Funding arb · Price arb /

STRK

all STRK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h 0.000%

Price spread now: Injective against GRVT+14.778%7-day average — · you sell dearer than you buy

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

Long on GRVT Short on Injective

What this pair did over the last

the charts below follow

Funding, last 4 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

The price spread pays, funding is against you. Injective is 14.778% dearer against GRVT than usual: you sell high and buy low (spread +14.778% now, against zero (this spread has no 7-day history yet)): +$1,478 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about years.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT STRK_USDT_Perp	0.04417	0.0100	pay 0.0050% / 4h	2h 52m	$191K	$3.5M	10x
Short	Injective STRK/USDC PERP	0.05070	0.0033	get 0.0004% / 1h	52m 27s	$3K	$38K	5.5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective 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 InjectivebpOrdersPrice spread, now +14.778%Rate

Funding earned: −$14
Price spread: +14.778% → 0.000%: $1,477.8
Slippage, 4 orders: no order book: not counted
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $1,454.78
Costs to cover: 0.090%
Break-even: from the start

Slippage unknown: GRVT: live order book, 1 min ago; Injective: 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, 1 min ago	6.81 bp	22.2 bp −$22	66.6 bp −$666	doesn't fit	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

Injective: 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	−0.0352%	1h	0.04387	−0.684%	$63K	$90K	25x	as long as short
dYdX STRK-USD	0.0000%	1h	0.04404	−0.299%	$21K	$24K	5x	as long as short
Injective STRK/USDC PERPshort	+0.0033%	1h	0.05070	+14.778%	$3K	$38K	5.5x
Paradex STRK-USD-PERP	+0.0100%	8h	0.04398	−0.425%	$8K	$144	20x	as long as short
Hyperliquid STRK	+0.0100%	1h	0.04401	−0.367%	$15.2M	$7.3M	5x	as long as short
Aster STRKUSDT	+0.0100%	4h	0.04401	−0.359%	$35K	$374K	10x	as long as short
Pacifica STRK	+0.0100%	1h	0.04403	−0.326%	$42K	$49K	5x	as long as short
Binance STRKUSDT	+0.0100%	4h	0.04398	−0.435%	$12.7M	$51.1M	75x	as long as short
Bybit STRKUSDT	+0.0100%	4h	0.04393	−0.548%	$15.4M	$21.2M	50x	as long as short
OKX STRK-USDT-SWAP	+0.0100%	4h	0.04395	−0.503%	$4.9M	$24.3M	50x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate STRK_USDT	+0.0100%	4h	0.04399	−0.413%	$592K	$1.4M	50x	as long as short
MEXC STRK_USDT	+0.0100%	4h	0.04397	−0.458%	$11.7M	$2.1M	100x	as long as short
KuCoin STRKUSDTM	+0.0100%	4h	0.04395	−0.503%	$1.5M	$2.0M	50x	as long as short
Bitget STRKUSDT	+0.0100%	4h	0.04397	−0.456%	$3.1M	$4.2M	75x	as long as short
BingX STRK-USDC	+0.0100%	4h	0.04397	−0.458%	—	$724K	—	as long as short
Backpack STRK_USDC_PERP	+0.0100%	1h	0.04401	−0.367%	$25K	$154K	10x	as long as short
Variational Omni STRK	+0.0100%	4h	0.04405	−0.266%	$260K	$1.6M	—	as long as short
GRVT STRK_USDT_Perplong	+0.0100%	4h	0.04417	long leg	$191K	$3.5M	10x
SunX STRK-USDT	+0.0100%	4h	0.04506	+2.010%	$1K	$814K	20x	as long as short
Extended STRK-USD	+0.0104%	1h	0.04394	−0.523%	$122K	$636K	10x	as long as short
BloFin STRK-USDT	+0.0122%	4h	0.04401	−0.367%	$777K	$729K	75x	as long as short
Kraken Futures PF_STRKUSD	+0.0337%	1h	0.04412	−0.112%	$470K	$506K	20x	as long as short
Lighter STRK	+0.0352%	1h	0.04411	−0.141%	$272K	$541K	5x	as long as short
Deribit STRK_USDC-PERPETUAL	+0.0431%	1h	0.04408	−0.209%	$8K	$24K	25x	as long as short