Funding arb · Price arb /

STRK

all STRK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0059%/8h= +6.5% APRpaid last 24h −0.301%

Price spread now: BloFin against dYdX−0.072%7-day average — · you buy dearer than you sell

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

Long on dYdX Short on BloFin

What this pair did over the last

the charts below follow

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

Funding pays, the price is against you. BloFin is 0.072% cheaper against dYdX than usual: you would sell low and buy high (spread −0.072% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 4.1 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX STRK-USD	0.04393	0	get 0.0000% / 1h	36m 04s	$20K	$24K	5x
Short	BloFin STRK-USDT	0.04390	0.0059	get 0.0030% / 4h	1h 36m	$753K	$725K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against dYdX. 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 dYdXbpFee BloFinbpOrdersPrice spread, now −0.072%Rate

Funding earned: $12.39
Price spread: −0.072% → 0.000%: −$7.22
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$16.82
Costs to cover: 0.220%
Break-even: 16.5 days

Slippage unknown: dYdX: no order-book sample; BloFin: live order book, 46 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 BloFin live order book, 46 min ago	2.26 bp	9.9 bp −$10	28.7 bp −$287	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	−0.0592%	1h	0.04385	−0.186%	$62K	$96K	25x	as long as short
dYdX STRK-USDlong	0.0000%	1h	0.04393	long leg	$20K	$24K	5x
Injective STRK/USDC PERP	+0.0033%	1h	0.05070	+15.406%	$3K	$38K	5.5x	as long as short
BloFin STRK-USDTshort	+0.0059%	4h	0.04390	−0.072%	$753K	$725K	75x
Paradex STRK-USD-PERP	+0.0100%	8h	0.04388	−0.117%	$8K	$144	20x	as long as short
Hyperliquid STRK	+0.0100%	1h	0.04389	−0.095%	$15.1M	$7.3M	5x	as long as short
Aster STRKUSDT	+0.0100%	4h	0.04389	−0.099%	$34K	$363K	10x	as long as short
Pacifica STRK	+0.0100%	1h	0.04392	−0.031%	$44K	$69K	5x	as long as short
Binance STRKUSDT	+0.0100%	4h	0.04386	−0.170%	$12.6M	$50.0M	75x	as long as short
Bybit STRKUSDT	+0.0100%	4h	0.04381	−0.277%	$15.5M	$21.4M	50x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX STRK-USDT-SWAP	+0.0100%	4h	0.04384	−0.209%	$4.9M	$23.5M	50x	as long as short
Gate STRK_USDT	+0.0100%	4h	0.04387	−0.140%	$585K	$1.4M	50x	as long as short
MEXC STRK_USDT	+0.0100%	4h	0.04388	−0.118%	$12.2M	$2.1M	100x	as long as short
KuCoin STRKUSDTM	+0.0100%	4h	0.04385	−0.186%	$1.5M	$1.9M	50x	as long as short
Bitget STRKUSDT	+0.0100%	4h	0.04385	−0.181%	$3.1M	$4.1M	75x	as long as short
BingX STRK-USDC	+0.0100%	4h	0.04385	−0.186%	—	$723K	—	as long as short
Backpack STRK_USDC_PERP	+0.0100%	1h	0.04386	−0.163%	$25K	$150K	10x	as long as short
Variational Omni STRK	+0.0100%	4h	0.04397	+0.087%	$259K	$1.9M	—	as long as short
GRVT STRK_USDT_Perp	+0.0100%	4h	0.04401	+0.176%	$194K	$3.5M	10x	as long as short
SunX STRK-USDT	+0.0100%	4h	0.04490	+2.204%	$2K	$825K	20x	as long as short
Extended STRK-USD	+0.0104%	1h	0.04386	−0.168%	$122K	$626K	10x	as long as short
Deribit STRK_USDC-PERPETUAL	+0.0206%	1h	0.04391	−0.049%	$8K	$24K	25x	as long as short
Lighter STRK	+0.0440%	1h	0.04399	+0.133%	$271K	$540K	5x	as long as short
Kraken Futures PF_STRKUSD	+0.1168%	1h	0.04393	0.000%	$477K	$496K	20x	as long as short