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

STRK

all STRK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0233%/8h= +25.5% APRpaid last 24h +0.005%
Price spread now: Kraken Futures against GRVT+0.051%75s7-day average +0.291% · you sell dearer than you buy
Net, funding: paid 7d − costs+$20as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1291.289% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+1.486%+$149 on $10k
Price spread, last 4 days (all we have)+1.347%+$135 · spread now +0.051%, 7d avg +0.291%
Together, before fees+2.833%+ Points / potential airdropGRVT: Active · farm board+$283 on $10k · with fees, hour by hour
Funding pays, the price is against you. Kraken Futures is 0.240% cheaper against GRVT than usual: you would sell low and buy high (spread +0.051% now, against its 7-day average of +0.291%). If the spread goes back, that is −$24 on $10k: about 3.4 days of funding at the current rate (+$7 a day). At the pace of the last 7 days (+1.486% in total) that is about 27 hours. The two prices were read 75 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT STRK_USDT_Perp0.043330.0100pay 0.0050% / 4h41m 49s$184K$3.5M10x
ShortKraken Futures PF_STRKUSD0.043350.0333get 0.0042% / 1h41m 49s$452K$545K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
$48.86
Price spread: +0.051% → +0.291%
−$24
Slippage, 4 orders
−$109.91
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$104.05
Costs to cover
1.289%
Break-even
21.9 days
Slippage from GRVT: live order book, 2 min ago; Kraken Futures: live order book, 61 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, 2 min ago5.77 bp25.4 bp −$25174.3 bp −$1,743doesn't fitdoesn't fit
Sell Kraken Futures live order book, 61 min ago16.12 bp25.8 bp −$26404.0 bp −$4,040doesn'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−0.1224%1h0.04271−1.431%$70K$87K25xas long as short
dYdX STRK-USD0.0000%1h0.04333+0.002%$20K$24K5xas long as short
Injective STRK/USDC PERP+0.0033%1h0.05070+17.009%$3K$38K5.5xas long as short
Lighter STRK+0.0096%1h0.04340+0.162%$258K$440K5xas long as short
Paradex STRK-USD-PERP+0.0100%8h0.04329−0.091%$8K$14420xas long as short
Hyperliquid STRK+0.0100%1h0.04337+0.092%$14.3M$5.9M5xas long as short
Aster STRKUSDT+0.0100%4h0.04332−0.020%$33K$227K10xas long as short
Pacifica STRK+0.0100%1h0.04333+0.007%$43K$65K5xas long as short
Binance STRKUSDT+0.0100%4h0.04332−0.023%$12.3M$43.8M75xas long as short
Bybit STRKUSDT+0.0100%4h0.04331−0.046%$15.1M$20.0M50xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX STRK-USDT-SWAP+0.0100%4h0.043330.000%$4.7M$18.8M50xas long as short
Gate STRK_USDT+0.0100%4h0.04330−0.069%$578K$1.4M50xas long as short
MEXC STRK_USDT+0.0100%4h0.043330.000%$11.5M$2.1M100xas long as short
KuCoin STRKUSDTM+0.0100%4h0.04334+0.023%$1.5M$1.8M50xas long as short
Bitget STRKUSDT+0.0100%4h0.04332−0.021%$3.0M$3.7M75xas long as short
BingX STRK-USDC+0.0100%4h0.043330.000%$734Kas long as short
Backpack STRK_USDC_PERP+0.0100%1h0.04334+0.023%$29K$144K10xas long as short
Variational Omni STRK+0.0100%4h0.04337+0.084%$426K$1.9Mas long as short
GRVT STRK_USDT_Perplong+0.0100%4h0.04333long leg$184K$3.5M10x
SunX STRK-USDT+0.0100%4h0.04435+2.354%$1K$880K20xas long as short
Extended STRK-USD+0.0104%1h0.04331−0.038%$120K$881K10xas long as short
Deribit STRK_USDC-PERPETUAL+0.0211%1h0.04337+0.092%$8K$43K25xas long as short
Kraken Futures PF_STRKUSDshort+0.0333%1h0.04335+0.051%$452K$545K20x
BloFin STRK-USDT+0.0340%4h0.04330−0.069%$670K$775K75xas long as short