Funding arb · Price arb /

STRK

all STRK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0240%/8h= −26.3% APRpaid last 24h −0.022%

Price spread now: Paradex against BloFin+0.037%7-day average — · you sell dearer than you buy

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

Long on BloFin Short on Paradex

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

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

The price spread pays, funding is against you. Paradex is 0.037% dearer against BloFin than usual: you sell high and buy low (spread +0.037% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 12 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin STRK-USDT	0.04341	0.0340	pay 0.0170% / 4h	3h 02m	$747K	$793K	75x
Short	Paradex STRK-USD-PERP	0.04343	0.0100	get 0.0100% / 8h	7h 02m	$8K	$144	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against BloFin. 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 BloFinbpFee ParadexbpOrdersPrice spread, now +0.037%Rate

Funding earned: −$50.4
Price spread: +0.037% → 0.000%: $3.7
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$62.71
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: BloFin: live order book, 5 min ago; Paradex: 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 BloFin live order book, 5 min ago	1.15 bp	10.7 bp −$11	28.9 bp −$289	doesn't fit	doesn't fit
Sell Paradex no order-book sample	—	—	—	—	—

Paradex: 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	−0.0576%	1h	0.04339	−0.046%	$61K	$93K	25x	as long as short
Kraken Futures PF_STRKUSD	−0.0402%	1h	0.04344	+0.078%	$463K	$526K	20x	as long as short
dYdX STRK-USD	0.0000%	1h	0.04348	+0.167%	$20K	$24K	5x	as long as short
Injective STRK/USDC PERP	+0.0033%	1h	0.05070	+16.793%	$3K	$38K	5.5x	as long as short
Paradex STRK-USD-PERPshort	+0.0100%	8h	0.04343	+0.037%	$8K	$144	20x
Hyperliquid STRK	+0.0100%	1h	0.04348	+0.161%	$14.7M	$7.3M	5x	as long as short
Aster STRKUSDT	+0.0100%	4h	0.04344	+0.067%	$33K	$335K	10x	as long as short
Pacifica STRK	+0.0100%	1h	0.04349	+0.196%	$43K	$69K	5x	as long as short
Binance STRKUSDT	+0.0100%	4h	0.04342	+0.012%	$12.3M	$48.5M	75x	as long as short
Bybit STRKUSDT	+0.0100%	4h	0.04339	−0.046%	$15.2M	$21.5M	50x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX STRK-USDT-SWAP	+0.0100%	4h	0.04341	0.000%	$4.8M	$22.4M	50x	as long as short
Gate STRK_USDT	+0.0100%	4h	0.04346	+0.115%	$584K	$1.4M	50x	as long as short
MEXC STRK_USDT	+0.0100%	4h	0.04344	+0.069%	$12.3M	$2.2M	100x	as long as short
KuCoin STRKUSDTM	+0.0100%	4h	0.04346	+0.115%	$1.5M	$1.9M	50x	as long as short
Bitget STRKUSDT	+0.0100%	4h	0.04342	+0.028%	$3.1M	$4.0M	75x	as long as short
BingX STRK-USDC	+0.0100%	4h	0.04341	0.000%	—	$726K	—	as long as short
Backpack STRK_USDC_PERP	+0.0100%	1h	0.04341	0.000%	$23K	$147K	10x	as long as short
Variational Omni STRK	+0.0100%	4h	0.04341	−0.007%	$356K	$2.0M	—	as long as short
GRVT STRK_USDT_Perp	+0.0100%	4h	0.04351	+0.231%	$191K	$3.6M	10x	as long as short
SunX STRK-USDT	+0.0100%	4h	0.04446	+2.419%	$1K	$843K	20x	as long as short
Extended STRK-USD	+0.0104%	1h	0.04343	+0.035%	$121K	$663K	10x	as long as short
BloFin STRK-USDTlong	+0.0340%	4h	0.04341	long leg	$747K	$793K	75x
Lighter STRK	+0.0424%	1h	0.04355	+0.323%	$265K	$506K	5x	as long as short
Deribit STRK_USDC-PERPETUAL	+0.0671%	1h	0.04349	+0.184%	$8K	$44K	25x	as long as short