STRK

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.1320%/8h= −144.5% APRnext payment −$1.65 per $10,000 · paid last 24h −0.430%

Price spread now: Coinbase International against Lighter−1.680%7-day average −0.386% · you buy dearer than you sell

Net, funding: paid 7d − costs−$262as in the Funding arb table

Net, price: spread back to 7d avg − costs−$234as in the Price arb table

costs, in and out, $10k−$1051.049% of the position

Long on Lighter Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days−1.567%−$157 on $10k

Price spread, last 4 days (all we have)+2.220%+$222 · spread now −1.680%, 7d avg −0.386%

Together, before fees+0.653%+ Points / potential airdropLighter: Season 3 · farm board+$65 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$40 a day on $10k at the current rate, and Coinbase International is 1.295% cheaper against Lighter than usual: you would sell low and buy high (−$129 if the spread goes back to its 7-day average of −0.386%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter STRK	0.04344	0.0096	pay 0.0012% / 1h	46m 56s	$258K	$440K	5x
Short	Coinbase International STRK-PERP-INTX	0.04271	−0.1224	pay 0.0153% / 1h	46m 56s	$70K	$87K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International 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

Position, each leg$Hold fordaysFee LighterbpFee Coinbase InternationalbpOrdersPrice spread, now −1.680%Rate

Funding earned: −$277.2
Price spread: −1.680% → −0.386%: −$129.49
Slippage, 4 orders: −$94.93
Fee Lighter: 0 bp × 2 orders: $0
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$511.62
Costs to cover: 1.049%
Break-even: never at this rate

Slippage from Lighter: live order book, 48 min ago; Coinbase International: live order book, 81 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 Lighter live order book, 48 min ago	5.76 bp	25.6 bp −$26	65.1 bp −$651	doesn't fit	doesn't fit
Sell Coinbase International live order book, 81 min ago	12.89 bp	42.4 bp −$42	doesn't fit	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-INTXshort	−0.1224%	1h	0.04271	−1.680%	$70K	$87K	25x
dYdX STRK-USD	0.0000%	1h	0.04346	+0.049%	$20K	$24K	5x	as long as short
Injective STRK/USDC PERP	+0.0033%	1h	0.05070	+16.713%	$3K	$38K	5.5x	as long as short
Lighter STRKlong	+0.0096%	1h	0.04344	long leg	$258K	$440K	5x
Paradex STRK-USD-PERP	+0.0100%	8h	0.04336	−0.174%	$8K	$144	20x	as long as short
Hyperliquid STRK	+0.0100%	1h	0.04339	−0.115%	$14.3M	$5.9M	5x	as long as short
Aster STRKUSDT	+0.0100%	4h	0.04341	−0.079%	$33K	$227K	10x	as long as short
Pacifica STRK	+0.0100%	1h	0.04346	+0.055%	$43K	$65K	5x	as long as short
Binance STRKUSDT	+0.0100%	4h	0.04340	−0.092%	$12.3M	$44.2M	75x	as long as short
Bybit STRKUSDT	+0.0100%	4h	0.04339	−0.115%	$15.1M	$20.1M	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	0.04340	−0.092%	$4.7M	$19.0M	50x	as long as short
Gate STRK_USDT	+0.0100%	4h	0.04336	−0.184%	$583K	$1.4M	50x	as long as short
MEXC STRK_USDT	+0.0100%	4h	0.04341	−0.069%	$11.6M	$2.1M	100x	as long as short
KuCoin STRKUSDTM	+0.0100%	4h	0.04341	−0.069%	$1.5M	$1.8M	50x	as long as short
Bitget STRKUSDT	+0.0100%	4h	0.04342	−0.051%	$3.0M	$3.8M	75x	as long as short
BingX STRK-USDC	+0.0100%	4h	0.04341	−0.069%	—	$733K	—	as long as short
Backpack STRK_USDC_PERP	+0.0100%	1h	0.04340	−0.092%	$29K	$144K	10x	as long as short
Variational Omni STRK	+0.0100%	4h	0.04326	−0.422%	$425K	$1.9M	—	as long as short
GRVT STRK_USDT_Perp	+0.0100%	4h	0.04328	−0.372%	$184K	$3.5M	10x	as long as short
SunX STRK-USDT	+0.0100%	4h	0.04440	+2.210%	$2K	$881K	20x	as long as short
Extended STRK-USD	+0.0104%	1h	0.04338	−0.131%	$120K	$840K	10x	as long as short
Kraken Futures PF_STRKUSD	+0.0332%	1h	0.04341	−0.080%	$451K	$567K	20x	as long as short
BloFin STRK-USDT	+0.0340%	4h	0.04337	−0.161%	$670K	$782K	75x	as long as short
Deribit STRK_USDC-PERPETUAL	+0.0903%	1h	0.04343	−0.023%	$8K	$43K	25x	as long as short