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

STRK

all STRK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0153%/8h= −16.8% APRnext payment $0.19 per $10,000 · paid last 24h +0.029%
Price spread now: Kraken Futures against Extended+0.152%7-day average +0.259% · you sell dearer than you buy
Net, funding: paid 7d − costs+$18as in the Funding arb table
Net, price: spread back to 7d avg − costs−$138as in the Price arb table
costs, in and out, $10k−$1281.275% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+1.452%+$145 on $10k
Price spread, last 4 days (all we have)+1.281%+$128 · spread now +0.152%, 7d avg +0.259%
Together, before fees+2.733%+ Points / potential airdropExtended: Active · farm board+$273 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Kraken Futures is 0.107% cheaper against Extended than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.259%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +1.452%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended STRK-USD0.043300.0104pay 0.0013% / 1h36m 23s$121K$482K10x
ShortKraken Futures PF_STRKUSD0.04337−0.0049pay 0.0006% / 1h36m 23s$448K$599K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
−$32.2
Price spread: +0.152% → +0.259%
−$10.66
Slippage, 4 orders
−$112.55
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$170.4
Costs to cover
1.275%
Break-even
never at this rate
Slippage from Extended: live order book, 6 min ago; Kraken Futures: live order book, 7 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, 6 min ago6.91 bp22.1 bp −$22144.1 bp −$1,441doesn't fitdoesn't fit
Sell Kraken Futures live order book, 7 min ago16.12 bp25.8 bp −$26404.0 bp −$4,040doesn't fitdoesn't fit

STRK on 24 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−0.0992%1h0.04309−0.495%$70K$103K25xas long as short
Kraken Futures PF_STRKUSDshort−0.0049%1h0.04337+0.152%$448K$599K20x
dYdX STRK-USD0.0000%1h0.04332+0.041%$20K$24K5xas long as short
Injective STRK/USDC PERP+0.0033%1h0.05070+17.078%$3K$38K5.5xas long as short
Lighter STRK+0.0096%1h0.04340+0.221%$259K$442K5xas long as short
Paradex STRK-USD-PERP+0.0100%8h0.04330−0.002%$8K$14420xas long as short
Hyperliquid STRK+0.0100%1h0.04331+0.013%$14.3M$6.1M5xas long as short
Aster STRKUSDT+0.0100%4h0.04331+0.016%$33K$229K10xas long as short
Pacifica STRK+0.0100%1h0.04333+0.059%$43K$69K5xas long as short
Binance STRKUSDT+0.0100%4h0.04329−0.033%$12.3M$44.6M75xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit STRKUSDT+0.0100%4h0.04329−0.033%$15.1M$20.3M50xas long as short
OKX STRK-USDT-SWAP+0.0100%4h0.04328−0.056%$4.7M$19.3M50xas long as short
Gate STRK_USDT+0.0100%4h0.04327−0.079%$580K$1.4M50xas long as short
MEXC STRK_USDT+0.0100%4h0.04331+0.013%$11.5M$2.1M100xas long as short
KuCoin STRKUSDTM+0.0100%4h0.04332+0.036%$1.5M$1.8M50xas long as short
Bitget STRKUSDT+0.0100%4h0.04328−0.061%$3.0M$3.8M75xas long as short
BingX STRK-USDC+0.0100%4h0.04329−0.033%$731Kas long as short
Variational Omni STRK+0.0100%4h0.04333+0.053%$426K$1.9Mas long as short
GRVT STRK_USDT_Perp+0.0100%4h0.04334+0.091%$184K$3.5M10xas long as short
SunX STRK-USDT+0.0100%4h0.04439+2.507%$2K$878K20xas long as short
Extended STRK-USDlong+0.0104%1h0.04330long leg$121K$482K10x
Backpack STRK_USDC_PERP+0.0170%1h0.04333+0.059%$29K$146K10xas long as short
BloFin STRK-USDT+0.0340%4h0.04332+0.036%$676K$783K75xas long as short
Deribit STRK_USDC-PERPETUAL+0.0442%1h0.04337+0.152%$8K$43K25xas long as short