STRK

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.1091%/8h= −119.5% APRnext payment −$1.36 per $10,000 · paid last 24h −0.449%

Price spread now: Coinbase International against Kraken Futures−0.308%7-day average — · you buy dearer than you sell

Net, funding: paid 7d − costs−$354as in the Funding arb table

Net, price: spread back to 7d avg − costs−$132as in the Price arb table

costs, in and out, $10k−$1011.014% of the position

Long on Kraken Futures Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days−2.530%−$253 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$33 a day on $10k at the current rate, and Coinbase International is 0.308% cheaper against Kraken Futures than usual: you would sell low and buy high (−$31 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_STRKUSD	0.04316	0.0059	pay 0.0007% / 1h	57m 13s	$459K	$556K	20x
Short	Coinbase International STRK-PERP-INTX	0.04303	−0.1032	pay 0.0129% / 1h	57m 13s	$75K	$98K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International 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 Coinbase InternationalbpOrdersPrice spread, now −0.308%Rate

Funding earned: −$229.19
Price spread: −0.308% → 0.000%: −$30.76
Slippage, 4 orders: −$81.36
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$361.3
Costs to cover: 1.014%
Break-even: never at this rate

Slippage from Kraken Futures: live order book, 61 min ago; Coinbase International: live order book, 86 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, 61 min ago	20.80 bp	29.9 bp −$30	2647.5 bp −$26.5K	doesn't fit	doesn't fit
Sell Coinbase International live order book, 86 min ago	8.09 bp	23.3 bp −$23	162.8 bp −$1,628	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-INTXshort	−0.1032%	1h	0.04303	−0.308%	$75K	$98K	25x
dYdX STRK-USD	0.0000%	1h	0.04322	+0.127%	$20K	$24K	5x	as long as short
Deribit STRK_USDC-PERPETUAL	0.0000%	1h	0.04315	−0.030%	$8K	$44K	25x	as long as short
Injective STRK/USDC PERP	+0.0033%	1h	0.05070	+17.462%	$3K	$38K	5.5x	as long as short
Kraken Futures PF_STRKUSDlong	+0.0059%	1h	0.04316	long leg	$459K	$556K	20x
Lighter STRK	+0.0096%	1h	0.04322	+0.133%	$264K	$464K	5x	as long as short
Paradex STRK-USD-PERP	+0.0100%	8h	0.04316	−0.012%	$8K	$144	20x	as long as short
Hyperliquid STRK	+0.0100%	1h	0.04316	−0.006%	$14.5M	$6.3M	5x	as long as short
Aster STRKUSDT	+0.0100%	4h	0.04318	+0.035%	$33K	$229K	10x	as long as short
Pacifica STRK	+0.0100%	1h	0.04320	+0.086%	$43K	$69K	5x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance STRKUSDT	+0.0100%	4h	0.04311	−0.122%	$12.3M	$44.6M	75x	as long as short
Bybit STRKUSDT	+0.0100%	4h	0.04307	−0.215%	$15.2M	$20.1M	50x	as long as short
OKX STRK-USDT-SWAP	+0.0100%	4h	0.04310	−0.145%	$4.7M	$19.7M	50x	as long as short
Gate STRK_USDT	+0.0100%	4h	0.04312	−0.099%	$565K	$1.3M	50x	as long as short
MEXC STRK_USDT	+0.0100%	4h	0.04313	−0.076%	$12.1M	$1.9M	100x	as long as short
KuCoin STRKUSDTM	+0.0100%	4h	0.04313	−0.076%	$1.5M	$1.8M	50x	as long as short
Bitget STRKUSDT	+0.0100%	4h	0.04312	−0.094%	$3.1M	$3.7M	75x	as long as short
BingX STRK-USDT	+0.0100%	4h	0.04311	−0.122%	—	$9.2M	—	as long as short
Backpack STRK_USDC_PERP	+0.0100%	1h	0.04312	−0.099%	$30K	$143K	10x	as long as short
Variational Omni STRK	+0.0100%	4h	0.04320	+0.080%	$429K	$1.9M	—	as long as short
GRVT STRK_USDT_Perp	+0.0100%	4h	0.04319	+0.060%	$186K	$3.5M	10x	as long as short
SunX STRK-USDT	+0.0100%	4h	0.04413	+2.241%	$2K	$845K	20x	as long as short
Extended STRK-USD	+0.0104%	1h	0.04309	−0.168%	$121K	$659K	10x	as long as short
BloFin STRK-USDT	+0.0340%	4h	0.04313	−0.076%	$754K	$786K	75x	as long as short