Funding arb · Price arb /

STRK

all STRK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 21:00 UTC−0.0452%/8h= −49.5% APRpaid last 24h −0.288%

Price spread now: Coinbase International against Bybit−0.114%7-day average — · you buy dearer than you sell

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

Long on Bybit Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days−1.042%−$104 on $10k

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

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and Coinbase International is 0.114% cheaper against Bybit than usual: you would sell low and buy high (−$11 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit STRKUSDT	0.04379	0.0100	pay 0.0050% / 4h	2h 04m	$15.4M	$21.3M	50x
Short	Coinbase International STRK-PERP-INTX	0.04374	−0.0352	pay 0.0044% / 1h	4m 26s	$62K	$94K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International 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 Coinbase InternationalbpOrdersPrice spread, now −0.114%Rate

Funding earned: −$94.92
Price spread: −0.114% → 0.000%: −$11.42
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$127.34
Costs to cover: 0.210%
Break-even: never at this rate

Slippage unknown: Bybit: live order book, 4 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bybit live order book, 4 min ago	1.14 bp	16.3 bp −$16	47.4 bp −$474	doesn't fit	doesn'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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International STRK-PERP-INTXshort	−0.0352%	1h	0.04374	−0.114%	$62K	$94K	25x
dYdX STRK-USD	0.0000%	1h	0.04389	+0.223%	$20K	$24K	5x	as long as short
Deribit STRK_USDC-PERPETUAL	0.0000%	1h	0.04392	+0.297%	$8K	$24K	25x	as long as short
Injective STRK/USDC PERP	+0.0033%	1h	0.05070	+15.780%	$3K	$38K	5.5x	as long as short
Paradex STRK-USD-PERP	+0.0100%	8h	0.04384	+0.124%	$8K	$144	20x	as long as short
Hyperliquid STRK	+0.0100%	1h	0.04393	+0.320%	$15.1M	$7.3M	5x	as long as short
Aster STRKUSDT	+0.0100%	4h	0.04389	+0.231%	$34K	$363K	10x	as long as short
Pacifica STRK	+0.0100%	1h	0.04387	+0.174%	$44K	$69K	5x	as long as short
Binance STRKUSDT	+0.0100%	4h	0.04385	+0.137%	$12.7M	$50.1M	75x	as long as short
Bybit STRKUSDTlong	+0.0100%	4h	0.04379	long leg	$15.4M	$21.3M	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	0.04384	+0.114%	$4.9M	$23.6M	50x	as long as short
Gate STRK_USDT	+0.0100%	4h	0.04390	+0.251%	$588K	$1.5M	50x	as long as short
MEXC STRK_USDT	+0.0100%	4h	0.04386	+0.160%	$12.2M	$2.3M	100x	as long as short
KuCoin STRKUSDTM	+0.0100%	4h	0.04382	+0.069%	$1.5M	$1.9M	50x	as long as short
Bitget STRKUSDT	+0.0100%	4h	0.04384	+0.114%	$3.1M	$4.1M	75x	as long as short
BingX STRK-USDC	+0.0100%	4h	0.04383	+0.091%	—	$725K	—	as long as short
Backpack STRK_USDC_PERP	+0.0100%	1h	0.04386	+0.160%	$25K	$152K	10x	as long as short
Variational Omni STRK	+0.0100%	4h	0.04386	+0.155%	$258K	$1.8M	—	as long as short
GRVT STRK_USDT_Perp	+0.0100%	4h	0.04402	+0.519%	$194K	$3.5M	10x	as long as short
SunX STRK-USDT	+0.0100%	4h	0.04490	+2.535%	$2K	$820K	20x	as long as short
Extended STRK-USD	+0.0104%	1h	0.04382	+0.060%	$121K	$626K	10x	as long as short
BloFin STRK-USDT	+0.0122%	4h	0.04389	+0.228%	$769K	$726K	75x	as long as short
Lighter STRK	+0.0256%	1h	0.04395	+0.365%	$271K	$542K	5x	as long as short
Kraken Futures PF_STRKUSD	+0.0338%	1h	0.04400	+0.478%	$468K	$491K	20x	as long as short