Funding you earn now, next payment 22:00 UTC−0.0044%/8h= −4.8% APRpaid last 24h −0.105%
Price spread now: GRVT against Lighter−0.580%78s7-day average +0.138% · you buy dearer than you sell
Net, funding: paid 7d − costs−$124as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$810.815% of the position
Funding, last 7 days−0.429%−$43 on $10k
+Price spread, last 4 days (all we have)+3.576%+$358 · spread now −0.580%, 7d avg +0.138%
=Together, before fees+3.147%+ Points / potential airdropLighter: Season 3 · GRVT: Active · farm board+$315 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and GRVT is 0.718% cheaper against Lighter than usual: you would sell low and buy high (−$72 if the spread goes back to its 7-day average of +0.138%). Swap the legs. The two prices were read 78 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter STRK | 0.04422 | 0.0144 | pay 0.0018% / 1h | 44m 10s | $273K | $541K | 5x |
| Short | GRVT STRK_USDT_Perp | 0.04396 | 0.0100 | get 0.0050% / 4h | 2h 44m | $189K | $3.5M | 10x |
Lighter STRK
GRVT STRK_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against Lighter. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$9.24
- Price spread: −0.580% → +0.138%
- −$71.82
- Slippage, 4 orders
- −$72.5
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$162.56
- Costs to cover
- 0.815%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 40 min ago; GRVT: live order book, 5 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, 40 min ago | 13.41 bp | 23.5 bp −$24 | 63.8 bp −$638 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 5 min ago | 5.68 bp | 21.8 bp −$22 | 96.5 bp −$965 | 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 | −0.0352% | 1h | 0.04374 | −1.085% | $63K | $90K | 25x | as long as short |
| dYdX STRK-USD | 0.0000% | 1h | 0.04401 | −0.475% | $21K | $24K | 5x | as long as short |
| Injective STRK/USDC PERP | +0.0033% | 1h | 0.05070 | +14.654% | $3K | $38K | 5.5x | as long as short |
| Paradex STRK-USD-PERP | +0.0100% | 8h | 0.04403 | −0.418% | $8K | $144 | 20x | as long as short |
| Hyperliquid STRK | +0.0100% | 1h | 0.04415 | −0.158% | $15.2M | $7.3M | 5x | as long as short |
| Aster STRKUSDT | +0.0100% | 4h | 0.04412 | −0.235% | $35K | $374K | 10x | as long as short |
| Pacifica STRK | +0.0100% | 1h | 0.04402 | −0.457% | $42K | $49K | 5x | as long as short |
| Binance STRKUSDT | +0.0100% | 4h | 0.04412 | −0.226% | $12.7M | $50.5M | 75x | as long as short |
| Bybit STRKUSDT | +0.0100% | 4h | 0.04406 | −0.362% | $15.4M | $21.1M | 50x | as long as short |
| OKX STRK-USDT-SWAP | +0.0100% | 4h | 0.04408 | −0.317% | $4.9M | $23.9M | 50x | as long as short |
Coinbase International STRK-PERP-INTX
dYdX STRK-USD
Injective STRK/USDC PERP
Paradex STRK-USD-PERP
Hyperliquid STRK
Aster STRKUSDT
Pacifica STRK
Binance STRKUSDT
Bybit STRKUSDT
OKX STRK-USDT-SWAPShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate STRK_USDT | +0.0100% | 4h | 0.04408 | −0.317% | $593K | $1.4M | 50x | as long as short |
| MEXC STRK_USDT | +0.0100% | 4h | 0.04410 | −0.271% | $11.6M | $2.2M | 100x | as long as short |
| KuCoin STRKUSDTM | +0.0100% | 4h | 0.04408 | −0.317% | $1.5M | $1.9M | 50x | as long as short |
| Bitget STRKUSDT | +0.0100% | 4h | 0.04410 | −0.283% | $3.1M | $4.1M | 75x | as long as short |
| BingX STRK-USDT | +0.0100% | 4h | 0.04408 | −0.317% | — | $30.3M | — | as long as short |
| Backpack STRK_USDC_PERP | +0.0100% | 1h | 0.04396 | −0.588% | $25K | $152K | 10x | as long as short |
| Variational Omni STRK | +0.0100% | 4h | 0.04391 | −0.712% | $264K | $1.6M | — | as long as short |
| GRVT STRK_USDT_Perpshort | +0.0100% | 4h | 0.04396 | −0.580% | $189K | $3.5M | 10x | |
| SunX STRK-USDT | +0.0100% | 4h | 0.04514 | +2.081% | $1K | $811K | 20x | as long as short |
| Extended STRK-USD | +0.0104% | 1h | 0.04408 | −0.328% | $122K | $626K | 10x | as long as short |
| Lighter STRKlong | +0.0144% | 1h | 0.04422 | long leg | $273K | $541K | 5x | |
| BloFin STRK-USDT | +0.0148% | 4h | 0.04402 | −0.452% | $779K | $722K | 75x | as long as short |
| Kraken Futures PF_STRKUSD | +0.0337% | 1h | 0.04419 | −0.060% | $470K | $495K | 20x | as long as short |
| Deribit STRK_USDC-PERPETUAL | +0.0430% | 1h | 0.04417 | −0.113% | $8K | $24K | 25x | as long as short |
Gate STRK_USDT
MEXC STRK_USDT
KuCoin STRKUSDTM
Bitget STRKUSDT
BingX STRK-USDT
Backpack STRK_USDC_PERP
Variational Omni STRK
SunX STRK-USDT
Extended STRK-USD
BloFin STRK-USDT
Kraken Futures PF_STRKUSD
Deribit STRK_USDC-PERPETUAL