Funding you earn now, next payment 05:00 UTC−0.0240%/8h= −26.3% APRpaid last 24h −0.025%
Price spread now: Backpack against BloFin−0.069%66s7-day average −0.084% · you buy dearer than you sell
Net, funding: paid 7d − costs−$13as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$750.750% of the position
Funding, last 7 days+0.620%+$62 on $10k
+Price spread, last 4 days (all we have)−2.407%−$241 · spread now −0.069%, 7d avg −0.084%
=The price spread sits at its 7-day average of −0.084%, so right now this pair is about funding alone: −$7 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.620%, so the current rate has only just turned against you. The two prices were read 66 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 | BloFin STRK-USDT | 0.04323 | 0.0340 | pay 0.0170% / 4h | 3h 49m | $749K | $783K | 75x |
| Short | Backpack STRK_USDC_PERP | 0.04320 | 0.0100 | get 0.0013% / 1h | 49m 58s | $30K | $143K | 10x |
BloFin STRK-USDT
Backpack STRK_USDC_PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Backpack against BloFin. 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
- −$50.4
- Price spread: −0.069% → −0.084%
- $1.45
- Slippage, 4 orders
- −$52.95
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$123.9
- Costs to cover
- 0.750%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 47 min ago; Backpack: live order book, 3 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 BloFin live order book, 47 min ago | 6.98 bp | 16.0 bp −$16 | 37.8 bp −$378 | doesn't fit | doesn't fit |
| Sell Backpack live order book, 3 min ago | 2.31 bp | 20.3 bp −$20 | doesn't fit | 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 | −0.1032% | 1h | 0.04303 | −0.463% | $75K | $98K | 25x | as long as short |
| dYdX STRK-USD | 0.0000% | 1h | 0.04322 | −0.017% | $20K | $24K | 5x | as long as short |
| Deribit STRK_USDC-PERPETUAL | 0.0000% | 1h | 0.04322 | −0.023% | $8K | $44K | 25x | as long as short |
| Injective STRK/USDC PERP | +0.0033% | 1h | 0.05070 | +17.280% | $3K | $38K | 5.5x | as long as short |
| Gate STRK_USDT | +0.0048% | 4h | 0.04315 | −0.185% | $565K | $1.4M | 50x | as long as short |
| Kraken Futures PF_STRKUSD | +0.0059% | 1h | 0.04323 | +0.005% | $458K | $557K | 20x | as long as short |
| Lighter STRK | +0.0096% | 1h | 0.04328 | +0.116% | $264K | $464K | 5x | as long as short |
| Paradex STRK-USD-PERP | +0.0100% | 8h | 0.04321 | −0.046% | $8K | $144 | 20x | as long as short |
| Hyperliquid STRK | +0.0100% | 1h | 0.04324 | +0.023% | $14.5M | $6.3M | 5x | as long as short |
| Aster STRKUSDT | +0.0100% | 4h | 0.04322 | −0.017% | $33K | $227K | 10x | as long as short |
Coinbase International STRK-PERP-INTX
dYdX STRK-USD
Deribit STRK_USDC-PERPETUAL
Injective STRK/USDC PERP
Gate STRK_USDT
Kraken Futures PF_STRKUSD
Lighter STRK
Paradex STRK-USD-PERP
Hyperliquid STRK
Aster STRKUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica STRK | +0.0100% | 1h | 0.04325 | +0.053% | $43K | $69K | 5x | as long as short |
| Binance STRKUSDT | +0.0100% | 4h | 0.04318 | −0.115% | $12.4M | $44.6M | 75x | as long as short |
| Bybit STRKUSDT | +0.0100% | 4h | 0.04315 | −0.185% | $15.2M | $20.1M | 50x | as long as short |
| OKX STRK-USDT-SWAP | +0.0100% | 4h | 0.04318 | −0.116% | $4.7M | $19.7M | 50x | as long as short |
| MEXC STRK_USDT | +0.0100% | 4h | 0.04318 | −0.116% | $12.1M | $1.9M | 100x | as long as short |
| KuCoin STRKUSDTM | +0.0100% | 4h | 0.04319 | −0.093% | $1.5M | $1.8M | 50x | as long as short |
| Bitget STRKUSDT | +0.0100% | 4h | 0.04317 | −0.132% | $3.1M | $3.7M | 75x | as long as short |
| BingX STRK-USDT | +0.0100% | 4h | 0.04318 | −0.116% | — | $9.2M | — | as long as short |
| Backpack STRK_USDC_PERPshort | +0.0100% | 1h | 0.04320 | −0.069% | $30K | $143K | 10x | |
| Variational Omni STRK | +0.0100% | 4h | 0.04318 | −0.122% | $429K | $1.9M | — | as long as short |
| GRVT STRK_USDT_Perp | +0.0100% | 4h | 0.04327 | +0.093% | $186K | $3.5M | 10x | as long as short |
| SunX STRK-USDT | +0.0100% | 4h | 0.04418 | +2.198% | $1K | $845K | 20x | as long as short |
| Extended STRK-USD | +0.0104% | 1h | 0.04315 | −0.185% | $121K | $656K | 10x | as long as short |
| BloFin STRK-USDTlong | +0.0340% | 4h | 0.04323 | long leg | $749K | $783K | 75x |
Pacifica STRK
Binance STRKUSDT
Bybit STRKUSDT
OKX STRK-USDT-SWAP
MEXC STRK_USDT
KuCoin STRKUSDTM
Bitget STRKUSDT
BingX STRK-USDT
Variational Omni STRK
GRVT STRK_USDT_Perp
SunX STRK-USDT
Extended STRK-USD