Settings8H · net · $10k
Funding arb · Price arb /

STRK

all STRK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.033%
Price spread now: Backpack against Bitget+0.002%7-day average +0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$8as in the Funding arb table
Net, price: spread back to 7d avg − costs−$77as in the Price arb table
costs, in and out, $10k−$760.760% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.681%+$68 on $10k
Price spread, last 4 days (all we have)−0.002%$0 · spread now +0.002%, 7d avg +0.008%
Together, before fees+0.679%+$68 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget STRKUSDT0.044130.0100pay 0.0050% / 4h2h 18m$3.1M$4.1M75x
ShortBackpack STRK_USDC_PERP0.044130.0100get 0.0013% / 1h18m 55s$25K$152K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Backpack against Bitget. 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

Funding earned
$0
Price spread: +0.002% → +0.008%
−$0.58
Slippage, 4 orders
−$54.04
Fee Bitget: 6 bp × 2 orders
−$12
Fee Backpack: 5 bp × 2 orders
−$10
Net
−$76.62
Costs to cover
0.760%
Break-even
never at this rate
Slippage from Bitget: live order book, 4 min ago; Backpack: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 4 min ago2.82 bp20.1 bp −$2042.6 bp −$426doesn't fitdoesn't fit
Sell Backpack live order book, 4 min ago5.65 bp17.3 bp −$17doesn't fitdoesn't fitdoesn't fit

STRK on 24 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International STRK-PERP-INTX−0.0352%1h0.04405−0.179%$63K$91K25xas long as short
dYdX STRK-USD0.0000%1h0.04414+0.021%$21K$24K5xas long as short
Injective STRK/USDC PERP+0.0033%1h0.05070+14.890%$3K$38K5.5xas long as short
Paradex STRK-USD-PERP+0.0100%8h0.04411−0.033%$8K$14420xas long as short
Hyperliquid STRK+0.0100%1h0.04416+0.070%$15.2M$7.2M5xas long as short
Aster STRKUSDT+0.0100%4h0.04412−0.010%$35K$374K10xas long as short
Pacifica STRK+0.0100%1h0.04414+0.032%$44K$69K5xas long as short
Binance STRKUSDT+0.0100%4h0.04411−0.040%$12.7M$50.2M75xas long as short
Bybit STRKUSDT+0.0100%4h0.04409−0.088%$15.6M$21.1M50xas long as short
OKX STRK-USDT-SWAP+0.0100%4h0.04412−0.020%$4.9M$23.8M50xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate STRK_USDT+0.0100%4h0.04410−0.066%$592K$1.5M50xas long as short
MEXC STRK_USDT+0.0100%4h0.04413+0.002%$11.6M$2.2M100xas long as short
KuCoin STRKUSDTM+0.0100%4h0.04413+0.002%$1.5M$1.9M50xas long as short
Bitget STRKUSDTlong+0.0100%4h0.04413long leg$3.1M$4.1M75x
BingX STRK-USDC+0.0100%4h0.04410−0.066%$725Kas long as short
Backpack STRK_USDC_PERPshort+0.0100%1h0.04413+0.002%$25K$152K10x
Variational Omni STRK+0.0100%4h0.04416+0.065%$359K$1.7Mas long as short
GRVT STRK_USDT_Perp+0.0100%4h0.04429+0.359%$191K$3.5M10xas long as short
SunX STRK-USDT+0.0100%4h0.04517+2.359%$2K$816K20xas long as short
BloFin STRK-USDT+0.0102%4h0.04416+0.070%$784K$729K75xas long as short
Extended STRK-USD+0.0104%1h0.04410−0.064%$122K$626K10xas long as short
Deribit STRK_USDC-PERPETUAL+0.0203%1h0.04416+0.070%$8K$24K25xas long as short
Lighter STRK+0.0248%1h0.04423+0.229%$273K$541K5xas long as short
Kraken Futures PF_STRKUSD+0.0336%1h0.04425+0.272%$471K$491K20xas long as short