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

STRK

all STRK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0244%/8h= +26.7% APRpaid last 24h +0.095%
Price spread now: Lighter against Bitget+0.433%7-day average +0.089% · you sell dearer than you buy
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$960.963% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.389%+$39 on $10k
Price spread, last 4 days (all we have)−0.349%−$35 · spread now +0.433%, 7d avg +0.089%
Together, before fees+0.041%+ Points / potential airdropLighter: Season 3 · farm board+$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Lighter is 0.344% dearer against Bitget than usual: you sell high and buy low: +$34 more if the spread goes back to its 7-day average of +0.089%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget STRKUSDT0.042930.0100pay 0.0050% / 4h2h 55m$3.0M$4.0M75x
ShortLighter STRK0.043120.0344get 0.0043% / 1h55m 03s$262K$503K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter 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
$51.24
Price spread: +0.433% → +0.089%
$34.38
Slippage, 4 orders
−$84.27
Fee Bitget: 6 bp × 2 orders
−$12
Fee Lighter: 0 bp × 2 orders
$0
Net
−$10.65
Costs to cover
0.963%
Break-even
8.5 days
Slippage from Bitget: live order book, 3 min ago; Lighter: live order book, 5 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, 3 min ago4.51 bp14.7 bp −$1535.2 bp −$352doesn't fitdoesn't fit
Sell Lighter live order book, 5 min ago18.48 bp23.2 bp −$2388.0 bp −$880doesn'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−0.0560%1h0.04294+0.014%$60K$92K25xas long as short
Kraken Futures PF_STRKUSD−0.0307%1h0.04304+0.236%$456K$529K20xas long as short
dYdX STRK-USD0.0000%1h0.04305+0.265%$20K$24K5xas long as short
Injective STRK/USDC PERP+0.0033%1h0.05070+18.088%$3K$38K5.5xas long as short
Paradex STRK-USD-PERP+0.0100%8h0.04306+0.293%$8K$14420xas long as short
Hyperliquid STRK+0.0100%1h0.04307+0.317%$14.6M$7.3M5xas long as short
Aster STRKUSDT+0.0100%4h0.04303+0.223%$33K$328K10xas long as short
Pacifica STRK+0.0100%1h0.04307+0.317%$43K$69K5xas long as short
Binance STRKUSDT+0.0100%4h0.04295+0.039%$12.2M$48.7M75xas long as short
Bybit STRKUSDT+0.0100%4h0.04292−0.033%$15.0M$21.5M50xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX STRK-USDT-SWAP+0.0100%4h0.04294+0.014%$4.7M$22.2M50xas long as short
Gate STRK_USDT+0.0100%4h0.04300+0.154%$576K$1.3M50xas long as short
MEXC STRK_USDT+0.0100%4h0.04300+0.154%$12.2M$2.2M100xas long as short
KuCoin STRKUSDTM+0.0100%4h0.04304+0.247%$1.5M$1.9M50xas long as short
Bitget STRKUSDTlong+0.0100%4h0.04293long leg$3.0M$4.0M75x
BingX STRK-USDC+0.0100%4h0.04300+0.154%$727Kas long as short
Backpack STRK_USDC_PERP+0.0100%1h0.04301+0.177%$23K$148K10xas long as short
Variational Omni STRK+0.0100%4h0.04301+0.173%$349K$2.0Mas long as short
GRVT STRK_USDT_Perp+0.0100%4h0.04309+0.364%$192K$3.6M10xas long as short
SunX STRK-USDT+0.0100%4h0.04403+2.553%$2K$847K20xas long as short
Extended STRK-USD+0.0104%1h0.04299+0.137%$119K$663K10xas long as short
BloFin STRK-USDT+0.0340%4h0.04306+0.293%$743K$820K75xas long as short
Lighter STRKshort+0.0344%1h0.04312+0.433%$262K$503K5x
Deribit STRK_USDC-PERPETUAL+0.0680%1h0.04306+0.293%$8K$44K25xas long as short