Funding arb · Price arb /

STRK

all STRK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.020%

Price spread now: Injective against OKX+16.820%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 Injective

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—needs both histories

The price spread pays, funding is against you. Injective is 16.820% dearer against OKX than usual: you sell high and buy low (spread +16.820% now, against zero (this spread has no 7-day history yet)): +$1,682 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about years.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX STRK-USDT-SWAP	0.04340	0.0100	pay 0.0050% / 4h	46m 40s	$4.7M	$18.9M	50x
Short	Injective STRK/USDC PERP	0.05070	0.0033	get 0.0004% / 1h	46m 40s	$3K	$38K	5.5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective 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 InjectivebpOrdersPrice spread, now +16.820%Rate

Funding earned: −$14
Price spread: +16.820% → 0.000%: $1,682.03
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $1,658.01
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: OKX: live order book, 2 min ago; Injective: 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, 2 min ago	1.15 bp	15.7 bp −$16	41.5 bp −$415	doesn't fit	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

Injective: 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	−0.1224%	1h	0.04271	−1.590%	$70K	$87K	25x	as long as short
dYdX STRK-USD	0.0000%	1h	0.04341	+0.026%	$20K	$24K	5x	as long as short
Injective STRK/USDC PERPshort	+0.0033%	1h	0.05070	+16.820%	$3K	$38K	5.5x
Lighter STRK	+0.0096%	1h	0.04348	+0.184%	$258K	$440K	5x	as long as short
Paradex STRK-USD-PERP	+0.0100%	8h	0.04339	−0.027%	$8K	$144	20x	as long as short
Hyperliquid STRK	+0.0100%	1h	0.04344	+0.092%	$14.3M	$5.9M	5x	as long as short
Aster STRKUSDT	+0.0100%	4h	0.04339	−0.018%	$33K	$227K	10x	as long as short
Pacifica STRK	+0.0100%	1h	0.04343	+0.060%	$43K	$65K	5x	as long as short
Binance STRKUSDT	+0.0100%	4h	0.04340	+0.009%	$12.3M	$44.2M	75x	as long as short
Bybit STRKUSDT	+0.0100%	4h	0.04339	−0.023%	$15.1M	$20.0M	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-SWAPlong	+0.0100%	4h	0.04340	long leg	$4.7M	$18.9M	50x
Gate STRK_USDT	+0.0100%	4h	0.04339	−0.023%	$583K	$1.4M	50x	as long as short
MEXC STRK_USDT	+0.0100%	4h	0.04340	0.000%	$11.6M	$2.1M	100x	as long as short
KuCoin STRKUSDTM	+0.0100%	4h	0.04343	+0.069%	$1.5M	$1.8M	50x	as long as short
Bitget STRKUSDT	+0.0100%	4h	0.04342	+0.041%	$3.0M	$3.8M	75x	as long as short
BingX STRK-USDT	+0.0100%	4h	0.04341	+0.023%	—	$10.1M	—	as long as short
Backpack STRK_USDC_PERP	+0.0100%	1h	0.04340	0.000%	$29K	$144K	10x	as long as short
Variational Omni STRK	+0.0100%	4h	0.04326	−0.330%	$425K	$1.9M	—	as long as short
GRVT STRK_USDT_Perp	+0.0100%	4h	0.04328	−0.280%	$184K	$3.5M	10x	as long as short
SunX STRK-USDT	+0.0100%	4h	0.04440	+2.304%	$2K	$881K	20x	as long as short
Extended STRK-USD	+0.0104%	1h	0.04339	−0.016%	$120K	$840K	10x	as long as short
Kraken Futures PF_STRKUSD	+0.0332%	1h	0.04341	+0.012%	$451K	$567K	20x	as long as short
BloFin STRK-USDT	+0.0340%	4h	0.04337	−0.069%	$670K	$782K	75x	as long as short
Deribit STRK_USDC-PERPETUAL	+0.0903%	1h	0.04343	+0.069%	$8K	$43K	25x	as long as short