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

STRK

all STRK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0236%/8h= +25.8% APRpaid last 24h +0.181%
Price spread now: Kraken Futures against Bitget+0.227%7-day average +0.224% · you sell dearer than you buy
Net, funding: paid 7d − costs+$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$100as in the Price arb table
costs, in and out, $10k−$1001.000% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+1.353%+$135 on $10k
Price spread, last 3 days (all we have)+2.134%+$213 · spread now +0.227%, 7d avg +0.224%
Together, before fees+3.487%+$349 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.224%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget STRKUSDT0.044190.0100pay 0.0050% / 4h2h 36m$3.1M$4.1M75x
ShortKraken Futures PF_STRKUSD0.044290.0336get 0.0042% / 1h36m 16s$471K$493K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
$49.53
Price spread: +0.227% → +0.224%
$0.27
Slippage, 4 orders
−$77.97
Fee Bitget: 6 bp × 2 orders
−$12
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$50.17
Costs to cover
1.000%
Break-even
14.1 days
Slippage from Bitget: live order book, 2 min ago; Kraken Futures: live order book, 51 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, 2 min ago4.64 bp16.8 bp −$1732.8 bp −$328doesn't fitdoesn't fit
Sell Kraken Futures live order book, 51 min ago21.39 bp33.9 bp −$34456.6 bp −$4,566doesn'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%1h0.04374−1.023%$63K$90K25xas long as short
dYdX STRK-USD0.0000%1h0.04421+0.049%$21K$24K5xas long as short
Injective STRK/USDC PERP+0.0033%1h0.05070+14.727%$3K$38K5.5xas long as short
Paradex STRK-USD-PERP+0.0100%8h0.04418−0.029%$8K$14420xas long as short
Hyperliquid STRK+0.0100%1h0.04419−0.005%$15.2M$7.3M5xas long as short
Aster STRKUSDT+0.0100%4h0.04420+0.021%$35K$374K10xas long as short
Pacifica STRK+0.0100%1h0.04420+0.018%$44K$69K5xas long as short
Binance STRKUSDT+0.0100%4h0.04418−0.027%$12.7M$50.3M75xas long as short
Bybit STRKUSDT+0.0100%4h0.04414−0.118%$15.5M$21.0M50xas long as short
OKX STRK-USDT-SWAP+0.0100%4h0.04413−0.140%$4.9M$23.9M50xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate STRK_USDT+0.0100%4h0.04420+0.018%$593K$1.5M50xas long as short
MEXC STRK_USDT+0.0100%4h0.04419−0.005%$11.7M$2.2M100xas long as short
KuCoin STRKUSDTM+0.0100%4h0.04417−0.050%$1.5M$1.9M50xas long as short
Bitget STRKUSDTlong+0.0100%4h0.04419long leg$3.1M$4.1M75x
BingX STRK-USDT+0.0100%4h0.04417−0.050%$30.2Mas long as short
Backpack STRK_USDC_PERP+0.0100%1h0.04424+0.109%$25K$152K10xas long as short
Variational Omni STRK+0.0100%4h0.04406−0.310%$260K$1.6Mas long as short
GRVT STRK_USDT_Perp+0.0100%4h0.04409−0.222%$190K$3.5M10xas long as short
SunX STRK-USDT+0.0100%4h0.04521+2.304%$2K$812K20xas long as short
Extended STRK-USD+0.0104%1h0.04414−0.125%$122K$626K10xas long as short
BloFin STRK-USDT+0.0141%4h0.04413−0.140%$783K$723K75xas long as short
Lighter STRK+0.0176%1h0.04428+0.199%$273K$541K5xas long as short
Deribit STRK_USDC-PERPETUAL+0.0203%1h0.04421+0.041%$8K$24K25xas long as short
Kraken Futures PF_STRKUSDshort+0.0336%1h0.04429+0.227%$471K$493K20x