STRK

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0299%/8h= +32.8% APRnext payment +$0.37 per $10,000 · paid last 24h +0.025%

Price spread now: Kraken Futures against Injective−14.493%63s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Injective Short on Kraken Futures

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—needs both histories

Funding pays, the price is against you. Kraken Futures is 14.493% cheaper against Injective than usual: you would sell low and buy high (spread −14.493% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$1,449 on $10k: about 5 months of funding at the current rate (+$9 a day). The two prices were read 63 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	Injective STRK/USDC PERP	0.05070	0.0033	pay 0.0004% / 1h	41m 44s	$3K	$38K	5.5x
Short	Kraken Futures PF_STRKUSD	0.04335	0.0333	get 0.0042% / 1h	41m 44s	$452K	$545K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Injective. 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 InjectivebpFee Kraken FuturesbpOrdersPrice spread, now −14.493%Rate

Funding earned: $62.86
Price spread: −14.493% → 0.000%: −$1,449.33
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$1,396.49
Costs to cover: 0.100%
Break-even: 162.5 days

Slippage unknown: Injective: no order-book sample; Kraken Futures: live order book, 61 min ago. 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 Injective no order-book sample	—	—	—	—	—
Sell Kraken Futures live order book, 61 min ago	16.12 bp	25.8 bp −$26	404.0 bp −$4,040	doesn't fit	doesn't fit

Injective: 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	−0.1224%	1h	0.04271	−15.759%	$70K	$87K	25x	as long as short
dYdX STRK-USD	0.0000%	1h	0.04333	−14.535%	$20K	$24K	5x	as long as short
Injective STRK/USDC PERPlong	+0.0033%	1h	0.05070	long leg	$3K	$38K	5.5x
Lighter STRK	+0.0096%	1h	0.04340	−14.398%	$258K	$440K	5x	as long as short
Paradex STRK-USD-PERP	+0.0100%	8h	0.04329	−14.615%	$8K	$144	20x	as long as short
Hyperliquid STRK	+0.0100%	1h	0.04337	−14.458%	$14.3M	$5.9M	5x	as long as short
Aster STRKUSDT	+0.0100%	4h	0.04332	−14.554%	$33K	$227K	10x	as long as short
Pacifica STRK	+0.0100%	1h	0.04333	−14.531%	$43K	$65K	5x	as long as short
Binance STRKUSDT	+0.0100%	4h	0.04332	−14.556%	$12.3M	$43.8M	75x	as long as short
Bybit STRKUSDT	+0.0100%	4h	0.04331	−14.576%	$15.1M	$20.0M	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	0.04333	−14.536%	$4.7M	$18.8M	50x	as long as short
Gate STRK_USDT	+0.0100%	4h	0.04330	−14.596%	$578K	$1.4M	50x	as long as short
MEXC STRK_USDT	+0.0100%	4h	0.04333	−14.536%	$11.5M	$2.1M	100x	as long as short
KuCoin STRKUSDTM	+0.0100%	4h	0.04334	−14.517%	$1.5M	$1.8M	50x	as long as short
Bitget STRKUSDT	+0.0100%	4h	0.04332	−14.554%	$3.0M	$3.7M	75x	as long as short
BingX STRK-USDC	+0.0100%	4h	0.04333	−14.536%	—	$734K	—	as long as short
Backpack STRK_USDC_PERP	+0.0100%	1h	0.04334	−14.517%	$29K	$144K	10x	as long as short
Variational Omni STRK	+0.0100%	4h	0.04337	−14.464%	$426K	$1.9M	—	as long as short
GRVT STRK_USDT_Perp	+0.0100%	4h	0.04333	−14.536%	$184K	$3.5M	10x	as long as short
SunX STRK-USDT	+0.0100%	4h	0.04435	−12.525%	$1K	$880K	20x	as long as short
Extended STRK-USD	+0.0104%	1h	0.04331	−14.569%	$120K	$881K	10x	as long as short
Deribit STRK_USDC-PERPETUAL	+0.0211%	1h	0.04337	−14.458%	$8K	$43K	25x	as long as short
Kraken Futures PF_STRKUSDshort	+0.0333%	1h	0.04335	−14.493%	$452K	$545K	20x
BloFin STRK-USDT	+0.0340%	4h	0.04330	−14.596%	$670K	$775K	75x	as long as short