Funding arb · Price arb /

STRK

all STRK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0340%/8h= −37.2% APRpaid last 24h +0.130%

Price spread now: dYdX against BloFin−0.191%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on BloFin Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)—no history yet

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

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and dYdX is 0.191% cheaper against BloFin than usual: you would sell low and buy high (−$19 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin STRK-USDT	0.04329	0.0340	pay 0.0170% / 4h	3h 31m	$738K	$778K	75x
Short	dYdX STRK-USD	0.04321	0	get 0.0000% / 1h	31m 01s	$20K	$24K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against BloFin. 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 BloFinbpFee dYdXbpOrdersPrice spread, now −0.191%Rate

Funding earned: −$71.4
Price spread: −0.191% → 0.000%: −$19.12
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$112.52
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: BloFin: live order book, 66 min ago; dYdX: no order-book sample. Net counts fees only.

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, 66 min ago	6.98 bp	16.0 bp −$16	37.8 bp −$378	doesn't fit	doesn't fit
Sell dYdX no order-book sample	—	—	—	—	—

dYdX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.924%	$75K	$98K	25x	as long as short
dYdX STRK-USDshort	0.0000%	1h	0.04321	−0.191%	$20K	$24K	5x
Injective STRK/USDC PERP	+0.0033%	1h	0.05070	+17.117%	$3K	$38K	5.5x	as long as short
Kraken Futures PF_STRKUSD	+0.0059%	1h	0.04330	+0.030%	$456K	$569K	20x	as long as short
Lighter STRK	+0.0096%	1h	0.04337	+0.185%	$265K	$464K	5x	as long as short
Paradex STRK-USD-PERP	+0.0100%	8h	0.04314	−0.343%	$8K	$144	20x	as long as short
Hyperliquid STRK	+0.0100%	1h	0.04332	+0.069%	$14.5M	$6.3M	5x	as long as short
Aster STRKUSDT	+0.0100%	4h	0.04327	−0.050%	$33K	$229K	10x	as long as short
Pacifica STRK	+0.0100%	1h	0.04321	−0.192%	$43K	$69K	5x	as long as short
Binance STRKUSDT	+0.0100%	4h	0.04328	−0.020%	$12.4M	$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 STRKUSDT	+0.0100%	4h	0.04324	−0.116%	$15.2M	$20.1M	50x	as long as short
OKX STRK-USDT-SWAP	+0.0100%	4h	0.04327	−0.046%	$4.7M	$19.7M	50x	as long as short
Gate STRK_USDT	+0.0100%	4h	0.04327	−0.046%	$571K	$1.4M	50x	as long as short
MEXC STRK_USDT	+0.0100%	4h	0.04327	−0.046%	$12.1M	$2.0M	100x	as long as short
KuCoin STRKUSDTM	+0.0100%	4h	0.04327	−0.046%	$1.5M	$1.8M	50x	as long as short
Bitget STRKUSDT	+0.0100%	4h	0.04328	−0.025%	$3.1M	$3.7M	75x	as long as short
BingX STRK-USDT	+0.0100%	4h	0.04328	−0.023%	—	$9.2M	—	as long as short
Backpack STRK_USDC_PERP	+0.0100%	1h	0.04329	0.000%	$30K	$144K	10x	as long as short
Variational Omni STRK	+0.0100%	4h	0.04325	−0.098%	$429K	$1.9M	—	as long as short
GRVT STRK_USDT_Perp	+0.0100%	4h	0.04311	−0.416%	$190K	$3.5M	10x	as long as short
SunX STRK-USDT	+0.0100%	4h	0.04427	+2.264%	$1K	$847K	20x	as long as short
Extended STRK-USD	+0.0104%	1h	0.04325	−0.099%	$119K	$658K	10x	as long as short
BloFin STRK-USDTlong	+0.0340%	4h	0.04329	long leg	$738K	$778K	75x
Deribit STRK_USDC-PERPETUAL	+0.0443%	1h	0.04332	+0.069%	$8K	$44K	25x	as long as short