Funding arb · Price arb /

STRK

all STRK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: MEXC against SunX−2.504%53s7-day average −2.368% · you buy dearer than you sell

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

Long on SunX Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.010%−$1 on $10k

Price spread, last 3 days (all we have)−1.332%−$133 · spread now −2.504%, 7d avg −2.368%

Together, before fees−1.342%−$134 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: MEXC is 0.137% cheaper against SunX than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of −2.368%. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX STRK-USDT	0.04512	0.0100	pay 0.0050% / 4h	1h 43m	$2K	$823K	20x
Short	MEXC STRK_USDT	0.04399	0.0100	get 0.0050% / 4h	1h 43m	$12.2M	$2.1M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −2.504%Rate

Funding earned: $0
Price spread: −2.504% → −2.368%: −$13.68
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$25.68
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: SunX: live order book, 29 min ago; MEXC: live order book, 5 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, 29 min ago	253.84 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 5 min ago	1.13 bp	7.1 bp −$7	21.2 bp −$212	92.9 bp −$9,287	183.7 bp −$91.8K

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	−0.0592%	1h	0.04385	−2.815%	$62K	$96K	25x	as long as short
dYdX STRK-USD	0.0000%	1h	0.04405	−2.374%	$21K	$24K	5x	as long as short
Injective STRK/USDC PERP	+0.0033%	1h	0.05070	+12.367%	$3K	$38K	5.5x	as long as short
BloFin STRK-USDT	+0.0042%	4h	0.04410	−2.261%	$763K	$729K	75x	as long as short
Paradex STRK-USD-PERP	+0.0100%	8h	0.04400	−2.482%	$8K	$144	20x	as long as short
Hyperliquid STRK	+0.0100%	1h	0.04402	−2.438%	$15.1M	$7.3M	5x	as long as short
Aster STRKUSDT	+0.0100%	4h	0.04401	−2.460%	$34K	$363K	10x	as long as short
Pacifica STRK	+0.0100%	1h	0.04400	−2.482%	$44K	$69K	5x	as long as short
Binance STRKUSDT	+0.0100%	4h	0.04398	−2.533%	$12.7M	$50.2M	75x	as long as short
Bybit STRKUSDT	+0.0100%	4h	0.04393	−2.637%	$15.5M	$21.4M	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	0.04394	−2.615%	$4.9M	$23.6M	50x	as long as short
Gate STRK_USDT	+0.0100%	4h	0.04397	−2.549%	$587K	$1.4M	50x	as long as short
MEXC STRK_USDTshort	+0.0100%	4h	0.04399	−2.504%	$12.2M	$2.1M	100x
KuCoin STRKUSDTM	+0.0100%	4h	0.04396	−2.571%	$1.5M	$1.9M	50x	as long as short
Bitget STRKUSDT	+0.0100%	4h	0.04397	−2.542%	$3.1M	$4.1M	75x	as long as short
BingX STRK-USDT	+0.0100%	4h	0.04396	−2.571%	—	$25.9M	—	as long as short
Backpack STRK_USDC_PERP	+0.0100%	1h	0.04402	−2.438%	$25K	$151K	10x	as long as short
Variational Omni STRK	+0.0100%	4h	0.04396	−2.569%	$258K	$1.9M	—	as long as short
GRVT STRK_USDT_Perp	+0.0100%	4h	0.04405	−2.364%	$195K	$3.5M	10x	as long as short
SunX STRK-USDTlong	+0.0100%	4h	0.04512	long leg	$2K	$823K	20x
Extended STRK-USD	+0.0104%	1h	0.04398	−2.520%	$122K	$626K	10x	as long as short
Lighter STRK	+0.0440%	1h	0.04410	−2.261%	$272K	$540K	5x	as long as short
Deribit STRK_USDC-PERPETUAL	+0.0658%	1h	0.04408	−2.305%	$8K	$24K	25x	as long as short
Kraken Futures PF_STRKUSD	+0.1164%	1h	0.04409	−2.277%	$473K	$493K	20x	as long as short