Funding arb · Price arb /

STRK

all STRK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%

Price spread now: Extended against Binance−0.058%7-day average −0.098% · you buy dearer than you sell

Net, funding: paid 7d − costs−$67as in the Funding arb table

Net, price: spread back to 7d avg − costs−$64as in the Price arb table

costs, in and out, $10k−$680.676% of the position

Long on Binance Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.007%+$1 on $10k

Price spread, last 4 days (all we have)−0.079%−$8 · spread now −0.058%, 7d avg −0.098%

Together, before fees−0.072%+ Points / potential airdropExtended: Active · farm board−$7 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: Extended is 0.040% dearer against Binance than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.098%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance STRKUSDT	0.04391	0.0100	pay 0.0050% / 4h	1h 23m	$12.6M	$50.0M	75x
Short	Extended STRK-USD	0.04389	0.0104	get 0.0013% / 1h	23m 02s	$121K	$626K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now −0.058%Rate

Funding earned: $0.84
Price spread: −0.058% → −0.098%: $3.96
Slippage, 4 orders: −$52.58
Fee Binance: 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$62.78
Costs to cover: 0.676%
Break-even: 530.2 days

Slippage from Binance: live order book, 4 min ago; Extended: live order book, 60 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, 4 min ago	1.14 bp	12.2 bp −$12	34.2 bp −$342	doesn't fit	doesn't fit
Sell Extended live order book, 60 min ago	5.65 bp	20.4 bp −$20	134.8 bp −$1,348	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	−0.0592%	1h	0.04378	−0.301%	$62K	$96K	25x	as long as short
dYdX STRK-USD	0.0000%	1h	0.04396	+0.106%	$20K	$24K	5x	as long as short
Injective STRK/USDC PERP	+0.0033%	1h	0.05070	+15.457%	$3K	$38K	5.5x	as long as short
BloFin STRK-USDT	+0.0093%	4h	0.04392	+0.017%	$753K	$725K	75x	as long as short
Paradex STRK-USD-PERP	+0.0100%	8h	0.04391	0.000%	$8K	$144	20x	as long as short
Hyperliquid STRK	+0.0100%	1h	0.04395	+0.086%	$15.1M	$7.3M	5x	as long as short
Aster STRKUSDT	+0.0100%	4h	0.04395	+0.075%	$34K	$363K	10x	as long as short
Pacifica STRK	+0.0100%	1h	0.04396	+0.102%	$44K	$69K	5x	as long as short
Binance STRKUSDTlong	+0.0100%	4h	0.04391	long leg	$12.6M	$50.0M	75x
Bybit STRKUSDT	+0.0100%	4h	0.04386	−0.119%	$15.4M	$21.4M	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	0.04390	−0.028%	$4.9M	$23.6M	50x	as long as short
Gate STRK_USDT	+0.0100%	4h	0.04390	−0.028%	$585K	$1.4M	50x	as long as short
MEXC STRK_USDT	+0.0100%	4h	0.04394	+0.063%	$12.2M	$2.1M	100x	as long as short
KuCoin STRKUSDTM	+0.0100%	4h	0.04393	+0.040%	$1.5M	$1.9M	50x	as long as short
Bitget STRKUSDT	+0.0100%	4h	0.04393	+0.033%	$3.1M	$4.1M	75x	as long as short
BingX STRK-USDC	+0.0100%	4h	0.04391	−0.005%	—	$720K	—	as long as short
Backpack STRK_USDC_PERP	+0.0100%	1h	0.04391	−0.005%	$25K	$150K	10x	as long as short
Variational Omni STRK	+0.0100%	4h	0.04387	−0.097%	$259K	$1.9M	—	as long as short
GRVT STRK_USDT_Perp	+0.0100%	4h	0.04398	+0.164%	$187K	$3.5M	10x	as long as short
SunX STRK-USDT	+0.0100%	4h	0.04494	+2.340%	$1K	$826K	20x	as long as short
Extended STRK-USDshort	+0.0104%	1h	0.04389	−0.058%	$121K	$626K	10x
Lighter STRK	+0.0336%	1h	0.04402	+0.245%	$272K	$540K	5x	as long as short
Deribit STRK_USDC-PERPETUAL	+0.0433%	1h	0.04398	+0.154%	$8K	$24K	25x	as long as short
Kraken Futures PF_STRKUSD	+0.1167%	1h	0.04396	+0.100%	$476K	$492K	20x	as long as short