Funding arb · Price arb /

STRK

all STRK markets

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: Paradex against Extended+0.031%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Extended Short on Paradex

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropExtended: Active · Paradex: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Paradex is 0.031% dearer against Extended than usual: you sell high and buy low, +$3 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended STRK-USD	0.04415	0.0104	pay 0.0013% / 1h	31m 44s	$122K	$626K	10x
Short	Paradex STRK-USD-PERP	0.04416	0.0100	get 0.0100% / 8h	2h 31m	$8K	$144	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex 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 ParadexbpOrdersPrice spread, now +0.031%Rate

Funding earned: −$0.86
Price spread: +0.031% → 0.000%: $3.13
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$6.73
Costs to cover: 0.090%
Break-even: never at this rate

Slippage unknown: Extended: live order book, 56 min ago; Paradex: no order-book sample. Net counts fees only.

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, 56 min ago	6.76 bp	21.3 bp −$21	172.3 bp −$1,723	doesn't fit	doesn't fit
Sell Paradex no order-book sample	—	—	—	—	—

Paradex: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.923%	$63K	$90K	25x	as long as short
dYdX STRK-USD	0.0000%	1h	0.04415	+0.001%	$21K	$24K	5x	as long as short
Injective STRK/USDC PERP	+0.0033%	1h	0.05070	+14.842%	$3K	$38K	5.5x	as long as short
BloFin STRK-USDT	+0.0061%	4h	0.04424	+0.209%	$781K	$725K	75x	as long as short
Paradex STRK-USD-PERPshort	+0.0100%	8h	0.04416	+0.031%	$8K	$144	20x
Hyperliquid STRK	+0.0100%	1h	0.04421	+0.141%	$15.2M	$7.3M	5x	as long as short
Aster STRKUSDT	+0.0100%	4h	0.04419	+0.089%	$35K	$374K	10x	as long as short
Pacifica STRK	+0.0100%	1h	0.04418	+0.076%	$44K	$69K	5x	as long as short
Binance STRKUSDT	+0.0100%	4h	0.04417	+0.051%	$12.7M	$50.3M	75x	as long as short
Bybit STRKUSDT	+0.0100%	4h	0.04413	−0.040%	$15.5M	$21.1M	50x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX STRK-USDT-SWAP	+0.0100%	4h	0.04415	+0.005%	$4.9M	$23.8M	50x	as long as short
Gate STRK_USDT	+0.0100%	4h	0.04416	+0.028%	$593K	$1.5M	50x	as long as short
MEXC STRK_USDT	+0.0100%	4h	0.04417	+0.051%	$11.7M	$2.2M	100x	as long as short
KuCoin STRKUSDTM	+0.0100%	4h	0.04415	+0.005%	$1.5M	$1.9M	50x	as long as short
Bitget STRKUSDT	+0.0100%	4h	0.04416	+0.021%	$3.1M	$4.1M	75x	as long as short
BingX STRK-USDT	+0.0100%	4h	0.04414	−0.017%	—	$25.9M	—	as long as short
Backpack STRK_USDC_PERP	+0.0100%	1h	0.04416	+0.028%	$25K	$152K	10x	as long as short
Variational Omni STRK	+0.0100%	4h	0.04416	+0.036%	$260K	$1.6M	—	as long as short
GRVT STRK_USDT_Perp	+0.0100%	4h	0.04431	+0.368%	$191K	$3.5M	10x	as long as short
SunX STRK-USDT	+0.0100%	4h	0.04518	+2.338%	$1K	$813K	20x	as long as short
Extended STRK-USDlong	+0.0104%	1h	0.04415	long leg	$122K	$626K	10x
Lighter STRK	+0.0168%	1h	0.04427	+0.277%	$273K	$541K	5x	as long as short
Deribit STRK_USDC-PERPETUAL	+0.0203%	1h	0.04421	+0.141%	$8K	$24K	25x	as long as short
Kraken Futures PF_STRKUSD	+0.0336%	1h	0.04429	+0.331%	$471K	$493K	20x	as long as short