Settings8H · net · $10k
Funding arb · Price arb /

STRK

all STRK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.022%
Price spread now: BloFin against GRVT+0.123%7-day average +0.160% · you sell dearer than you buy
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costs−$84as in the Price arb table
costs, in and out, $10k−$800.800% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.092%+$9 on $10k
Price spread, last 4 days (all we have)+4.149%+$415 · spread now +0.123%, 7d avg +0.160%
Together, before fees+4.241%+ Points / potential airdropGRVT: Active · farm board+$424 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.037% cheaper against GRVT than usual: you would sell low and buy high (spread +0.123% now, against its 7-day average of +0.160%). If the spread goes back, that is −$4 on $10k: about 12 hours of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.092% in total) that is about 2.8 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.092% in total (about 4.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.20 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT STRK_USDT_Perp0.043190.0100pay 0.0050% / 4h0m 55s$186K$3.5M10x
ShortBloFin STRK-USDT0.043240.0340get 0.0170% / 4h0m 55s$764K$788K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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

Funding earned
$50.4
Price spread: +0.123% → +0.160%
−$3.7
Slippage, 4 orders
−$59.03
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$33.33
Costs to cover
0.800%
Break-even
11.6 days
Slippage from GRVT: live order book, 3 min ago; BloFin: live order book, 36 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy GRVT live order book, 3 min ago5.79 bp25.6 bp −$2692.8 bp −$928doesn't fitdoesn't fit
Sell BloFin live order book, 36 min ago6.98 bp17.2 bp −$1729.9 bp −$299doesn't fitdoesn't fit

STRK on 24 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International STRK-PERP-INTX−0.0976%1h0.04303−0.363%$75K$98K25xas long as short
Kraken Futures PF_STRKUSD−0.0136%1h0.04326+0.167%$459K$548K20xas long as short
dYdX STRK-USD0.0000%1h0.04322+0.082%$20K$24K5xas long as short
Injective STRK/USDC PERP+0.0033%1h0.05070+17.396%$3K$38K5.5xas long as short
Lighter STRK+0.0096%1h0.04334+0.354%$264K$502K5xas long as short
Paradex STRK-USD-PERP+0.0100%8h0.04323+0.096%$8K$14420xas long as short
Hyperliquid STRK+0.0100%1h0.04332+0.308%$14.6M$6.3M5xas long as short
Aster STRKUSDT+0.0100%4h0.04327+0.199%$33K$229K10xas long as short
Pacifica STRK+0.0100%1h0.04324+0.123%$43K$69K5xas long as short
Binance STRKUSDT+0.0100%4h0.04328+0.205%$12.4M$44.6M75xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit STRKUSDT+0.0100%4h0.04323+0.100%$15.2M$20.1M50xas long as short
OKX STRK-USDT-SWAP+0.0100%4h0.04327+0.192%$4.7M$19.8M50xas long as short
Gate STRK_USDT+0.0100%4h0.04323+0.100%$567K$1.4M50xas long as short
MEXC STRK_USDT+0.0100%4h0.04327+0.192%$12.2M$2.0M100xas long as short
KuCoin STRKUSDTM+0.0100%4h0.04327+0.192%$1.5M$1.8M50xas long as short
Bitget STRKUSDT+0.0100%4h0.04324+0.132%$3.1M$3.7M75xas long as short
BingX STRK-USDC+0.0100%4h0.04326+0.169%$728Kas long as short
Backpack STRK_USDC_PERP+0.0100%1h0.04326+0.169%$30K$143K10xas long as short
Variational Omni STRK+0.0100%4h0.04320+0.024%$429K$1.9Mas long as short
GRVT STRK_USDT_Perplong+0.0100%4h0.04319long leg$186K$3.5M10x
SunX STRK-USDT+0.0100%4h0.04425+2.461%$1K$844K20xas long as short
Extended STRK-USD+0.0104%1h0.04324+0.130%$121K$659K10xas long as short
Deribit STRK_USDC-PERPETUAL+0.0212%1h0.04328+0.215%$8K$44K25xas long as short
BloFin STRK-USDTshort+0.0340%4h0.04324+0.123%$764K$788K75x