Funding arb · Price arb /

STRK

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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: BingX against Variational Omni−0.157%7-day average −0.024% · you buy dearer than you sell

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

Long on Variational Omni Short on BingX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)0.000%$0 on $10k

Price spread, last 4 days (all we have)−3.309%−$331 · spread now −0.157%, 7d avg −0.024%

Together, before fees−3.309%+ Points / potential airdropVariational Omni: Active · farm board−$331 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: BingX is 0.133% cheaper against Variational Omni than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of −0.024%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni STRK	0.04334	0.0100	pay 0.0050% / 4h	3h 20m	$352K	$2.0M	—
Short	BingX STRK-USDC	0.04327	0.0100	get 0.0050% / 4h	3h 20m	—	$728K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX 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

Position, each leg$Hold fordaysFee Variational OmnibpFee BingXbpOrdersPrice spread, now −0.157%Rate

Funding earned: $0
Price spread: −0.157% → −0.024%: −$13.29
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee BingX: 5 bp × 2 orders: −$10
Net: −$23.29
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Variational Omni: RFQ quote, 3 min ago; BingX: live order book, 68 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 Variational Omni RFQ quote, 3 min ago	4.61 bp	doesn't fit	43.8 bp −$438	doesn't fit	doesn't fit
Sell BingX live order book, 68 min ago	2.28 bp	17.4 bp −$17	40.5 bp −$405	257.1 bp −$25.7K	680.2 bp −$340.1K

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	−0.0576%	1h	0.04327	−0.157%	$61K	$94K	25x	as long as short
Kraken Futures PF_STRKUSD	−0.0402%	1h	0.04338	+0.101%	$461K	$523K	20x	as long as short
dYdX STRK-USD	0.0000%	1h	0.04330	−0.081%	$20K	$24K	5x	as long as short
Injective STRK/USDC PERP	+0.0033%	1h	0.05070	+16.988%	$3K	$38K	5.5x	as long as short
BloFin STRK-USDT	+0.0042%	4h	0.04337	+0.074%	$749K	$715K	75x	as long as short
Paradex STRK-USD-PERP	+0.0100%	8h	0.04324	−0.228%	$8K	$144	20x	as long as short
Hyperliquid STRK	+0.0100%	1h	0.04329	−0.110%	$14.7M	$7.3M	5x	as long as short
Aster STRKUSDT	+0.0100%	4h	0.04337	+0.080%	$33K	$346K	10x	as long as short
Pacifica STRK	+0.0100%	1h	0.04326	−0.175%	$43K	$69K	5x	as long as short
Binance STRKUSDT	+0.0100%	4h	0.04326	−0.173%	$12.3M	$48.8M	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	0.04322	−0.272%	$15.1M	$21.5M	50x	as long as short
OKX STRK-USDT-SWAP	+0.0100%	4h	0.04326	−0.180%	$4.8M	$22.5M	50x	as long as short
Gate STRK_USDT	+0.0100%	4h	0.04326	−0.180%	$576K	$1.4M	50x	as long as short
MEXC STRK_USDT	+0.0100%	4h	0.04328	−0.133%	$12.3M	$2.2M	100x	as long as short
KuCoin STRKUSDTM	+0.0100%	4h	0.04328	−0.133%	$1.5M	$1.9M	50x	as long as short
Bitget STRKUSDT	+0.0100%	4h	0.04326	−0.180%	$3.0M	$4.0M	75x	as long as short
BingX STRK-USDCshort	+0.0100%	4h	0.04327	−0.157%	—	$728K	—
Backpack STRK_USDC_PERP	+0.0100%	1h	0.04334	+0.005%	$24K	$147K	10x	as long as short
Variational Omni STRKlong	+0.0100%	4h	0.04334	long leg	$352K	$2.0M	—
GRVT STRK_USDT_Perp	+0.0100%	4h	0.04349	+0.345%	$188K	$3.5M	10x	as long as short
SunX STRK-USDT	+0.0100%	4h	0.04438	+2.405%	$2K	$840K	20x	as long as short
Extended STRK-USD	+0.0104%	1h	0.04327	−0.168%	$123K	$659K	10x	as long as short
Lighter STRK	+0.0360%	1h	0.04337	+0.074%	$264K	$506K	5x	as long as short
Deribit STRK_USDC-PERPETUAL	+0.0903%	1h	0.04341	+0.166%	$8K	$44K	25x	as long as short