STRK

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h −0.034%

Price spread now: Extended against Hyperliquid−0.082%7-day average −0.224% · you buy dearer than you sell

Net, funding: paid 7d − costs−$98as in the Funding arb table

Net, price: spread back to 7d avg − costs−$52as in the Price arb table

costs, in and out, $10k−$660.661% of the position

Long on Hyperliquid Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.322%−$32 on $10k

Price spread, last 4 days (all we have)−0.367%−$37 · spread now −0.082%, 7d avg −0.224%

Together, before fees−0.690%+ Points / potential airdropHyperliquid: Season 2 · Extended: Active · farm board−$69 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.142% dearer against Hyperliquid than usual: you sell high and buy low, +$14 on $10k if it goes back to its 7-day average of −0.224%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid STRK	0.04342	0.0100	pay 0.0013% / 1h	11m 42s	$14.7M	$7.1M	5x
Short	Extended STRK-USD	0.04338	0.0104	get 0.0013% / 1h	11m 42s	$121K	$660K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Hyperliquid. 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 HyperliquidbpFee ExtendedbpOrdersPrice spread, now −0.082%Rate

Funding earned: $0.84
Price spread: −0.082% → −0.224%: $14.19
Slippage, 4 orders: −$52.14
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$51.11
Costs to cover: 0.661%
Break-even: 433.0 days

Slippage from Hyperliquid: live order book, 11 min ago; Extended: live order book, 56 min ago.

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 Hyperliquid live order book, 11 min ago	3.45 bp	17.7 bp −$18	doesn't fit	doesn't fit	doesn't fit
Sell Extended live order book, 56 min ago	4.59 bp	19.7 bp −$20	149.7 bp −$1,497	doesn't fit	doesn't fit

STRK on 23 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	−0.0560%	1h	0.04277	−1.497%	$60K	$86K	25x	as long as short
Kraken Futures PF_STRKUSD	−0.0305%	1h	0.04338	−0.093%	$455K	$535K	20x	as long as short
dYdX STRK-USD	0.0000%	1h	0.04338	−0.090%	$20K	$24K	5x	as long as short
Injective STRK/USDC PERP	+0.0033%	1h	0.05070	+16.766%	$3K	$38K	5.5x	as long as short
Paradex STRK-USD-PERP	+0.0100%	8h	0.04334	−0.174%	$8K	$144	20x	as long as short
Hyperliquid STRKlong	+0.0100%	1h	0.04342	long leg	$14.7M	$7.1M	5x
Aster STRKUSDT	+0.0100%	4h	0.04342	−0.011%	$33K	$328K	10x	as long as short
Pacifica STRK	+0.0100%	1h	0.04338	−0.090%	$43K	$69K	5x	as long as short
Binance STRKUSDT	+0.0100%	4h	0.04335	−0.155%	$12.4M	$47.1M	75x	as long as short
Bybit STRKUSDT	+0.0100%	4h	0.04332	−0.230%	$15.0M	$21.0M	50x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX STRK-USDT-SWAP	+0.0100%	4h	0.04335	−0.161%	$4.7M	$21.5M	50x	as long as short
Gate STRK_USDT	+0.0100%	4h	0.04338	−0.092%	$590K	$1.4M	50x	as long as short
MEXC STRK_USDT	+0.0100%	4h	0.04339	−0.069%	$12.3M	$2.2M	100x	as long as short
KuCoin STRKUSDTM	+0.0100%	4h	0.04341	−0.023%	$1.5M	$1.8M	50x	as long as short
Bitget STRKUSDT	+0.0100%	4h	0.04339	−0.069%	$3.1M	$3.8M	75x	as long as short
BingX STRK-USDT	+0.0100%	4h	0.04339	−0.069%	—	$26.3M	—	as long as short
Backpack STRK_USDC_PERP	+0.0100%	1h	0.04339	−0.069%	$24K	$146K	10x	as long as short
Variational Omni STRK	+0.0100%	4h	0.04334	−0.180%	$333K	$2.0M	—	as long as short
GRVT STRK_USDT_Perp	+0.0100%	4h	0.04341	−0.014%	$186K	$3.6M	10x	as long as short
SunX STRK-USDT	+0.0100%	4h	0.04439	+2.234%	$1K	$840K	20x	as long as short
Extended STRK-USDshort	+0.0104%	1h	0.04338	−0.082%	$121K	$660K	10x
Lighter STRK	+0.0216%	1h	0.04346	+0.092%	$265K	$507K	5x	as long as short
Deribit STRK_USDC-PERPETUAL	+0.0441%	1h	0.04342	0.000%	$8K	$44K	25x	as long as short