Funding you earn now, next payment 00:00 UTC−0.0476%/8h= −52.1% APRpaid last 24h −0.090%
Price spread now: Paradex against Lighter−0.283%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · Paradex: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and Paradex is 0.283% cheaper against Lighter than usual: you would sell low and buy high (−$28 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter STRK | 0.04426 | 0.0576 | pay 0.0072% / 1h | 50m 25s | $273K | $506K | 5x |
| Short | Paradex STRK-USD-PERP | 0.04413 | 0.0100 | get 0.0100% / 8h | 50m 25s | $8K | $144 | 20x |
Lighter STRK
Paradex STRK-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex 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
- −$99.99
- Price spread: −0.283% → 0.000%
- −$28.29
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$132.29
- Costs to cover
- 0.040%
- Break-even
- never at this rate
Slippage unknown: Lighter: live order book, 20 min ago; Paradex: no order-book sample. 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 Lighter live order book, 20 min ago | 12.54 bp | 22.5 bp −$23 | 56.2 bp −$562 | doesn't fit | doesn't fit |
| Sell Paradex no order-book sample | — | — | — | — | — |
Paradex: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.678% | $63K | $96K | 25x | as long as short |
| dYdX STRK-USD | +0.0002% | 1h | 0.04417 | −0.195% | $21K | $24K | 5x | as long as short |
| Injective STRK/USDC PERP | +0.0033% | 1h | 0.05070 | +14.550% | $3K | $38K | 5.5x | as long as short |
| BloFin STRK-USDT | +0.0076% | 4h | 0.04414 | −0.271% | $749K | $720K | 75x | as long as short |
| Bybit STRKUSDT | +0.0089% | 4h | 0.04415 | −0.249% | $15.6M | $21.4M | 50x | as long as short |
| Paradex STRK-USD-PERPshort | +0.0100% | 8h | 0.04413 | −0.283% | $8K | $144 | 20x | |
| Hyperliquid STRK | +0.0100% | 1h | 0.04423 | −0.068% | $15.1M | $7.4M | 5x | as long as short |
| Aster STRKUSDT | +0.0100% | 4h | 0.04420 | −0.138% | $34K | $350K | 10x | as long as short |
| Pacifica STRK | +0.0100% | 1h | 0.04418 | −0.188% | $44K | $69K | 5x | as long as short |
| Binance STRKUSDT | +0.0100% | 4h | 0.04420 | −0.136% | $12.6M | $49.8M | 75x | as long as short |
Coinbase International STRK-PERP-INTX
dYdX STRK-USD
Injective STRK/USDC PERP
BloFin STRK-USDT
Bybit STRKUSDT
Hyperliquid STRK
Aster STRKUSDT
Pacifica STRK
Binance STRKUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX STRK-USDT-SWAP | +0.0100% | 4h | 0.04415 | −0.249% | $4.9M | $23.5M | 50x | as long as short |
| Gate STRK_USDT | +0.0100% | 4h | 0.04418 | −0.181% | $592K | $1.4M | 50x | as long as short |
| MEXC STRK_USDT | +0.0100% | 4h | 0.04418 | −0.181% | $12.4M | $2.1M | 100x | as long as short |
| KuCoin STRKUSDTM | +0.0100% | 4h | 0.04419 | −0.158% | $1.5M | $1.9M | 50x | as long as short |
| Bitget STRKUSDT | +0.0100% | 4h | 0.04417 | −0.194% | $3.1M | $4.1M | 75x | as long as short |
| BingX STRK-USDT | +0.0100% | 4h | 0.04416 | −0.226% | — | $26.4M | — | as long as short |
| Variational Omni STRK | +0.0100% | 4h | 0.04404 | −0.498% | $359K | $2.0M | — | as long as short |
| GRVT STRK_USDT_Perp | +0.0100% | 4h | 0.04410 | −0.362% | $193K | $3.5M | 10x | as long as short |
| SunX STRK-USDT | +0.0100% | 4h | 0.04520 | +2.124% | $1K | $832K | 20x | as long as short |
| Extended STRK-USD | +0.0104% | 1h | 0.04414 | −0.275% | $122K | $625K | 10x | as long as short |
| Backpack STRK_USDC_PERP | +0.0257% | 1h | 0.04415 | −0.249% | $25K | $148K | 10x | as long as short |
| Kraken Futures PF_STRKUSD | +0.0500% | 1h | 0.04420 | −0.142% | $473K | $512K | 20x | as long as short |
| Lighter STRKlong | +0.0576% | 1h | 0.04426 | long leg | $273K | $506K | 5x | |
| Deribit STRK_USDC-PERPETUAL | +0.0881% | 1h | 0.04424 | −0.045% | $2K | $34K | 25x | as long as short |
OKX STRK-USDT-SWAP
Gate STRK_USDT
MEXC STRK_USDT
KuCoin STRKUSDTM
Bitget STRKUSDT
BingX STRK-USDT
Variational Omni STRK
GRVT STRK_USDT_Perp
SunX STRK-USDT
Extended STRK-USD
Backpack STRK_USDC_PERP
Kraken Futures PF_STRKUSD
Deribit STRK_USDC-PERPETUAL