Funding arb · Price arb /

STRK

all STRK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: BingX against KuCoin+0.069%7-day average −0.017% · you sell dearer than you buy

Net, funding: paid 7d − costs−$81as in the Funding arb table

Net, price: spread back to 7d avg − costs−$84as in the Price arb table

costs, in and out, $10k−$920.924% of the position

Long on KuCoin Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.112%+$11 on $10k

Price spread, last 4 days (all we have)+0.138%+$14 · spread now +0.069%, 7d avg −0.017%

Together, before fees+0.250%+$25 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.086% dearer against KuCoin than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.017%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin STRKUSDTM	0.04345	0.0100	pay 0.0050% / 4h	3h 10m	$1.5M	$1.9M	50x
Short	BingX STRK-USDC	0.04348	0.0100	get 0.0050% / 4h	3h 10m	—	$728K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against KuCoin. 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 KuCoinbpFee BingXbpOrdersPrice spread, now +0.069%Rate

Funding earned: $0
Price spread: +0.069% → −0.017%: $8.62
Slippage, 4 orders: −$70.41
Fee KuCoin: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: −$83.78
Costs to cover: 0.924%
Break-even: never at this rate

Slippage from KuCoin: live order book, just now; BingX: live order book, 3 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 KuCoin live order book, just now	3.45 bp	26.0 bp −$26	88.9 bp −$889	doesn't fit	doesn't fit
Sell BingX live order book, 3 min ago	2.31 bp	17.9 bp −$18	45.2 bp −$452	277.0 bp −$27.7K	717.5 bp −$358.8K

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	−0.0576%	1h	0.04313	−0.736%	$61K	$93K	25x	as long as short
Kraken Futures PF_STRKUSD	−0.0402%	1h	0.04336	−0.200%	$462K	$526K	20x	as long as short
dYdX STRK-USD	0.0000%	1h	0.04329	−0.361%	$20K	$24K	5x	as long as short
Injective STRK/USDC PERP	+0.0033%	1h	0.05070	+16.686%	$3K	$38K	5.5x	as long as short
Paradex STRK-USD-PERP	+0.0100%	8h	0.04327	−0.415%	$8K	$144	20x	as long as short
Hyperliquid STRK	+0.0100%	1h	0.04354	+0.207%	$14.8M	$7.3M	5x	as long as short
Aster STRKUSDT	+0.0100%	4h	0.04343	−0.053%	$33K	$335K	10x	as long as short
Pacifica STRK	+0.0100%	1h	0.04330	−0.336%	$43K	$69K	5x	as long as short
Binance STRKUSDT	+0.0100%	4h	0.04347	+0.055%	$12.3M	$48.7M	75x	as long as short
Bybit STRKUSDT	+0.0100%	4h	0.04344	−0.023%	$15.2M	$21.5M	50x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX STRK-USDT-SWAP	+0.0100%	4h	0.04348	+0.069%	$4.8M	$22.6M	50x	as long as short
Gate STRK_USDT	+0.0100%	4h	0.04347	+0.046%	$581K	$1.4M	50x	as long as short
MEXC STRK_USDT	+0.0100%	4h	0.04347	+0.046%	$12.3M	$2.2M	100x	as long as short
KuCoin STRKUSDTMlong	+0.0100%	4h	0.04345	long leg	$1.5M	$1.9M	50x
Bitget STRKUSDT	+0.0100%	4h	0.04345	+0.005%	$3.1M	$4.0M	75x	as long as short
BingX STRK-USDCshort	+0.0100%	4h	0.04348	+0.069%	—	$728K	—
Backpack STRK_USDC_PERP	+0.0100%	1h	0.04341	−0.092%	$23K	$147K	10x	as long as short
Variational Omni STRK	+0.0100%	4h	0.04330	−0.339%	$351K	$2.0M	—	as long as short
GRVT STRK_USDT_Perp	+0.0100%	4h	0.04329	−0.370%	$189K	$3.5M	10x	as long as short
SunX STRK-USDT	+0.0100%	4h	0.04431	+1.979%	$1K	$842K	20x	as long as short
Extended STRK-USD	+0.0104%	1h	0.04348	+0.058%	$120K	$663K	10x	as long as short
BloFin STRK-USDT	+0.0340%	4h	0.04331	−0.322%	$742K	$781K	75x	as long as short
Lighter STRK	+0.0424%	1h	0.04345	0.000%	$264K	$506K	5x	as long as short
Deribit STRK_USDC-PERPETUAL	+0.0903%	1h	0.04341	−0.092%	$8K	$44K	25x	as long as short