Funding arb · Price arb /

STRK

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Paradex against GRVT−0.135%51s7-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 Paradex

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 · Paradex: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Paradex is 0.135% cheaper against GRVT than usual: you would sell low and buy high, −$13 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT STRK_USDT_Perp	0.04322	0.0100	pay 0.0050% / 4h	1h 40m	$187K	$3.5M	10x
Short	Paradex STRK-USD-PERP	0.04316	0.0100	get 0.0100% / 8h	5h 40m	$8K	$144	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex 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 ParadexbpOrdersPrice spread, now −0.135%Rate

Funding earned: −$0.02
Price spread: −0.135% → 0.000%: −$13.49
Slippage, 4 orders: no order book: not counted
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$26.51
Costs to cover: 0.130%
Break-even: never at this rate

Slippage unknown: GRVT: live order book, 3 min ago; Paradex: 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	4.63 bp	30.1 bp −$30	258.9 bp −$2,589	doesn't fit	doesn't fit
Sell Paradex no order-book sample	—	—	—	—	—

Paradex: 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	−0.0952%	1h	0.04280	−0.966%	$60K	$86K	25x	as long as short
Kraken Futures PF_STRKUSD	−0.0370%	1h	0.04313	−0.204%	$453K	$529K	20x	as long as short
dYdX STRK-USD	0.0000%	1h	0.04316	−0.140%	$20K	$24K	5x	as long as short
Injective STRK/USDC PERP	+0.0033%	1h	0.05070	+17.314%	$3K	$38K	5.5x	as long as short
Lighter STRK	+0.0096%	1h	0.04322	+0.006%	$264K	$503K	5x	as long as short
Paradex STRK-USD-PERPshort	+0.0100%	8h	0.04316	−0.135%	$8K	$144	20x
Hyperliquid STRK	+0.0100%	1h	0.04316	−0.133%	$14.6M	$7.0M	5x	as long as short
Aster STRKUSDT	+0.0100%	4h	0.04315	−0.155%	$33K	$328K	10x	as long as short
Pacifica STRK	+0.0100%	1h	0.04317	−0.119%	$43K	$69K	5x	as long as short
Binance STRKUSDT	+0.0100%	4h	0.04314	−0.174%	$12.3M	$46.2M	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	0.04311	−0.248%	$15.0M	$20.8M	50x	as long as short
OKX STRK-USDT-SWAP	+0.0100%	4h	0.04317	−0.109%	$4.7M	$20.8M	50x	as long as short
Gate STRK_USDT	+0.0100%	4h	0.04314	−0.179%	$579K	$1.3M	50x	as long as short
MEXC STRK_USDT	+0.0100%	4h	0.04317	−0.109%	$12.2M	$2.0M	100x	as long as short
KuCoin STRKUSDTM	+0.0100%	4h	0.04313	−0.202%	$1.5M	$1.8M	50x	as long as short
Bitget STRKUSDT	+0.0100%	4h	0.04317	−0.119%	$3.0M	$3.7M	75x	as long as short
BingX STRK-USDC	+0.0100%	4h	0.04316	−0.133%	—	$727K	—	as long as short
Backpack STRK_USDC_PERP	+0.0100%	1h	0.04314	−0.179%	$24K	$137K	10x	as long as short
Variational Omni STRK	+0.0100%	4h	0.04310	−0.279%	$387K	$2.1M	—	as long as short
GRVT STRK_USDT_Perplong	+0.0100%	4h	0.04322	long leg	$187K	$3.5M	10x
SunX STRK-USDT	+0.0100%	4h	0.04412	+2.089%	$2K	$835K	20x	as long as short
Extended STRK-USD	+0.0104%	1h	0.04316	−0.144%	$119K	$665K	10x	as long as short
BloFin STRK-USDT	+0.0340%	4h	0.04308	−0.318%	$756K	$828K	75x	as long as short
Deribit STRK_USDC-PERPETUAL	+0.0446%	1h	0.04316	−0.133%	$8K	$44K	25x	as long as short