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: Bitget against Bybit+0.032%7-day average +0.072% · you sell dearer than you buy

Net, funding: paid 7d − costs−$65as in the Funding arb table

Net, price: spread back to 7d avg − costs−$70as in the Price arb table

costs, in and out, $10k−$660.664% of the position

Long on Bybit Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.011%+$1 on $10k

Price spread, last 7 days+0.195%+$19 · spread now +0.032%, 7d avg +0.072%

Together, before fees+0.206%+$21 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: Bitget is 0.040% cheaper against Bybit than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.072%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit STRKUSDT	0.04364	0.0100	pay 0.0050% / 4h	11m 21s	$15.3M	$21.5M	50x
Short	Bitget STRKUSDT	0.04365	0.0100	get 0.0050% / 4h	11m 21s	$3.1M	$4.0M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now +0.032%Rate

Funding earned: $0
Price spread: +0.032% → +0.072%: −$4.01
Slippage, 4 orders: −$43.39
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$70.4
Costs to cover: 0.664%
Break-even: never at this rate

Slippage from Bybit: live order book, 2 min ago; Bitget: live order book, 2 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, 2 min ago	1.14 bp	14.3 bp −$14	47.1 bp −$471	doesn't fit	doesn't fit
Sell Bitget live order book, 2 min ago	3.54 bp	19.7 bp −$20	37.7 bp −$377	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	−0.0584%	1h	0.04370	+0.137%	$62K	$95K	25x	as long as short
dYdX STRK-USD	0.0000%	1h	0.04383	+0.440%	$20K	$24K	5x	as long as short
Injective STRK/USDC PERP	+0.0033%	1h	0.05070	+16.178%	$3K	$38K	5.5x	as long as short
Paradex STRK-USD-PERP	+0.0100%	8h	0.04379	+0.344%	$8K	$144	20x	as long as short
Hyperliquid STRK	+0.0100%	1h	0.04373	+0.206%	$14.9M	$7.5M	5x	as long as short
Aster STRKUSDT	+0.0100%	4h	0.04371	+0.166%	$34K	$350K	10x	as long as short
Pacifica STRK	+0.0100%	1h	0.04383	+0.435%	$44K	$69K	5x	as long as short
Binance STRKUSDT	+0.0100%	4h	0.04367	+0.061%	$12.5M	$49.5M	75x	as long as short
Bybit STRKUSDTlong	+0.0100%	4h	0.04364	long leg	$15.3M	$21.5M	50x
OKX STRK-USDT-SWAP	+0.0100%	4h	0.04363	−0.023%	$4.8M	$23.0M	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	0.04367	+0.069%	$584K	$1.4M	50x	as long as short
MEXC STRK_USDT	+0.0100%	4h	0.04371	+0.160%	$12.2M	$2.1M	100x	as long as short
KuCoin STRKUSDTM	+0.0100%	4h	0.04368	+0.092%	$1.5M	$1.9M	50x	as long as short
Bitget STRKUSDTshort	+0.0100%	4h	0.04365	+0.032%	$3.1M	$4.0M	75x
BingX STRK-USDC	+0.0100%	4h	0.04367	+0.069%	—	$722K	—	as long as short
Backpack STRK_USDC_PERP	+0.0100%	1h	0.04382	+0.412%	$25K	$148K	10x	as long as short
Variational Omni STRK	+0.0100%	4h	0.04363	−0.026%	$352K	$2.0M	—	as long as short
GRVT STRK_USDT_Perp	+0.0100%	4h	0.04377	+0.305%	$188K	$3.6M	10x	as long as short
SunX STRK-USDT	+0.0100%	4h	0.04469	+2.406%	$1K	$834K	20x	as long as short
Extended STRK-USD	+0.0104%	1h	0.04363	−0.019%	$121K	$625K	10x	as long as short
BloFin STRK-USDT	+0.0135%	4h	0.04377	+0.298%	$751K	$729K	75x	as long as short
Kraken Futures PF_STRKUSD	+0.0506%	1h	0.04368	+0.092%	$467K	$515K	20x	as long as short
Deribit STRK_USDC-PERPETUAL	+0.0666%	1h	0.04373	+0.206%	$8K	$44K	25x	as long as short
Lighter STRK	+0.0712%	1h	0.04393	+0.665%	$271K	$507K	5x	as long as short