Funding arb · Price arb /

STRK

all STRK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0203%/8h= −22.2% APRpaid last 24h +0.007%

Price spread now: Gate against dYdX−0.177%46s7-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 Gate

What this pair did over the last

the charts below follow

Funding, last 6 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 against this trade now: funding costs −$6 a day on $10k at the current rate, and Gate is 0.177% cheaper against dYdX than usual: you would sell low and buy high (−$18 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX STRK-USD	0.04210	0.0303	pay 0.0038% / 1h	31m 49s	$20K	$24K	5x
Short	Gate STRK_USDT	0.04203	0.0100	get 0.0050% / 4h	1h 31m	$549K	$1.3M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.177%Rate

Funding earned: −$42.56
Price spread: −0.177% → 0.000%: −$17.69
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$85.25
Costs to cover: 0.250%
Break-even: never at this rate

Slippage unknown: dYdX: no order-book sample; Gate: live order book, 4 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 Gate live order book, 4 min ago	3.57 bp	20.5 bp −$20	278.6 bp −$2,786	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 exchanges

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	−0.1744%	1h	0.04168	−1.008%	$67K	$71K	25x	as long as short
Kraken Futures PF_STRKUSD	−0.0683%	1h	0.04205	−0.125%	$445K	$460K	20x	as long as short
Bybit STRKUSDT	−0.0540%	4h	0.04199	−0.272%	$14.3M	$19.2M	50x	as long as short
Variational Omni STRK	−0.0161%	4h	0.04217	+0.166%	$410K	$1.8M	—	as long as short
Deribit STRK_USDC-PERPETUAL	0.0000%	1h	0.04206	−0.106%	$3K	$43K	25x	as long as short
Injective STRK/USDC PERP	+0.0033%	1h	0.05070	+20.415%	$3K	$38K	5.5x	as long as short
Lighter STRK	+0.0096%	1h	0.04208	−0.058%	$245K	$429K	5x	as long as short
Paradex STRK-USD-PERP	+0.0099%	8h	0.04204	−0.148%	$8K	$913	20x	as long as short
Hyperliquid STRK	+0.0100%	1h	0.04204	−0.153%	$13.7M	$5.5M	5x	as long as short
Aster STRKUSDT	+0.0100%	4h	0.04206	−0.101%	$32K	$170K	10x	as long as short

Show all 24 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica STRK	+0.0100%	1h	0.04206	−0.113%	$40K	$70K	5x	as long as short
Binance STRKUSDT	+0.0100%	4h	0.04201	−0.218%	$11.9M	$40.6M	75x	as long as short
OKX STRK-USDT-SWAP	+0.0100%	4h	0.04202	−0.201%	$4.4M	$17.0M	50x	as long as short
Gate STRK_USDTshort	+0.0100%	4h	0.04203	−0.177%	$549K	$1.3M	50x
MEXC STRK_USDT	+0.0100%	4h	0.04203	−0.177%	$11.2M	$2.0M	100x	as long as short
KuCoin STRKUSDTM	+0.0100%	4h	0.04205	−0.129%	$1.5M	$1.7M	50x	as long as short
Bitget STRKUSDT	+0.0100%	4h	0.04201	−0.229%	$2.9M	$3.5M	75x	as long as short
BingX STRK-USDT	+0.0100%	4h	0.04200	−0.248%	—	$9.6M	—	as long as short
Backpack STRK_USDC_PERP	+0.0100%	1h	0.04202	−0.201%	$29K	$140K	10x	as long as short
GRVT STRK_USDT_Perp	+0.0100%	4h	0.04228	+0.421%	$185K	$3.4M	10x	as long as short
SunX STRK-USDT	+0.0100%	4h	0.04303	+2.198%	$2K	$890K	20x	as long as short
Extended STRK-USD	+0.0104%	1h	0.04201	−0.221%	$117K	$874K	10x	as long as short
dYdX STRK-USDlong	+0.0303%	1h	0.04210	long leg	$20K	$24K	5x
BloFin STRK-USDT	+0.0340%	4h	0.04193	−0.414%	$623K	$718K	75x	as long as short