Funding arb · Price arb /

STRK

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%

Price spread now: OKX against Extended−0.023%7-day average +0.127% · you buy dearer than you sell

Net, funding: paid 7d − costs−$77as in the Funding arb table

Net, price: spread back to 7d avg − costs−$91as in the Price arb table

costs, in and out, $10k−$760.759% of the position

Long on Extended Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.010%−$1 on $10k

Price spread, last 4 days (all we have)+0.133%+$13 · spread now −0.023%, 7d avg +0.127%

Together, before fees+0.123%+ Points / potential airdropExtended: Active · farm board+$12 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: OKX is 0.150% cheaper against Extended than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of +0.127%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended STRK-USD	0.04418	0.0104	pay 0.0013% / 1h	34m 04s	$123K	$626K	10x
Short	OKX STRK-USDT-SWAP	0.04417	0.0100	get 0.0050% / 4h	2h 34m	$4.9M	$23.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.023%Rate

Funding earned: −$0.84
Price spread: −0.023% → +0.127%: −$14.99
Slippage, 4 orders: −$60.91
Fee Extended: 2.5 bp × 2 orders: −$5
Fee OKX: 5 bp × 2 orders: −$10
Net: −$91.74
Costs to cover: 0.759%
Break-even: never at this rate

Slippage from Extended: live order book, 54 min ago; OKX: live order book, 4 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, 54 min ago	6.76 bp	21.3 bp −$21	172.3 bp −$1,723	doesn't fit	doesn't fit
Sell OKX live order book, 4 min ago	2.27 bp	14.7 bp −$15	164.4 bp −$1,644	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	−0.0352%	1h	0.04374	−0.996%	$63K	$90K	25x	as long as short
dYdX STRK-USD	0.0000%	1h	0.04436	+0.403%	$21K	$24K	5x	as long as short
Injective STRK/USDC PERP	+0.0033%	1h	0.05070	+14.757%	$3K	$38K	5.5x	as long as short
Paradex STRK-USD-PERP	+0.0100%	8h	0.04429	+0.246%	$8K	$144	20x	as long as short
Hyperliquid STRK	+0.0100%	1h	0.04423	+0.113%	$15.2M	$7.3M	5x	as long as short
Aster STRKUSDT	+0.0100%	4h	0.04425	+0.163%	$35K	$374K	10x	as long as short
Pacifica STRK	+0.0100%	1h	0.04430	+0.271%	$44K	$69K	5x	as long as short
Binance STRKUSDT	+0.0100%	4h	0.04418	+0.009%	$12.7M	$50.3M	75x	as long as short
Bybit STRKUSDT	+0.0100%	4h	0.04415	−0.068%	$15.5M	$21.1M	50x	as long as short
OKX STRK-USDT-SWAPshort	+0.0100%	4h	0.04417	−0.023%	$4.9M	$23.9M	50x

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate STRK_USDT	+0.0100%	4h	0.04420	+0.045%	$593K	$1.5M	50x	as long as short
MEXC STRK_USDT	+0.0100%	4h	0.04422	+0.090%	$11.7M	$2.2M	100x	as long as short
KuCoin STRKUSDTM	+0.0100%	4h	0.04420	+0.045%	$1.5M	$1.9M	50x	as long as short
Bitget STRKUSDT	+0.0100%	4h	0.04421	+0.079%	$3.1M	$4.1M	75x	as long as short
BingX STRK-USDC	+0.0100%	4h	0.04419	+0.022%	—	$726K	—	as long as short
Backpack STRK_USDC_PERP	+0.0100%	1h	0.04418	0.000%	$25K	$152K	10x	as long as short
Variational Omni STRK	+0.0100%	4h	0.04416	−0.038%	$260K	$1.6M	—	as long as short
GRVT STRK_USDT_Perp	+0.0100%	4h	0.04419	+0.022%	$190K	$3.5M	10x	as long as short
SunX STRK-USDT	+0.0100%	4h	0.04535	+2.648%	$2K	$812K	20x	as long as short
Extended STRK-USDlong	+0.0104%	1h	0.04418	long leg	$123K	$626K	10x
BloFin STRK-USDT	+0.0137%	4h	0.04436	+0.407%	$784K	$727K	75x	as long as short
Lighter STRK	+0.0168%	1h	0.04433	+0.339%	$273K	$541K	5x	as long as short
Deribit STRK_USDC-PERPETUAL	+0.0202%	1h	0.04427	+0.203%	$8K	$24K	25x	as long as short
Kraken Futures PF_STRKUSD	+0.0336%	1h	0.04430	+0.279%	$471K	$493K	20x	as long as short