Funding arb · Price arb /

STRK

all STRK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%

Price spread now: Binance against Extended+0.016%7-day average +0.098% · you sell dearer than you buy

Net, funding: paid 7d − costs−$67as in the Funding arb table

Net, price: spread back to 7d avg − costs−$75as in the Price arb table

costs, in and out, $10k−$660.665% of the position

Long on Extended Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.007%−$1 on $10k

Price spread, last 4 days (all we have)+0.206%+$21 · spread now +0.016%, 7d avg +0.098%

Together, before fees+0.199%+ Points / potential airdropExtended: Active · farm board+$20 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.082% cheaper against Extended than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.098%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended STRK-USD	0.04324	0.0104	pay 0.0013% / 1h	31m 39s	$121K	$661K	10x
Short	Binance STRKUSDT	0.04325	0.0100	get 0.0050% / 4h	2h 31m	$12.3M	$47.8M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Extended. 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 ExtendedbpFee BinancebpOrdersPrice spread, now +0.016%Rate

Funding earned: −$0.84
Price spread: +0.016% → +0.098%: −$8.16
Slippage, 4 orders: −$51.46
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Binance: 5 bp × 2 orders: −$10
Net: −$75.46
Costs to cover: 0.665%
Break-even: never at this rate

Slippage from Extended: live order book, 36 min ago; Binance: live order book, 10 min ago.

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 Extended live order book, 36 min ago	4.59 bp	19.7 bp −$20	124.8 bp −$1,248	doesn't fit	doesn't fit
Sell Binance live order book, 10 min ago	1.16 bp	14.0 bp −$14	45.7 bp −$457	381.0 bp −$38.1K	doesn't fit

STRK on 23 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	−0.0560%	1h	0.04277	−1.084%	$60K	$88K	25x	as long as short
Kraken Futures PF_STRKUSD	−0.0305%	1h	0.04334	+0.235%	$455K	$539K	20x	as long as short
dYdX STRK-USD	0.0000%	1h	0.04329	+0.126%	$20K	$24K	5x	as long as short
Injective STRK/USDC PERP	+0.0033%	1h	0.05070	+17.256%	$3K	$38K	5.5x	as long as short
Paradex STRK-USD-PERP	+0.0100%	8h	0.04324	−0.004%	$8K	$144	20x	as long as short
Hyperliquid STRK	+0.0100%	1h	0.04331	+0.165%	$14.7M	$7.2M	5x	as long as short
Aster STRKUSDT	+0.0100%	4h	0.04330	+0.136%	$33K	$328K	10x	as long as short
Pacifica STRK	+0.0100%	1h	0.04329	+0.121%	$43K	$69K	5x	as long as short
Binance STRKUSDTshort	+0.0100%	4h	0.04325	+0.016%	$12.3M	$47.8M	75x
Bybit STRKUSDT	+0.0100%	4h	0.04321	−0.067%	$15.0M	$21.2M	50x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX STRK-USDT-SWAP	+0.0100%	4h	0.04326	+0.049%	$4.7M	$21.9M	50x	as long as short
Gate STRK_USDT	+0.0100%	4h	0.04327	+0.072%	$589K	$1.3M	50x	as long as short
MEXC STRK_USDT	+0.0100%	4h	0.04326	+0.049%	$12.2M	$2.2M	100x	as long as short
KuCoin STRKUSDTM	+0.0100%	4h	0.04328	+0.095%	$1.5M	$1.8M	50x	as long as short
Bitget STRKUSDT	+0.0100%	4h	0.04328	+0.107%	$3.1M	$3.9M	75x	as long as short
BingX STRK-USDT	+0.0100%	4h	0.04325	+0.026%	—	$26.3M	—	as long as short
Backpack STRK_USDC_PERP	+0.0100%	1h	0.04331	+0.165%	$23K	$146K	10x	as long as short
Variational Omni STRK	+0.0100%	4h	0.04308	−0.371%	$330K	$2.0M	—	as long as short
GRVT STRK_USDT_Perp	+0.0100%	4h	0.04318	−0.136%	$187K	$3.6M	10x	as long as short
SunX STRK-USDT	+0.0100%	4h	0.04434	+2.547%	$2K	$843K	20x	as long as short
Extended STRK-USDlong	+0.0104%	1h	0.04324	long leg	$121K	$661K	10x
Lighter STRK	+0.0240%	1h	0.04336	+0.280%	$265K	$506K	5x	as long as short
Deribit STRK_USDC-PERPETUAL	+0.0904%	1h	0.04338	+0.327%	$8K	$44K	25x	as long as short