Funding arb · Price arb /

STRK

all STRK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.1052%/8h= −115.2% APRpaid last 24h −0.332%

Price spread now: Coinbase International against Bitget+0.005%7-day average — · you sell dearer than you buy

Net, funding: paid 7d − costs−$190as in the Funding arb table

Net, price: spread back to 7d avg − costs−$80as in the Price arb table

costs, in and out, $10k−$800.805% of the position

Long on Bitget Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days−1.097%−$110 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$32 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget STRKUSDT	0.04363	0.0100	pay 0.0050% / 4h	1h 18m	$3.1M	$3.8M	75x
Short	Coinbase International STRK-PERP-INTX	0.04363	−0.0952	pay 0.0119% / 1h	18m 54s	$76K	$100K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International 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 Coinbase InternationalbpOrdersPrice spread, now +0.005%Rate

Funding earned: −$220.92
Price spread: +0.005% → 0.000%: $0.46
Slippage, 4 orders: −$58.47
Fee Bitget: 6 bp × 2 orders: −$12
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$300.93
Costs to cover: 0.805%
Break-even: never at this rate

Slippage from Bitget: live order book, 4 min ago; Coinbase International: live order book, 4 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, 4 min ago	2.89 bp	21.1 bp −$21	36.6 bp −$366	doesn't fit	doesn't fit
Sell Coinbase International live order book, 4 min ago	8.09 bp	23.3 bp −$23	162.8 bp −$1,628	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-INTXshort	−0.0952%	1h	0.04363	+0.005%	$76K	$100K	25x
Kraken Futures PF_STRKUSD	−0.0365%	1h	0.04370	+0.165%	$460K	$532K	20x	as long as short
dYdX STRK-USD	0.0000%	1h	0.04359	−0.096%	$20K	$24K	5x	as long as short
Injective STRK/USDC PERP	+0.0033%	1h	0.05070	+16.210%	$3K	$38K	5.5x	as long as short
Lighter STRK	+0.0096%	1h	0.04377	+0.325%	$267K	$505K	5x	as long as short
Paradex STRK-USD-PERP	+0.0100%	8h	0.04360	−0.064%	$8K	$144	20x	as long as short
Hyperliquid STRK	+0.0100%	1h	0.04365	+0.050%	$14.7M	$6.9M	5x	as long as short
Aster STRKUSDT	+0.0100%	4h	0.04364	+0.031%	$33K	$328K	10x	as long as short
Pacifica STRK	+0.0100%	1h	0.04360	−0.064%	$43K	$69K	5x	as long as short
Binance STRKUSDT	+0.0100%	4h	0.04362	−0.018%	$12.5M	$45.9M	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	0.04359	−0.087%	$15.3M	$20.6M	50x	as long as short
OKX STRK-USDT-SWAP	+0.0100%	4h	0.04362	−0.018%	$4.7M	$20.9M	50x	as long as short
Gate STRK_USDT	+0.0100%	4h	0.04360	−0.064%	$588K	$1.3M	50x	as long as short
MEXC STRK_USDT	+0.0100%	4h	0.04363	+0.005%	$12.3M	$2.0M	100x	as long as short
KuCoin STRKUSDTM	+0.0100%	4h	0.04364	+0.028%	$1.5M	$1.8M	50x	as long as short
Bitget STRKUSDTlong	+0.0100%	4h	0.04363	long leg	$3.1M	$3.8M	75x
BingX STRK-USDC	+0.0100%	4h	0.04362	−0.018%	—	$729K	—	as long as short
Backpack STRK_USDC_PERP	+0.0100%	1h	0.04363	+0.005%	$25K	$137K	10x	as long as short
Variational Omni STRK	+0.0100%	4h	0.04341	−0.495%	$420K	$2.1M	—	as long as short
GRVT STRK_USDT_Perp	+0.0100%	4h	0.04325	−0.867%	$188K	$3.5M	10x	as long as short
SunX STRK-USDT	+0.0100%	4h	0.04470	+2.457%	$2K	$834K	20x	as long as short
Extended STRK-USD	+0.0104%	1h	0.04360	−0.053%	$122K	$665K	10x	as long as short
BloFin STRK-USDT	+0.0340%	4h	0.04365	+0.050%	$761K	$848K	75x	as long as short
Deribit STRK_USDC-PERPETUAL	+0.1124%	1h	0.04374	+0.257%	$8K	$44K	25x	as long as short