Funding arb · Price arb /

STRK

all STRK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.1004%/8h= −109.9% APRpaid last 24h −0.368%

Price spread now: Coinbase International against BingX−0.541%7-day average — · you buy dearer than you sell

Net, funding: paid 7d − costs−$194as in the Funding arb table

Net, price: spread back to 7d avg − costs−$134as in the Price arb table

costs, in and out, $10k−$800.801% of the position

Long on BingX Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days−1.139%−$114 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 −$30 a day on $10k at the current rate, and Coinbase International is 0.541% cheaper against BingX than usual: you would sell low and buy high (−$54 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	BingX STRK-USDC	0.04251	0.0100	pay 0.0050% / 4h	2h 42m	—	$724K	—
Short	Coinbase International STRK-PERP-INTX	0.04228	−0.0904	pay 0.0113% / 1h	42m 57s	$69K	$99K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against BingX. 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 BingXbpFee Coinbase InternationalbpOrdersPrice spread, now −0.541%Rate

Funding earned: −$210.84
Price spread: −0.541% → 0.000%: −$54.1
Slippage, 4 orders: −$60.11
Fee BingX: 5 bp × 2 orders: −$10
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$345.05
Costs to cover: 0.801%
Break-even: never at this rate

Slippage from BingX: live order book, 46 min ago; Coinbase International: live order book, 40 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 BingX live order book, 46 min ago	2.31 bp	18.6 bp −$19	46.0 bp −$460	278.3 bp −$27.8K	660.3 bp −$330.1K
Sell Coinbase International live order book, 40 min ago	15.05 bp	21.6 bp −$22	155.5 bp −$1,555	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-INTXshort	−0.0904%	1h	0.04228	−0.541%	$69K	$99K	25x
Kraken Futures PF_STRKUSD	−0.0192%	1h	0.04254	+0.059%	$445K	$583K	20x	as long as short
dYdX STRK-USD	0.0000%	1h	0.04256	+0.121%	$20K	$24K	5x	as long as short
Deribit STRK_USDC-PERPETUAL	0.0000%	1h	0.04254	+0.071%	$8K	$43K	25x	as long as short
Injective STRK/USDC PERP	+0.0033%	1h	0.05070	+19.266%	$3K	$38K	5.5x	as long as short
Lighter STRK	+0.0096%	1h	0.04258	+0.165%	$254K	$442K	5x	as long as short
Paradex STRK-USD-PERP	+0.0099%	8h	0.04251	−0.004%	$8K	$144	20x	as long as short
Hyperliquid STRK	+0.0100%	1h	0.04250	−0.024%	$14.1M	$6.4M	5x	as long as short
Aster STRKUSDT	+0.0100%	4h	0.04251	+0.009%	$33K	$229K	10x	as long as short
Pacifica STRK	+0.0100%	1h	0.04255	+0.087%	$42K	$69K	5x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance STRKUSDT	+0.0100%	4h	0.04253	+0.047%	$11.9M	$44.8M	75x	as long as short
Bybit STRKUSDT	+0.0100%	4h	0.04250	−0.024%	$14.8M	$20.1M	50x	as long as short
OKX STRK-USDT-SWAP	+0.0100%	4h	0.04256	+0.118%	$4.6M	$19.3M	50x	as long as short
Gate STRK_USDT	+0.0100%	4h	0.04249	−0.047%	$563K	$1.4M	50x	as long as short
MEXC STRK_USDT	+0.0100%	4h	0.04249	−0.047%	$11.3M	$2.1M	100x	as long as short
KuCoin STRKUSDTM	+0.0100%	4h	0.04252	+0.024%	$1.5M	$1.9M	50x	as long as short
Bitget STRKUSDT	+0.0100%	4h	0.04250	−0.024%	$3.1M	$3.9M	75x	as long as short
BingX STRK-USDClong	+0.0100%	4h	0.04251	long leg	—	$724K	—
Backpack STRK_USDC_PERP	+0.0100%	1h	0.04248	−0.071%	$26K	$144K	10x	as long as short
Variational Omni STRK	+0.0100%	4h	0.04250	−0.029%	$418K	$1.9M	—	as long as short
GRVT STRK_USDT_Perp	+0.0100%	4h	0.04257	+0.142%	$186K	$3.5M	10x	as long as short
SunX STRK-USDT	+0.0100%	4h	0.04351	+2.352%	$2K	$864K	20x	as long as short
Extended STRK-USD	+0.0104%	1h	0.04248	−0.060%	$121K	$471K	10x	as long as short
BloFin STRK-USDT	+0.0340%	4h	0.04251	0.000%	$695K	$755K	75x	as long as short