Funding you earn now, next payment 22:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h −0.091%
Price spread now: Lighter against Deribit+0.137%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 airdropLighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Lighter is 0.137% dearer against Deribit than usual: you sell high and buy low: +$14 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 | Deribit STRK_USDC-PERPETUAL | 0.04390 | 0.0206 | pay 0.0026% / 1h | 2m 33s | $8K | $24K | 25x |
| Short | Lighter STRK | 0.04396 | 0.0256 | get 0.0032% / 1h | 2m 33s | $271K | $542K | 5x |
Deribit STRK_USDC-PERPETUAL
Lighter STRKFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Deribit. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $10.54
- Price spread: +0.137% → 0.000%
- $13.67
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $17.21
- Costs to cover
- 0.070%
- Break-even
- from the start
Slippage unknown: Deribit: no order-book sample; Lighter: live order book, 13 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 Lighter live order book, 13 min ago | 9.06 bp | 25.1 bp −$25 | 70.0 bp −$700 | 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 | −0.0352% | 1h | 0.04374 | −0.364% | $62K | $94K | 25x | as long as short |
| dYdX STRK-USD | 0.0000% | 1h | 0.04389 | −0.028% | $20K | $24K | 5x | as long as short |
| Injective STRK/USDC PERP | +0.0033% | 1h | 0.05070 | +15.490% | $3K | $38K | 5.5x | as long as short |
| Paradex STRK-USD-PERP | +0.0100% | 8h | 0.04385 | −0.121% | $8K | $144 | 20x | as long as short |
| Hyperliquid STRK | +0.0100% | 1h | 0.04395 | +0.114% | $15.1M | $7.3M | 5x | as long as short |
| Aster STRKUSDT | +0.0100% | 4h | 0.04387 | −0.067% | $34K | $363K | 10x | as long as short |
| Pacifica STRK | +0.0100% | 1h | 0.04387 | −0.066% | $44K | $69K | 5x | as long as short |
| Binance STRKUSDT | +0.0100% | 4h | 0.04387 | −0.072% | $12.7M | $50.1M | 75x | as long as short |
| Bybit STRKUSDT | +0.0100% | 4h | 0.04380 | −0.228% | $15.4M | $21.3M | 50x | as long as short |
| OKX STRK-USDT-SWAP | +0.0100% | 4h | 0.04384 | −0.137% | $4.9M | $23.6M | 50x | as long as short |
Coinbase International STRK-PERP-INTX
dYdX STRK-USD
Injective STRK/USDC PERP
Paradex STRK-USD-PERP
Hyperliquid STRK
Aster STRKUSDT
Pacifica STRK
Binance STRKUSDT
Bybit STRKUSDT
OKX STRK-USDT-SWAPShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate STRK_USDT | +0.0100% | 4h | 0.04385 | −0.114% | $587K | $1.5M | 50x | as long as short |
| MEXC STRK_USDT | +0.0100% | 4h | 0.04385 | −0.114% | $12.2M | $2.3M | 100x | as long as short |
| KuCoin STRKUSDTM | +0.0100% | 4h | 0.04385 | −0.114% | $1.5M | $1.9M | 50x | as long as short |
| Bitget STRKUSDT | +0.0100% | 4h | 0.04387 | −0.062% | $3.1M | $4.1M | 75x | as long as short |
| BingX STRK-USDC | +0.0100% | 4h | 0.04385 | −0.114% | — | $722K | — | as long as short |
| Backpack STRK_USDC_PERP | +0.0100% | 1h | 0.04386 | −0.091% | $25K | $152K | 10x | as long as short |
| Variational Omni STRK | +0.0100% | 4h | 0.04386 | −0.096% | $258K | $1.8M | — | as long as short |
| GRVT STRK_USDT_Perp | +0.0100% | 4h | 0.04388 | −0.046% | $190K | $3.5M | 10x | as long as short |
| SunX STRK-USDT | +0.0100% | 4h | 0.04490 | +2.278% | $2K | $820K | 20x | as long as short |
| Extended STRK-USD | +0.0104% | 1h | 0.04383 | −0.160% | $121K | $626K | 10x | as long as short |
| BloFin STRK-USDT | +0.0151% | 4h | 0.04386 | −0.091% | $770K | $725K | 75x | as long as short |
| Deribit STRK_USDC-PERPETUALlong | +0.0206% | 1h | 0.04390 | long leg | $8K | $24K | 25x | |
| Lighter STRKshort | +0.0256% | 1h | 0.04396 | +0.137% | $271K | $542K | 5x | |
| Kraken Futures PF_STRKUSD | +0.0338% | 1h | 0.04395 | +0.124% | $468K | $490K | 20x | as long as short |
Gate STRK_USDT
MEXC STRK_USDT
KuCoin STRKUSDTM
Bitget STRKUSDT
BingX STRK-USDC
Backpack STRK_USDC_PERP
Variational Omni STRK
GRVT STRK_USDT_Perp
SunX STRK-USDT
Extended STRK-USD
BloFin STRK-USDT
Kraken Futures PF_STRKUSD