Funding you earn now, next payment 04:00 UTC−0.0236%/8h= −25.8% APRpaid last 24h +0.104%
Price spread now: Kraken Futures against BingX+0.125%7-day average +0.215% · you sell dearer than you buy
Net, funding: paid 7d − costs+$50as in the Funding arb table
Net, price: spread back to 7d avg − costs−$100as in the Price arb table
costs, in and out, $10k−$910.914% of the position
Funding, last 7 days+1.419%+$142 on $10k
+Price spread, last 4 days (all we have)+5.030%+$503 · spread now +0.125%, 7d avg +0.215%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Kraken Futures is 0.090% cheaper against BingX than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.215%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +1.419%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX STRK-USDT | 0.04330 | 0.0100 | pay 0.0050% / 4h | 3h 59m | — | $9.2M | — |
| Short | Kraken Futures PF_STRKUSD | 0.04335 | −0.0136 | pay 0.0017% / 1h | 59m 42s | $460K | $548K | 20x |
BingX STRK-USDT
Kraken Futures PF_STRKUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against BingX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$49.49
- Price spread: +0.125% → +0.215%
- −$9
- Slippage, 4 orders
- −$71.41
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$149.9
- Costs to cover
- 0.914%
- Break-even
- never at this rate
Slippage from BingX: live order book, 3 min ago; Kraken Futures: live order book, 58 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, 3 min ago | 3.47 bp | 15.4 bp −$15 | 36.9 bp −$369 | 421.5 bp −$42.2K | 935.4 bp −$467.7K |
| Sell Kraken Futures live order book, 58 min ago | 20.80 bp | 32.8 bp −$33 | 386.7 bp −$3,867 | 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 | −0.0976% | 1h | 0.04303 | −0.624% | $75K | $98K | 25x | as long as short |
| Kraken Futures PF_STRKUSDshort | −0.0136% | 1h | 0.04335 | +0.125% | $460K | $548K | 20x | |
| dYdX STRK-USD | 0.0000% | 1h | 0.04337 | +0.166% | $20K | $24K | 5x | as long as short |
| Injective STRK/USDC PERP | +0.0033% | 1h | 0.05070 | +17.090% | $3K | $38K | 5.5x | as long as short |
| Lighter STRK | +0.0096% | 1h | 0.04342 | +0.277% | $265K | $463K | 5x | as long as short |
| Paradex STRK-USD-PERP | +0.0100% | 8h | 0.04330 | +0.011% | $8K | $144 | 20x | as long as short |
| Hyperliquid STRK | +0.0100% | 1h | 0.04337 | +0.162% | $14.6M | $6.3M | 5x | as long as short |
| Aster STRKUSDT | +0.0100% | 4h | 0.04336 | +0.142% | $33K | $229K | 10x | as long as short |
| Pacifica STRK | +0.0100% | 1h | 0.04333 | +0.065% | $43K | $69K | 5x | as long as short |
| Binance STRKUSDT | +0.0100% | 4h | 0.04332 | +0.039% | $12.4M | $44.6M | 75x | as long as short |
Coinbase International STRK-PERP-INTX
dYdX STRK-USD
Injective STRK/USDC PERP
Lighter STRK
Paradex STRK-USD-PERP
Hyperliquid STRK
Aster STRKUSDT
Pacifica STRK
Binance STRKUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit STRKUSDT | +0.0100% | 4h | 0.04328 | −0.046% | $15.2M | $20.1M | 50x | as long as short |
| OKX STRK-USDT-SWAP | +0.0100% | 4h | 0.04331 | +0.023% | $4.7M | $19.8M | 50x | as long as short |
| Gate STRK_USDT | +0.0100% | 4h | 0.04327 | −0.069% | $567K | $1.3M | 50x | as long as short |
| MEXC STRK_USDT | +0.0100% | 4h | 0.04333 | +0.069% | $12.2M | $1.9M | 100x | as long as short |
| KuCoin STRKUSDTM | +0.0100% | 4h | 0.04334 | +0.092% | $1.5M | $1.8M | 50x | as long as short |
| Bitget STRKUSDT | +0.0100% | 4h | 0.04332 | +0.053% | $3.1M | $3.7M | 75x | as long as short |
| BingX STRK-USDTlong | +0.0100% | 4h | 0.04330 | long leg | — | $9.2M | — | |
| Backpack STRK_USDC_PERP | +0.0100% | 1h | 0.04335 | +0.115% | $30K | $143K | 10x | as long as short |
| Variational Omni STRK | +0.0100% | 4h | 0.04320 | −0.237% | $429K | $1.9M | — | as long as short |
| GRVT STRK_USDT_Perp | +0.0100% | 4h | 0.04319 | −0.261% | $186K | $3.5M | 10x | as long as short |
| SunX STRK-USDT | +0.0100% | 4h | 0.04429 | +2.286% | $1K | $844K | 20x | as long as short |
| Extended STRK-USD | +0.0104% | 1h | 0.04329 | −0.016% | $121K | $659K | 10x | as long as short |
| BloFin STRK-USDT | +0.0340% | 4h | 0.04324 | −0.139% | $764K | $788K | 75x | as long as short |
| Deribit STRK_USDC-PERPETUAL | +0.0442% | 1h | 0.04336 | +0.139% | $8K | $44K | 25x | as long as short |
Bybit STRKUSDT
OKX STRK-USDT-SWAP
Gate STRK_USDT
MEXC STRK_USDT
KuCoin STRKUSDTM
Bitget STRKUSDT
Backpack STRK_USDC_PERP
Variational Omni STRK
GRVT STRK_USDT_Perp
SunX STRK-USDT
Extended STRK-USD
BloFin STRK-USDT
Deribit STRK_USDC-PERPETUAL