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: BingX against Bybit+0.092%7-day average +0.052% · you sell dearer than you buy

Net, funding: paid 7d − costs−$61as in the Funding arb table

Net, price: spread back to 7d avg − costs−$58as in the Price arb table

costs, in and out, $10k−$620.625% of the position

Long on Bybit Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.011%+$1 on $10k

Price spread, last 7 days−0.068%−$7 · spread now +0.092%, 7d avg +0.052%

Together, before fees−0.057%−$6 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: BingX is 0.040% dearer against Bybit than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.052%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit STRKUSDT	0.04368	0.0100	pay 0.0050% / 4h	1h 12m	$15.3M	$20.7M	50x
Short	BingX STRK-USDT	0.04372	0.0100	get 0.0050% / 4h	1h 12m	—	$26.1M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Bybit. 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 BybitbpFee BingXbpOrdersPrice spread, now +0.092%Rate

Funding earned: $0
Price spread: +0.092% → +0.052%: $3.95
Slippage, 4 orders: −$41.45
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee BingX: 5 bp × 2 orders: −$10
Net: −$58.5
Costs to cover: 0.625%
Break-even: never at this rate

Slippage from Bybit: live order book, 2 min ago; BingX: live order book, 7 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 Bybit live order book, 2 min ago	1.15 bp	15.4 bp −$15	54.8 bp −$548	doesn't fit	doesn't fit
Sell BingX live order book, 7 min ago	3.44 bp	13.4 bp −$13	35.7 bp −$357	275.8 bp −$27.6K	750.5 bp −$375.2K

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	0.04350	−0.412%	$76K	$100K	25x	as long as short
Kraken Futures PF_STRKUSD	−0.0365%	1h	0.04376	+0.179%	$460K	$532K	20x	as long as short
dYdX STRK-USD	0.0000%	1h	0.04371	+0.073%	$20K	$24K	5x	as long as short
Injective STRK/USDC PERP	+0.0033%	1h	0.05070	+16.071%	$3K	$38K	5.5x	as long as short
Paradex STRK-USD-PERP	+0.0100%	8h	0.04367	−0.016%	$8K	$144	20x	as long as short
Hyperliquid STRK	+0.0100%	1h	0.04377	+0.206%	$14.8M	$6.9M	5x	as long as short
Aster STRKUSDT	+0.0100%	4h	0.04375	+0.159%	$34K	$328K	10x	as long as short
Pacifica STRK	+0.0100%	1h	0.04372	+0.103%	$44K	$69K	5x	as long as short
Binance STRKUSDT	+0.0100%	4h	0.04372	+0.092%	$12.5M	$46.0M	75x	as long as short
Bybit STRKUSDTlong	+0.0100%	4h	0.04368	long leg	$15.3M	$20.7M	50x

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	0.04372	+0.092%	$4.8M	$20.9M	50x	as long as short
Gate STRK_USDT	+0.0100%	4h	0.04373	+0.114%	$583K	$1.4M	50x	as long as short
MEXC STRK_USDT	+0.0100%	4h	0.04372	+0.092%	$12.3M	$2.0M	100x	as long as short
KuCoin STRKUSDTM	+0.0100%	4h	0.04373	+0.114%	$1.5M	$1.8M	50x	as long as short
Bitget STRKUSDT	+0.0100%	4h	0.04371	+0.071%	$3.1M	$3.8M	75x	as long as short
BingX STRK-USDTshort	+0.0100%	4h	0.04372	+0.092%	—	$26.1M	—
Backpack STRK_USDC_PERP	+0.0100%	1h	0.04375	+0.160%	$24K	$138K	10x	as long as short
Variational Omni STRK	+0.0100%	4h	0.04366	−0.054%	$422K	$2.1M	—	as long as short
GRVT STRK_USDT_Perp	+0.0100%	4h	0.04379	+0.263%	$190K	$3.5M	10x	as long as short
SunX STRK-USDT	+0.0100%	4h	0.04474	+2.427%	$1K	$838K	20x	as long as short
Extended STRK-USD	+0.0104%	1h	0.04370	+0.035%	$122K	$665K	10x	as long as short
Lighter STRK	+0.0136%	1h	0.04384	+0.366%	$267K	$505K	5x	as long as short
BloFin STRK-USDT	+0.0340%	4h	0.04363	−0.114%	$759K	$845K	75x	as long as short
Deribit STRK_USDC-PERPETUAL	+0.0894%	1h	0.04377	+0.206%	$8K	$44K	25x	as long as short