Funding arb · Price arb /

STRK

all STRK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.1132%/8h= +124.0% APRpaid last 24h +0.356%

Price spread now: OKX against Coinbase International+0.162%7-day average — · you sell dearer than you buy

Net, funding: paid 7d − costs+$35as in the Funding arb table

Net, price: spread back to 7d avg − costs−$60as in the Price arb table

costs, in and out, $10k−$760.761% of the position

Long on Coinbase International Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+1.114%+$111 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 +$34 a day on $10k at the current rate, and OKX is 0.162% dearer against Coinbase International than usual: you sell high and buy low: +$16 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	0.04316	−0.1032	get 0.0129% / 1h	21m 53s	$71K	$104K	25x
Short	OKX STRK-USDT-SWAP	0.04323	0.0100	get 0.0050% / 4h	3h 21m	$4.7M	$19.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.162%Rate

Funding earned: $237.72
Price spread: +0.162% → 0.000%: $16.22
Slippage, 4 orders: −$56.15
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee OKX: 5 bp × 2 orders: −$10
Net: $177.79
Costs to cover: 0.761%
Break-even: 1.8 days

Slippage from Coinbase International: live order book, 2 min ago; OKX: live order book, 2 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, 2 min ago	15.05 bp	22.4 bp −$22	162.8 bp −$1,628	doesn't fit	doesn't fit
Sell OKX live order book, 2 min ago	1.16 bp	14.9 bp −$15	44.1 bp −$441	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	−0.1032%	1h	0.04316	long leg	$71K	$104K	25x
dYdX STRK-USD	0.0000%	1h	0.04319	+0.075%	$20K	$24K	5x	as long as short
Deribit STRK_USDC-PERPETUAL	0.0000%	1h	0.04318	+0.046%	$8K	$44K	25x	as long as short
Injective STRK/USDC PERP	+0.0033%	1h	0.05070	+17.470%	$3K	$38K	5.5x	as long as short
Kraken Futures PF_STRKUSD	+0.0059%	1h	0.04319	+0.069%	$455K	$569K	20x	as long as short
Lighter STRK	+0.0096%	1h	0.04325	+0.209%	$264K	$464K	5x	as long as short
Paradex STRK-USD-PERP	+0.0100%	8h	0.04313	−0.069%	$8K	$144	20x	as long as short
Hyperliquid STRK	+0.0100%	1h	0.04321	+0.116%	$14.5M	$6.2M	5x	as long as short
Aster STRKUSDT	+0.0100%	4h	0.04321	+0.119%	$33K	$229K	10x	as long as short
Pacifica STRK	+0.0100%	1h	0.04319	+0.070%	$43K	$69K	5x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance STRKUSDT	+0.0100%	4h	0.04322	+0.139%	$12.4M	$44.6M	75x	as long as short
Bybit STRKUSDT	+0.0100%	4h	0.04319	+0.070%	$15.2M	$20.0M	50x	as long as short
OKX STRK-USDT-SWAPshort	+0.0100%	4h	0.04323	+0.162%	$4.7M	$19.7M	50x
Gate STRK_USDT	+0.0100%	4h	0.04319	+0.070%	$568K	$1.4M	50x	as long as short
MEXC STRK_USDT	+0.0100%	4h	0.04321	+0.116%	$12.1M	$2.0M	100x	as long as short
KuCoin STRKUSDTM	+0.0100%	4h	0.04316	0.000%	$1.5M	$1.8M	50x	as long as short
Bitget STRKUSDT	+0.0100%	4h	0.04322	+0.141%	$3.1M	$3.8M	75x	as long as short
BingX STRK-USDC	+0.0100%	4h	0.04322	+0.139%	—	$725K	—	as long as short
Backpack STRK_USDC_PERP	+0.0100%	1h	0.04315	−0.023%	$30K	$144K	10x	as long as short
Variational Omni STRK	+0.0100%	4h	0.04322	+0.144%	$429K	$1.9M	—	as long as short
GRVT STRK_USDT_Perp	+0.0100%	4h	0.04319	+0.080%	$190K	$3.5M	10x	as long as short
SunX STRK-USDT	+0.0100%	4h	0.04415	+2.294%	$1K	$847K	20x	as long as short
Extended STRK-USD	+0.0104%	1h	0.04315	−0.016%	$119K	$612K	10x	as long as short
BloFin STRK-USDT	+0.0340%	4h	0.04320	+0.093%	$726K	$772K	75x	as long as short