Funding arb · Price arb /

STRK

all STRK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%

Price spread now: Extended against SunX−2.535%7-day average −2.451% · you buy dearer than you sell

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

Long on SunX Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.002%$0 on $10k

Price spread, last 3 days (all we have)−5.606%−$561 · spread now −2.535%, 7d avg −2.451%

Together, before fees−5.607%+ Points / potential airdropExtended: Active · farm board−$561 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: Extended is 0.083% cheaper against SunX than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −2.451%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX STRK-USDT	0.04517	0.0100	pay 0.0050% / 4h	2h 57m	$2K	$818K	20x
Short	Extended STRK-USD	0.04403	0.0104	get 0.0013% / 1h	57m 37s	$122K	$637K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against SunX. 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 SunXbpFee ExtendedbpOrdersPrice spread, now −2.535%Rate

Funding earned: $0.84
Price spread: −2.535% → −2.451%: −$8.33
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$20.49
Costs to cover: 0.130%
Break-even: 177.7 days

Slippage unknown: SunX: live order book, 24 min ago; Extended: live order book, 30 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 SunX live order book, 24 min ago	258.20 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Extended live order book, 30 min ago	6.76 bp	21.4 bp −$21	159.9 bp −$1,599	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	−2.878%	$63K	$90K	25x	as long as short
dYdX STRK-USD	0.0000%	1h	0.04412	−2.336%	$21K	$24K	5x	as long as short
Injective STRK/USDC PERP	+0.0033%	1h	0.05070	+12.243%	$3K	$38K	5.5x	as long as short
Paradex STRK-USD-PERP	+0.0100%	8h	0.04406	−2.465%	$8K	$144	20x	as long as short
Hyperliquid STRK	+0.0100%	1h	0.04412	−2.325%	$15.2M	$7.7M	5x	as long as short
Aster STRKUSDT	+0.0100%	4h	0.04412	−2.334%	$35K	$382K	10x	as long as short
Pacifica STRK	+0.0100%	1h	0.04411	−2.340%	$42K	$49K	5x	as long as short
Binance STRKUSDT	+0.0100%	4h	0.04407	−2.435%	$12.7M	$51.6M	75x	as long as short
Bybit STRKUSDT	+0.0100%	4h	0.04406	−2.457%	$15.5M	$21.4M	50x	as long as short
OKX STRK-USDT-SWAP	+0.0100%	4h	0.04407	−2.435%	$4.9M	$24.6M	50x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate STRK_USDT	+0.0100%	4h	0.04410	−2.369%	$593K	$1.4M	50x	as long as short
MEXC STRK_USDT	+0.0100%	4h	0.04408	−2.413%	$11.7M	$2.1M	100x	as long as short
KuCoin STRKUSDTM	+0.0100%	4h	0.04406	−2.457%	$1.5M	$2.0M	50x	as long as short
Bitget STRKUSDT	+0.0100%	4h	0.04408	−2.422%	$3.1M	$4.2M	75x	as long as short
BingX STRK-USDC	+0.0100%	4h	0.04407	−2.435%	—	$723K	—	as long as short
Backpack STRK_USDC_PERP	+0.0100%	1h	0.04409	−2.391%	$26K	$158K	10x	as long as short
Variational Omni STRK	+0.0100%	4h	0.04412	−2.334%	$260K	$1.6M	—	as long as short
GRVT STRK_USDT_Perp	+0.0100%	4h	0.04417	−2.214%	$191K	$3.5M	10x	as long as short
SunX STRK-USDTlong	+0.0100%	4h	0.04517	long leg	$2K	$818K	20x
Extended STRK-USDshort	+0.0104%	1h	0.04403	−2.535%	$122K	$637K	10x
BloFin STRK-USDT	+0.0115%	4h	0.04416	−2.236%	$781K	$733K	75x	as long as short
Lighter STRK	+0.0144%	1h	0.04420	−2.147%	$273K	$541K	5x	as long as short
Kraken Futures PF_STRKUSD	+0.0337%	1h	0.04420	−2.158%	$470K	$514K	20x	as long as short
Deribit STRK_USDC-PERPETUAL	+0.0430%	1h	0.04417	−2.214%	$8K	$34K	25x	as long as short