Funding arb · Price arb /

STRK

all STRK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0469%/8h= +51.4% APRpaid last 24h −0.132%

Price spread now: MEXC against Kraken Futures−0.068%7-day average −0.191% · you buy dearer than you sell

Net, funding: paid 7d − costs−$216as in the Funding arb table

Net, price: spread back to 7d avg − costs−$61as in the Price arb table

costs, in and out, $10k−$740.738% of the position

Long on Kraken Futures Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−1.421%−$142 on $10k

Price spread, last 4 days (all we have)−5.036%−$504 · spread now −0.068%, 7d avg −0.191%

Together, before fees−6.457%−$646 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and MEXC is 0.124% dearer against Kraken Futures than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.191%. Mind the row above: over the last 7 days funding on this pair cost −1.421%, 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	0.04319	−0.0369	get 0.0046% / 1h	32m 03s	$453K	$529K	20x
Short	MEXC STRK_USDT	0.04316	0.0100	get 0.0050% / 4h	1h 32m	$12.1M	$2.0M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.068%Rate

Funding earned: $98.57
Price spread: −0.068% → −0.191%: $12.37
Slippage, 4 orders: −$59.82
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee MEXC: 2 bp × 2 orders: −$4
Net: $37.12
Costs to cover: 0.738%
Break-even: 4.4 days

Slippage from Kraken Futures: live order book, 31 min ago; MEXC: live order book, 1 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, 31 min ago	9.21 bp	28.5 bp −$28	2494.2 bp −$24.9K	doesn't fit	doesn't fit
Sell MEXC live order book, 1 min ago	1.16 bp	6.3 bp −$6	19.8 bp −$198	89.8 bp −$8,982	207.1 bp −$103.6K

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	−0.0952%	1h	0.04280	−0.901%	$60K	$86K	25x	as long as short
Kraken Futures PF_STRKUSDlong	−0.0369%	1h	0.04319	long leg	$453K	$529K	20x
dYdX STRK-USD	0.0000%	1h	0.04323	+0.098%	$20K	$24K	5x	as long as short
Injective STRK/USDC PERP	+0.0033%	1h	0.05070	+17.390%	$3K	$38K	5.5x	as long as short
Lighter STRK	+0.0096%	1h	0.04327	+0.187%	$264K	$503K	5x	as long as short
Paradex STRK-USD-PERP	+0.0100%	8h	0.04318	−0.017%	$8K	$144	20x	as long as short
Hyperliquid STRK	+0.0100%	1h	0.04321	+0.048%	$14.6M	$6.9M	5x	as long as short
Aster STRKUSDT	+0.0100%	4h	0.04319	−0.002%	$33K	$328K	10x	as long as short
Pacifica STRK	+0.0100%	1h	0.04322	+0.083%	$43K	$69K	5x	as long as short
Binance STRKUSDT	+0.0100%	4h	0.04318	−0.021%	$12.3M	$46.1M	75x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit STRKUSDT	+0.0100%	4h	0.04316	−0.068%	$15.1M	$20.8M	50x	as long as short
OKX STRK-USDT-SWAP	+0.0100%	4h	0.04318	−0.021%	$4.7M	$20.8M	50x	as long as short
Gate STRK_USDT	+0.0100%	4h	0.04314	−0.114%	$581K	$1.3M	50x	as long as short
MEXC STRK_USDTshort	+0.0100%	4h	0.04316	−0.068%	$12.1M	$2.0M	100x
KuCoin STRKUSDTM	+0.0100%	4h	0.04318	−0.021%	$1.5M	$1.8M	50x	as long as short
Bitget STRKUSDT	+0.0100%	4h	0.04317	−0.045%	$3.0M	$3.8M	75x	as long as short
BingX STRK-USDT	+0.0100%	4h	0.04317	−0.045%	—	$26.1M	—	as long as short
Backpack STRK_USDC_PERP	+0.0100%	1h	0.04317	−0.045%	$24K	$137K	10x	as long as short
Variational Omni STRK	+0.0100%	4h	0.04325	+0.133%	$389K	$2.1M	—	as long as short
GRVT STRK_USDT_Perp	+0.0100%	4h	0.04328	+0.201%	$189K	$3.5M	10x	as long as short
SunX STRK-USDT	+0.0100%	4h	0.04417	+2.271%	$1K	$835K	20x	as long as short
Extended STRK-USD	+0.0104%	1h	0.04315	−0.096%	$121K	$665K	10x	as long as short
Deribit STRK_USDC-PERPETUAL	+0.0213%	1h	0.04320	+0.025%	$8K	$44K	25x	as long as short
BloFin STRK-USDT	+0.0340%	4h	0.04320	+0.025%	$751K	$833K	75x	as long as short