Funding arb · Price arb /

STRK

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%

Price spread now: Bitget against Extended+0.044%7-day average +0.105% · you sell dearer than you buy

Net, funding: paid 7d − costs−$78as in the Funding arb table

Net, price: spread back to 7d avg − costs−$84as in the Price arb table

costs, in and out, $10k−$780.784% of the position

Long on Extended Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.002%$0 on $10k

Price spread, last 4 days (all we have)+0.178%+$18 · spread now +0.044%, 7d avg +0.105%

Together, before fees+0.180%+ Points / potential airdropExtended: Active · farm board+$18 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: Bitget is 0.061% cheaper against Extended than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.105%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended STRK-USD	0.04308	0.0104	pay 0.0013% / 1h	8m 09s	$120K	$436K	10x
Short	Bitget STRKUSDT	0.04310	0.0100	get 0.0050% / 4h	1h 08m	$3.0M	$3.8M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now +0.044%Rate

Funding earned: −$0.84
Price spread: +0.044% → +0.105%: −$6.12
Slippage, 4 orders: −$61.37
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$85.33
Costs to cover: 0.784%
Break-even: never at this rate

Slippage from Extended: live order book, 34 min ago; Bitget: live order book, 5 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, 34 min ago	6.91 bp	22.1 bp −$22	144.1 bp −$1,441	doesn't fit	doesn't fit
Sell Bitget live order book, 5 min ago	2.66 bp	15.3 bp −$15	32.1 bp −$321	doesn't fit	doesn't fit

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	−0.0992%	1h	0.04294	−0.332%	$70K	$89K	25x	as long as short
Kraken Futures PF_STRKUSD	−0.0050%	1h	0.04312	+0.077%	$448K	$592K	20x	as long as short
dYdX STRK-USD	0.0000%	1h	0.04312	+0.080%	$20K	$24K	5x	as long as short
Injective STRK/USDC PERP	+0.0033%	1h	0.05070	+17.680%	$3K	$38K	5.5x	as long as short
Lighter STRK	+0.0096%	1h	0.04317	+0.202%	$256K	$444K	5x	as long as short
Paradex STRK-USD-PERP	+0.0100%	8h	0.04310	+0.050%	$8K	$144	20x	as long as short
Hyperliquid STRK	+0.0100%	1h	0.04315	+0.156%	$14.3M	$6.0M	5x	as long as short
Aster STRKUSDT	+0.0100%	4h	0.04312	+0.093%	$33K	$229K	10x	as long as short
Pacifica STRK	+0.0100%	1h	0.04314	+0.142%	$43K	$65K	5x	as long as short
Binance STRKUSDT	+0.0100%	4h	0.04310	+0.037%	$12.3M	$44.2M	75x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit STRKUSDT	+0.0100%	4h	0.04307	−0.030%	$15.0M	$20.2M	50x	as long as short
OKX STRK-USDT-SWAP	+0.0100%	4h	0.04311	+0.063%	$4.6M	$19.0M	50x	as long as short
Gate STRK_USDT	+0.0100%	4h	0.04307	−0.030%	$578K	$1.4M	50x	as long as short
MEXC STRK_USDT	+0.0100%	4h	0.04310	+0.040%	$11.5M	$2.1M	100x	as long as short
KuCoin STRKUSDTM	+0.0100%	4h	0.04312	+0.086%	$1.5M	$1.8M	50x	as long as short
Bitget STRKUSDTshort	+0.0100%	4h	0.04310	+0.044%	$3.0M	$3.8M	75x
BingX STRK-USDT	+0.0100%	4h	0.04311	+0.063%	—	$10.1M	—	as long as short
Backpack STRK_USDC_PERP	+0.0100%	1h	0.04310	+0.040%	$29K	$144K	10x	as long as short
Variational Omni STRK	+0.0100%	4h	0.04312	+0.079%	$423K	$1.9M	—	as long as short
GRVT STRK_USDT_Perp	+0.0100%	4h	0.04314	+0.131%	$188K	$3.5M	10x	as long as short
SunX STRK-USDT	+0.0100%	4h	0.04413	+2.430%	$2K	$880K	20x	as long as short
Extended STRK-USDlong	+0.0104%	1h	0.04308	long leg	$120K	$436K	10x
Deribit STRK_USDC-PERPETUAL	+0.0214%	1h	0.04313	+0.109%	$8K	$43K	25x	as long as short
BloFin STRK-USDT	+0.0340%	4h	0.04310	+0.040%	$673K	$779K	75x	as long as short