Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.04187 | +0.0072 | pay 0.0009% / 1h | 55m 36s | $191K | $1.3M | 10x | Long Extended10% off | |
| SHORT | 0.04189 | +0.0006 | get 0.0001% / 1h | 55m 36s | $49K | $196K | 5x | Short RISExInvite |
Price gap+0.046%
Funding gap−0.0066% /8h
Both sides work against this direction now: funding costs $2 a day on $10k and the gap is 0.035% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$12−0.0066% /8h now · paid −0.116% over the last 7D
Price−$3spread +0.046% now, avg +0.081% → −0.035% if it goes back
Costs−$500.498% of $10k · taker + slippage, in and out
Result−$65−0.65%+ Points / potential airdropExtended: points · farm boardWhat the last 7D really paid, hour by hour → backtest
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.046%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hSTRK on 30 exchanges
lowest funding firstBefore you open
3 ok · 3 to watch- Watch: Large against open interest10.6 / 13.9 bp$10k is over 10% of RISEx’s open interest.
- Note: Margin at max leverage$1,000 + $2,000Extended 10x, RISEx 5x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval1h / 1hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: −$1.97Long Extended: 24 payments, −$2.16; short RISEx: 24 payments, +$0.19.
- Watch: Gap narrower than usual+0.046% vs +0.081%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$49K vs $191K OIRISEx sets your exit cost. Check its book before closing.
- OK: Points on a legExtended pointsVolume here counts toward the points program.
- OK: No KYC on either legExtended No · RISEx NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0055%/8h × 21 periods−$11.56
Price spread+0.046% → +0.081% (7d avg)−$3.49
Slippage, 4 orderslive order books−$38.79
Fee Extended bp × 2 orders−$5.00
Fee RISEx bp × 2 orders−$6.00
Net · 7 days · $10k−$64.84
Costs to cover0.498%Break-evennever at this rate
Slippage: Extended: live order book, 2 min ago; RISEx: live order book, 57 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGExtended2.3810.6 bp−$1148.7 bp−$487doesn’t fitdoesn’t fit
SELL · SHORTRISEx10.8713.9 bp−$14104.6 bp−$1,046doesn’t fitdoesn’t fit
Closing costs about the same again.
| 10-19 15:43 | Orderly | Other | 2 more Perp Anything markets just hit the order book $STRK - Starknet $ICP - Internet Computer Long or short both across 500+ Orderly-powered DEXs. @OrderlyNetwork on X ↗ |
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| 10-15 11:48 | Arcus | Listing | $STRK perpetuals are now live on Arcus. Up to 5x leverage. @arcus_xyz on X ↗ |


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