Funding arb · Price arb /

STRK

all STRK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h +0.135%

Price spread now: dYdX against GRVT−0.050%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 dYdX

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)—no history yet

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 −$3 a day on $10k at the current rate, and dYdX is 0.050% cheaper against GRVT than usual: you would sell low and buy high (−$5 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	0.04273	0.0100	pay 0.0050% / 4h	1h 59m	$182K	$3.5M	10x
Short	dYdX STRK-USD	0.04271	0	get 0.0000% / 1h	59m 22s	$20K	$24K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX 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 dYdXbpOrdersPrice spread, now −0.050%Rate

Funding earned: −$21
Price spread: −0.050% → 0.000%: −$4.99
Slippage, 4 orders: no order book: not counted
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$44.99
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: GRVT: live order book, 4 min ago; dYdX: 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, 4 min ago	8.20 bp	20.0 bp −$20	93.2 bp −$932	doesn't fit	doesn't fit
Sell dYdX no order-book sample	—	—	—	—	—

dYdX: 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-INTX	−0.0904%	1h	0.04263	−0.229%	$70K	$102K	25x	as long as short
Kraken Futures PF_STRKUSD	−0.0191%	1h	0.04270	−0.069%	$441K	$595K	20x	as long as short
dYdX STRK-USDshort	0.0000%	1h	0.04271	−0.050%	$20K	$24K	5x
Injective STRK/USDC PERP	+0.0033%	1h	0.05070	+18.658%	$3K	$38K	5.5x	as long as short
Lighter STRK	+0.0096%	1h	0.04279	+0.146%	$255K	$442K	5x	as long as short
Paradex STRK-USD-PERP	+0.0099%	8h	0.04271	−0.049%	$8K	$144	20x	as long as short
Hyperliquid STRK	+0.0100%	1h	0.04275	+0.052%	$14.1M	$6.2M	5x	as long as short
Aster STRKUSDT	+0.0100%	4h	0.04270	−0.069%	$33K	$229K	10x	as long as short
Pacifica STRK	+0.0100%	1h	0.04271	−0.037%	$42K	$69K	5x	as long as short
Binance STRKUSDT	+0.0100%	4h	0.04271	−0.040%	$12.0M	$44.4M	75x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit STRKUSDT	+0.0100%	4h	0.04268	−0.112%	$14.9M	$20.1M	50x	as long as short
OKX STRK-USDT-SWAP	+0.0100%	4h	0.04275	+0.052%	$4.6M	$19.1M	50x	as long as short
Gate STRK_USDT	+0.0100%	4h	0.04270	−0.065%	$576K	$1.4M	50x	as long as short
MEXC STRK_USDT	+0.0100%	4h	0.04271	−0.042%	$11.4M	$2.1M	100x	as long as short
KuCoin STRKUSDTM	+0.0100%	4h	0.04274	+0.029%	$1.5M	$1.8M	50x	as long as short
Bitget STRKUSDT	+0.0100%	4h	0.04274	+0.024%	$3.0M	$3.9M	75x	as long as short
BingX STRK-USDC	+0.0100%	4h	0.04269	−0.088%	—	$729K	—	as long as short
Backpack STRK_USDC_PERP	+0.0100%	1h	0.04265	−0.182%	$27K	$145K	10x	as long as short
Variational Omni STRK	+0.0100%	4h	0.04269	−0.095%	$415K	$1.9M	—	as long as short
GRVT STRK_USDT_Perplong	+0.0100%	4h	0.04273	long leg	$182K	$3.5M	10x
SunX STRK-USDT	+0.0100%	4h	0.04371	+2.299%	$1K	$869K	20x	as long as short
Extended STRK-USD	+0.0104%	1h	0.04270	−0.059%	$120K	$472K	10x	as long as short
Deribit STRK_USDC-PERPETUAL	+0.0219%	1h	0.04270	−0.065%	$8K	$43K	25x	as long as short
BloFin STRK-USDT	+0.0340%	4h	0.04270	−0.065%	$681K	$763K	75x	as long as short