Funding arb · Price arb /

STRK

all STRK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0403%/8h= −44.1% APRpaid last 24h −0.179%

Price spread now: Aster against Kraken Futures+0.022%7-day average −0.215% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$124as in the Price arb table

costs, in and out, $10k−$1481.477% of the position

Long on Kraken Futures Short on Aster

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)−1.642%−$164 on $10k

Price spread, last 3 days (all we have)−1.443%−$144 · spread now +0.022%, 7d avg −0.215%

Together, before fees−3.085%+ Points / potential airdropAster: Stage 5 · farm board−$309 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Aster is 0.237% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.022% now, against its 7-day average of −0.215%): +$24 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 47 hours. At the pace of the last 5 days (−1.642% in total) that is about 18 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_STRKUSD	0.04399	0.0503	pay 0.0063% / 1h	28m 32s	$471K	$512K	20x
Short	Aster STRKUSDT	0.04400	0.0100	get 0.0050% / 4h	28m 32s	$34K	$350K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Kraken Futures. 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 Kraken FuturesbpFee AsterbpOrdersPrice spread, now +0.022%Rate

Funding earned: −$84.56
Price spread: +0.022% → −0.215%: $23.72
Slippage, 4 orders: −$129.72
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$208.56
Costs to cover: 1.477%
Break-even: never at this rate

Slippage from Kraken Futures: live order book, 49 min ago; Aster: live order book, 49 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 Kraken Futures live order book, 49 min ago	15.94 bp	36.1 bp −$36	42.1 bp −$421	doesn't fit	doesn't fit
Sell Aster live order book, 49 min ago	11.40 bp	24.7 bp −$25	doesn't fit	doesn't fit	doesn't fit

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	−0.0584%	1h	0.04383	−0.375%	$62K	$96K	25x	as long as short
dYdX STRK-USD	+0.0001%	1h	0.04400	+0.018%	$21K	$24K	5x	as long as short
Injective STRK/USDC PERP	+0.0033%	1h	0.05070	+15.240%	$3K	$38K	5.5x	as long as short
Paradex STRK-USD-PERP	+0.0100%	8h	0.04396	−0.079%	$8K	$144	20x	as long as short
Hyperliquid STRK	+0.0100%	1h	0.04406	+0.148%	$15.0M	$7.5M	5x	as long as short
Aster STRKUSDTshort	+0.0100%	4h	0.04400	+0.022%	$34K	$350K	10x
Pacifica STRK	+0.0100%	1h	0.04399	−0.005%	$44K	$69K	5x	as long as short
Binance STRKUSDT	+0.0100%	4h	0.04399	−0.017%	$12.6M	$49.6M	75x	as long as short
Bybit STRKUSDT	+0.0100%	4h	0.04391	−0.193%	$15.5M	$21.4M	50x	as long as short
OKX STRK-USDT-SWAP	+0.0100%	4h	0.04396	−0.080%	$4.9M	$23.3M	50x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate STRK_USDT	+0.0100%	4h	0.04396	−0.080%	$588K	$1.4M	50x	as long as short
MEXC STRK_USDT	+0.0100%	4h	0.04398	−0.034%	$12.3M	$2.1M	100x	as long as short
KuCoin STRKUSDTM	+0.0100%	4h	0.04398	−0.034%	$1.5M	$1.9M	50x	as long as short
Bitget STRKUSDT	+0.0100%	4h	0.04396	−0.091%	$3.1M	$4.1M	75x	as long as short
BingX STRK-USDC	+0.0100%	4h	0.04397	−0.057%	—	$720K	—	as long as short
Variational Omni STRK	+0.0100%	4h	0.04393	−0.148%	$355K	$2.0M	—	as long as short
GRVT STRK_USDT_Perp	+0.0100%	4h	0.04395	−0.102%	$193K	$3.6M	10x	as long as short
SunX STRK-USDT	+0.0100%	4h	0.04500	+2.284%	$2K	$835K	20x	as long as short
Extended STRK-USD	+0.0104%	1h	0.04394	−0.132%	$122K	$625K	10x	as long as short
Backpack STRK_USDC_PERP	+0.0107%	1h	0.04399	−0.011%	$25K	$148K	10x	as long as short
BloFin STRK-USDT	+0.0153%	4h	0.04398	−0.034%	$744K	$730K	75x	as long as short
Kraken Futures PF_STRKUSDlong	+0.0503%	1h	0.04399	long leg	$471K	$512K	20x
Deribit STRK_USDC-PERPETUAL	+0.0659%	1h	0.04403	+0.080%	$2K	$34K	25x	as long as short
Lighter STRK	+0.0712%	1h	0.04410	+0.239%	$272K	$506K	5x	as long as short