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: GRVT against Variational Omni+0.032%59s7-day average +0.071% · you sell dearer than you buy

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

Long on Variational Omni Short on GRVT

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 7 days−0.017%−$2 · spread now +0.032%, 7d avg +0.071%

Together, before fees−0.017%+ Points / potential airdropVariational Omni: Active · GRVT: Active · farm board−$2 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: GRVT is 0.039% cheaper against Variational Omni than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.071%. The two prices were read 59 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	Variational Omni STRK	0.04309	0.0100	pay 0.0050% / 4h	1h 44m	$387K	$2.1M	—
Short	GRVT STRK_USDT_Perp	0.04310	0.0100	get 0.0050% / 4h	1h 44m	$186K	$3.5M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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 GRVTbpOrdersPrice spread, now +0.032%Rate

Funding earned: $0
Price spread: +0.032% → +0.071%: −$3.93
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$12.93
Costs to cover: 0.090%
Break-even: never at this rate

Slippage unknown: Variational Omni: RFQ quote, 5 min ago; GRVT: live order book, 4 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, 5 min ago	5.80 bp	doesn't fit	52.2 bp −$522	doesn't fit	doesn't fit
Sell GRVT live order book, 4 min ago	6.94 bp	33.2 bp −$33	140.6 bp −$1,406	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	−0.667%	$60K	$86K	25x	as long as short
Kraken Futures PF_STRKUSD	−0.0370%	1h	0.04316	+0.170%	$453K	$529K	20x	as long as short
dYdX STRK-USD	0.0000%	1h	0.04315	+0.137%	$20K	$24K	5x	as long as short
Injective STRK/USDC PERP	+0.0033%	1h	0.05070	+17.668%	$3K	$38K	5.5x	as long as short
Lighter STRK	+0.0096%	1h	0.04322	+0.308%	$264K	$503K	5x	as long as short
Paradex STRK-USD-PERP	+0.0100%	8h	0.04313	+0.087%	$8K	$144	20x	as long as short
Hyperliquid STRK	+0.0100%	1h	0.04313	+0.099%	$14.6M	$7.0M	5x	as long as short
Aster STRKUSDT	+0.0100%	4h	0.04311	+0.058%	$33K	$328K	10x	as long as short
Pacifica STRK	+0.0100%	1h	0.04315	+0.143%	$43K	$69K	5x	as long as short
Binance STRKUSDT	+0.0100%	4h	0.04310	+0.029%	$12.3M	$46.3M	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	0.04307	−0.041%	$15.0M	$20.8M	50x	as long as short
OKX STRK-USDT-SWAP	+0.0100%	4h	0.04314	+0.122%	$4.7M	$20.8M	50x	as long as short
Gate STRK_USDT	+0.0100%	4h	0.04308	−0.017%	$579K	$1.3M	50x	as long as short
MEXC STRK_USDT	+0.0100%	4h	0.04310	+0.029%	$12.2M	$2.0M	100x	as long as short
KuCoin STRKUSDTM	+0.0100%	4h	0.04311	+0.052%	$1.5M	$1.8M	50x	as long as short
Bitget STRKUSDT	+0.0100%	4h	0.04312	+0.082%	$3.0M	$3.8M	75x	as long as short
BingX STRK-USDT	+0.0100%	4h	0.04310	+0.029%	—	$26.1M	—	as long as short
Backpack STRK_USDC_PERP	+0.0100%	1h	0.04316	+0.168%	$24K	$138K	10x	as long as short
Variational Omni STRKlong	+0.0100%	4h	0.04309	long leg	$387K	$2.1M	—
GRVT STRK_USDT_Perpshort	+0.0100%	4h	0.04310	+0.032%	$186K	$3.5M	10x
SunX STRK-USDT	+0.0100%	4h	0.04417	+2.512%	$2K	$835K	20x	as long as short
Extended STRK-USD	+0.0104%	1h	0.04309	+0.003%	$119K	$665K	10x	as long as short
BloFin STRK-USDT	+0.0340%	4h	0.04311	+0.052%	$757K	$828K	75x	as long as short
Deribit STRK_USDC-PERPETUAL	+0.0445%	1h	0.04321	+0.284%	$8K	$44K	25x	as long as short