Funding arb · Price arb /

STRK

all STRK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h +0.293%

Price spread now: dYdX against OKX+0.027%7-day average — · you sell dearer than you buy

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

Long on OKX Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. dYdX is 0.027% dearer against OKX than usual: you sell high and buy low (spread +0.027% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 21 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX STRK-USDT-SWAP	0.04377	0.0100	pay 0.0050% / 4h	0m 08s	$4.9M	$23.0M	50x
Short	dYdX STRK-USD	0.04378	0.0000	get 0.0000% / 1h	0m 08s	$20K	$24K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX 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 dYdXbpOrdersPrice spread, now +0.027%Rate

Funding earned: −$20.94
Price spread: +0.027% → 0.000%: $2.68
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$38.27
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: OKX: live order book, 3 min ago; dYdX: 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 OKX live order book, 3 min ago	1.14 bp	14.6 bp −$15	203.2 bp −$2,032	doesn't fit	doesn't fit
Sell dYdX no order-book sample	—	—	—	—	—

dYdX: 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	0.04342	−0.800%	$62K	$95K	25x	as long as short
dYdX STRK-USDshort	0.0000%	1h	0.04378	+0.027%	$20K	$24K	5x
Injective STRK/USDC PERP	+0.0033%	1h	0.05070	+15.833%	$3K	$38K	5.5x	as long as short
Paradex STRK-USD-PERP	+0.0100%	8h	0.04379	+0.038%	$8K	$144	20x	as long as short
Hyperliquid STRK	+0.0100%	1h	0.04383	+0.137%	$14.9M	$7.4M	5x	as long as short
Aster STRKUSDT	+0.0100%	4h	0.04382	+0.119%	$34K	$350K	10x	as long as short
Pacifica STRK	+0.0100%	1h	0.04380	+0.069%	$44K	$69K	5x	as long as short
Binance STRKUSDT	+0.0100%	4h	0.04380	+0.069%	$12.5M	$49.3M	75x	as long as short
Bybit STRKUSDT	+0.0100%	4h	0.04374	−0.069%	$15.4M	$21.5M	50x	as long as short
OKX STRK-USDT-SWAPlong	+0.0100%	4h	0.04377	long leg	$4.9M	$23.0M	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	0.04380	+0.069%	$586K	$1.4M	50x	as long as short
MEXC STRK_USDT	+0.0100%	4h	0.04380	+0.069%	$12.4M	$2.2M	100x	as long as short
KuCoin STRKUSDTM	+0.0100%	4h	0.04380	+0.069%	$1.5M	$1.9M	50x	as long as short
Bitget STRKUSDT	+0.0100%	4h	0.04379	+0.053%	$3.1M	$4.0M	75x	as long as short
BingX STRK-USDC	+0.0100%	4h	0.04378	+0.023%	—	$724K	—	as long as short
Backpack STRK_USDC_PERP	+0.0100%	1h	0.04380	+0.069%	$25K	$148K	10x	as long as short
Variational Omni STRK	+0.0100%	4h	0.04369	−0.185%	$353K	$2.0M	—	as long as short
GRVT STRK_USDT_Perp	+0.0100%	4h	0.04369	−0.187%	$192K	$3.6M	10x	as long as short
SunX STRK-USDT	+0.0100%	4h	0.04483	+2.422%	$2K	$835K	20x	as long as short
Extended STRK-USD	+0.0104%	1h	0.04379	+0.049%	$121K	$625K	10x	as long as short
BloFin STRK-USDT	+0.0119%	4h	0.04377	0.000%	$749K	$728K	75x	as long as short
Kraken Futures PF_STRKUSD	+0.0505%	1h	0.04379	+0.043%	$468K	$515K	20x	as long as short
Lighter STRK	+0.0640%	1h	0.04391	+0.320%	$271K	$507K	5x	as long as short
Deribit STRK_USDC-PERPETUAL	+0.0663%	1h	0.04385	+0.183%	$8K	$44K	25x	as long as short