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

STRK

all STRK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0153%/8h= +16.8% APRnext payment +$0.19 per $10,000 · paid last 24h −0.029%
Price spread now: Extended against Kraken Futures−0.100%7-day average −0.259% · you buy dearer than you sell
Net, funding: paid 7d − costs−$273as in the Funding arb table
Net, price: spread back to 7d avg − costs−$112as in the Price arb table
costs, in and out, $10k−$1281.275% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−1.452%−$145 on $10k
Price spread, last 4 days (all we have)−1.333%−$133 · spread now −0.100%, 7d avg −0.259%
Together, before fees−2.785%+ Points / potential airdropExtended: Active · farm board−$278 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Extended is 0.158% dearer against Kraken Futures than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of −0.259%. Mind the row above: over the last 7 days funding on this pair cost −1.452%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_STRKUSD0.04331−0.0049get 0.0006% / 1h36m 03s$447K$599K20x
ShortExtended STRK-USD0.043270.0104get 0.0013% / 1h36m 03s$121K$482K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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

Funding earned
$32.21
Price spread: −0.100% → −0.259%
$15.84
Slippage, 4 orders
−$112.55
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$79.5
Costs to cover
1.275%
Break-even
24.3 days
Slippage from Kraken Futures: live order book, 7 min ago; Extended: live order book, 7 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Kraken Futures live order book, 7 min ago16.12 bp57.5 bp −$573144.4 bp −$31.4Kdoesn't fitdoesn't fit
Sell Extended live order book, 7 min ago6.91 bp22.1 bp −$22136.5 bp −$1,365doesn't fitdoesn't fit

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−0.0992%1h0.04309−0.514%$70K$103K25xas long as short
Kraken Futures PF_STRKUSDlong−0.0049%1h0.04331long leg$447K$599K20x
dYdX STRK-USD0.0000%1h0.04332+0.022%$20K$24K5xas long as short
Injective STRK/USDC PERP+0.0033%1h0.05070+17.055%$3K$38K5.5xas long as short
Lighter STRK+0.0096%1h0.04336+0.109%$258K$442K5xas long as short
Paradex STRK-USD-PERP+0.0100%8h0.04330−0.022%$8K$14420xas long as short
Hyperliquid STRK+0.0100%1h0.04328−0.076%$14.3M$6.1M5xas long as short
Aster STRKUSDT+0.0100%4h0.04329−0.043%$33K$229K10xas long as short
Pacifica STRK+0.0100%1h0.04333+0.040%$43K$69K5xas long as short
Binance STRKUSDT+0.0100%4h0.04328−0.076%$12.3M$44.6M75xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit STRKUSDT+0.0100%4h0.04325−0.145%$15.1M$20.3M50xas long as short
OKX STRK-USDT-SWAP+0.0100%4h0.04327−0.099%$4.7M$19.3M50xas long as short
Gate STRK_USDT+0.0100%4h0.04327−0.099%$580K$1.4M50xas long as short
MEXC STRK_USDT+0.0100%4h0.04327−0.099%$11.5M$2.1M100xas long as short
KuCoin STRKUSDTM+0.0100%4h0.04330−0.030%$1.5M$1.8M50xas long as short
Bitget STRKUSDT+0.0100%4h0.04324−0.177%$3.0M$3.8M75xas long as short
BingX STRK-USDT+0.0100%4h0.04325−0.145%$10.1Mas long as short
Variational Omni STRK+0.0100%4h0.04333+0.034%$426K$1.9Mas long as short
GRVT STRK_USDT_Perp+0.0100%4h0.04334+0.072%$184K$3.5M10xas long as short
SunX STRK-USDT+0.0100%4h0.04436+2.418%$2K$878K20xas long as short
Extended STRK-USDshort+0.0104%1h0.04327−0.100%$121K$482K10x
Backpack STRK_USDC_PERP+0.0145%1h0.04324−0.168%$29K$146K10xas long as short
Deribit STRK_USDC-PERPETUAL+0.0212%1h0.04332+0.017%$8K$43K25xas long as short
BloFin STRK-USDT+0.0340%4h0.04332+0.017%$676K$783K75xas long as short