Funding arb · Price arb /

STRK

all STRK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h +0.346%

Price spread now: dYdX against Variational Omni+0.262%7-day average — · you sell dearer than you buy

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

Long on Variational Omni Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

The price spread pays, funding is against you. dYdX is 0.262% dearer against Variational Omni than usual: you sell high and buy low (spread +0.262% now, against zero (this spread has no 7-day history yet)): +$26 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 8.7 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni STRK	0.04393	0.0100	pay 0.0050% / 4h	2h 48m	$259K	$1.6M	—
Short	dYdX STRK-USD	0.04404	0	get 0.0000% / 1h	48m 34s	$21K	$24K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX 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 dYdXbpOrdersPrice spread, now +0.262%Rate

Funding earned: −$21
Price spread: +0.262% → 0.000%: $26.23
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$4.77
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Variational Omni: RFQ quote, 1 min ago; dYdX: no order-book sample. 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, 1 min ago	5.69 bp	doesn't fit	42.1 bp −$421	doesn't fit	doesn't fit
Sell dYdX no order-book sample	—	—	—	—	—

dYdX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	0.04374	−0.422%	$63K	$90K	25x	as long as short
dYdX STRK-USDshort	0.0000%	1h	0.04404	+0.262%	$21K	$24K	5x
Injective STRK/USDC PERP	+0.0033%	1h	0.05070	+15.423%	$3K	$38K	5.5x	as long as short
Paradex STRK-USD-PERP	+0.0100%	8h	0.04402	+0.218%	$8K	$144	20x	as long as short
Hyperliquid STRK	+0.0100%	1h	0.04403	+0.239%	$15.2M	$7.3M	5x	as long as short
Aster STRKUSDT	+0.0100%	4h	0.04403	+0.234%	$35K	$374K	10x	as long as short
Pacifica STRK	+0.0100%	1h	0.04403	+0.241%	$42K	$49K	5x	as long as short
Binance STRKUSDT	+0.0100%	4h	0.04399	+0.150%	$12.7M	$50.6M	75x	as long as short
Bybit STRKUSDT	+0.0100%	4h	0.04395	+0.056%	$15.4M	$21.2M	50x	as long as short
OKX STRK-USDT-SWAP	+0.0100%	4h	0.04396	+0.079%	$4.9M	$24.0M	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	0.04397	+0.102%	$592K	$1.4M	50x	as long as short
MEXC STRK_USDT	+0.0100%	4h	0.04403	+0.239%	$11.6M	$2.2M	100x	as long as short
KuCoin STRKUSDTM	+0.0100%	4h	0.04398	+0.125%	$1.5M	$2.0M	50x	as long as short
Bitget STRKUSDT	+0.0100%	4h	0.04400	+0.175%	$3.1M	$4.1M	75x	as long as short
BingX STRK-USDT	+0.0100%	4h	0.04398	+0.125%	—	$30.3M	—	as long as short
Backpack STRK_USDC_PERP	+0.0100%	1h	0.04401	+0.193%	$25K	$153K	10x	as long as short
Variational Omni STRKlong	+0.0100%	4h	0.04393	long leg	$259K	$1.6M	—
GRVT STRK_USDT_Perp	+0.0100%	4h	0.04398	+0.125%	$189K	$3.5M	10x	as long as short
SunX STRK-USDT	+0.0100%	4h	0.04505	+2.561%	$2K	$815K	20x	as long as short
Extended STRK-USD	+0.0104%	1h	0.04397	+0.105%	$122K	$626K	10x	as long as short
BloFin STRK-USDT	+0.0154%	4h	0.04402	+0.216%	$778K	$721K	75x	as long as short
Deribit STRK_USDC-PERPETUAL	+0.0204%	1h	0.04407	+0.330%	$8K	$24K	25x	as long as short
Lighter STRK	+0.0256%	1h	0.04412	+0.443%	$272K	$541K	5x	as long as short
Kraken Futures PF_STRKUSD	+0.0337%	1h	0.04408	+0.348%	$469K	$496K	20x	as long as short