Funding arb · Price arb /

STRK

all STRK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0676%/8h= +74.0% APRpaid last 24h +0.308%

Price spread now: KuCoin against Coinbase International+0.207%7-day average — · you sell dearer than you buy

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

Long on Coinbase International Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.961%+$96 on $10k

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

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$20 a day on $10k at the current rate, and KuCoin is 0.207% dearer against Coinbase International than usual: you sell high and buy low: +$21 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International STRK-PERP-INTX	0.04339	−0.0576	get 0.0072% / 1h	2m 59s	$61K	$93K	25x
Short	KuCoin STRKUSDTM	0.04348	0.0100	get 0.0050% / 4h	3h 02m	$1.5M	$1.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Coinbase International. 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 Coinbase InternationalbpFee KuCoinbpOrdersPrice spread, now +0.207%Rate

Funding earned: $141.96
Price spread: +0.207% → 0.000%: $20.74
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: $140.7
Costs to cover: 0.220%
Break-even: 0.1 days

Slippage unknown: Coinbase International: no order-book sample; KuCoin: live order book, 3 min ago. 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 Coinbase International no order-book sample	—	—	—	—	—
Sell KuCoin live order book, 3 min ago	3.45 bp	28.2 bp −$28	84.2 bp −$842	doesn't fit	doesn't fit

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-INTXlong	−0.0576%	1h	0.04339	long leg	$61K	$93K	25x
Kraken Futures PF_STRKUSD	−0.0401%	1h	0.04348	+0.214%	$464K	$526K	20x	as long as short
dYdX STRK-USD	0.0000%	1h	0.04348	+0.213%	$20K	$24K	5x	as long as short
Injective STRK/USDC PERP	+0.0033%	1h	0.05070	+16.847%	$3K	$38K	5.5x	as long as short
Paradex STRK-USD-PERP	+0.0100%	8h	0.04344	+0.120%	$8K	$144	20x	as long as short
Hyperliquid STRK	+0.0100%	1h	0.04349	+0.230%	$14.7M	$7.3M	5x	as long as short
Aster STRKUSDT	+0.0100%	4h	0.04349	+0.230%	$33K	$335K	10x	as long as short
Pacifica STRK	+0.0100%	1h	0.04349	+0.230%	$43K	$69K	5x	as long as short
Binance STRKUSDT	+0.0100%	4h	0.04346	+0.161%	$12.3M	$48.6M	75x	as long as short
Bybit STRKUSDT	+0.0100%	4h	0.04344	+0.115%	$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	0.04347	+0.184%	$4.8M	$22.5M	50x	as long as short
Gate STRK_USDT	+0.0100%	4h	0.04348	+0.207%	$584K	$1.4M	50x	as long as short
MEXC STRK_USDT	+0.0100%	4h	0.04344	+0.115%	$12.3M	$2.2M	100x	as long as short
KuCoin STRKUSDTMshort	+0.0100%	4h	0.04348	+0.207%	$1.5M	$1.9M	50x
Bitget STRKUSDT	+0.0100%	4h	0.04347	+0.180%	$3.1M	$4.0M	75x	as long as short
BingX STRK-USDT	+0.0100%	4h	0.04345	+0.138%	—	$26.4M	—	as long as short
Backpack STRK_USDC_PERP	+0.0100%	1h	0.04345	+0.138%	$23K	$147K	10x	as long as short
Variational Omni STRK	+0.0100%	4h	0.04341	+0.039%	$356K	$2.0M	—	as long as short
GRVT STRK_USDT_Perp	+0.0100%	4h	0.04351	+0.277%	$191K	$3.6M	10x	as long as short
SunX STRK-USDT	+0.0100%	4h	0.04448	+2.512%	$1K	$843K	20x	as long as short
Extended STRK-USD	+0.0104%	1h	0.04347	+0.173%	$121K	$663K	10x	as long as short
BloFin STRK-USDT	+0.0340%	4h	0.04341	+0.046%	$747K	$793K	75x	as long as short
Lighter STRK	+0.0416%	1h	0.04357	+0.415%	$265K	$506K	5x	as long as short
Deribit STRK_USDC-PERPETUAL	+0.0440%	1h	0.04353	+0.323%	$8K	$44K	25x	as long as short