.011%	$43K	$69K	5x	as long as short
Binance STRKUSDTlong	+0.0100%	4h	0.04318	long leg	$12.4M	$44.6M	75x

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit STRKUSDT	+0.0100%	4h	0.04313	−0.111%	$15.2M	$20.1M	50x	as long as short
OKX STRK-USDT-SWAP	+0.0100%	4h	0.04317	−0.019%	$4.7M	$19.7M	50x	as long as short
Gate STRK_USDT	+0.0100%	4h	0.04313	−0.111%	$565K	$1.4M	50x	as long as short
MEXC STRK_USDT	+0.0100%	4h	0.04316	−0.042%	$12.1M	$2.0M	100x	as long as short
KuCoin STRKUSDTM	+0.0100%	4h	0.04316	−0.042%	$1.5M	$1.8M	50x	as long as short
Bitget STRKUSDT	+0.0100%	4h	0.04315	−0.065%	$3.0M	$3.7M	75x	as long as short
BingX STRK-USDT	+0.0100%	4h	0.04314	−0.088%	—	$9.2M	—	as long as short
Backpack STRK_USDC_PERP	+0.0100%	1h	0.04316	−0.042%	$30K	$143K	10x	as long as short
Variational Omni STRK	+0.0100%	4h	0.04312	−0.141%	$428K	$1.9M	—	as long as short
GRVT STRK_USDT_Perp	+0.0100%	4h	0.04318	+0.004%	$188K	$3.5M	10x	as long as short
SunX STRK-USDT	+0.0100%	4h	0.04417	+2.297%	$2K	$844K	20x	as long as short
Extended STRK-USD	+0.0104%	1h	0.04315	−0.059%	$121K	$659K	10x	as long as short
Deribit STRK_USDC-PERPETUALshort	+0.0213%	1h	0.04318	+0.004%	$8K	$44K	25x
BloFin STRK-USDT	+0.0340%	4h	0.04317	−0.019%	$765K	$791K	75x	as long as short