Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.005%
Price spread now: Binance against Backpack−0.009%7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$135as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$660.663% of the position
Funding, last 7 days−0.690%−$69 on $10k
+Price spread, last 4 days (all we have)−0.197%−$20 · spread now −0.009%, 7d avg −0.014%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack STRK_USDC_PERP | 0.04267 | 0.0100 | pay 0.0013% / 1h | 18m 01s | $28K | $146K | 10x |
| Short | Binance STRKUSDT | 0.04267 | 0.0100 | get 0.0050% / 4h | 2h 18m | $12.1M | $44.9M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Backpack. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: −0.009% → −0.014%
- $0.46
- Slippage, 4 orders
- −$46.32
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$65.86
- Costs to cover
- 0.663%
- Break-even
- never at this rate
Slippage from Backpack: live order book, 30 min ago; Binance: live order book, 9 min ago.
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 Backpack live order book, 30 min ago | 3.52 bp | 20.3 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 9 min ago | 1.18 bp | 14.9 bp −$15 | 44.9 bp −$449 | 333.6 bp −$33.4K | 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 | −0.0904% | 1h | 0.04237 | −0.703% | $69K | $100K | 25x | as long as short |
| Kraken Futures PF_STRKUSD | −0.0191% | 1h | 0.04268 | +0.021% | $443K | $592K | 20x | as long as short |
| dYdX STRK-USD | 0.0000% | 1h | 0.04262 | −0.122% | $20K | $24K | 5x | as long as short |
| Injective STRK/USDC PERP | +0.0033% | 1h | 0.05070 | +18.819% | $3K | $38K | 5.5x | as long as short |
| Lighter STRK | +0.0096% | 1h | 0.04272 | +0.117% | $255K | $443K | 5x | as long as short |
| Paradex STRK-USD-PERP | +0.0099% | 8h | 0.04262 | −0.106% | $8K | $144 | 20x | as long as short |
| Hyperliquid STRK | +0.0100% | 1h | 0.04269 | +0.047% | $14.1M | $6.4M | 5x | as long as short |
| Aster STRKUSDT | +0.0100% | 4h | 0.04266 | −0.025% | $33K | $229K | 10x | as long as short |
| Pacifica STRK | +0.0100% | 1h | 0.04265 | −0.045% | $42K | $69K | 5x | as long as short |
| Binance STRKUSDTshort | +0.0100% | 4h | 0.04267 | −0.009% | $12.1M | $44.9M | 75x |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit STRKUSDT | +0.0100% | 4h | 0.04263 | −0.094% | $14.8M | $20.2M | 50x | as long as short |
| OKX STRK-USDT-SWAP | +0.0100% | 4h | 0.04266 | −0.023% | $4.6M | $19.4M | 50x | as long as short |
| Gate STRK_USDT | +0.0100% | 4h | 0.04265 | −0.047% | $573K | $1.4M | 50x | as long as short |
| MEXC STRK_USDT | +0.0100% | 4h | 0.04266 | −0.023% | $11.4M | $2.1M | 100x | as long as short |
| KuCoin STRKUSDTM | +0.0100% | 4h | 0.04267 | 0.000% | $1.5M | $1.9M | 50x | as long as short |
| Bitget STRKUSDT | +0.0100% | 4h | 0.04268 | +0.016% | $3.0M | $3.9M | 75x | as long as short |
| BingX STRK-USDT | +0.0100% | 4h | 0.04264 | −0.070% | — | $10.1M | — | as long as short |
| Backpack STRK_USDC_PERPlong | +0.0100% | 1h | 0.04267 | long leg | $28K | $146K | 10x | |
| Variational Omni STRK | +0.0100% | 4h | 0.04233 | −0.802% | $416K | $1.9M | — | as long as short |
| GRVT STRK_USDT_Perp | +0.0100% | 4h | 0.04226 | −0.972% | $184K | $3.5M | 10x | as long as short |
| SunX STRK-USDT | +0.0100% | 4h | 0.04368 | +2.367% | $1K | $869K | 20x | as long as short |
| Extended STRK-USD | +0.0104% | 1h | 0.04265 | −0.037% | $119K | $474K | 10x | as long as short |
| BloFin STRK-USDT | +0.0340% | 4h | 0.04258 | −0.211% | $685K | $771K | 75x | as long as short |
| Deribit STRK_USDC-PERPETUAL | +0.0453% | 1h | 0.04270 | +0.070% | $8K | $43K | 25x | as long as short |
Backpack STRK_USDC_PERP
Binance STRKUSDT
Coinbase International STRK-PERP-INTX
Kraken Futures PF_STRKUSD
Injective STRK/USDC PERP
Lighter STRK
Paradex STRK-USD-PERP
Hyperliquid STRK
Aster STRKUSDT
Pacifica STRK
Bybit STRKUSDT
OKX STRK-USDT-SWAP
Gate STRK_USDT
MEXC STRK_USDT
KuCoin STRKUSDTM
Bitget STRKUSDT
BingX STRK-USDT
Variational Omni STRK
GRVT STRK_USDT_Perp
SunX STRK-USDT
Extended STRK-USD
BloFin STRK-USDT
Deribit STRK_USDC-PERPETUAL