STRK

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0333%/8h= −36.5% APRnext payment −$0.42 per $10,000 · paid last 24h −0.127%

Price spread now: Hyperliquid against Deribit−0.091%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Deribit Short on Hyperliquid

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories

Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Hyperliquid is 0.091% cheaper against Deribit than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit STRK_USDC-PERPETUAL	0.04394	0.0433	pay 0.0054% / 1h	15m 33s	$8K	$24K	25x
Short	Hyperliquid STRK	0.04390	0.0100	get 0.0013% / 1h	15m 33s	$15.1M	$7.3M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid 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

Position, each leg$Hold fordaysFee DeribitbpFee HyperliquidbpOrdersPrice spread, now −0.091%Rate

Funding earned: −$69.98
Price spread: −0.091% → 0.000%: −$9.1
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: −$95.08
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Deribit: no order-book sample; Hyperliquid: live order book, 7 min ago. Net counts fees only.

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 Deribit no order-book sample	—	—	—	—	—
Sell Hyperliquid live order book, 7 min ago	2.27 bp	10.5 bp −$10	doesn't fit	doesn't fit	doesn'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 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	−0.0592%	1h	0.04378	−0.364%	$62K	$96K	25x	as long as short
dYdX STRK-USD	0.0000%	1h	0.04387	−0.151%	$20K	$24K	5x	as long as short
Injective STRK/USDC PERP	+0.0033%	1h	0.05070	+15.385%	$3K	$38K	5.5x	as long as short
Paradex STRK-USD-PERP	+0.0100%	8h	0.04385	−0.211%	$8K	$144	20x	as long as short
Hyperliquid STRKshort	+0.0100%	1h	0.04390	−0.091%	$15.1M	$7.3M	5x
Aster STRKUSDT	+0.0100%	4h	0.04388	−0.139%	$34K	$361K	10x	as long as short
Pacifica STRK	+0.0100%	1h	0.04388	−0.127%	$44K	$69K	5x	as long as short
Binance STRKUSDT	+0.0100%	4h	0.04386	−0.191%	$12.6M	$49.9M	75x	as long as short
Bybit STRKUSDT	+0.0100%	4h	0.04382	−0.273%	$15.4M	$21.4M	50x	as long as short
OKX STRK-USDT-SWAP	+0.0100%	4h	0.04386	−0.182%	$4.9M	$23.5M	50x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate STRK_USDT	+0.0100%	4h	0.04386	−0.182%	$584K	$1.4M	50x	as long as short
MEXC STRK_USDT	+0.0100%	4h	0.04384	−0.228%	$12.2M	$2.1M	100x	as long as short
KuCoin STRKUSDTM	+0.0100%	4h	0.04387	−0.159%	$1.5M	$1.9M	50x	as long as short
Bitget STRKUSDT	+0.0100%	4h	0.04385	−0.193%	$3.1M	$4.1M	75x	as long as short
BingX STRK-USDC	+0.0100%	4h	0.04386	−0.182%	—	$721K	—	as long as short
Backpack STRK_USDC_PERP	+0.0100%	1h	0.04387	−0.159%	$25K	$150K	10x	as long as short
Variational Omni STRK	+0.0100%	4h	0.04386	−0.183%	$259K	$1.9M	—	as long as short
GRVT STRK_USDT_Perp	+0.0100%	4h	0.04385	−0.207%	$187K	$3.5M	10x	as long as short
SunX STRK-USDT	+0.0100%	4h	0.04492	+2.230%	$2K	$828K	20x	as long as short
BloFin STRK-USDT	+0.0103%	4h	0.04382	−0.273%	$752K	$723K	75x	as long as short
Extended STRK-USD	+0.0104%	1h	0.04385	−0.214%	$121K	$626K	10x	as long as short
Lighter STRK	+0.0352%	1h	0.04397	+0.068%	$271K	$540K	5x	as long as short
Deribit STRK_USDC-PERPETUALlong	+0.0433%	1h	0.04394	long leg	$8K	$24K	25x
Kraken Futures PF_STRKUSD	+0.1167%	1h	0.04396	+0.042%	$476K	$492K	20x	as long as short