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

STRK

all STRK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0469%/8h= −51.4% APRpaid last 24h +0.132%
Price spread now: Kraken Futures against MEXC+0.068%7-day average +0.191% · you sell dearer than you buy
Net, funding: paid 7d − costs+$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$86as in the Price arb table
costs, in and out, $10k−$740.738% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+1.421%+$142 on $10k
Price spread, last 4 days (all we have)+5.036%+$504 · spread now +0.068%, 7d avg +0.191%
Together, before fees+6.457%+$646 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and Kraken Futures is 0.124% cheaper against MEXC than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of +0.191%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +1.421%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC STRK_USDT0.043160.0100pay 0.0050% / 4h1h 32m$12.1M$2.0M100x
ShortKraken Futures PF_STRKUSD0.04319−0.0369pay 0.0046% / 1h32m 02s$453K$529K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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

Funding earned
−$98.57
Price spread: +0.068% → +0.191%
−$12.36
Slippage, 4 orders
−$59.82
Fee MEXC: 2 bp × 2 orders
−$4
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$184.76
Costs to cover
0.738%
Break-even
never at this rate
Slippage from MEXC: live order book, 1 min ago; Kraken Futures: live order book, 31 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 MEXC live order book, 1 min ago1.16 bp8.0 bp −$823.0 bp −$23094.2 bp −$9,420210.5 bp −$105.2K
Sell Kraken Futures live order book, 31 min ago9.21 bp31.1 bp −$31361.6 bp −$3,616doesn'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−0.0952%1h0.04280−0.834%$60K$86K25xas long as short
Kraken Futures PF_STRKUSDshort−0.0369%1h0.04319+0.068%$453K$529K20x
dYdX STRK-USD0.0000%1h0.04323+0.166%$20K$24K5xas long as short
Injective STRK/USDC PERP+0.0033%1h0.05070+17.470%$3K$38K5.5xas long as short
Lighter STRK+0.0096%1h0.04327+0.255%$264K$503K5xas long as short
Paradex STRK-USD-PERP+0.0100%8h0.04318+0.051%$8K$14420xas long as short
Hyperliquid STRK+0.0100%1h0.04321+0.116%$14.6M$6.9M5xas long as short
Aster STRKUSDT+0.0100%4h0.04319+0.066%$33K$328K10xas long as short
Pacifica STRK+0.0100%1h0.04322+0.151%$43K$69K5xas long as short
Binance STRKUSDT+0.0100%4h0.04318+0.046%$12.3M$46.1M75xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit STRKUSDT+0.0100%4h0.043160.000%$15.1M$20.8M50xas long as short
OKX STRK-USDT-SWAP+0.0100%4h0.04318+0.046%$4.7M$20.8M50xas long as short
Gate STRK_USDT+0.0100%4h0.04314−0.046%$581K$1.3M50xas long as short
MEXC STRK_USDTlong+0.0100%4h0.04316long leg$12.1M$2.0M100x
KuCoin STRKUSDTM+0.0100%4h0.04318+0.046%$1.5M$1.8M50xas long as short
Bitget STRKUSDT+0.0100%4h0.04317+0.023%$3.0M$3.8M75xas long as short
BingX STRK-USDT+0.0100%4h0.04317+0.023%$26.1Mas long as short
Backpack STRK_USDC_PERP+0.0100%1h0.04317+0.023%$24K$137K10xas long as short
Variational Omni STRK+0.0100%4h0.04325+0.201%$389K$2.1Mas long as short
GRVT STRK_USDT_Perp+0.0100%4h0.04328+0.269%$189K$3.5M10xas long as short
SunX STRK-USDT+0.0100%4h0.04417+2.340%$1K$835K20xas long as short
Extended STRK-USD+0.0104%1h0.04315−0.028%$121K$665K10xas long as short
Deribit STRK_USDC-PERPETUAL+0.0213%1h0.04320+0.093%$8K$44K25xas long as short
BloFin STRK-USDT+0.0340%4h0.04320+0.093%$751K$833K75xas long as short