STRK

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.1000%/8h= +109.5% APRnext payment +$1.25 per $10,000 · paid last 24h +0.441%

Price spread now: Lighter against Coinbase International+0.615%7-day average — · you sell dearer than you buy

Net, funding: paid 7d − costs+$63as in the Funding arb table

Net, price: spread back to 7d avg − costs−$29as in the Price arb table

costs, in and out, $10k−$900.901% of the position

Long on Coinbase International Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days+1.534%+$153 on $10k

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

Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$30 a day on $10k at the current rate, and Lighter is 0.615% dearer against Coinbase International than usual: you sell high and buy low: +$62 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	0.04225	−0.0904	get 0.0113% / 1h	29m 37s	$69K	$99K	25x
Short	Lighter STRK	0.04251	0.0096	get 0.0012% / 1h	29m 37s	$253K	$443K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter 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 LighterbpOrdersPrice spread, now +0.615%Rate

Funding earned: $210
Price spread: +0.615% → 0.000%: $61.54
Slippage, 4 orders: −$80.1
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Lighter: 0 bp × 2 orders: $0
Net: $181.44
Costs to cover: 0.901%
Break-even: 1.0 days

Slippage from Coinbase International: live order book, 54 min ago; Lighter: live order book, 10 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 Coinbase International live order book, 54 min ago	15.05 bp	22.4 bp −$22	162.8 bp −$1,628	doesn't fit	doesn't fit
Sell Lighter live order book, 10 min ago	11.77 bp	27.2 bp −$27	83.4 bp −$834	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-INTXlong	−0.0904%	1h	0.04225	long leg	$69K	$99K	25x
Kraken Futures PF_STRKUSD	−0.0192%	1h	0.04250	+0.585%	$444K	$587K	20x	as long as short
dYdX STRK-USD	0.0000%	1h	0.04247	+0.524%	$20K	$24K	5x	as long as short
Injective STRK/USDC PERP	+0.0033%	1h	0.05070	+20.000%	$3K	$38K	5.5x	as long as short
Lighter STRKshort	+0.0096%	1h	0.04251	+0.615%	$253K	$443K	5x
Paradex STRK-USD-PERP	+0.0099%	8h	0.04243	+0.435%	$8K	$144	20x	as long as short
Hyperliquid STRK	+0.0100%	1h	0.04247	+0.521%	$14.1M	$6.4M	5x	as long as short
Aster STRKUSDT	+0.0100%	4h	0.04247	+0.528%	$33K	$229K	10x	as long as short
Pacifica STRK	+0.0100%	1h	0.04247	+0.521%	$42K	$69K	5x	as long as short
Binance STRKUSDT	+0.0100%	4h	0.04248	+0.544%	$11.9M	$44.7M	75x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit STRKUSDT	+0.0100%	4h	0.04245	+0.473%	$14.8M	$20.1M	50x	as long as short
OKX STRK-USDT-SWAP	+0.0100%	4h	0.04250	+0.592%	$4.6M	$19.3M	50x	as long as short
Gate STRK_USDT	+0.0100%	4h	0.04244	+0.450%	$560K	$1.4M	50x	as long as short
MEXC STRK_USDT	+0.0100%	4h	0.04244	+0.450%	$11.3M	$2.1M	100x	as long as short
KuCoin STRKUSDTM	+0.0100%	4h	0.04249	+0.568%	$1.5M	$1.9M	50x	as long as short
Bitget STRKUSDT	+0.0100%	4h	0.04245	+0.483%	$3.0M	$3.9M	75x	as long as short
BingX STRK-USDT	+0.0100%	4h	0.04243	+0.426%	—	$10.1M	—	as long as short
Backpack STRK_USDC_PERP	+0.0100%	1h	0.04248	+0.544%	$26K	$142K	10x	as long as short
Variational Omni STRK	+0.0100%	4h	0.04235	+0.233%	$416K	$1.9M	—	as long as short
GRVT STRK_USDT_Perp	+0.0100%	4h	0.04240	+0.353%	$184K	$3.5M	10x	as long as short
SunX STRK-USDT	+0.0100%	4h	0.04343	+2.793%	$2K	$867K	20x	as long as short
Extended STRK-USD	+0.0104%	1h	0.04243	+0.436%	$121K	$471K	10x	as long as short
Deribit STRK_USDC-PERPETUAL	+0.0221%	1h	0.04250	+0.592%	$8K	$43K	25x	as long as short
BloFin STRK-USDT	+0.0340%	4h	0.04242	+0.402%	$686K	$764K	75x	as long as short