Funding arb · Price arb /

STRK

all STRK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: OKX against SunX−2.420%47s7-day average −2.369% · you buy dearer than you sell

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

Long on SunX Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.012%−$1 on $10k

Price spread, last 4 days (all we have)−5.109%−$511 · spread now −2.420%, 7d avg −2.369%

Together, before fees−5.121%−$512 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: OKX is 0.051% cheaper against SunX than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −2.369%. The two prices were read 47 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	0.04421	0.0100	pay 0.0050% / 4h	1h 41m	$2K	$835K	20x
Short	OKX STRK-USDT-SWAP	0.04314	0.0100	get 0.0050% / 4h	1h 41m	$4.7M	$20.8M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −2.420%Rate

Funding earned: $0
Price spread: −2.420% → −2.369%: −$5.1
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee OKX: 5 bp × 2 orders: −$10
Net: −$23.1
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: SunX: live order book, 61 min ago; OKX: live order book, 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 SunX live order book, 61 min ago	253.55 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 2 min ago	1.16 bp	16.5 bp −$17	91.8 bp −$918	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	−0.0952%	1h	0.04280	−3.189%	$60K	$86K	25x	as long as short
Kraken Futures PF_STRKUSD	−0.0369%	1h	0.04322	−2.230%	$454K	$529K	20x	as long as short
dYdX STRK-USD	0.0000%	1h	0.04311	−2.485%	$20K	$24K	5x	as long as short
Injective STRK/USDC PERP	+0.0033%	1h	0.05070	+14.680%	$3K	$38K	5.5x	as long as short
Lighter STRK	+0.0096%	1h	0.04320	−2.285%	$264K	$503K	5x	as long as short
Paradex STRK-USD-PERP	+0.0100%	8h	0.04310	−2.522%	$8K	$144	20x	as long as short
Hyperliquid STRK	+0.0100%	1h	0.04313	−2.443%	$14.6M	$7.0M	5x	as long as short
Aster STRKUSDT	+0.0100%	4h	0.04311	−2.498%	$33K	$328K	10x	as long as short
Pacifica STRK	+0.0100%	1h	0.04313	−2.434%	$43K	$69K	5x	as long as short
Binance STRKUSDT	+0.0100%	4h	0.04312	−2.466%	$12.3M	$46.2M	75x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit STRKUSDT	+0.0100%	4h	0.04311	−2.488%	$15.0M	$20.8M	50x	as long as short
OKX STRK-USDT-SWAPshort	+0.0100%	4h	0.04314	−2.420%	$4.7M	$20.8M	50x
Gate STRK_USDT	+0.0100%	4h	0.04310	−2.511%	$579K	$1.3M	50x	as long as short
MEXC STRK_USDT	+0.0100%	4h	0.04311	−2.488%	$12.2M	$2.0M	100x	as long as short
KuCoin STRKUSDTM	+0.0100%	4h	0.04312	−2.466%	$1.5M	$1.8M	50x	as long as short
Bitget STRKUSDT	+0.0100%	4h	0.04309	−2.536%	$3.0M	$3.7M	75x	as long as short
BingX STRK-USDT	+0.0100%	4h	0.04312	−2.466%	—	$26.1M	—	as long as short
Backpack STRK_USDC_PERP	+0.0100%	1h	0.04318	−2.330%	$24K	$137K	10x	as long as short
Variational Omni STRK	+0.0100%	4h	0.04309	−2.539%	$387K	$2.1M	—	as long as short
GRVT STRK_USDT_Perp	+0.0100%	4h	0.04322	−2.245%	$187K	$3.5M	10x	as long as short
SunX STRK-USDTlong	+0.0100%	4h	0.04421	long leg	$2K	$835K	20x
Extended STRK-USD	+0.0104%	1h	0.04310	−2.503%	$119K	$665K	10x	as long as short
BloFin STRK-USDT	+0.0340%	4h	0.04324	−2.194%	$759K	$830K	75x	as long as short
Deribit STRK_USDC-PERPETUAL	+0.0444%	1h	0.04325	−2.171%	$8K	$44K	25x	as long as short