Funding arb · Price arb /

STRK

all STRK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: OKX against Bybit+0.095%7-day average +0.073% · you sell dearer than you buy

Net, funding: paid 7d − costs−$66as in the Funding arb table

Net, price: spread back to 7d avg − costs−$64as in the Price arb table

costs, in and out, $10k−$660.663% of the position

Long on Bybit Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 7 days−0.112%−$11 · spread now +0.095%, 7d avg +0.073%

Together, before fees−0.113%−$11 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: OKX is 0.022% dearer against Bybit than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.073%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit STRKUSDT	0.04225	0.0100	pay 0.0050% / 4h	2h 22m	$14.7M	$20.1M	50x
Short	OKX STRK-USDT-SWAP	0.04229	0.0100	get 0.0050% / 4h	2h 22m	$4.6M	$19.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.095%Rate

Funding earned: $0
Price spread: +0.095% → +0.073%: $2.17
Slippage, 4 orders: −$45.31
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee OKX: 5 bp × 2 orders: −$10
Net: −$64.14
Costs to cover: 0.663%
Break-even: never at this rate

Slippage from Bybit: live order book, 1 min ago; OKX: live order book, 1 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	1.18 bp	16.5 bp −$17	60.2 bp −$602	doesn't fit	doesn't fit
Sell OKX live order book, 1 min ago	1.18 bp	19.0 bp −$19	48.3 bp −$483	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	−0.0904%	1h	0.04204	−0.497%	$69K	$99K	25x	as long as short
Kraken Futures PF_STRKUSD	−0.0193%	1h	0.04224	−0.027%	$442K	$587K	20x	as long as short
dYdX STRK-USD	0.0000%	1h	0.04228	+0.067%	$20K	$24K	5x	as long as short
Injective STRK/USDC PERP	+0.0033%	1h	0.05070	+20.000%	$3K	$38K	5.5x	as long as short
Lighter STRK	+0.0096%	1h	0.04234	+0.213%	$252K	$443K	5x	as long as short
Paradex STRK-USD-PERP	+0.0099%	8h	0.04226	+0.020%	$8K	$144	20x	as long as short
Hyperliquid STRK	+0.0100%	1h	0.04228	+0.071%	$14.0M	$6.3M	5x	as long as short
Aster STRKUSDT	+0.0100%	4h	0.04230	+0.123%	$32K	$229K	10x	as long as short
Pacifica STRK	+0.0100%	1h	0.04230	+0.118%	$42K	$69K	5x	as long as short
Binance STRKUSDT	+0.0100%	4h	0.04227	+0.050%	$11.9M	$44.8M	75x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit STRKUSDTlong	+0.0100%	4h	0.04225	long leg	$14.7M	$20.1M	50x
OKX STRK-USDT-SWAPshort	+0.0100%	4h	0.04229	+0.095%	$4.6M	$19.2M	50x
Gate STRK_USDT	+0.0100%	4h	0.04223	−0.047%	$568K	$1.4M	50x	as long as short
MEXC STRK_USDT	+0.0100%	4h	0.04228	+0.071%	$11.3M	$2.1M	100x	as long as short
KuCoin STRKUSDTM	+0.0100%	4h	0.04229	+0.095%	$1.5M	$1.9M	50x	as long as short
Bitget STRKUSDT	+0.0100%	4h	0.04226	+0.021%	$3.0M	$3.9M	75x	as long as short
BingX STRK-USDT	+0.0100%	4h	0.04226	+0.024%	—	$10.1M	—	as long as short
Backpack STRK_USDC_PERP	+0.0100%	1h	0.04224	−0.024%	$26K	$142K	10x	as long as short
Variational Omni STRK	+0.0100%	4h	0.04220	−0.123%	$415K	$1.9M	—	as long as short
GRVT STRK_USDT_Perp	+0.0100%	4h	0.04226	+0.021%	$182K	$3.5M	10x	as long as short
SunX STRK-USDT	+0.0100%	4h	0.04327	+2.414%	$2K	$868K	20x	as long as short
Extended STRK-USD	+0.0104%	1h	0.04224	−0.015%	$119K	$474K	10x	as long as short
Deribit STRK_USDC-PERPETUAL	+0.0223%	1h	0.04227	+0.047%	$8K	$43K	25x	as long as short
BloFin STRK-USDT	+0.0340%	4h	0.04225	0.000%	$682K	$765K	75x	as long as short