Funding arb · Price arb /

STRK

all STRK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%

Price spread now: Extended against MEXC−0.076%7-day average −0.125% · you buy dearer than you sell

Net, funding: paid 7d − costs−$56as in the Funding arb table

Net, price: spread back to 7d avg − costs−$52as in the Price arb table

costs, in and out, $10k−$570.571% of the position

Long on MEXC Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.008%+$1 on $10k

Price spread, last 4 days (all we have)−0.064%−$6 · spread now −0.076%, 7d avg −0.125%

Together, before fees−0.056%+ Points / potential airdropExtended: Active · farm board−$6 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: Extended is 0.049% dearer against MEXC than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.125%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC STRK_USDT	0.04396	0.0100	pay 0.0050% / 4h	1h 21m	$12.2M	$2.1M	100x
Short	Extended STRK-USD	0.04393	0.0104	get 0.0013% / 1h	21m 51s	$121K	$626K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against MEXC. 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 MEXCbpFee ExtendedbpOrdersPrice spread, now −0.076%Rate

Funding earned: $0.84
Price spread: −0.076% → −0.125%: $4.85
Slippage, 4 orders: −$48.06
Fee MEXC: 2 bp × 2 orders: −$4
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$51.37
Costs to cover: 0.571%
Break-even: 435.1 days

Slippage from MEXC: live order book, 1 min ago; Extended: live order book, 61 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 MEXC live order book, 1 min ago	1.14 bp	6.6 bp −$7	21.4 bp −$214	90.2 bp −$9,016	174.4 bp −$87.2K
Sell Extended live order book, 61 min ago	5.65 bp	20.4 bp −$20	134.8 bp −$1,348	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	−0.0592%	1h	0.04378	−0.409%	$62K	$96K	25x	as long as short
dYdX STRK-USD	0.0000%	1h	0.04396	−0.003%	$20K	$24K	5x	as long as short
Injective STRK/USDC PERP	+0.0033%	1h	0.05070	+15.332%	$3K	$38K	5.5x	as long as short
BloFin STRK-USDT	+0.0093%	4h	0.04392	−0.091%	$753K	$725K	75x	as long as short
Paradex STRK-USD-PERP	+0.0100%	8h	0.04391	−0.108%	$8K	$144	20x	as long as short
Hyperliquid STRK	+0.0100%	1h	0.04397	+0.023%	$15.1M	$7.3M	5x	as long as short
Aster STRKUSDT	+0.0100%	4h	0.04398	+0.039%	$34K	$363K	10x	as long as short
Pacifica STRK	+0.0100%	1h	0.04393	−0.061%	$44K	$69K	5x	as long as short
Binance STRKUSDT	+0.0100%	4h	0.04396	−0.002%	$12.7M	$50.0M	75x	as long as short
Bybit STRKUSDT	+0.0100%	4h	0.04389	−0.159%	$15.5M	$21.4M	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	0.04394	−0.045%	$4.9M	$23.6M	50x	as long as short
Gate STRK_USDT	+0.0100%	4h	0.04397	+0.023%	$586K	$1.4M	50x	as long as short
MEXC STRK_USDTlong	+0.0100%	4h	0.04396	long leg	$12.2M	$2.1M	100x
KuCoin STRKUSDTM	+0.0100%	4h	0.04395	−0.023%	$1.5M	$1.9M	50x	as long as short
Bitget STRKUSDT	+0.0100%	4h	0.04394	−0.043%	$3.1M	$4.1M	75x	as long as short
BingX STRK-USDT	+0.0100%	4h	0.04396	0.000%	—	$26.0M	—	as long as short
Backpack STRK_USDC_PERP	+0.0100%	1h	0.04395	−0.023%	$25K	$150K	10x	as long as short
Variational Omni STRK	+0.0100%	4h	0.04387	−0.206%	$259K	$1.9M	—	as long as short
GRVT STRK_USDT_Perp	+0.0100%	4h	0.04398	+0.055%	$187K	$3.5M	10x	as long as short
SunX STRK-USDT	+0.0100%	4h	0.04493	+2.207%	$1K	$826K	20x	as long as short
Extended STRK-USDshort	+0.0104%	1h	0.04393	−0.076%	$121K	$626K	10x
Lighter STRK	+0.0336%	1h	0.04404	+0.182%	$272K	$540K	5x	as long as short
Deribit STRK_USDC-PERPETUAL	+0.0432%	1h	0.04399	+0.068%	$8K	$24K	25x	as long as short
Kraken Futures PF_STRKUSD	+0.1167%	1h	0.04397	+0.017%	$477K	$492K	20x	as long as short