Funding arb · Price arb /

STRK

all STRK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.020%

Price spread now: Aster against GRVT−0.130%70s7-day average −0.228% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1501.500% of the position

Long on GRVT Short on Aster

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)+0.002%$0 on $10k

Price spread, last 4 days (all we have)−3.104%−$310 · spread now −0.130%, 7d avg −0.228%

Together, before fees−3.101%+ Points / potential airdropGRVT: Active · Aster: Stage 5 · farm board−$310 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: Aster is 0.098% dearer against GRVT than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.228%. The two prices were read 70 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT STRK_USDT_Perp	0.04334	0.0100	pay 0.0050% / 4h	2h 10m	$185K	$3.6M	10x
Short	Aster STRKUSDT	0.04329	0.0100	get 0.0050% / 4h	2h 10m	$33K	$328K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against GRVT. 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 GRVTbpFee AsterbpOrdersPrice spread, now −0.130%Rate

Funding earned: $0
Price spread: −0.130% → −0.228%: $9.76
Slippage, 4 orders: −$133
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Aster: 4 bp × 2 orders: −$8
Net: −$140.24
Costs to cover: 1.500%
Break-even: never at this rate

Slippage from GRVT: live order book, 4 min ago; Aster: live order book, 57 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 GRVT live order book, 4 min ago	8.08 bp	54.3 bp −$54	5135.0 bp −$51.3K	doesn't fit	doesn't fit
Sell Aster live order book, 57 min ago	16.07 bp	31.4 bp −$31	doesn't fit	doesn't fit	doesn't fit

STRK on 23 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	0.04277	−1.324%	$60K	$86K	25x	as long as short
Kraken Futures PF_STRKUSD	−0.0305%	1h	0.04326	−0.184%	$454K	$535K	20x	as long as short
dYdX STRK-USD	0.0000%	1h	0.04329	−0.121%	$20K	$24K	5x	as long as short
Injective STRK/USDC PERP	+0.0033%	1h	0.05070	+16.971%	$3K	$38K	5.5x	as long as short
Paradex STRK-USD-PERP	+0.0100%	8h	0.04326	−0.199%	$8K	$144	20x	as long as short
Hyperliquid STRK	+0.0100%	1h	0.04328	−0.148%	$14.6M	$7.1M	5x	as long as short
Aster STRKUSDTshort	+0.0100%	4h	0.04329	−0.130%	$33K	$328K	10x
Pacifica STRK	+0.0100%	1h	0.04330	−0.094%	$43K	$69K	5x	as long as short
Binance STRKUSDT	+0.0100%	4h	0.04323	−0.259%	$12.3M	$47.0M	75x	as long as short
Bybit STRKUSDT	+0.0100%	4h	0.04321	−0.309%	$15.0M	$21.0M	50x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX STRK-USDT-SWAP	+0.0100%	4h	0.04324	−0.240%	$4.7M	$21.5M	50x	as long as short
Gate STRK_USDT	+0.0100%	4h	0.04324	−0.240%	$588K	$1.4M	50x	as long as short
MEXC STRK_USDT	+0.0100%	4h	0.04324	−0.240%	$12.2M	$2.2M	100x	as long as short
KuCoin STRKUSDTM	+0.0100%	4h	0.04325	−0.217%	$1.5M	$1.8M	50x	as long as short
Bitget STRKUSDT	+0.0100%	4h	0.04325	−0.212%	$3.0M	$3.8M	75x	as long as short
BingX STRK-USDT	+0.0100%	4h	0.04324	−0.240%	—	$26.3M	—	as long as short
Backpack STRK_USDC_PERP	+0.0100%	1h	0.04335	+0.014%	$24K	$146K	10x	as long as short
Variational Omni STRK	+0.0100%	4h	0.04332	−0.061%	$368K	$2.0M	—	as long as short
GRVT STRK_USDT_Perplong	+0.0100%	4h	0.04334	long leg	$185K	$3.6M	10x
SunX STRK-USDT	+0.0100%	4h	0.04426	+2.113%	$1K	$839K	20x	as long as short
Extended STRK-USD	+0.0104%	1h	0.04323	−0.265%	$121K	$660K	10x	as long as short
Deribit STRK_USDC-PERPETUAL	+0.0212%	1h	0.04329	−0.124%	$8K	$44K	25x	as long as short
Lighter STRK	+0.0216%	1h	0.04336	+0.037%	$265K	$507K	5x	as long as short