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+0.0113%/8h= +12.3% APRpaid last 24h +0.062%
Price spread now: Lighter against BloFin+0.228%60s7-day average +0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$700.702% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.306%+$31 on $10k
Price spread, last 3 days (all we have)−3.944%−$394 · spread now +0.228%, 7d avg +0.035%
Together, before fees−3.639%+ Points / potential airdropLighter: Season 3 · farm board−$364 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Lighter is 0.193% dearer against BloFin than usual: you sell high and buy low: +$19 more if the spread goes back to its 7-day average of +0.035%. The two prices were read 60 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin STRK-USDT0.043860.0151pay 0.0076% / 4h2h 01m$770K$725K75x
ShortLighter STRK0.043960.0264get 0.0033% / 1h1m 59s$271K$542K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter 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

Funding earned
$23.63
Price spread: +0.228% → +0.035%
$19.26
Slippage, 4 orders
−$58.21
Fee BloFin: 6 bp × 2 orders
−$12
Fee Lighter: 0 bp × 2 orders
$0
Net
−$27.32
Costs to cover
0.702%
Break-even
15.1 days
Slippage from BloFin: live order book, 20 min ago; Lighter: live order book, 13 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 BloFin live order book, 20 min ago2.26 bp15.4 bp −$1539.5 bp −$395doesn't fitdoesn't fit
Sell Lighter live order book, 13 min ago9.06 bp25.1 bp −$2570.0 bp −$700doesn'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%1h0.04374−0.274%$62K$94K25xas long as short
dYdX STRK-USD0.0000%1h0.04389+0.063%$20K$24K5xas long as short
Injective STRK/USDC PERP+0.0033%1h0.05070+15.595%$3K$38K5.5xas long as short
Paradex STRK-USD-PERP+0.0100%8h0.04385−0.030%$8K$14420xas long as short
Hyperliquid STRK+0.0100%1h0.04410+0.547%$15.2M$7.3M5xas long as short
Aster STRKUSDT+0.0100%4h0.04404+0.412%$34K$363K10xas long as short
Pacifica STRK+0.0100%1h0.04387+0.025%$44K$69K5xas long as short
Binance STRKUSDT+0.0100%4h0.04409+0.514%$12.7M$50.2M75xas long as short
Bybit STRKUSDT+0.0100%4h0.04408+0.502%$15.6M$21.4M50xas long as short
OKX STRK-USDT-SWAP+0.0100%4h0.04408+0.502%$4.9M$23.7M50xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate STRK_USDT+0.0100%4h0.04406+0.456%$590K$1.5M50xas long as short
MEXC STRK_USDT+0.0100%4h0.04406+0.456%$12.3M$2.3M100xas long as short
KuCoin STRKUSDTM+0.0100%4h0.04403+0.388%$1.5M$1.9M50xas long as short
Bitget STRKUSDT+0.0100%4h0.04407+0.488%$3.1M$4.1M75xas long as short
BingX STRK-USDC+0.0100%4h0.04406+0.456%$723Kas long as short
Backpack STRK_USDC_PERP+0.0100%1h0.04403+0.388%$25K$152K10xas long as short
Variational Omni STRK+0.0100%4h0.04386−0.004%$258K$1.8Mas long as short
GRVT STRK_USDT_Perp+0.0100%4h0.04388+0.045%$190K$3.5M10xas long as short
SunX STRK-USDT+0.0100%4h0.04489+2.348%$2K$820K20xas long as short
Extended STRK-USD+0.0104%1h0.04408+0.492%$122K$626K10xas long as short
BloFin STRK-USDTlong+0.0151%4h0.04386long leg$770K$725K75x
Deribit STRK_USDC-PERPETUAL+0.0206%1h0.04390+0.091%$8K$24K25xas long as short
Lighter STRKshort+0.0264%1h0.04396+0.228%$271K$542K5x
Kraken Futures PF_STRKUSD+0.0338%1h0.04396+0.237%$468K$490K20xas long as short