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

STRK

all STRK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.049%
Price spread now: Hyperliquid against KuCoin+0.091%7-day average +0.140% · you sell dearer than you buy
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$89as in the Price arb table
costs, in and out, $10k−$840.840% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.449%+$45 on $10k
Price spread, last 7 days+0.130%+$13 · spread now +0.091%, 7d avg +0.140%
Together, before fees+0.579%+ Points / potential airdropHyperliquid: Season 2 · farm board+$58 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: Hyperliquid is 0.049% cheaper against KuCoin than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.140%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin STRKUSDTM0.044110.0100pay 0.0050% / 4h2h 38m$1.5M$1.9M50x
ShortHyperliquid STRK0.044150.0100get 0.0013% / 1h38m 38s$15.2M$7.3M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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

Funding earned
$0
Price spread: +0.091% → +0.140%
−$4.94
Slippage, 4 orders
−$63.04
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$88.98
Costs to cover
0.840%
Break-even
never at this rate
Slippage from KuCoin: live order book, 3 min ago; Hyperliquid: live order book, 4 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 KuCoin live order book, 3 min ago3.40 bp36.1 bp −$36114.4 bp −$1,144doesn't fitdoesn't fit
Sell Hyperliquid live order book, 4 min ago1.13 bp18.4 bp −$18doesn't fitdoesn'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−0.0352%1h0.04374−0.839%$63K$90K25xas long as short
dYdX STRK-USD0.0000%1h0.04416+0.116%$21K$24K5xas long as short
Injective STRK/USDC PERP+0.0033%1h0.05070+14.940%$3K$38K5.5xas long as short
Paradex STRK-USD-PERP+0.0100%8h0.04412+0.034%$8K$14420xas long as short
Hyperliquid STRKshort+0.0100%1h0.04415+0.091%$15.2M$7.3M5x
Aster STRKUSDT+0.0100%4h0.04414+0.077%$35K$374K10xas long as short
Pacifica STRK+0.0100%1h0.044110.000%$44K$69K5xas long as short
Binance STRKUSDT+0.0100%4h0.04414+0.068%$12.7M$50.3M75xas long as short
Bybit STRKUSDT+0.0100%4h0.04409−0.045%$15.5M$21.0M50xas long as short
OKX STRK-USDT-SWAP+0.0100%4h0.04410−0.023%$4.9M$23.9M50xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate STRK_USDT+0.0100%4h0.04419+0.181%$593K$1.5M50xas long as short
MEXC STRK_USDT+0.0100%4h0.04414+0.068%$11.7M$2.2M100xas long as short
KuCoin STRKUSDTMlong+0.0100%4h0.04411long leg$1.5M$1.9M50x
Bitget STRKUSDT+0.0100%4h0.04413+0.043%$3.1M$4.1M75xas long as short
BingX STRK-USDC+0.0100%4h0.04412+0.023%$724Kas long as short
Backpack STRK_USDC_PERP+0.0100%1h0.04412+0.023%$25K$152K10xas long as short
Variational Omni STRK+0.0100%4h0.04406−0.124%$260K$1.6Mas long as short
GRVT STRK_USDT_Perp+0.0100%4h0.04409−0.037%$190K$3.5M10xas long as short
SunX STRK-USDT+0.0100%4h0.04517+2.403%$2K$811K20xas long as short
Extended STRK-USD+0.0104%1h0.04410−0.013%$122K$626K10xas long as short
BloFin STRK-USDT+0.0145%4h0.044110.000%$776K$723K75xas long as short
Lighter STRK+0.0168%1h0.04424+0.295%$273K$541K5xas long as short
Kraken Futures PF_STRKUSD+0.0336%1h0.04421+0.227%$470K$494K20xas long as short
Deribit STRK_USDC-PERPETUAL+0.0429%1h0.04420+0.204%$8K$24K25xas long as short