Funding arb · Price arb /

STRK

all STRK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0430%/8h= +47.1% APRpaid last 24h +0.003%

Price spread now: KuCoin against Kraken Futures−0.047%7-day average −0.162% · you buy dearer than you sell

Net, funding: paid 7d − costs−$375as in the Funding arb table

Net, price: spread back to 7d avg − costs−$208as in the Price arb table

costs, in and out, $10k−$2192.190% of the position

Long on Kraken Futures Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−1.562%−$156 on $10k

Price spread, last 4 days (all we have)−5.134%−$513 · spread now −0.047%, 7d avg −0.162%

Together, before fees−6.696%−$670 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and KuCoin is 0.115% dearer against Kraken Futures than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.162%. Mind the row above: over the last 7 days funding on this pair cost −1.562%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_STRKUSD	0.04309	−0.0330	get 0.0041% / 1h	59m 27s	$456K	$476K	20x
Short	KuCoin STRKUSDTM	0.04307	0.0100	get 0.0050% / 4h	2h 59m	$1.5M	$1.8M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.047%Rate

Funding earned: $90.34
Price spread: −0.047% → −0.162%: $11.48
Slippage, 4 orders: −$196.98
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$117.17
Costs to cover: 2.190%
Break-even: 16.1 days

Slippage from Kraken Futures: live order book, 33 min ago; KuCoin: live order book, 7 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, 33 min ago	21.07 bp	31.7 bp −$32	2781.1 bp −$27.8K	doesn't fit	doesn't fit
Sell KuCoin live order book, 7 min ago	3.47 bp	62.9 bp −$63	162.5 bp −$1,625	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	−0.1448%	1h	0.04257	−1.207%	$68K	$87K	25x	as long as short
Kraken Futures PF_STRKUSDlong	−0.0330%	1h	0.04309	long leg	$456K	$476K	20x
dYdX STRK-USD	0.0000%	1h	0.04303	−0.132%	$20K	$24K	5x	as long as short
Injective STRK/USDC PERP	+0.0033%	1h	0.05070	+17.660%	$3K	$38K	5.5x	as long as short
Bybit STRKUSDT	+0.0070%	4h	0.04299	−0.232%	$14.9M	$19.3M	50x	as long as short
Lighter STRK	+0.0096%	1h	0.04311	+0.046%	$256K	$436K	5x	as long as short
Paradex STRK-USD-PERP	+0.0100%	8h	0.04302	−0.155%	$8K	$938	20x	as long as short
Hyperliquid STRK	+0.0100%	1h	0.04307	−0.047%	$14.1M	$5.8M	5x	as long as short
Aster STRKUSDT	+0.0100%	4h	0.04305	−0.100%	$33K	$215K	10x	as long as short
Pacifica STRK	+0.0100%	1h	0.04307	−0.047%	$41K	$68K	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	0.04305	−0.104%	$12.3M	$42.2M	75x	as long as short
OKX STRK-USDT-SWAP	+0.0100%	4h	0.04300	−0.209%	$4.6M	$18.1M	50x	as long as short
Gate STRK_USDT	+0.0100%	4h	0.04304	−0.116%	$564K	$1.3M	50x	as long as short
MEXC STRK_USDT	+0.0100%	4h	0.04306	−0.070%	$11.4M	$1.9M	100x	as long as short
KuCoin STRKUSDTMshort	+0.0100%	4h	0.04307	−0.047%	$1.5M	$1.8M	50x
Bitget STRKUSDT	+0.0100%	4h	0.04303	−0.135%	$3.0M	$3.6M	75x	as long as short
BingX STRK-USDT	+0.0100%	4h	0.04303	−0.140%	—	$9.7M	—	as long as short
Backpack STRK_USDC_PERP	+0.0100%	1h	0.04305	−0.093%	$27K	$142K	10x	as long as short
Variational Omni STRK	+0.0100%	4h	0.04299	−0.239%	$425K	$1.9M	—	as long as short
GRVT STRK_USDT_Perp	+0.0100%	4h	0.04307	−0.047%	$189K	$3.4M	10x	as long as short
SunX STRK-USDT	+0.0100%	4h	0.04405	+2.228%	$2K	$889K	20x	as long as short
Extended STRK-USD	+0.0104%	1h	0.04302	−0.169%	$120K	$875K	10x	as long as short
BloFin STRK-USDT	+0.0340%	4h	0.04307	−0.047%	$644K	$714K	75x	as long as short
Deribit STRK_USDC-PERPETUAL	+0.0678%	1h	0.04313	+0.092%	$8K	$33K	25x	as long as short