Funding arb · Price arb /

STRK

all STRK markets

Swap Backtest

Alert: funding

Alert: spread

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

Price spread now: Variational Omni against KuCoin−0.251%7-day average −0.018% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on KuCoin Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)0.000%$0 on $10k

Price spread, last 7 days+0.259%+$26 · spread now −0.251%, 7d avg −0.018%

Together, before fees+0.259%+ Points / potential airdropVariational Omni: Active · farm board+$26 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: Variational Omni is 0.233% cheaper against KuCoin than usual: you would sell low and buy high, −$23 on $10k if it goes back to its 7-day average of −0.018%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin STRKUSDTM	0.04414	0.0100	pay 0.0050% / 4h	52m 53s	$1.5M	$1.9M	50x
Short	Variational Omni STRK	0.04403	0.0100	get 0.0050% / 4h	52m 53s	$324K	$2.0M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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 Variational OmnibpOrdersPrice spread, now −0.251%Rate

Funding earned: $0
Price spread: −0.251% → −0.018%: −$23.34
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$35.34
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 3 min ago; Variational Omni: RFQ quote, 1 min ago. Net counts fees only.

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, 3 min ago	3.40 bp	29.5 bp −$29	93.5 bp −$935	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 1 min ago	4.54 bp	doesn't fit	47.6 bp −$476	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	−0.0584%	1h	0.04396	−0.408%	$63K	$96K	25x	as long as short
dYdX STRK-USD	+0.0003%	1h	0.04418	+0.089%	$21K	$24K	5x	as long as short
Injective STRK/USDC PERP	+0.0033%	1h	0.05070	+14.862%	$3K	$38K	5.5x	as long as short
Bybit STRKUSDT	+0.0076%	4h	0.04408	−0.136%	$15.6M	$21.4M	50x	as long as short
Paradex STRK-USD-PERP	+0.0100%	8h	0.04410	−0.101%	$8K	$144	20x	as long as short
Hyperliquid STRK	+0.0100%	1h	0.04414	0.000%	$15.1M	$7.4M	5x	as long as short
Aster STRKUSDT	+0.0100%	4h	0.04416	+0.034%	$34K	$361K	10x	as long as short
Pacifica STRK	+0.0100%	1h	0.04414	+0.005%	$44K	$69K	5x	as long as short
Binance STRKUSDT	+0.0100%	4h	0.04411	−0.075%	$12.6M	$49.8M	75x	as long as short
OKX STRK-USDT-SWAP	+0.0100%	4h	0.04405	−0.204%	$4.9M	$23.5M	50x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate STRK_USDT	+0.0100%	4h	0.04410	−0.091%	$590K	$1.4M	50x	as long as short
MEXC STRK_USDT	+0.0100%	4h	0.04411	−0.068%	$12.4M	$2.1M	100x	as long as short
KuCoin STRKUSDTMlong	+0.0100%	4h	0.04414	long leg	$1.5M	$1.9M	50x
Bitget STRKUSDT	+0.0100%	4h	0.04413	−0.016%	$3.1M	$4.1M	75x	as long as short
BingX STRK-USDC	+0.0100%	4h	0.04410	−0.091%	—	$720K	—	as long as short
Variational Omni STRKshort	+0.0100%	4h	0.04403	−0.251%	$324K	$2.0M	—
GRVT STRK_USDT_Perp	+0.0100%	4h	0.04410	−0.091%	$193K	$3.5M	10x	as long as short
SunX STRK-USDT	+0.0100%	4h	0.04514	+2.266%	$1K	$832K	20x	as long as short
Extended STRK-USD	+0.0104%	1h	0.04410	−0.099%	$122K	$625K	10x	as long as short
BloFin STRK-USDT	+0.0146%	4h	0.04408	−0.136%	$751K	$726K	75x	as long as short
Backpack STRK_USDC_PERP	+0.0306%	1h	0.04411	−0.068%	$25K	$148K	10x	as long as short
Kraken Futures PF_STRKUSD	+0.0501%	1h	0.04414	0.000%	$473K	$512K	20x	as long as short
Lighter STRK	+0.0592%	1h	0.04423	+0.204%	$273K	$506K	5x	as long as short
Deribit STRK_USDC-PERPETUAL	+0.0657%	1h	0.04416	+0.045%	$2K	$34K	25x	as long as short