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

STRK

all STRK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0492%/8h= +53.9% APRpaid last 24h +0.090%
Price spread now: Lighter against OKX+0.387%7-day average +0.068% · you sell dearer than you buy
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$720.724% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.394%+$39 on $10k
Price spread, last 4 days (all we have)−0.146%−$15 · spread now +0.387%, 7d avg +0.068%
Together, before fees+0.248%+ Points / potential airdropLighter: Season 3 · farm board+$25 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and Lighter is 0.318% dearer against OKX than usual: you sell high and buy low: +$32 more if the spread goes back to its 7-day average of +0.068%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX STRK-USDT-SWAP0.043980.0100pay 0.0050% / 4h52m 37s$4.9M$23.5M50x
ShortLighter STRK0.044150.0592get 0.0074% / 1h52m 37s$273K$506K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter 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

Funding earned
$103.32
Price spread: +0.387% → +0.068%
$31.81
Slippage, 4 orders
−$62.42
Fee OKX: 5 bp × 2 orders
−$10
Fee Lighter: 0 bp × 2 orders
$0
Net
$62.71
Costs to cover
0.724%
Break-even
2.8 days
Slippage from OKX: live order book, 1 min ago; Lighter: live order book, 18 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 OKX live order book, 1 min ago1.13 bp15.5 bp −$15169.3 bp −$1,693doesn't fitdoesn't fit
Sell Lighter live order book, 18 min ago12.54 bp18.5 bp −$1865.1 bp −$651doesn'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−0.0584%1h0.04396−0.045%$63K$96K25xas long as short
dYdX STRK-USD+0.0002%1h0.04408+0.221%$21K$24K5xas long as short
Injective STRK/USDC PERP+0.0033%1h0.05070+15.280%$3K$38K5.5xas long as short
Bybit STRKUSDT+0.0076%4h0.04402+0.091%$15.6M$21.4M50xas long as short
Paradex STRK-USD-PERP+0.0100%8h0.04403+0.124%$8K$14420xas long as short
Hyperliquid STRK+0.0100%1h0.04409+0.250%$15.1M$7.4M5xas long as short
Aster STRKUSDT+0.0100%4h0.04405+0.149%$34K$361K10xas long as short
Pacifica STRK+0.0100%1h0.04405+0.171%$44K$69K5xas long as short
Binance STRKUSDT+0.0100%4h0.04403+0.114%$12.6M$49.7M75xas long as short
OKX STRK-USDT-SWAPlong+0.0100%4h0.04398long leg$4.9M$23.5M50x
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate STRK_USDT+0.0100%4h0.04407+0.205%$589K$1.4M50xas long as short
MEXC STRK_USDT+0.0100%4h0.04404+0.136%$12.4M$2.1M100xas long as short
KuCoin STRKUSDTM+0.0100%4h0.04409+0.250%$1.5M$1.9M50xas long as short
Bitget STRKUSDT+0.0100%4h0.04403+0.102%$3.1M$4.1M75xas long as short
BingX STRK-USDT+0.0100%4h0.04404+0.136%$26.4Mas long as short
Variational Omni STRK+0.0100%4h0.04403+0.112%$324K$2.0Mas long as short
GRVT STRK_USDT_Perp+0.0100%4h0.04410+0.273%$193K$3.5M10xas long as short
SunX STRK-USDT+0.0100%4h0.04514+2.638%$1K$832K20xas long as short
Extended STRK-USD+0.0104%1h0.04403+0.106%$122K$625K10xas long as short
BloFin STRK-USDT+0.0146%4h0.04408+0.227%$751K$726K75xas long as short
Backpack STRK_USDC_PERP+0.0306%1h0.04411+0.296%$25K$148K10xas long as short
Kraken Futures PF_STRKUSD+0.0501%1h0.04414+0.364%$473K$512K20xas long as short
Lighter STRKshort+0.0592%1h0.04415+0.387%$273K$506K5x
Deribit STRK_USDC-PERPETUAL+0.0657%1h0.04416+0.409%$2K$34K25xas long as short