Funding you earn now, next payment 08:00 UTC−0.0240%/8h= −26.3% APRnext payment −$1.20 per $10,000 · paid last 24h −0.036%
Price spread now: Bybit against BloFin−0.023%62s7-day average −0.158% · you buy dearer than you sell
Net, funding: paid 7d − costs−$74as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$670.668% of the position
Funding, last 7 days−0.072%−$7 on $10k
+Price spread, last 4 days (all we have)−2.614%−$261 · spread now −0.023%, 7d avg −0.158%
=The price spread pays, funding is against you. Bybit is 0.135% dearer against BloFin than usual: you sell high and buy low (spread −0.023% now, against its 7-day average of −0.158%): +$13 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 45 hours. At the pace of the last 7 days (−0.072% in total) that is about 13 days. The two prices were read 62 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.072% in total (about -3.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.20 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin STRK-USDT | 0.04313 | 0.0340 | pay 0.0170% / 4h | 3h 32m | $735K | $775K | 75x |
| Short | Bybit STRKUSDT | 0.04312 | 0.0100 | get 0.0050% / 4h | 3h 32m | $15.2M | $20.1M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against BloFin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$50.4
- Price spread: −0.023% → −0.158%
- $13.45
- Slippage, 4 orders
- −$43.77
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$103.72
- Costs to cover
- 0.668%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 64 min ago; Bybit: live order book, 1 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 BloFin live order book, 64 min ago | 6.98 bp | 16.0 bp −$16 | 37.8 bp −$378 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 1.16 bp | 17.5 bp −$18 | 50.3 bp −$503 | 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-INTX | −0.1032% | 1h | 0.04289 | −0.556% | $75K | $98K | 25x | as long as short |
| dYdX STRK-USD | 0.0000% | 1h | 0.04314 | +0.017% | $20K | $24K | 5x | as long as short |
| Injective STRK/USDC PERP | +0.0033% | 1h | 0.05070 | +17.552% | $3K | $38K | 5.5x | as long as short |
| Kraken Futures PF_STRKUSD | +0.0059% | 1h | 0.04315 | +0.042% | $454K | $569K | 20x | as long as short |
| Lighter STRK | +0.0096% | 1h | 0.04322 | +0.209% | $264K | $464K | 5x | as long as short |
| Paradex STRK-USD-PERP | +0.0100% | 8h | 0.04309 | −0.085% | $8K | $144 | 20x | as long as short |
| Hyperliquid STRK | +0.0100% | 1h | 0.04316 | +0.070% | $14.5M | $6.3M | 5x | as long as short |
| Aster STRKUSDT | +0.0100% | 4h | 0.04313 | −0.007% | $33K | $229K | 10x | as long as short |
| Pacifica STRK | +0.0100% | 1h | 0.04311 | −0.042% | $43K | $69K | 5x | as long as short |
| Binance STRKUSDT | +0.0100% | 4h | 0.04315 | +0.046% | $12.3M | $44.7M | 75x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit STRKUSDTshort | +0.0100% | 4h | 0.04312 | −0.023% | $15.2M | $20.1M | 50x | |
| OKX STRK-USDT-SWAP | +0.0100% | 4h | 0.04313 | 0.000% | $4.7M | $19.6M | 50x | as long as short |
| Gate STRK_USDT | +0.0100% | 4h | 0.04314 | +0.023% | $569K | $1.4M | 50x | as long as short |
| MEXC STRK_USDT | +0.0100% | 4h | 0.04314 | +0.023% | $12.1M | $2.0M | 100x | as long as short |
| KuCoin STRKUSDTM | +0.0100% | 4h | 0.04312 | −0.023% | $1.5M | $1.8M | 50x | as long as short |
| Bitget STRKUSDT | +0.0100% | 4h | 0.04313 | +0.005% | $3.0M | $3.7M | 75x | as long as short |
| BingX STRK-USDT | +0.0100% | 4h | 0.04312 | −0.023% | — | $9.2M | — | as long as short |
| Backpack STRK_USDC_PERP | +0.0100% | 1h | 0.04312 | −0.023% | $30K | $144K | 10x | as long as short |
| Variational Omni STRK | +0.0100% | 4h | 0.04298 | −0.354% | $427K | $1.9M | — | as long as short |
| GRVT STRK_USDT_Perp | +0.0100% | 4h | 0.04308 | −0.116% | $190K | $3.5M | 10x | as long as short |
| SunX STRK-USDT | +0.0100% | 4h | 0.04411 | +2.272% | $1K | $847K | 20x | as long as short |
| Extended STRK-USD | +0.0104% | 1h | 0.04312 | −0.023% | $119K | $658K | 10x | as long as short |
| Deribit STRK_USDC-PERPETUAL | +0.0214% | 1h | 0.04317 | +0.093% | $8K | $44K | 25x | as long as short |
| BloFin STRK-USDTlong | +0.0340% | 4h | 0.04313 | long leg | $735K | $775K | 75x |
BloFin STRK-USDT
Bybit STRKUSDT
Coinbase International STRK-PERP-INTX
Injective STRK/USDC PERP
Kraken Futures PF_STRKUSD
Lighter STRK
Paradex STRK-USD-PERP
Hyperliquid STRK
Aster STRKUSDT
Pacifica STRK
Binance STRKUSDT
OKX STRK-USDT-SWAP
Gate STRK_USDT
MEXC STRK_USDT
KuCoin STRKUSDTM
Bitget STRKUSDT
BingX STRK-USDT
Backpack STRK_USDC_PERP
Variational Omni STRK
GRVT STRK_USDT_Perp
SunX STRK-USDT
Extended STRK-USD
Deribit STRK_USDC-PERPETUAL