Funding arb · Price arb /

STRK

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Variational Omni against Paradex−0.145%7-day average — · you buy dearer than you sell

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

Long on Paradex Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 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 · Variational Omni: 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: Variational Omni is 0.145% cheaper against Paradex than usual: you would sell low and buy high, −$15 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex STRK-USD-PERP	0.04369	0.0100	pay 0.0100% / 8h	6m 40s	$8K	$144	20x
Short	Variational Omni STRK	0.04363	0.0100	get 0.0050% / 4h	6m 40s	$352K	$2.0M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Paradex. 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 ParadexbpFee Variational OmnibpOrdersPrice spread, now −0.145%Rate

Funding earned: $0.01
Price spread: −0.145% → 0.000%: −$14.51
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$18.5
Costs to cover: 0.040%
Break-even: 10331.3 days

Slippage unknown: Paradex: no order-book sample; Variational Omni: RFQ quote, 2 min ago. 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 Paradex no order-book sample	—	—	—	—	—
Sell Variational Omni RFQ quote, 2 min ago	4.59 bp	doesn't fit	45.9 bp −$459	doesn't fit	doesn't fit

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	−0.0584%	1h	0.04342	−0.623%	$62K	$95K	25x	as long as short
dYdX STRK-USD	0.0000%	1h	0.04374	+0.107%	$20K	$24K	5x	as long as short
Injective STRK/USDC PERP	+0.0033%	1h	0.05070	+16.039%	$3K	$38K	5.5x	as long as short
BloFin STRK-USDT	+0.0095%	4h	0.04375	+0.133%	$750K	$728K	75x	as long as short
Paradex STRK-USD-PERPlong	+0.0100%	8h	0.04369	long leg	$8K	$144	20x
Hyperliquid STRK	+0.0100%	1h	0.04376	+0.155%	$14.9M	$7.4M	5x	as long as short
Aster STRKUSDT	+0.0100%	4h	0.04375	+0.127%	$34K	$350K	10x	as long as short
Pacifica STRK	+0.0100%	1h	0.04374	+0.114%	$44K	$69K	5x	as long as short
Binance STRKUSDT	+0.0100%	4h	0.04370	+0.022%	$12.5M	$49.4M	75x	as long as short
Bybit STRKUSDT	+0.0100%	4h	0.04367	−0.051%	$15.3M	$21.5M	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-SWAP	+0.0100%	4h	0.04367	−0.051%	$4.9M	$23.0M	50x	as long as short
Gate STRK_USDT	+0.0100%	4h	0.04377	+0.178%	$585K	$1.4M	50x	as long as short
MEXC STRK_USDT	+0.0100%	4h	0.04370	+0.018%	$12.4M	$2.2M	100x	as long as short
KuCoin STRKUSDTM	+0.0100%	4h	0.04372	+0.064%	$1.5M	$1.9M	50x	as long as short
Bitget STRKUSDT	+0.0100%	4h	0.04370	+0.009%	$3.1M	$4.0M	75x	as long as short
BingX STRK-USDC	+0.0100%	4h	0.04370	+0.018%	—	$722K	—	as long as short
Backpack STRK_USDC_PERP	+0.0100%	1h	0.04372	+0.064%	$25K	$148K	10x	as long as short
Variational Omni STRKshort	+0.0100%	4h	0.04363	−0.145%	$352K	$2.0M	—
GRVT STRK_USDT_Perp	+0.0100%	4h	0.04371	+0.041%	$190K	$3.6M	10x	as long as short
SunX STRK-USDT	+0.0100%	4h	0.04477	+2.467%	$2K	$835K	20x	as long as short
Extended STRK-USD	+0.0104%	1h	0.04371	+0.040%	$121K	$625K	10x	as long as short
Deribit STRK_USDC-PERPETUAL	+0.0436%	1h	0.04379	+0.224%	$8K	$44K	25x	as long as short
Kraken Futures PF_STRKUSD	+0.0505%	1h	0.04376	+0.158%	$467K	$515K	20x	as long as short
Lighter STRK	+0.0664%	1h	0.04384	+0.339%	$271K	$507K	5x	as long as short