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

STRK

all STRK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.049%
Price spread now: Variational Omni against Hyperliquid−0.039%7-day average −0.159% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.305%−$31 on $10k
Price spread, last 7 days−0.177%−$18 · spread now −0.039%, 7d avg −0.159%
Together, before fees−0.482%+ Points / potential airdropHyperliquid: Season 2 · Variational Omni: Active · farm board−$48 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: Variational Omni is 0.121% dearer against Hyperliquid than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of −0.159%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid STRK0.044060.0100pay 0.0013% / 1h57m 14s$15.1M$7.3M5x
ShortVariational Omni STRK0.044040.0100get 0.0050% / 4h1h 57m$258K$1.8M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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

Funding earned
$0
Price spread: −0.039% → −0.159%
$12.09
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$3.09
Costs to cover
0.090%
Break-even
from the start
Slippage unknown: Hyperliquid: live order book, 6 min ago; Variational Omni: RFQ quote, 2 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Hyperliquid live order book, 6 min ago1.14 bp9.0 bp −$934.8 bp −$348doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 2 min ago5.69 bpdoesn't fit42.1 bp −$421doesn'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−0.0592%1h0.04397−0.204%$63K$95K25xas long as short
dYdX STRK-USD0.0000%1h0.04398−0.179%$21K$24K5xas long as short
Injective STRK/USDC PERP+0.0033%1h0.05070+15.070%$3K$38K5.5xas long as short
Paradex STRK-USD-PERP+0.0100%8h0.04398−0.174%$8K$14420xas long as short
Hyperliquid STRKlong+0.0100%1h0.04406long leg$15.1M$7.3M5x
Aster STRKUSDT+0.0100%4h0.04399−0.168%$34K$363K10xas long as short
Pacifica STRK+0.0100%1h0.04399−0.148%$44K$69K5xas long as short
Binance STRKUSDT+0.0100%4h0.04412+0.136%$12.7M$50.2M75xas long as short
Bybit STRKUSDT+0.0100%4h0.044060.000%$15.6M$21.4M50xas long as short
OKX STRK-USDT-SWAP+0.0100%4h0.04407+0.023%$4.9M$23.7M50xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate STRK_USDT+0.0100%4h0.04407+0.023%$590K$1.4M50xas long as short
MEXC STRK_USDT+0.0100%4h0.044060.000%$12.3M$2.1M100xas long as short
KuCoin STRKUSDTM+0.0100%4h0.04402−0.091%$1.5M$1.9M50xas long as short
Bitget STRKUSDT+0.0100%4h0.04409+0.073%$3.1M$4.1M75xas long as short
BingX STRK-USDT+0.0100%4h0.04404−0.045%$25.9Mas long as short
Backpack STRK_USDC_PERP+0.0100%1h0.04397−0.204%$25K$152K10xas long as short
Variational Omni STRKshort+0.0100%4h0.04404−0.039%$258K$1.8M
GRVT STRK_USDT_Perp+0.0100%4h0.04404−0.045%$191K$3.5M10xas long as short
SunX STRK-USDT+0.0100%4h0.04504+2.224%$2K$822K20xas long as short
Extended STRK-USD+0.0104%1h0.04407+0.019%$122K$626K10xas long as short
BloFin STRK-USDT+0.0131%4h0.04407+0.023%$769K$729K75xas long as short
Lighter STRK+0.0536%1h0.04419+0.295%$273K$540K5xas long as short
Deribit STRK_USDC-PERPETUAL+0.0884%1h0.04415+0.204%$8K$24K25xas long as short
Kraken Futures PF_STRKUSD+0.1162%1h0.04417+0.254%$470K$490K20xas long as short