Funding arb · Price arb /

STRK

all STRK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h +0.325%

Price spread now: dYdX against BingX+0.107%7-day average — · you sell dearer than you buy

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

Long on BingX Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 5 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 pays, funding is against you. dYdX is 0.107% dearer against BingX than usual: you sell high and buy low (spread +0.107% now, against zero (this spread has no 7-day history yet)): +$11 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.6 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX STRK-USDT	0.04379	0.0100	pay 0.0050% / 4h	1h 12m	—	$26.1M	—
Short	dYdX STRK-USD	0.04384	0	get 0.0000% / 1h	12m 50s	$20K	$24K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX 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 dYdXbpOrdersPrice spread, now +0.107%Rate

Funding earned: −$21
Price spread: +0.107% → 0.000%: $10.72
Slippage, 4 orders: no order book: not counted
Fee BingX: 5 bp × 2 orders: −$10
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$30.28
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: BingX: live order book, 6 min ago; dYdX: 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 BingX live order book, 6 min ago	3.42 bp	17.3 bp −$17	37.9 bp −$379	399.9 bp −$40.0K	833.5 bp −$416.7K
Sell dYdX no order-book sample	—	—	—	—	—

dYdX: 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	−0.0592%	1h	0.04378	−0.023%	$62K	$95K	25x	as long as short
dYdX STRK-USDshort	0.0000%	1h	0.04384	+0.107%	$20K	$24K	5x
Injective STRK/USDC PERP	+0.0033%	1h	0.05070	+15.780%	$3K	$38K	5.5x	as long as short
Paradex STRK-USD-PERP	+0.0100%	8h	0.04383	+0.085%	$8K	$144	20x	as long as short
Hyperliquid STRK	+0.0100%	1h	0.04385	+0.137%	$15.1M	$7.3M	5x	as long as short
Aster STRKUSDT	+0.0100%	4h	0.04384	+0.121%	$34K	$361K	10x	as long as short
Pacifica STRK	+0.0100%	1h	0.04386	+0.162%	$44K	$69K	5x	as long as short
Binance STRKUSDT	+0.0100%	4h	0.04383	+0.094%	$12.6M	$49.9M	75x	as long as short
Bybit STRKUSDT	+0.0100%	4h	0.04379	0.000%	$15.4M	$21.4M	50x	as long as short
OKX STRK-USDT-SWAP	+0.0100%	4h	0.04380	+0.023%	$4.9M	$23.4M	50x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate STRK_USDT	+0.0100%	4h	0.04380	+0.023%	$583K	$1.4M	50x	as long as short
MEXC STRK_USDT	+0.0100%	4h	0.04383	+0.091%	$12.2M	$2.1M	100x	as long as short
KuCoin STRKUSDTM	+0.0100%	4h	0.04381	+0.046%	$1.5M	$1.9M	50x	as long as short
Bitget STRKUSDT	+0.0100%	4h	0.04381	+0.039%	$3.1M	$4.1M	75x	as long as short
BingX STRK-USDTlong	+0.0100%	4h	0.04379	long leg	—	$26.1M	—
Backpack STRK_USDC_PERP	+0.0100%	1h	0.04383	+0.091%	$25K	$150K	10x	as long as short
Variational Omni STRK	+0.0100%	4h	0.04381	+0.045%	$258K	$1.9M	—	as long as short
GRVT STRK_USDT_Perp	+0.0100%	4h	0.04385	+0.135%	$187K	$3.5M	10x	as long as short
SunX STRK-USDT	+0.0100%	4h	0.04483	+2.375%	$1K	$828K	20x	as long as short
Extended STRK-USD	+0.0104%	1h	0.04380	+0.014%	$121K	$626K	10x	as long as short
BloFin STRK-USDT	+0.0133%	4h	0.04384	+0.114%	$753K	$723K	75x	as long as short
Lighter STRK	+0.0376%	1h	0.04394	+0.343%	$271K	$540K	5x	as long as short
Deribit STRK_USDC-PERPETUAL	+0.0434%	1h	0.04388	+0.206%	$8K	$24K	25x	as long as short
Kraken Futures PF_STRKUSD	+0.1168%	1h	0.04392	+0.304%	$477K	$494K	20x	as long as short