Funding you earn now, next payment 03:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h −0.200%
Price spread now: Backpack against dYdX+0.032%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+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 +$3 a day on $10k at the current rate, and Backpack is 0.032% dearer against dYdX than usual: you sell high and buy low: +$3 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 | dYdX STRK-USD | 0.04315 | 0 | get 0.0000% / 1h | 44m 14s | $20K | $24K | 5x |
| Short | Backpack STRK_USDC_PERP | 0.04316 | 0.0100 | get 0.0013% / 1h | 44m 14s | $24K | $138K | 10x |
dYdX STRK-USD
Backpack STRK_USDC_PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Backpack against dYdX. 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
- $21
- Price spread: +0.032% → 0.000%
- $3.16
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- $4.16
- Costs to cover
- 0.200%
- Break-even
- 5.6 days
Slippage unknown: dYdX: no order-book sample; Backpack: live order book, 19 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 dYdX no order-book sample | — | — | — | — | — |
| Sell Backpack live order book, 19 min ago | 2.31 bp | 19.5 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
dYdX: 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 | −0.0952% | 1h | 0.04280 | −0.803% | $60K | $86K | 25x | as long as short |
| Kraken Futures PF_STRKUSD | −0.0370% | 1h | 0.04312 | −0.061% | $453K | $529K | 20x | as long as short |
| dYdX STRK-USDlong | 0.0000% | 1h | 0.04315 | long leg | $20K | $24K | 5x | |
| Injective STRK/USDC PERP | +0.0033% | 1h | 0.05070 | +17.507% | $3K | $38K | 5.5x | as long as short |
| Lighter STRK | +0.0096% | 1h | 0.04321 | +0.147% | $264K | $503K | 5x | as long as short |
| Paradex STRK-USD-PERP | +0.0100% | 8h | 0.04313 | −0.049% | $8K | $144 | 20x | as long as short |
| Hyperliquid STRK | +0.0100% | 1h | 0.04313 | −0.038% | $14.6M | $7.0M | 5x | as long as short |
| Aster STRKUSDT | +0.0100% | 4h | 0.04313 | −0.044% | $33K | $328K | 10x | as long as short |
| Pacifica STRK | +0.0100% | 1h | 0.04315 | +0.006% | $43K | $69K | 5x | as long as short |
| Binance STRKUSDT | +0.0100% | 4h | 0.04313 | −0.038% | $12.3M | $46.3M | 75x | as long as short |
Coinbase International STRK-PERP-INTX
Kraken Futures PF_STRKUSD
Injective STRK/USDC PERP
Lighter STRK
Paradex STRK-USD-PERP
Hyperliquid STRK
Aster STRKUSDT
Pacifica STRK
Binance STRKUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit STRKUSDT | +0.0100% | 4h | 0.04310 | −0.107% | $15.0M | $20.8M | 50x | as long as short |
| OKX STRK-USDT-SWAP | +0.0100% | 4h | 0.04314 | −0.015% | $4.7M | $20.8M | 50x | as long as short |
| Gate STRK_USDT | +0.0100% | 4h | 0.04308 | −0.154% | $579K | $1.3M | 50x | as long as short |
| MEXC STRK_USDT | +0.0100% | 4h | 0.04312 | −0.061% | $12.2M | $2.0M | 100x | as long as short |
| KuCoin STRKUSDTM | +0.0100% | 4h | 0.04311 | −0.084% | $1.5M | $1.8M | 50x | as long as short |
| Bitget STRKUSDT | +0.0100% | 4h | 0.04309 | −0.126% | $3.0M | $3.8M | 75x | as long as short |
| BingX STRK-USDC | +0.0100% | 4h | 0.04310 | −0.107% | — | $729K | — | as long as short |
| Backpack STRK_USDC_PERPshort | +0.0100% | 1h | 0.04316 | +0.032% | $24K | $138K | 10x | |
| Variational Omni STRK | +0.0100% | 4h | 0.04309 | −0.137% | $387K | $2.1M | — | as long as short |
| GRVT STRK_USDT_Perp | +0.0100% | 4h | 0.04310 | −0.105% | $186K | $3.5M | 10x | as long as short |
| SunX STRK-USDT | +0.0100% | 4h | 0.04411 | +2.233% | $2K | $835K | 20x | as long as short |
| Extended STRK-USD | +0.0104% | 1h | 0.04310 | −0.099% | $119K | $665K | 10x | as long as short |
| BloFin STRK-USDT | +0.0340% | 4h | 0.04311 | −0.084% | $757K | $828K | 75x | as long as short |
| Deribit STRK_USDC-PERPETUAL | +0.0445% | 1h | 0.04317 | +0.055% | $8K | $44K | 25x | as long as short |
Bybit STRKUSDT
OKX STRK-USDT-SWAP
Gate STRK_USDT
MEXC STRK_USDT
KuCoin STRKUSDTM
Bitget STRKUSDT
BingX STRK-USDC
Variational Omni STRK
GRVT STRK_USDT_Perp
SunX STRK-USDT
Extended STRK-USD
BloFin STRK-USDT
Deribit STRK_USDC-PERPETUAL