Funding arb · Price arb /

STRK

all STRK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.1548%/8h= +169.5% APRpaid last 24h +0.368%

Price spread now: Paradex against Coinbase International+1.702%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 Paradex

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropParadex: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$46 a day on $10k at the current rate, and Paradex is 1.702% dearer against Coinbase International than usual: you sell high and buy low: +$170 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	0.04256	−0.1448	get 0.0181% / 1h	19m 15s	$68K	$87K	25x
Short	Paradex STRK-USD-PERP	0.04328	0.0100	get 0.0100% / 8h	7h 19m	$8K	$938	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex 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 ParadexbpOrdersPrice spread, now +1.702%Rate

Funding earned: $325.07
Price spread: +1.702% → 0.000%: $170.2
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Paradex: 2 bp × 2 orders: −$4
Net: $481.27
Costs to cover: 0.140%
Break-even: from the start

Slippage unknown: Coinbase International: no order-book sample; Paradex: 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 Coinbase International no order-book sample	—	—	—	—	—
Sell Paradex no order-book sample	—	—	—	—	—

Coinbase International and Paradex: 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	−0.1448%	1h	0.04256	long leg	$68K	$87K	25x
Kraken Futures PF_STRKUSD	−0.0329%	1h	0.04326	+1.654%	$449K	$473K	20x	as long as short
dYdX STRK-USD	0.0000%	1h	0.04328	+1.688%	$20K	$24K	5x	as long as short
Injective STRK/USDC PERP	+0.0033%	1h	0.05070	+19.126%	$3K	$38K	5.5x	as long as short
Lighter STRK	+0.0096%	1h	0.04330	+1.739%	$257K	$439K	5x	as long as short
Paradex STRK-USD-PERPshort	+0.0100%	8h	0.04328	+1.702%	$8K	$938	20x
Hyperliquid STRK	+0.0100%	1h	0.04328	+1.692%	$14.2M	$5.8M	5x	as long as short
Aster STRKUSDT	+0.0100%	4h	0.04324	+1.588%	$33K	$215K	10x	as long as short
Pacifica STRK	+0.0100%	1h	0.04329	+1.706%	$41K	$68K	5x	as long as short
Binance STRKUSDT	+0.0100%	4h	0.04325	+1.612%	$12.3M	$42.8M	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	0.04319	+1.480%	$15.0M	$19.4M	50x	as long as short
OKX STRK-USDT-SWAP	+0.0100%	4h	0.04322	+1.551%	$4.6M	$18.4M	50x	as long as short
Gate STRK_USDT	+0.0100%	4h	0.04327	+1.668%	$569K	$1.4M	50x	as long as short
MEXC STRK_USDT	+0.0100%	4h	0.04325	+1.621%	$11.4M	$2.0M	100x	as long as short
KuCoin STRKUSDTM	+0.0100%	4h	0.04326	+1.645%	$1.5M	$1.8M	50x	as long as short
Bitget STRKUSDT	+0.0100%	4h	0.04324	+1.591%	$3.0M	$3.6M	75x	as long as short
BingX STRK-USDT	+0.0100%	4h	0.04322	+1.551%	—	$9.8M	—	as long as short
Backpack STRK_USDC_PERP	+0.0100%	1h	0.04321	+1.527%	$27K	$142K	10x	as long as short
Variational Omni STRK	+0.0100%	4h	0.04317	+1.430%	$422K	$1.9M	—	as long as short
GRVT STRK_USDT_Perp	+0.0100%	4h	0.04319	+1.485%	$191K	$3.5M	10x	as long as short
SunX STRK-USDT	+0.0100%	4h	0.04424	+3.947%	$2K	$890K	20x	as long as short
Extended STRK-USD	+0.0104%	1h	0.04321	+1.526%	$120K	$875K	10x	as long as short
BloFin STRK-USDT	+0.0340%	4h	0.04324	+1.598%	$646K	$735K	75x	as long as short
Deribit STRK_USDC-PERPETUAL	+0.0444%	1h	0.04327	+1.668%	$8K	$44K	25x	as long as short