Settings8H · net · $10k
Funding arb · Price arb /

STRK

all STRK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0004%/8h= −0.4% APRnext payment $0.00 per $10,000 · paid last 24h +0.034%
Price spread now: Hyperliquid against Extended+0.082%7-day average +0.224% · you sell dearer than you buy
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costs−$80as in the Price arb table
costs, in and out, $10k−$660.661% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.322%+$32 on $10k
Price spread, last 4 days (all we have)+0.367%+$37 · spread now +0.082%, 7d avg +0.224%
Together, before fees+0.690%+ Points / potential airdropExtended: Active · Hyperliquid: Season 2 · farm board+$69 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: Hyperliquid is 0.142% cheaper against Extended than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of +0.224%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended STRK-USD0.043380.0104pay 0.0013% / 1h11m 43s$121K$660K10x
ShortHyperliquid STRK0.043420.0100get 0.0013% / 1h11m 43s$14.7M$7.1M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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

Funding earned
−$0.84
Price spread: +0.082% → +0.224%
−$14.18
Slippage, 4 orders
−$52.14
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$81.16
Costs to cover
0.661%
Break-even
never at this rate
Slippage from Extended: live order book, 56 min ago; Hyperliquid: live order book, 11 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 56 min ago4.59 bp19.7 bp −$20124.8 bp −$1,248doesn't fitdoesn't fit
Sell Hyperliquid live order book, 11 min ago3.45 bp9.0 bp −$933.0 bp −$330doesn't fitdoesn't fit

STRK on 23 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International STRK-PERP-INTX−0.0560%1h0.04277−1.416%$60K$86K25xas long as short
Kraken Futures PF_STRKUSD−0.0305%1h0.04338−0.010%$455K$535K20xas long as short
dYdX STRK-USD0.0000%1h0.04338−0.007%$20K$24K5xas long as short
Injective STRK/USDC PERP+0.0033%1h0.05070+16.863%$3K$38K5.5xas long as short
Paradex STRK-USD-PERP+0.0100%8h0.04334−0.092%$8K$14420xas long as short
Hyperliquid STRKshort+0.0100%1h0.04342+0.082%$14.7M$7.1M5x
Aster STRKUSDT+0.0100%4h0.04342+0.071%$33K$328K10xas long as short
Pacifica STRK+0.0100%1h0.04338−0.008%$43K$69K5xas long as short
Binance STRKUSDT+0.0100%4h0.04335−0.073%$12.4M$47.1M75xas long as short
Bybit STRKUSDT+0.0100%4h0.04332−0.148%$15.0M$21.0M50xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX STRK-USDT-SWAP+0.0100%4h0.04335−0.079%$4.7M$21.5M50xas long as short
Gate STRK_USDT+0.0100%4h0.04338−0.010%$590K$1.4M50xas long as short
MEXC STRK_USDT+0.0100%4h0.04339+0.013%$12.3M$2.2M100xas long as short
KuCoin STRKUSDTM+0.0100%4h0.04341+0.059%$1.5M$1.8M50xas long as short
Bitget STRKUSDT+0.0100%4h0.04339+0.013%$3.1M$3.8M75xas long as short
BingX STRK-USDT+0.0100%4h0.04339+0.013%$26.3Mas long as short
Backpack STRK_USDC_PERP+0.0100%1h0.04339+0.013%$24K$146K10xas long as short
Variational Omni STRK+0.0100%4h0.04334−0.097%$333K$2.0Mas long as short
GRVT STRK_USDT_Perp+0.0100%4h0.04341+0.069%$186K$3.6M10xas long as short
SunX STRK-USDT+0.0100%4h0.04439+2.318%$1K$840K20xas long as short
Extended STRK-USDlong+0.0104%1h0.04338long leg$121K$660K10x
Lighter STRK+0.0216%1h0.04346+0.175%$265K$507K5xas long as short
Deribit STRK_USDC-PERPETUAL+0.0441%1h0.04342+0.082%$8K$44K25xas long as short