Funding arb · Price arb /

STRK

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: BingX against Bitget+0.045%7-day average +0.008% · you sell dearer than you buy

Net, funding: paid 7d − costs−$70as in the Funding arb table

Net, price: spread back to 7d avg − costs−$66as in the Price arb table

costs, in and out, $10k−$700.699% of the position

Long on Bitget Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 4 days (all we have)+0.039%+$4 · spread now +0.045%, 7d avg +0.008%

Together, before fees+0.039%+$4 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: BingX is 0.036% dearer against Bitget than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.008%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget STRKUSDT	0.04267	0.0100	pay 0.0050% / 4h	2h 00m	$3.0M	$3.9M	75x
Short	BingX STRK-USDC	0.04269	0.0100	get 0.0050% / 4h	2h 00m	—	$729K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX 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

Position, each leg$Hold fordaysFee BitgetbpFee BingXbpOrdersPrice spread, now +0.045%Rate

Funding earned: $0
Price spread: +0.045% → +0.008%: $3.63
Slippage, 4 orders: −$47.87
Fee Bitget: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: −$66.25
Costs to cover: 0.699%
Break-even: never at this rate

Slippage from Bitget: live order book, 2 min ago; BingX: live order book, 13 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 Bitget live order book, 2 min ago	2.57 bp	12.2 bp −$12	32.3 bp −$323	doesn't fit	doesn't fit
Sell BingX live order book, 13 min ago	2.34 bp	17.9 bp −$18	43.0 bp −$430	269.7 bp −$27.0K	702.5 bp −$351.3K

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	−0.0904%	1h	0.04263	−0.096%	$70K	$102K	25x	as long as short
Kraken Futures PF_STRKUSD	−0.0191%	1h	0.04276	+0.220%	$442K	$595K	20x	as long as short
dYdX STRK-USD	0.0000%	1h	0.04271	+0.083%	$20K	$24K	5x	as long as short
Injective STRK/USDC PERP	+0.0033%	1h	0.05070	+18.816%	$3K	$38K	5.5x	as long as short
Lighter STRK	+0.0096%	1h	0.04277	+0.232%	$255K	$443K	5x	as long as short
Paradex STRK-USD-PERP	+0.0099%	8h	0.04269	+0.037%	$8K	$144	20x	as long as short
Hyperliquid STRK	+0.0100%	1h	0.04272	+0.115%	$14.1M	$6.2M	5x	as long as short
Aster STRKUSDT	+0.0100%	4h	0.04268	+0.010%	$33K	$229K	10x	as long as short
Pacifica STRK	+0.0100%	1h	0.04270	+0.068%	$42K	$69K	5x	as long as short
Binance STRKUSDT	+0.0100%	4h	0.04267	+0.006%	$12.0M	$44.4M	75x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit STRKUSDT	+0.0100%	4h	0.04265	−0.049%	$14.9M	$20.1M	50x	as long as short
OKX STRK-USDT-SWAP	+0.0100%	4h	0.04268	+0.021%	$4.6M	$19.1M	50x	as long as short
Gate STRK_USDT	+0.0100%	4h	0.04266	−0.026%	$576K	$1.4M	50x	as long as short
MEXC STRK_USDT	+0.0100%	4h	0.04269	+0.045%	$11.4M	$2.1M	100x	as long as short
KuCoin STRKUSDTM	+0.0100%	4h	0.04273	+0.138%	$1.5M	$1.8M	50x	as long as short
Bitget STRKUSDTlong	+0.0100%	4h	0.04267	long leg	$3.0M	$3.9M	75x
BingX STRK-USDCshort	+0.0100%	4h	0.04269	+0.045%	—	$729K	—
Backpack STRK_USDC_PERP	+0.0100%	1h	0.04272	+0.115%	$27K	$145K	10x	as long as short
Variational Omni STRK	+0.0100%	4h	0.04269	+0.038%	$415K	$1.9M	—	as long as short
GRVT STRK_USDT_Perp	+0.0100%	4h	0.04278	+0.255%	$182K	$3.5M	10x	as long as short
SunX STRK-USDT	+0.0100%	4h	0.04374	+2.505%	$2K	$869K	20x	as long as short
Extended STRK-USD	+0.0104%	1h	0.04267	+0.002%	$120K	$472K	10x	as long as short
Deribit STRK_USDC-PERPETUAL	+0.0218%	1h	0.04276	+0.209%	$8K	$43K	25x	as long as short
BloFin STRK-USDT	+0.0340%	4h	0.04270	+0.068%	$681K	$763K	75x	as long as short