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

STRK

all STRK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0676%/8h= −74.0% APRnext payment $0.85 per $10,000 · paid last 24h −0.326%
Price spread now: Coinbase International against Backpack−0.686%7-day average · you buy dearer than you sell
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 7 days−1.745%−$175 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$20 a day on $10k at the current rate, and Coinbase International is 0.686% cheaper against Backpack than usual: you would sell low and buy high (−$69 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBackpack STRK_USDC_PERP0.043720.0100pay 0.0013% / 1h57m 51s$25K$148K10x
ShortCoinbase International STRK-PERP-INTX0.04342−0.0576pay 0.0072% / 1h57m 51s$62K$95K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Backpack. 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
−$141.96
Price spread: −0.686% → 0.000%
−$68.62
Slippage, 4 orders
no order book: not counted
Fee Backpack: 5 bp × 2 orders
−$10
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$230.58
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Backpack: live order book, 15 min ago; Coinbase International: 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
LegHalf-spread$10k$100k$1M$5M
Buy Backpack live order book, 15 min ago3.42 bp22.6 bp −$23doesn't fitdoesn't fitdoesn't fit
Sell Coinbase International no order-book sample
Coinbase International: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International STRK-PERP-INTXshort−0.0576%1h0.04342−0.686%$62K$95K25x
Kraken Futures PF_STRKUSD−0.0399%1h0.04375+0.063%$468K$515K20xas long as short
dYdX STRK-USD0.0000%1h0.04374+0.043%$20K$24K5xas long as short
Bybit STRKUSDT0.0000%4h0.04370−0.046%$15.3M$21.5M50xas long as short
Injective STRK/USDC PERP+0.0033%1h0.05070+15.965%$3K$38K5.5xas long as short
Paradex STRK-USD-PERP+0.0100%8h0.04372+0.003%$8K$14420xas long as short
Hyperliquid STRK+0.0100%1h0.04375+0.069%$14.9M$7.4M5xas long as short
Aster STRKUSDT+0.0100%4h0.04379+0.150%$34K$350K10xas long as short
Pacifica STRK+0.0100%1h0.04372−0.002%$44K$69K5xas long as short
Binance STRKUSDT+0.0100%4h0.04376+0.089%$12.5M$49.3M75xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX STRK-USDT-SWAP+0.0100%4h0.04373+0.023%$4.9M$23.0M50xas long as short
Gate STRK_USDT+0.0100%4h0.04374+0.046%$585K$1.4M50xas long as short
MEXC STRK_USDT+0.0100%4h0.04377+0.114%$12.4M$2.1M100xas long as short
KuCoin STRKUSDTM+0.0100%4h0.04374+0.046%$1.5M$1.9M50xas long as short
Bitget STRKUSDT+0.0100%4h0.04376+0.101%$3.1M$4.0M75xas long as short
BingX STRK-USDT+0.0100%4h0.04374+0.046%$26.3Mas long as short
Backpack STRK_USDC_PERPlong+0.0100%1h0.04372long leg$25K$148K10x
Variational Omni STRK+0.0100%4h0.04369−0.071%$353K$2.0Mas long as short
GRVT STRK_USDT_Perp+0.0100%4h0.04376+0.081%$193K$3.6M10xas long as short
SunX STRK-USDT+0.0100%4h0.04474+2.333%$2K$835K20xas long as short
Extended STRK-USD+0.0104%1h0.04375+0.074%$121K$622K10xas long as short
BloFin STRK-USDT+0.0146%4h0.04376+0.091%$748K$728K75xas long as short
Lighter STRK+0.0280%1h0.04383+0.252%$271K$501K5xas long as short
Deribit STRK_USDC-PERPETUAL+0.0436%1h0.04378+0.137%$8K$44K25xas long as short