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

STRK

all STRK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0804%/8h= −88.0% APRpaid last 24h −0.170%
Price spread now: Bybit against Deribit−0.277%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$24 a day on $10k at the current rate, and Bybit is 0.277% cheaper against Deribit than usual: you would sell low and buy high (−$28 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit STRK_USDC-PERPETUAL0.043380.0904pay 0.0113% / 1h32m 15s$8K$44K25x
ShortBybit STRKUSDT0.043260.0100get 0.0050% / 4h2h 32m$15.0M$21.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Deribit. 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
−$168.83
Price spread: −0.277% → 0.000%
−$27.66
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$214.49
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Deribit: no order-book sample; Bybit: live order book, 1 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Deribit no order-book sample
Sell Bybit live order book, 1 min ago1.16 bp15.6 bp −$1657.3 bp −$573doesn't fitdoesn't fit
Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

STRK on 23 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−0.0560%1h0.04277−1.406%$60K$88K25xas long as short
Kraken Futures PF_STRKUSD−0.0305%1h0.04334−0.091%$455K$539K20xas long as short
dYdX STRK-USD0.0000%1h0.04329−0.200%$20K$24K5xas long as short
Injective STRK/USDC PERP+0.0033%1h0.05070+16.874%$3K$38K5.5xas long as short
Paradex STRK-USD-PERP+0.0100%8h0.04329−0.201%$8K$14420xas long as short
Hyperliquid STRK+0.0100%1h0.04334−0.092%$14.7M$7.2M5xas long as short
Aster STRKUSDT+0.0100%4h0.04333−0.115%$33K$328K10xas long as short
Pacifica STRK+0.0100%1h0.04333−0.122%$43K$69K5xas long as short
Binance STRKUSDT+0.0100%4h0.04331−0.165%$12.3M$48.0M75xas long as short
Bybit STRKUSDTshort+0.0100%4h0.04326−0.277%$15.0M$21.2M50x
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX STRK-USDT-SWAP+0.0100%4h0.04331−0.161%$4.7M$22.0M50xas long as short
Gate STRK_USDT+0.0100%4h0.04330−0.184%$590K$1.3M50xas long as short
MEXC STRK_USDT+0.0100%4h0.04328−0.231%$12.2M$2.2M100xas long as short
KuCoin STRKUSDTM+0.0100%4h0.04331−0.161%$1.5M$1.8M50xas long as short
Bitget STRKUSDT+0.0100%4h0.04331−0.161%$3.1M$3.9M75xas long as short
BingX STRK-USDT+0.0100%4h0.04330−0.184%$26.3Mas long as short
Backpack STRK_USDC_PERP+0.0100%1h0.04331−0.161%$23K$146K10xas long as short
Variational Omni STRK+0.0100%4h0.04308−0.695%$330K$2.0Mas long as short
GRVT STRK_USDT_Perp+0.0100%4h0.04310−0.636%$187K$3.6M10xas long as short
SunX STRK-USDT+0.0100%4h0.04434+2.213%$2K$843K20xas long as short
Extended STRK-USD+0.0104%1h0.04329−0.199%$121K$661K10xas long as short
Lighter STRK+0.0224%1h0.04340+0.046%$265K$506K5xas long as short
Deribit STRK_USDC-PERPETUALlong+0.0904%1h0.04338long leg$8K$44K25x