Funding arb · Price arb /

STRK

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: MEXC against BingX+0.045%7-day average +0.002% · you sell dearer than you buy

Net, funding: paid 7d − costs−$52as in the Funding arb table

Net, price: spread back to 7d avg − costs−$47as in the Price arb table

costs, in and out, $10k−$520.515% of the position

Long on BingX Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.010%−$1 on $10k

Price spread, last 4 days (all we have)−0.017%−$2 · spread now +0.045%, 7d avg +0.002%

Together, before fees−0.026%−$3 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: MEXC is 0.044% dearer against BingX than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.002%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX STRK-USDC	0.04396	0.0100	pay 0.0050% / 4h	2h 45m	—	$726K	—
Short	MEXC STRK_USDT	0.04398	0.0100	get 0.0050% / 4h	2h 45m	$11.6M	$2.2M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.045%Rate

Funding earned: $0
Price spread: +0.045% → +0.002%: $4.36
Slippage, 4 orders: −$37.55
Fee BingX: 5 bp × 2 orders: −$10
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$47.18
Costs to cover: 0.515%
Break-even: never at this rate

Slippage from BingX: live order book, 14 min ago; MEXC: live order book, 3 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, 14 min ago	2.27 bp	19.5 bp −$19	37.5 bp −$375	230.6 bp −$23.1K	642.6 bp −$321.3K
Sell MEXC live order book, 3 min ago	1.14 bp	9.0 bp −$9	21.0 bp −$210	87.2 bp −$8,719	198.8 bp −$99.4K

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	−0.0352%	1h	0.04374	−0.500%	$63K	$90K	25x	as long as short
dYdX STRK-USD	0.0000%	1h	0.04401	+0.114%	$21K	$24K	5x	as long as short
Injective STRK/USDC PERP	+0.0033%	1h	0.05070	+15.332%	$3K	$38K	5.5x	as long as short
Paradex STRK-USD-PERP	+0.0100%	8h	0.04400	+0.081%	$8K	$144	20x	as long as short
Hyperliquid STRK	+0.0100%	1h	0.04400	+0.091%	$15.1M	$7.3M	5x	as long as short
Aster STRKUSDT	+0.0100%	4h	0.04402	+0.135%	$35K	$374K	10x	as long as short
Pacifica STRK	+0.0100%	1h	0.04400	+0.091%	$42K	$49K	5x	as long as short
Binance STRKUSDT	+0.0100%	4h	0.04398	+0.041%	$12.7M	$50.5M	75x	as long as short
Bybit STRKUSDT	+0.0100%	4h	0.04393	−0.068%	$15.4M	$21.1M	50x	as long as short
OKX STRK-USDT-SWAP	+0.0100%	4h	0.04394	−0.045%	$4.9M	$23.8M	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	0.04398	+0.045%	$591K	$1.4M	50x	as long as short
MEXC STRK_USDTshort	+0.0100%	4h	0.04398	+0.045%	$11.6M	$2.2M	100x
KuCoin STRKUSDTM	+0.0100%	4h	0.04398	+0.045%	$1.5M	$1.9M	50x	as long as short
Bitget STRKUSDT	+0.0100%	4h	0.04397	+0.027%	$3.1M	$4.1M	75x	as long as short
BingX STRK-USDClong	+0.0100%	4h	0.04396	long leg	—	$726K	—
Backpack STRK_USDC_PERP	+0.0100%	1h	0.04396	0.000%	$25K	$152K	10x	as long as short
Variational Omni STRK	+0.0100%	4h	0.04391	−0.125%	$264K	$1.6M	—	as long as short
GRVT STRK_USDT_Perp	+0.0100%	4h	0.04396	+0.008%	$189K	$3.5M	10x	as long as short
SunX STRK-USDT	+0.0100%	4h	0.04502	+2.411%	$1K	$810K	20x	as long as short
Extended STRK-USD	+0.0104%	1h	0.04395	−0.021%	$122K	$626K	10x	as long as short
BloFin STRK-USDT	+0.0148%	4h	0.04402	+0.136%	$779K	$722K	75x	as long as short
Lighter STRK	+0.0176%	1h	0.04409	+0.296%	$272K	$541K	5x	as long as short
Deribit STRK_USDC-PERPETUAL	+0.0204%	1h	0.04404	+0.182%	$8K	$24K	25x	as long as short
Kraken Futures PF_STRKUSD	+0.0338%	1h	0.04406	+0.234%	$469K	$495K	20x	as long as short