Funding arb · Price arb /

STRK

all STRK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0001%/8h= −0.1% APRpaid last 24h 0.000%

Price spread now: Paradex against MEXC+0.125%46s7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on MEXC Short on Paradex

What this pair did over the last

the charts below follow

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 airdropParadex: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Paradex is 0.125% dearer against MEXC than usual: you sell high and buy low, +$12 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 46 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	MEXC STRK_USDT	0.04248	0.0100	pay 0.0050% / 4h	3h 02m	$11.4M	$2.1M	100x
Short	Paradex STRK-USD-PERP	0.04253	0.0099	get 0.0099% / 8h	3h 02m	$8K	$144	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex 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 ParadexbpOrdersPrice spread, now +0.125%Rate

Funding earned: −$0.21
Price spread: +0.125% → 0.000%: $12.49
Slippage, 4 orders: no order book: not counted
Fee MEXC: 2 bp × 2 orders: −$4
Fee Paradex: 2 bp × 2 orders: −$4
Net: $4.28
Costs to cover: 0.080%
Break-even: from the start

Slippage unknown: MEXC: live order book, 5 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 MEXC live order book, 5 min ago	1.18 bp	8.0 bp −$8	27.9 bp −$279	93.8 bp −$9,384	185.7 bp −$92.8K
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	−0.1032%	1h	0.04228	−0.471%	$69K	$99K	25x	as long as short
dYdX STRK-USD	0.0000%	1h	0.04254	+0.145%	$20K	$24K	5x	as long as short
Deribit STRK_USDC-PERPETUAL	0.0000%	1h	0.04253	+0.118%	$8K	$43K	25x	as long as short
Injective STRK/USDC PERP	+0.0033%	1h	0.05070	+19.350%	$3K	$38K	5.5x	as long as short
Kraken Futures PF_STRKUSD	+0.0060%	1h	0.04248	+0.009%	$446K	$581K	20x	as long as short
Lighter STRK	+0.0096%	1h	0.04255	+0.165%	$254K	$473K	5x	as long as short
Paradex STRK-USD-PERPshort	+0.0099%	8h	0.04253	+0.125%	$8K	$144	20x
Hyperliquid STRK	+0.0100%	1h	0.04248	0.000%	$14.1M	$6.5M	5x	as long as short
Aster STRKUSDT	+0.0100%	4h	0.04244	−0.100%	$33K	$229K	10x	as long as short
Pacifica STRK	+0.0100%	1h	0.04257	+0.202%	$42K	$69K	5x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance STRKUSDT	+0.0100%	4h	0.04243	−0.119%	$12.0M	$44.9M	75x	as long as short
Bybit STRKUSDT	+0.0100%	4h	0.04241	−0.165%	$14.8M	$20.2M	50x	as long as short
OKX STRK-USDT-SWAP	+0.0100%	4h	0.04245	−0.071%	$4.6M	$19.4M	50x	as long as short
Gate STRK_USDT	+0.0100%	4h	0.04242	−0.141%	$557K	$1.4M	50x	as long as short
MEXC STRK_USDTlong	+0.0100%	4h	0.04248	long leg	$11.4M	$2.1M	100x
KuCoin STRKUSDTM	+0.0100%	4h	0.04249	+0.024%	$1.4M	$1.8M	50x	as long as short
Bitget STRKUSDT	+0.0100%	4h	0.04246	−0.047%	$3.1M	$3.9M	75x	as long as short
BingX STRK-USDC	+0.0100%	4h	0.04245	−0.071%	—	$724K	—	as long as short
Backpack STRK_USDC_PERP	+0.0100%	1h	0.04248	0.000%	$27K	$145K	10x	as long as short
Variational Omni STRK	+0.0100%	4h	0.04255	+0.159%	$418K	$2.0M	—	as long as short
GRVT STRK_USDT_Perp	+0.0100%	4h	0.04253	+0.118%	$186K	$3.5M	10x	as long as short
SunX STRK-USDT	+0.0100%	4h	0.04349	+2.378%	$2K	$860K	20x	as long as short
Extended STRK-USD	+0.0104%	1h	0.04245	−0.061%	$119K	$472K	10x	as long as short
BloFin STRK-USDT	+0.0340%	4h	0.04254	+0.141%	$720K	$754K	75x	as long as short