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

STRK

all STRK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0244%/8h= +26.7% APRpaid last 24h −0.071%
Price spread now: BloFin against Lighter−0.116%7-day average −0.052% · you buy dearer than you sell
Net, funding: paid 7d − costs−$107as in the Funding arb table
Net, price: spread back to 7d avg − costs−$80as in the Price arb table
costs, in and out, $10k−$740.736% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.334%−$33 on $10k
Price spread, last 4 days (all we have)+3.832%+$383 · spread now −0.116%, 7d avg −0.052%
Together, before fees+3.498%+ Points / potential airdropLighter: Season 3 · farm board+$350 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.064% cheaper against Lighter than usual: you would sell low and buy high (spread −0.116% now, against its 7-day average of −0.052%). If the spread goes back, that is −$6 on $10k: about 21 hours of funding at the current rate (+$7 a day). Mind the row above: over the last 7 days funding on this pair cost −0.334%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter STRK0.043280.0096pay 0.0012% / 1h58m 46s$264K$463K5x
ShortBloFin STRK-USDT0.043230.0340get 0.0170% / 4h3h 58m$764K$787K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Lighter. 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
$51.24
Price spread: −0.116% → −0.052%
−$6.36
Slippage, 4 orders
−$61.61
Fee Lighter: 0 bp × 2 orders
$0
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$28.73
Costs to cover
0.736%
Break-even
10.9 days
Slippage from Lighter: live order book, 51 min ago; BloFin: live order book, 38 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 Lighter live order book, 51 min ago8.06 bp25.9 bp −$2665.0 bp −$650doesn't fitdoesn't fit
Sell BloFin live order book, 38 min ago6.98 bp17.2 bp −$1729.9 bp −$299doesn'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−0.1032%1h0.04303−0.578%$75K$98K25xas long as short
dYdX STRK-USD0.0000%1h0.04322−0.144%$20K$24K5xas long as short
Injective STRK/USDC PERP+0.0033%1h0.05070+17.144%$3K$38K5.5xas long as short
Kraken Futures PF_STRKUSD+0.0059%1h0.04330+0.037%$460K$556K20xas long as short
Lighter STRKlong+0.0096%1h0.04328long leg$264K$463K5x
Paradex STRK-USD-PERP+0.0100%8h0.04330+0.057%$8K$14420xas long as short
Hyperliquid STRK+0.0100%1h0.04327−0.023%$14.5M$6.3M5xas long as short
Aster STRKUSDT+0.0100%4h0.04325−0.074%$33K$229K10xas long as short
Pacifica STRK+0.0100%1h0.04333+0.111%$43K$69K5xas long as short
Binance STRKUSDT+0.0100%4h0.04320−0.185%$12.4M$44.6M75xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit STRKUSDT+0.0100%4h0.04316−0.277%$15.2M$20.1M50xas long as short
OKX STRK-USDT-SWAP+0.0100%4h0.04320−0.185%$4.7M$19.7M50xas long as short
Gate STRK_USDT+0.0100%4h0.04327−0.023%$567K$1.3M50xas long as short
MEXC STRK_USDT+0.0100%4h0.04321−0.162%$12.1M$1.9M100xas long as short
KuCoin STRKUSDTM+0.0100%4h0.04323−0.116%$1.5M$1.8M50xas long as short
Bitget STRKUSDT+0.0100%4h0.04322−0.127%$3.1M$3.7M75xas long as short
BingX STRK-USDT+0.0100%4h0.04321−0.162%$9.2Mas long as short
Backpack STRK_USDC_PERP+0.0100%1h0.04320−0.185%$30K$143K10xas long as short
Variational Omni STRK+0.0100%4h0.04320−0.191%$429K$1.9Mas long as short
GRVT STRK_USDT_Perp+0.0100%4h0.04319−0.215%$186K$3.5M10xas long as short
SunX STRK-USDT+0.0100%4h0.04427+2.287%$1K$844K20xas long as short
Extended STRK-USD+0.0104%1h0.04319−0.213%$121K$659K10xas long as short
BloFin STRK-USDTshort+0.0340%4h0.04323−0.116%$764K$787K75x
Deribit STRK_USDC-PERPETUAL+0.0444%1h0.04327−0.023%$8K$44K25xas long as short