Funding arb · Price arb /

STRK

all STRK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0684%/8h= −74.9% APRpaid last 24h −0.277%

Price spread now: Coinbase International against GRVT−0.339%7-day average — · you buy dearer than you sell

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

Long on GRVT Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days−1.012%−$101 on $10k

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

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

Both sides work against this trade now: funding costs −$21 a day on $10k at the current rate, and Coinbase International is 0.339% cheaper against GRVT than usual: you would sell low and buy high (−$34 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT STRK_USDT_Perp	0.04398	0.0100	pay 0.0050% / 4h	30m 52s	$193K	$3.6M	10x
Short	Coinbase International STRK-PERP-INTX	0.04383	−0.0584	pay 0.0073% / 1h	30m 52s	$62K	$96K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International 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 Coinbase InternationalbpOrdersPrice spread, now −0.339%Rate

Funding earned: −$143.64
Price spread: −0.339% → 0.000%: −$33.92
Slippage, 4 orders: no order book: not counted
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$196.56
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: GRVT: live order book, 3 min ago; Coinbase International: 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 GRVT live order book, 3 min ago	4.55 bp	19.1 bp −$19	78.6 bp −$786	doesn't fit	doesn't fit
Sell Coinbase International no order-book sample	—	—	—	—	—

Coinbase International: 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-INTXshort	−0.0584%	1h	0.04383	−0.339%	$62K	$96K	25x
dYdX STRK-USD	+0.0001%	1h	0.04400	+0.054%	$21K	$24K	5x	as long as short
Injective STRK/USDC PERP	+0.0033%	1h	0.05070	+15.282%	$3K	$38K	5.5x	as long as short
BloFin STRK-USDT	+0.0098%	4h	0.04396	−0.044%	$744K	$729K	75x	as long as short
Paradex STRK-USD-PERP	+0.0100%	8h	0.04396	−0.052%	$8K	$144	20x	as long as short
Hyperliquid STRK	+0.0100%	1h	0.04403	+0.116%	$15.0M	$7.5M	5x	as long as short
Aster STRKUSDT	+0.0100%	4h	0.04399	+0.021%	$34K	$350K	10x	as long as short
Pacifica STRK	+0.0100%	1h	0.04400	+0.045%	$44K	$69K	5x	as long as short
Binance STRKUSDT	+0.0100%	4h	0.04396	−0.040%	$12.6M	$49.7M	75x	as long as short
Bybit STRKUSDT	+0.0100%	4h	0.04395	−0.066%	$15.6M	$21.4M	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	0.04394	−0.089%	$4.9M	$23.4M	50x	as long as short
Gate STRK_USDT	+0.0100%	4h	0.04397	−0.021%	$589K	$1.4M	50x	as long as short
MEXC STRK_USDT	+0.0100%	4h	0.04397	−0.021%	$12.3M	$2.1M	100x	as long as short
KuCoin STRKUSDTM	+0.0100%	4h	0.04398	+0.002%	$1.5M	$1.9M	50x	as long as short
Bitget STRKUSDT	+0.0100%	4h	0.04394	−0.085%	$3.1M	$4.1M	75x	as long as short
BingX STRK-USDC	+0.0100%	4h	0.04395	−0.066%	—	$721K	—	as long as short
Variational Omni STRK	+0.0100%	4h	0.04393	−0.112%	$355K	$2.0M	—	as long as short
GRVT STRK_USDT_Perplong	+0.0100%	4h	0.04398	long leg	$193K	$3.6M	10x
SunX STRK-USDT	+0.0100%	4h	0.04500	+2.321%	$2K	$834K	20x	as long as short
Extended STRK-USD	+0.0104%	1h	0.04393	−0.117%	$122K	$625K	10x	as long as short
Backpack STRK_USDC_PERP	+0.0108%	1h	0.04396	−0.044%	$25K	$148K	10x	as long as short
Kraken Futures PF_STRKUSD	+0.0503%	1h	0.04398	−0.004%	$471K	$512K	20x	as long as short
Lighter STRK	+0.0720%	1h	0.04409	+0.252%	$272K	$506K	5x	as long as short
Deribit STRK_USDC-PERPETUAL	+0.0887%	1h	0.04402	+0.093%	$2K	$34K	25x	as long as short