STRK

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.010%

Price spread now: Backpack against Hyperliquid−0.116%7-day average −0.106% · you buy dearer than you sell

Net, funding: paid 7d − costs−$32as in the Funding arb table

Net, price: spread back to 7d avg − costs−$69as in the Price arb table

costs, in and out, $10k−$680.685% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.360%+$36 on $10k

Price spread, last 4 days (all we have)−0.133%−$13 · spread now −0.116%, 7d avg −0.106%

Together, before fees+0.227%+ Points / potential airdropHyperliquid: Season 2 · farm board+$23 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid STRK	0.04319	0.0100	pay 0.0013% / 1h	53m 06s	$14.6M	$7.2M	5x
Short	Backpack STRK_USDC_PERP	0.04314	0.0100	get 0.0013% / 1h	53m 06s	$23K	$148K	10x

Funding history

latest

Range statsloading…

Backpack against Hyperliquid. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee HyperliquidbpFee BackpackbpOrdersPrice spread, now −0.116%Rate

Slippage from Hyperliquid: live order book, 10 min ago; Backpack: live order book, 15 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Hyperliquid live order book, 10 min ago	3.45 bp	10.1 bp −$10	39.6 bp −$396	doesn't fit	doesn't fit
Sell Backpack live order book, 15 min ago	2.29 bp	25.8 bp −$26	doesn't fit	doesn't fit	doesn't fit

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	−0.0560%	1h	0.04294	−0.579%	$60K	$92K	25x	as long as short
Kraken Futures PF_STRKUSD	−0.0306%	1h	0.04313	−0.134%	$457K	$529K	20x	as long as short
dYdX STRK-USD	0.0000%	1h	0.04306	−0.294%	$20K	$24K	5x	as long as short
Injective STRK/USDC PERP	+0.0033%	1h	0.05070	+17.388%	$3K	$38K	5.5x	as long as short
Paradex STRK-USD-PERP	+0.0100%	8h	0.04306	−0.312%	$8K	$144	20x	as long as short
Hyperliquid STRKlong	+0.0100%	1h	0.04319	long leg	$14.6M	$7.2M	5x
Aster STRKUSDT	+0.0100%	4h	0.04313	−0.139%	$33K	$328K	10x	as long as short
Pacifica STRK	+0.0100%	1h	0.04310	−0.215%	$43K	$69K	5x	as long as short
Binance STRKUSDT	+0.0100%	4h	0.04317	−0.044%	$12.3M	$48.7M	75x	as long as short
Bybit STRKUSDT	+0.0100%	4h	0.04314	−0.116%	$15.0M	$21.5M	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	0.04318	−0.023%	$4.7M	$22.3M	50x	as long as short
Gate STRK_USDT	+0.0100%	4h	0.04310	−0.208%	$578K	$1.3M	50x	as long as short
MEXC STRK_USDT	+0.0100%	4h	0.04313	−0.139%	$12.2M	$2.2M	100x	as long as short
KuCoin STRKUSDTM	+0.0100%	4h	0.04312	−0.162%	$1.5M	$1.9M	50x	as long as short
Bitget STRKUSDT	+0.0100%	4h	0.04315	−0.102%	$3.0M	$4.0M	75x	as long as short
BingX STRK-USDT	+0.0100%	4h	0.04314	−0.116%	—	$26.4M	—	as long as short
Backpack STRK_USDC_PERPshort	+0.0100%	1h	0.04314	−0.116%	$23K	$148K	10x
Variational Omni STRK	+0.0100%	4h	0.04301	−0.421%	$349K	$2.0M	—	as long as short
GRVT STRK_USDT_Perp	+0.0100%	4h	0.04297	−0.510%	$185K	$3.6M	10x	as long as short
SunX STRK-USDT	+0.0100%	4h	0.04414	+2.200%	$1K	$847K	20x	as long as short
Extended STRK-USD	+0.0104%	1h	0.04310	−0.198%	$119K	$663K	10x	as long as short
BloFin STRK-USDT	+0.0340%	4h	0.04310	−0.208%	$747K	$821K	75x	as long as short
Lighter STRK	+0.0392%	1h	0.04323	+0.093%	$264K	$504K	5x	as long as short
Deribit STRK_USDC-PERPETUAL	+0.0909%	1h	0.04318	−0.023%	$8K	$44K	25x	as long as short