Funding arb · Price arb /

STRK

all STRK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%

Price spread now: Variational Omni against Extended+0.036%7-day average +0.142% · you sell dearer than you buy

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

Long on Extended Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.004%$0 on $10k

Price spread, last 4 days (all we have)+3.716%+$372 · spread now +0.036%, 7d avg +0.142%

Together, before fees+3.712%+ Points / potential airdropExtended: Active · Variational Omni: Active · farm board+$371 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: Variational Omni is 0.106% cheaper against Extended than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of +0.142%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended STRK-USD	0.04299	0.0104	pay 0.0013% / 1h	55m 10s	$119K	$663K	10x
Short	Variational Omni STRK	0.04301	0.0100	get 0.0050% / 4h	2h 55m	$349K	$2.0M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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 Variational OmnibpOrdersPrice spread, now +0.036%Rate

Funding earned: −$0.84
Price spread: +0.036% → +0.142%: −$10.62
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$16.46
Costs to cover: 0.050%
Break-even: never at this rate

Slippage unknown: Extended: live order book, 13 min ago; Variational Omni: RFQ quote, 4 min ago. 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, 13 min ago	4.59 bp	19.7 bp −$20	124.8 bp −$1,248	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 4 min ago	4.64 bp	doesn't fit	44.1 bp −$441	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	−0.0560%	1h	0.04294	−0.123%	$60K	$92K	25x	as long as short
Kraken Futures PF_STRKUSD	−0.0307%	1h	0.04304	+0.098%	$456K	$529K	20x	as long as short
dYdX STRK-USD	0.0000%	1h	0.04305	+0.127%	$20K	$24K	5x	as long as short
Injective STRK/USDC PERP	+0.0033%	1h	0.05070	+17.926%	$3K	$38K	5.5x	as long as short
Paradex STRK-USD-PERP	+0.0100%	8h	0.04306	+0.155%	$8K	$144	20x	as long as short
Hyperliquid STRK	+0.0100%	1h	0.04308	+0.203%	$14.6M	$7.3M	5x	as long as short
Aster STRKUSDT	+0.0100%	4h	0.04303	+0.097%	$33K	$328K	10x	as long as short
Pacifica STRK	+0.0100%	1h	0.04307	+0.179%	$43K	$69K	5x	as long as short
Binance STRKUSDT	+0.0100%	4h	0.04303	+0.077%	$12.2M	$48.7M	75x	as long as short
Bybit STRKUSDT	+0.0100%	4h	0.04301	+0.040%	$15.0M	$21.5M	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	0.04304	+0.110%	$4.7M	$22.3M	50x	as long as short
Gate STRK_USDT	+0.0100%	4h	0.04300	+0.017%	$576K	$1.3M	50x	as long as short
MEXC STRK_USDT	+0.0100%	4h	0.04300	+0.017%	$12.2M	$2.2M	100x	as long as short
KuCoin STRKUSDTM	+0.0100%	4h	0.04304	+0.110%	$1.5M	$1.9M	50x	as long as short
Bitget STRKUSDT	+0.0100%	4h	0.04299	+0.003%	$3.0M	$4.0M	75x	as long as short
BingX STRK-USDT	+0.0100%	4h	0.04300	+0.017%	—	$26.4M	—	as long as short
Backpack STRK_USDC_PERP	+0.0100%	1h	0.04301	+0.040%	$23K	$148K	10x	as long as short
Variational Omni STRKshort	+0.0100%	4h	0.04301	+0.036%	$349K	$2.0M	—
GRVT STRK_USDT_Perp	+0.0100%	4h	0.04309	+0.226%	$192K	$3.6M	10x	as long as short
SunX STRK-USDT	+0.0100%	4h	0.04403	+2.412%	$2K	$847K	20x	as long as short
Extended STRK-USDlong	+0.0104%	1h	0.04299	long leg	$119K	$663K	10x
BloFin STRK-USDT	+0.0340%	4h	0.04306	+0.156%	$743K	$820K	75x	as long as short
Lighter STRK	+0.0344%	1h	0.04312	+0.296%	$262K	$503K	5x	as long as short
Deribit STRK_USDC-PERPETUAL	+0.0680%	1h	0.04306	+0.156%	$8K	$44K	25x	as long as short