Settings8H · net · $10k
Funding arb · Price arb /

STRK

all STRK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0158%/8h= +17.2% APRnext payment +$0.79 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Bybit+0.093%7-day average +0.069% · you sell dearer than you buy
Net, funding: paid 7d − costs−$104as in the Funding arb table
Net, price: spread back to 7d avg − costs−$92as in the Price arb table
costs, in and out, $10k−$950.947% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.092%−$9 on $10k
Price spread, last 7 days−0.111%−$11 · spread now +0.093%, 7d avg +0.069%
Together, before fees−0.203%−$20 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and KuCoin is 0.023% dearer against Bybit than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.069%. Mind the row above: over the last 7 days funding on this pair cost −0.092%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit STRKUSDT0.04319−0.0058get 0.0029% / 4h3h 12m$15.0M$19.3M50x
ShortKuCoin STRKUSDTM0.043230.0100get 0.0050% / 4h3h 12m$1.5M$1.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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

Funding earned
$33.08
Price spread: +0.093% → +0.069%
$2.34
Slippage, 4 orders
−$71.66
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$59.24
Costs to cover
0.947%
Break-even
19.5 days
Slippage from Bybit: live order book, 1 min ago; KuCoin: live order book, 4 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 Bybit live order book, 1 min ago1.16 bp16.3 bp −$1654.3 bp −$543doesn't fitdoesn't fit
Sell KuCoin live order book, 4 min ago3.47 bp22.6 bp −$2377.9 bp −$779doesn'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−0.1448%1h0.04256−1.459%$68K$87K25xas long as short
Kraken Futures PF_STRKUSD−0.0329%1h0.04326+0.156%$451K$466K20xas long as short
Bybit STRKUSDTlong−0.0058%4h0.04319long leg$15.0M$19.3M50x
dYdX STRK-USD0.0000%1h0.04322+0.076%$20K$24K5xas long as short
Injective STRK/USDC PERP+0.0033%1h0.05070+17.388%$3K$38K5.5xas long as short
Lighter STRK+0.0096%1h0.04329+0.232%$257K$439K5xas long as short
Paradex STRK-USD-PERP+0.0100%8h0.04318−0.024%$8K$93820xas long as short
Hyperliquid STRK+0.0100%1h0.04324+0.116%$14.2M$5.8M5xas long as short
Aster STRKUSDT+0.0100%4h0.04323+0.081%$33K$215K10xas long as short
Pacifica STRK+0.0100%1h0.04322+0.074%$41K$68K5xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance STRKUSDT+0.0100%4h0.04324+0.116%$12.3M$42.4M75xas long as short
OKX STRK-USDT-SWAP+0.0100%4h0.04322+0.069%$4.6M$18.3M50xas long as short
Gate STRK_USDT+0.0100%4h0.04315−0.093%$566K$1.4M50xas long as short
MEXC STRK_USDT+0.0100%4h0.04323+0.093%$11.4M$2.0M100xas long as short
KuCoin STRKUSDTMshort+0.0100%4h0.04323+0.093%$1.5M$1.8M50x
Bitget STRKUSDT+0.0100%4h0.04324+0.109%$3.0M$3.6M75xas long as short
BingX STRK-USDC+0.0100%4h0.04322+0.069%$733Kas long as short
Backpack STRK_USDC_PERP+0.0100%1h0.04321+0.046%$27K$142K10xas long as short
Variational Omni STRK+0.0100%4h0.04323+0.090%$427K$1.9Mas long as short
GRVT STRK_USDT_Perp+0.0100%4h0.04323+0.097%$191K$3.5M10xas long as short
SunX STRK-USDT+0.0100%4h0.04418+2.292%$1K$888K20xas long as short
Extended STRK-USD+0.0104%1h0.04321+0.057%$120K$875K10xas long as short
BloFin STRK-USDT+0.0340%4h0.04328+0.208%$643K$735K75xas long as short
Deribit STRK_USDC-PERPETUAL+0.0444%1h0.04326+0.162%$8K$33K25xas long as short