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

STRK

all STRK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.033%
Price spread now: Backpack against Variational Omni+0.369%7-day average −0.031% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.236%+$24 on $10k
Price spread, last 4 days (all we have)−2.580%−$258 · spread now +0.369%, 7d avg −0.031%
Together, before fees−2.344%+ Points / potential airdropVariational Omni: Active · farm board−$234 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: Backpack is 0.400% dearer against Variational Omni than usual: you sell high and buy low, +$40 on $10k if it goes back to its 7-day average of −0.031%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni STRK0.043640.0100pay 0.0050% / 4h1h 02m$258K$1.9M
ShortBackpack STRK_USDC_PERP0.043800.0100get 0.0013% / 1h2m 24s$25K$148K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Backpack against Variational Omni. 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
$0
Price spread: +0.369% → −0.031%
$39.99
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Backpack: 5 bp × 2 orders
−$10
Net
$29.99
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; Backpack: live order book, 16 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni RFQ quote, 2 min ago4.58 bpdoesn't fit39.0 bp −$390doesn't fitdoesn't fit
Sell Backpack live order book, 16 min ago2.28 bp21.0 bp −$21doesn't fitdoesn'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−0.0592%1h0.04355−0.204%$62K$95K25xas long as short
dYdX STRK-USD0.0000%1h0.04380+0.378%$20K$24K5xas long as short
Bybit STRKUSDT+0.0022%4h0.04376+0.277%$15.4M$21.3M50xas long as short
Injective STRK/USDC PERP+0.0033%1h0.05070+16.180%$3K$38K5.5xas long as short
BloFin STRK-USDT+0.0069%4h0.04381+0.392%$753K$718K75xas long as short
Paradex STRK-USD-PERP+0.0100%8h0.04379+0.349%$8K$14420xas long as short
Hyperliquid STRK+0.0100%1h0.04381+0.392%$15.0M$7.4M5xas long as short
Aster STRKUSDT+0.0100%4h0.04382+0.406%$34K$361K10xas long as short
Pacifica STRK+0.0100%1h0.04380+0.369%$44K$69K5xas long as short
Binance STRKUSDT+0.0100%4h0.04381+0.392%$12.6M$49.8M75xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX STRK-USDT-SWAP+0.0100%4h0.04377+0.300%$4.9M$23.3M50xas long as short
Gate STRK_USDT+0.0100%4h0.04377+0.300%$583K$1.4M50xas long as short
MEXC STRK_USDT+0.0100%4h0.04380+0.369%$12.3M$2.2M100xas long as short
KuCoin STRKUSDTM+0.0100%4h0.04380+0.369%$1.5M$1.9M50xas long as short
Bitget STRKUSDT+0.0100%4h0.04378+0.311%$3.1M$4.1M75xas long as short
BingX STRK-USDT+0.0100%4h0.04379+0.346%$26.1Mas long as short
Backpack STRK_USDC_PERPshort+0.0100%1h0.04380+0.369%$25K$148K10x
Variational Omni STRKlong+0.0100%4h0.04364long leg$258K$1.9M
GRVT STRK_USDT_Perp+0.0100%4h0.04370+0.140%$194K$3.5M10xas long as short
SunX STRK-USDT+0.0100%4h0.04477+2.591%$2K$830K20xas long as short
Extended STRK-USD+0.0104%1h0.04377+0.292%$121K$626K10xas long as short
Lighter STRK+0.0352%1h0.04391+0.621%$271K$541K5xas long as short
Deribit STRK_USDC-PERPETUAL+0.0663%1h0.04384+0.460%$8K$24K25xas long as short
Kraken Futures PF_STRKUSD+0.1172%1h0.04379+0.336%$469K$511K20xas long as short