Funding arb · Price arb /

STRK

all STRK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Binance against Bybit+0.068%7-day average +0.040% · you sell dearer than you buy

Net, funding: paid 7d − costs−$54as in the Funding arb table

Net, price: spread back to 7d avg − costs−$52as in the Price arb table

costs, in and out, $10k−$550.547% of the position

Long on Bybit Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.002%$0 on $10k

Price spread, last 7 days−0.045%−$4 · spread now +0.068%, 7d avg +0.040%

Together, before fees−0.043%−$4 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.028% dearer against Bybit than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.040%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit STRKUSDT	0.04404	0.0100	pay 0.0050% / 4h	2h 57m	$15.5M	$21.4M	50x
Short	Binance STRKUSDT	0.04407	0.0100	get 0.0050% / 4h	2h 57m	$12.7M	$51.7M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Bybit. 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 BybitbpFee BinancebpOrdersPrice spread, now +0.068%Rate

Funding earned: $0
Price spread: +0.068% → +0.040%: $2.79
Slippage, 4 orders: −$33.71
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Binance: 5 bp × 2 orders: −$10
Net: −$51.91
Costs to cover: 0.547%
Break-even: never at this rate

Slippage from Bybit: live order book, 1 min ago; Binance: live order book, 14 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 Bybit live order book, 1 min ago	1.13 bp	14.5 bp −$14	43.2 bp −$432	doesn't fit	doesn't fit
Sell Binance live order book, 14 min ago	1.13 bp	13.8 bp −$14	37.7 bp −$377	407.1 bp −$40.7K	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	−0.0352%	1h	0.04387	−0.386%	$63K	$90K	25x	as long as short
dYdX STRK-USD	0.0000%	1h	0.04412	+0.170%	$21K	$24K	5x	as long as short
Injective STRK/USDC PERP	+0.0033%	1h	0.05070	+15.123%	$3K	$38K	5.5x	as long as short
Paradex STRK-USD-PERP	+0.0100%	8h	0.04406	+0.037%	$8K	$144	20x	as long as short
Hyperliquid STRK	+0.0100%	1h	0.04412	+0.182%	$15.2M	$7.7M	5x	as long as short
Aster STRKUSDT	+0.0100%	4h	0.04413	+0.197%	$35K	$382K	10x	as long as short
Pacifica STRK	+0.0100%	1h	0.04411	+0.166%	$42K	$49K	5x	as long as short
Binance STRKUSDTshort	+0.0100%	4h	0.04407	+0.068%	$12.7M	$51.7M	75x
Bybit STRKUSDTlong	+0.0100%	4h	0.04404	long leg	$15.5M	$21.4M	50x
OKX STRK-USDT-SWAP	+0.0100%	4h	0.04403	−0.023%	$4.9M	$24.6M	50x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate STRK_USDT	+0.0100%	4h	0.04410	+0.136%	$593K	$1.4M	50x	as long as short
MEXC STRK_USDT	+0.0100%	4h	0.04408	+0.091%	$11.7M	$2.1M	100x	as long as short
KuCoin STRKUSDTM	+0.0100%	4h	0.04406	+0.045%	$1.5M	$2.0M	50x	as long as short
Bitget STRKUSDT	+0.0100%	4h	0.04408	+0.095%	$3.1M	$4.2M	75x	as long as short
BingX STRK-USDC	+0.0100%	4h	0.04410	+0.136%	—	$723K	—	as long as short
Backpack STRK_USDC_PERP	+0.0100%	1h	0.04409	+0.114%	$26K	$158K	10x	as long as short
Variational Omni STRK	+0.0100%	4h	0.04412	+0.172%	$260K	$1.6M	—	as long as short
GRVT STRK_USDT_Perp	+0.0100%	4h	0.04427	+0.522%	$192K	$3.5M	10x	as long as short
SunX STRK-USDT	+0.0100%	4h	0.04517	+2.566%	$2K	$818K	20x	as long as short
Extended STRK-USD	+0.0104%	1h	0.04407	+0.079%	$122K	$637K	10x	as long as short
BloFin STRK-USDT	+0.0115%	4h	0.04416	+0.272%	$781K	$733K	75x	as long as short
Lighter STRK	+0.0144%	1h	0.04420	+0.363%	$273K	$541K	5x	as long as short
Kraken Futures PF_STRKUSD	+0.0337%	1h	0.04420	+0.352%	$470K	$514K	20x	as long as short
Deribit STRK_USDC-PERPETUAL	+0.0430%	1h	0.04417	+0.295%	$8K	$34K	25x	as long as short