Funding arb · Price arb /

STRK

all STRK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.020%

Price spread now: OKX against Injective−15.996%7-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 OKX

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. OKX is 15.996% cheaper against Injective than usual: you would sell low and buy high (spread −15.996% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$1,600 on $10k: about years of funding at the current rate (+$2 a day).

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	58m 46s	$3K	$38K	5.5x
Short	OKX STRK-USDT-SWAP	0.04259	0.0100	get 0.0050% / 4h	1h 58m	$4.6M	$17.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −15.996%Rate

Funding earned: $14
Price spread: −15.996% → 0.000%: −$1,599.61
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee OKX: 5 bp × 2 orders: −$10
Net: −$1,595.63
Costs to cover: 0.100%
Break-even: 804.8 days

Slippage unknown: Injective: no order-book sample; OKX: live order book, 3 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 OKX live order book, 3 min ago	1.18 bp	14.5 bp −$15	29.4 bp −$294	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 exchanges

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	−0.1744%	1h	0.04214	−16.884%	$67K	$72K	25x	as long as short
Kraken Futures PF_STRKUSD	−0.0674%	1h	0.04261	−15.957%	$454K	$458K	20x	as long as short
Bybit STRKUSDT	−0.0376%	4h	0.04257	−16.036%	$14.6M	$19.1M	50x	as long as short
dYdX STRK-USD	+0.0019%	1h	0.04257	−16.035%	$20K	$24K	5x	as long as short
Injective STRK/USDC PERPlong	+0.0033%	1h	0.05070	long leg	$3K	$38K	5.5x
Variational Omni STRK	+0.0083%	4h	0.04243	−16.321%	$412K	$1.9M	—	as long as short
Lighter STRK	+0.0096%	1h	0.04269	−15.799%	$253K	$424K	5x	as long as short
Paradex STRK-USD-PERP	+0.0100%	8h	0.04260	−15.975%	$8K	$913	20x	as long as short
Hyperliquid STRK	+0.0100%	1h	0.04267	−15.838%	$13.9M	$5.6M	5x	as long as short
Aster STRKUSDT	+0.0100%	4h	0.04264	−15.897%	$32K	$183K	10x	as long as short

Show all 24 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica STRK	+0.0100%	1h	0.04262	−15.929%	$41K	$69K	5x	as long as short
Binance STRKUSDT	+0.0100%	4h	0.04263	−15.917%	$12.1M	$41.3M	75x	as long as short
OKX STRK-USDT-SWAPshort	+0.0100%	4h	0.04259	−15.996%	$4.6M	$17.2M	50x
Gate STRK_USDT	+0.0100%	4h	0.04264	−15.897%	$560K	$1.3M	50x	as long as short
MEXC STRK_USDT	+0.0100%	4h	0.04263	−15.917%	$11.1M	$1.9M	100x	as long as short
KuCoin STRKUSDTM	+0.0100%	4h	0.04264	−15.897%	$1.5M	$1.7M	50x	as long as short
Bitget STRKUSDT	+0.0100%	4h	0.04262	−15.933%	$3.0M	$3.6M	75x	as long as short
BingX STRK-USDC	+0.0100%	4h	0.04262	−15.937%	—	$732K	—	as long as short
Backpack STRK_USDC_PERP	+0.0100%	1h	0.04257	−16.036%	$27K	$139K	10x	as long as short
GRVT STRK_USDT_Perp	+0.0100%	4h	0.04253	−16.108%	$185K	$3.5M	10x	as long as short
SunX STRK-USDT	+0.0100%	4h	0.04355	−14.103%	$1K	$889K	20x	as long as short
Extended STRK-USD	+0.0104%	1h	0.04260	−15.973%	$118K	$873K	10x	as long as short
Deribit STRK_USDC-PERPETUAL	+0.0219%	1h	0.04262	−15.937%	$3K	$43K	25x	as long as short
BloFin STRK-USDT	+0.0340%	4h	0.04256	−16.055%	$624K	$712K	75x	as long as short