Funding arb · Price arb /

STRK

all STRK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Bybit against OKX0.000%7-day average −0.072% · you sell dearer than you buy

Net, funding: paid 7d − costs−$58as in the Funding arb table

Net, price: spread back to 7d avg − costs−$50as in the Price arb table

costs, in and out, $10k−$580.576% of the position

Long on OKX Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 7 days−0.023%−$2 · spread now 0.000%, 7d avg −0.072%

Together, before fees−0.023%−$2 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: Bybit is 0.072% dearer against OKX than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.072%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX STRK-USDT-SWAP	0.04395	0.0100	pay 0.0050% / 4h	2h 52m	$4.9M	$24.3M	50x
Short	Bybit STRKUSDT	0.04395	0.0100	get 0.0050% / 4h	2h 52m	$15.4M	$21.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against OKX. 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 OKXbpFee BybitbpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → −0.072%: $7.15
Slippage, 4 orders: −$36.6
Fee OKX: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$50.45
Costs to cover: 0.576%
Break-even: never at this rate

Slippage from OKX: live order book, 1 min ago; Bybit: live order book, 1 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 OKX live order book, 1 min ago	1.14 bp	15.4 bp −$15	104.6 bp −$1,046	doesn't fit	doesn't fit
Sell Bybit live order book, 1 min ago	1.14 bp	16.1 bp −$16	53.4 bp −$534	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	0.04387	−0.182%	$63K	$90K	25x	as long as short
dYdX STRK-USD	0.0000%	1h	0.04404	+0.205%	$21K	$24K	5x	as long as short
Injective STRK/USDC PERP	+0.0033%	1h	0.05070	+15.358%	$3K	$38K	5.5x	as long as short
Paradex STRK-USD-PERP	+0.0100%	8h	0.04416	+0.477%	$8K	$144	20x	as long as short
Hyperliquid STRK	+0.0100%	1h	0.04405	+0.228%	$15.2M	$7.3M	5x	as long as short
Aster STRKUSDT	+0.0100%	4h	0.04403	+0.182%	$35K	$374K	10x	as long as short
Pacifica STRK	+0.0100%	1h	0.04416	+0.482%	$42K	$49K	5x	as long as short
Binance STRKUSDT	+0.0100%	4h	0.04399	+0.089%	$12.7M	$51.1M	75x	as long as short
Bybit STRKUSDTshort	+0.0100%	4h	0.04395	0.000%	$15.4M	$21.2M	50x
OKX STRK-USDT-SWAPlong	+0.0100%	4h	0.04395	long leg	$4.9M	$24.3M	50x

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate STRK_USDT	+0.0100%	4h	0.04400	+0.114%	$592K	$1.4M	50x	as long as short
MEXC STRK_USDT	+0.0100%	4h	0.04399	+0.091%	$11.7M	$2.1M	100x	as long as short
KuCoin STRKUSDTM	+0.0100%	4h	0.04400	+0.114%	$1.5M	$2.0M	50x	as long as short
Bitget STRKUSDT	+0.0100%	4h	0.04397	+0.048%	$3.1M	$4.2M	75x	as long as short
BingX STRK-USDT	+0.0100%	4h	0.04398	+0.068%	—	$30.3M	—	as long as short
Backpack STRK_USDC_PERP	+0.0100%	1h	0.04401	+0.137%	$25K	$154K	10x	as long as short
Variational Omni STRK	+0.0100%	4h	0.04405	+0.238%	$260K	$1.6M	—	as long as short
GRVT STRK_USDT_Perp	+0.0100%	4h	0.04417	+0.506%	$191K	$3.5M	10x	as long as short
SunX STRK-USDT	+0.0100%	4h	0.04506	+2.526%	$1K	$814K	20x	as long as short
Extended STRK-USD	+0.0104%	1h	0.04398	+0.070%	$122K	$636K	10x	as long as short
BloFin STRK-USDT	+0.0122%	4h	0.04401	+0.137%	$777K	$729K	75x	as long as short
Kraken Futures PF_STRKUSD	+0.0337%	1h	0.04412	+0.393%	$470K	$506K	20x	as long as short
Lighter STRK	+0.0352%	1h	0.04411	+0.364%	$272K	$541K	5x	as long as short
Deribit STRK_USDC-PERPETUAL	+0.0431%	1h	0.04408	+0.296%	$8K	$24K	25x	as long as short