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

STRK

all STRK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0152%/8h= +16.6% APRnext payment +$0.19 per $10,000 · paid last 24h +0.084%
Price spread now: Lighter against Extended+0.297%7-day average +0.194% · you sell dearer than you buy
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$860.856% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.379%+$38 on $10k
Price spread, last 4 days (all we have)+0.012%+$1 · spread now +0.297%, 7d avg +0.194%
Together, before fees+0.391%+ Points / potential airdropExtended: Active · Lighter: Season 3 · farm board+$39 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Lighter is 0.103% dearer against Extended than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.194%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended STRK-USD0.043830.0104pay 0.0013% / 1h2m 45s$121K$626K10x
ShortLighter STRK0.043960.0256get 0.0032% / 1h2m 45s$271K$542K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter 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
$31.92
Price spread: +0.297% → +0.194%
$10.29
Slippage, 4 orders
−$80.61
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Lighter: 0 bp × 2 orders
$0
Net
−$43.4
Costs to cover
0.856%
Break-even
16.5 days
Slippage from Extended: live order book, 20 min ago; Lighter: live order book, 13 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, 20 min ago5.65 bp20.3 bp −$20131.9 bp −$1,319doesn't fitdoesn't fit
Sell Lighter live order book, 13 min ago9.06 bp25.1 bp −$2570.0 bp −$700doesn'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−0.0352%1h0.04374−0.205%$62K$94K25xas long as short
dYdX STRK-USD0.0000%1h0.04389+0.132%$20K$24K5xas long as short
Injective STRK/USDC PERP+0.0033%1h0.05070+15.675%$3K$38K5.5xas long as short
Paradex STRK-USD-PERP+0.0100%8h0.04385+0.039%$8K$14420xas long as short
Hyperliquid STRK+0.0100%1h0.04393+0.229%$15.1M$7.3M5xas long as short
Aster STRKUSDT+0.0100%4h0.04387+0.082%$34K$363K10xas long as short
Pacifica STRK+0.0100%1h0.04387+0.094%$44K$69K5xas long as short
Binance STRKUSDT+0.0100%4h0.04387+0.092%$12.7M$50.1M75xas long as short
Bybit STRKUSDT+0.0100%4h0.04380−0.068%$15.4M$21.3M50xas long as short
OKX STRK-USDT-SWAP+0.0100%4h0.04384+0.023%$4.9M$23.6M50xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate STRK_USDT+0.0100%4h0.04385+0.046%$587K$1.5M50xas long as short
MEXC STRK_USDT+0.0100%4h0.04386+0.069%$12.2M$2.3M100xas long as short
KuCoin STRKUSDTM+0.0100%4h0.04385+0.046%$1.5M$1.9M50xas long as short
Bitget STRKUSDT+0.0100%4h0.04387+0.099%$3.1M$4.1M75xas long as short
BingX STRK-USDT+0.0100%4h0.04385+0.046%$25.9Mas long as short
Backpack STRK_USDC_PERP+0.0100%1h0.04386+0.069%$25K$152K10xas long as short
Variational Omni STRK+0.0100%4h0.04386+0.065%$258K$1.8Mas long as short
GRVT STRK_USDT_Perp+0.0100%4h0.04388+0.114%$190K$3.5M10xas long as short
SunX STRK-USDT+0.0100%4h0.04490+2.442%$2K$820K20xas long as short
Extended STRK-USDlong+0.0104%1h0.04383long leg$121K$626K10x
BloFin STRK-USDT+0.0151%4h0.04386+0.069%$770K$725K75xas long as short
Deribit STRK_USDC-PERPETUAL+0.0206%1h0.04390+0.160%$8K$24K25xas long as short
Lighter STRKshort+0.0256%1h0.04396+0.297%$271K$542K5x
Kraken Futures PF_STRKUSD+0.0338%1h0.04395+0.284%$468K$490K20xas long as short