STRK

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.1128%/8h= +123.5% APRnext payment +$1.41 per $10,000 · paid last 24h +0.438%

Price spread now: Lighter against Coinbase International+0.349%7-day average — · you sell dearer than you buy

Net, funding: paid 7d − costs+$70as in the Funding arb table

Net, price: spread back to 7d avg − costs−$47as in the Price arb table

costs, in and out, $10k−$820.816% of the position

Long on Coinbase International Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days+1.520%+$152 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$34 a day on $10k at the current rate, and Lighter is 0.349% dearer against Coinbase International than usual: you sell high and buy low: +$35 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International STRK-PERP-INTX	0.04294	−0.1032	get 0.0129% / 1h	12m 20s	$70K	$101K	25x
Short	Lighter STRK	0.04309	0.0096	get 0.0012% / 1h	12m 20s	$263K	$465K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Coinbase International. 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 Coinbase InternationalbpFee LighterbpOrdersPrice spread, now +0.349%Rate

Funding earned: $236.88
Price spread: +0.349% → 0.000%: $34.93
Slippage, 4 orders: −$71.6
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Lighter: 0 bp × 2 orders: $0
Net: $190.21
Costs to cover: 0.816%
Break-even: 1.4 days

Slippage from Coinbase International: live order book, 11 min ago; Lighter: live order book, 33 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 Coinbase International live order book, 11 min ago	15.05 bp	22.4 bp −$22	162.8 bp −$1,628	doesn't fit	doesn't fit
Sell Lighter live order book, 33 min ago	8.07 bp	13.0 bp −$13	60.0 bp −$600	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-INTXlong	−0.1032%	1h	0.04294	long leg	$70K	$101K	25x
dYdX STRK-USD	0.0000%	1h	0.04302	+0.189%	$20K	$24K	5x	as long as short
Injective STRK/USDC PERP	+0.0033%	1h	0.05070	+18.072%	$3K	$38K	5.5x	as long as short
Kraken Futures PF_STRKUSD	+0.0059%	1h	0.04307	+0.306%	$455K	$571K	20x	as long as short
Lighter STRKshort	+0.0096%	1h	0.04309	+0.349%	$263K	$465K	5x
Paradex STRK-USD-PERP	+0.0100%	8h	0.04298	+0.099%	$8K	$144	20x	as long as short
Hyperliquid STRK	+0.0100%	1h	0.04301	+0.163%	$14.5M	$6.2M	5x	as long as short
Aster STRKUSDT	+0.0100%	4h	0.04301	+0.155%	$33K	$229K	10x	as long as short
Pacifica STRK	+0.0100%	1h	0.04304	+0.228%	$43K	$69K	5x	as long as short
Binance STRKUSDT	+0.0100%	4h	0.04298	+0.093%	$12.3M	$44.4M	75x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit STRKUSDT	+0.0100%	4h	0.04295	+0.023%	$15.1M	$20.0M	50x	as long as short
OKX STRK-USDT-SWAP	+0.0100%	4h	0.04298	+0.093%	$4.7M	$19.5M	50x	as long as short
Gate STRK_USDT	+0.0100%	4h	0.04296	+0.047%	$565K	$1.4M	50x	as long as short
MEXC STRK_USDT	+0.0100%	4h	0.04299	+0.116%	$12.0M	$2.0M	100x	as long as short
KuCoin STRKUSDTM	+0.0100%	4h	0.04296	+0.047%	$1.5M	$1.8M	50x	as long as short
Bitget STRKUSDT	+0.0100%	4h	0.04294	+0.005%	$3.0M	$3.8M	75x	as long as short
BingX STRK-USDC	+0.0100%	4h	0.04295	+0.023%	—	$725K	—	as long as short
Backpack STRK_USDC_PERP	+0.0100%	1h	0.04302	+0.186%	$30K	$143K	10x	as long as short
Variational Omni STRK	+0.0100%	4h	0.04314	+0.460%	$430K	$1.9M	—	as long as short
GRVT STRK_USDT_Perp	+0.0100%	4h	0.04311	+0.404%	$188K	$3.5M	10x	as long as short
SunX STRK-USDT	+0.0100%	4h	0.04406	+2.608%	$2K	$846K	20x	as long as short
Extended STRK-USD	+0.0104%	1h	0.04295	+0.025%	$119K	$522K	10x	as long as short
Deribit STRK_USDC-PERPETUAL	+0.0215%	1h	0.04306	+0.279%	$8K	$43K	25x	as long as short
BloFin STRK-USDT	+0.0340%	4h	0.04304	+0.233%	$729K	$768K	75x	as long as short