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

STRK

all STRK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0583%/8h= +63.8% APRnext payment +$0.73 per $10,000 · paid last 24h +0.107%
Price spread now: Lighter against Injective−12.860%96s7-day average · 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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Funding pays, the price is against you. Lighter is 12.860% cheaper against Injective than usual: you would sell low and buy high (spread −12.860% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$1,286 on $10k: about 2 months of funding at the current rate (+$17 a day). The two prices were read 96 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective STRK/USDC PERP0.050700.0033pay 0.0004% / 1h57m 43s$3K$38K5.5x
ShortLighter STRK0.044180.0616get 0.0077% / 1h57m 43s$273K$506K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter 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

Funding earned
$122.36
Price spread: −12.860% → 0.000%
−$1,286
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Lighter: 0 bp × 2 orders
$0
Net
−$1,163.66
Costs to cover
0.000%
Break-even
73.6 days
Slippage unknown: Injective: no order-book sample; Lighter: live order book, 13 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 Injective no order-book sample
Sell Lighter live order book, 13 min ago12.54 bp18.5 bp −$1865.1 bp −$651doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International STRK-PERP-INTX−0.0584%1h0.04355−14.103%$62K$95K25xas long as short
dYdX STRK-USD0.0000%1h0.04395−13.305%$20K$24K5xas long as short
Injective STRK/USDC PERPlong+0.0033%1h0.05070long leg$3K$38K5.5x
Bybit STRKUSDT+0.0039%4h0.04406−13.097%$15.5M$21.4M50xas long as short
BloFin STRK-USDT+0.0099%4h0.04381−13.590%$752K$718K75xas long as short
Paradex STRK-USD-PERP+0.0100%8h0.04398−13.262%$8K$14420xas long as short
Hyperliquid STRK+0.0100%1h0.04409−13.037%$15.1M$7.4M5xas long as short
Aster STRKUSDT+0.0100%4h0.04401−13.199%$34K$361K10xas long as short
Pacifica STRK+0.0100%1h0.04398−13.256%$44K$69K5xas long as short
Binance STRKUSDT+0.0100%4h0.04407−13.074%$12.6M$49.8M75xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX STRK-USDT-SWAP+0.0100%4h0.04405−13.116%$4.9M$23.5M50xas long as short
Gate STRK_USDT+0.0100%4h0.04400−13.215%$587K$1.4M50xas long as short
MEXC STRK_USDT+0.0100%4h0.04407−13.077%$12.4M$2.1M100xas long as short
KuCoin STRKUSDTM+0.0100%4h0.04396−13.294%$1.5M$1.9M50xas long as short
Bitget STRKUSDT+0.0100%4h0.04408−13.061%$3.1M$4.1M75xas long as short
BingX STRK-USDC+0.0100%4h0.04403−13.156%$720Kas long as short
Variational Omni STRK+0.0100%4h0.04372−13.769%$258K$1.9Mas long as short
GRVT STRK_USDT_Perp+0.0100%4h0.04379−13.620%$194K$3.5M10xas long as short
SunX STRK-USDT+0.0100%4h0.04497−11.302%$1K$831K20xas long as short
Extended STRK-USD+0.0104%1h0.04401−13.188%$121K$626K10xas long as short
Backpack STRK_USDC_PERP+0.0164%1h0.04396−13.294%$25K$148K10xas long as short
Kraken Futures PF_STRKUSD+0.0503%1h0.04396−13.286%$471K$511K20xas long as short
Lighter STRKshort+0.0616%1h0.04418−12.860%$273K$506K5x
Deribit STRK_USDC-PERPETUAL+0.0888%1h0.04400−13.215%$8K$24K25xas long as short