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: KuCoin against Bybit+0.162%7-day average +0.065% · you sell dearer than you buy

Net, funding: paid 7d − costs−$101as in the Funding arb table

Net, price: spread back to 7d avg − costs−$81as in the Price arb table

costs, in and out, $10k−$910.911% of the position

Long on Bybit Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.101%−$10 on $10k

Price spread, last 7 days−0.180%−$18 · spread now +0.162%, 7d avg +0.065%

Together, before fees−0.281%−$28 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: KuCoin is 0.097% dearer against Bybit than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of +0.065%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit STRKUSDT	0.04320	0.0100	pay 0.0050% / 4h	3h 01m	$15.1M	$21.5M	50x
Short	KuCoin STRKUSDTM	0.04327	0.0100	get 0.0050% / 4h	3h 01m	$1.5M	$1.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.162%Rate

Funding earned: $0
Price spread: +0.162% → +0.065%: $9.74
Slippage, 4 orders: −$68.06
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$81.32
Costs to cover: 0.911%
Break-even: never at this rate

Slippage from Bybit: live order book, 2 min ago; KuCoin: live order book, 5 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	2.30 bp	15.7 bp −$16	56.2 bp −$562	doesn't fit	doesn't fit
Sell KuCoin live order book, 5 min ago	3.45 bp	28.2 bp −$28	84.2 bp −$842	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	−0.0576%	1h	0.04339	+0.440%	$61K	$93K	25x	as long as short
Kraken Futures PF_STRKUSD	−0.0402%	1h	0.04344	+0.564%	$463K	$526K	20x	as long as short
dYdX STRK-USD	0.0000%	1h	0.04328	+0.180%	$20K	$24K	5x	as long as short
Injective STRK/USDC PERP	+0.0033%	1h	0.05070	+17.361%	$3K	$38K	5.5x	as long as short
Paradex STRK-USD-PERP	+0.0100%	8h	0.04323	+0.067%	$8K	$144	20x	as long as short
Hyperliquid STRK	+0.0100%	1h	0.04332	+0.278%	$14.7M	$7.3M	5x	as long as short
Aster STRKUSDT	+0.0100%	4h	0.04328	+0.176%	$33K	$335K	10x	as long as short
Pacifica STRK	+0.0100%	1h	0.04333	+0.312%	$43K	$69K	5x	as long as short
Binance STRKUSDT	+0.0100%	4h	0.04324	+0.096%	$12.3M	$48.6M	75x	as long as short
Bybit STRKUSDTlong	+0.0100%	4h	0.04320	long leg	$15.1M	$21.5M	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	0.04322	+0.046%	$4.8M	$22.3M	50x	as long as short
Gate STRK_USDT	+0.0100%	4h	0.04326	+0.139%	$582K	$1.4M	50x	as long as short
MEXC STRK_USDT	+0.0100%	4h	0.04327	+0.162%	$12.3M	$2.2M	100x	as long as short
KuCoin STRKUSDTMshort	+0.0100%	4h	0.04327	+0.162%	$1.5M	$1.9M	50x
Bitget STRKUSDT	+0.0100%	4h	0.04325	+0.116%	$3.1M	$4.0M	75x	as long as short
BingX STRK-USDT	+0.0100%	4h	0.04324	+0.093%	—	$26.4M	—	as long as short
Backpack STRK_USDC_PERP	+0.0100%	1h	0.04341	+0.486%	$23K	$147K	10x	as long as short
Variational Omni STRK	+0.0100%	4h	0.04341	+0.479%	$356K	$2.0M	—	as long as short
GRVT STRK_USDT_Perp	+0.0100%	4h	0.04351	+0.718%	$191K	$3.6M	10x	as long as short
SunX STRK-USDT	+0.0100%	4h	0.04446	+2.917%	$1K	$843K	20x	as long as short
Extended STRK-USD	+0.0104%	1h	0.04322	+0.057%	$120K	$663K	10x	as long as short
BloFin STRK-USDT	+0.0340%	4h	0.04341	+0.486%	$747K	$793K	75x	as long as short
Lighter STRK	+0.0424%	1h	0.04334	+0.324%	$263K	$506K	5x	as long as short
Deribit STRK_USDC-PERPETUAL	+0.0671%	1h	0.04349	+0.671%	$8K	$44K	25x	as long as short