Funding arb · Price arb /

STRK

all STRK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.1076%/8h= +117.8% APRpaid last 24h +0.345%

Price spread now: MEXC against Coinbase International+0.697%7-day average — · you sell dearer than you buy

Net, funding: paid 7d − costs+$53as in the Funding arb table

Net, price: spread back to 7d avg − costs+$13as in the Price arb table

costs, in and out, $10k−$570.567% of the position

Long on Coinbase International Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+1.101%+$110 on $10k

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

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$32 a day on $10k at the current rate, and MEXC is 0.697% dearer against Coinbase International than usual: you sell high and buy low: +$70 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	0.04303	−0.0976	get 0.0122% / 1h	0m 09s	$75K	$98K	25x
Short	MEXC STRK_USDT	0.04333	0.0100	get 0.0050% / 4h	0m 09s	$12.2M	$2.0M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.697%Rate

Funding earned: $225.96
Price spread: +0.697% → 0.000%: $69.72
Slippage, 4 orders: −$42.7
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee MEXC: 2 bp × 2 orders: −$4
Net: $238.97
Costs to cover: 0.567%
Break-even: from the start

Slippage from Coinbase International: live order book, 83 min ago; MEXC: live order book, 3 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, 83 min ago	8.09 bp	15.4 bp −$15	154.6 bp −$1,546	doesn't fit	doesn't fit
Sell MEXC live order book, 3 min ago	1.16 bp	5.2 bp −$5	20.5 bp −$205	86.5 bp −$8,654	204.4 bp −$102.2K

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	−0.0976%	1h	0.04303	long leg	$75K	$98K	25x
Kraken Futures PF_STRKUSD	−0.0136%	1h	0.04335	+0.753%	$460K	$548K	20x	as long as short
dYdX STRK-USD	0.0000%	1h	0.04326	+0.528%	$20K	$24K	5x	as long as short
Injective STRK/USDC PERP	+0.0033%	1h	0.05070	+17.825%	$3K	$38K	5.5x	as long as short
Lighter STRK	+0.0096%	1h	0.04340	+0.860%	$265K	$502K	5x	as long as short
Paradex STRK-USD-PERP	+0.0100%	8h	0.04328	+0.588%	$8K	$144	20x	as long as short
Hyperliquid STRK	+0.0100%	1h	0.04337	+0.790%	$14.6M	$6.3M	5x	as long as short
Aster STRKUSDT	+0.0100%	4h	0.04333	+0.690%	$33K	$229K	10x	as long as short
Pacifica STRK	+0.0100%	1h	0.04330	+0.623%	$43K	$69K	5x	as long as short
Binance STRKUSDT	+0.0100%	4h	0.04334	+0.720%	$12.4M	$44.6M	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	0.04331	+0.651%	$15.3M	$20.1M	50x	as long as short
OKX STRK-USDT-SWAP	+0.0100%	4h	0.04335	+0.744%	$4.7M	$19.8M	50x	as long as short
Gate STRK_USDT	+0.0100%	4h	0.04333	+0.697%	$568K	$1.4M	50x	as long as short
MEXC STRK_USDTshort	+0.0100%	4h	0.04333	+0.697%	$12.2M	$2.0M	100x
KuCoin STRKUSDTM	+0.0100%	4h	0.04336	+0.767%	$1.5M	$1.8M	50x	as long as short
Bitget STRKUSDT	+0.0100%	4h	0.04336	+0.760%	$3.1M	$3.7M	75x	as long as short
BingX STRK-USDT	+0.0100%	4h	0.04332	+0.674%	—	$9.2M	—	as long as short
Backpack STRK_USDC_PERP	+0.0100%	1h	0.04335	+0.744%	$30K	$143K	10x	as long as short
Variational Omni STRK	+0.0100%	4h	0.04320	+0.389%	$429K	$1.9M	—	as long as short
GRVT STRK_USDT_Perp	+0.0100%	4h	0.04319	+0.365%	$186K	$3.5M	10x	as long as short
SunX STRK-USDT	+0.0100%	4h	0.04429	+2.928%	$1K	$844K	20x	as long as short
Extended STRK-USD	+0.0104%	1h	0.04330	+0.628%	$121K	$659K	10x	as long as short
BloFin STRK-USDT	+0.0340%	4h	0.04324	+0.488%	$764K	$788K	75x	as long as short
Deribit STRK_USDC-PERPETUAL	+0.0442%	1h	0.04336	+0.767%	$8K	$44K	25x	as long as short