Funding arb · Price arb /

STRK

all STRK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.1324%/8h= +145.0% APRpaid last 24h +0.372%

Price spread now: SunX against Coinbase International+3.249%7-day average +2.652% · you sell dearer than you buy

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

Long on Coinbase International Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days+1.173%+$117 on $10k

Price spread, last 4 days (all we have)−0.559%−$56 · spread now +3.249%, 7d avg +2.652%

Together, before fees+0.614%+$61 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$40 a day on $10k at the current rate, and SunX is 0.598% dearer against Coinbase International than usual: you sell high and buy low: +$60 more if the spread goes back to its 7-day average of +2.652%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International STRK-PERP-INTX	0.04247	−0.1224	get 0.0153% / 1h	15m 06s	$69K	$86K	25x
Short	SunX STRK-USDT	0.04385	0.0100	get 0.0050% / 4h	15m 06s	$2K	$884K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +3.249%Rate

Funding earned: $278.04
Price spread: +3.249% → +2.652%: $59.77
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee SunX: 4 bp × 2 orders: −$8
Net: $319.81
Costs to cover: 0.180%
Break-even: from the start

Slippage unknown: Coinbase International: no order-book sample; SunX: live order book, 37 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 SunX live order book, 37 min ago	250.11 bp	doesn't fit	doesn't fit	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	−0.1224%	1h	0.04247	long leg	$69K	$86K	25x
dYdX STRK-USD	0.0000%	1h	0.04289	+0.992%	$20K	$24K	5x	as long as short
Deribit STRK_USDC-PERPETUAL	0.0000%	1h	0.04288	+0.965%	$8K	$43K	25x	as long as short
Injective STRK/USDC PERP	+0.0033%	1h	0.05070	+19.378%	$3K	$38K	5.5x	as long as short
Lighter STRK	+0.0096%	1h	0.04293	+1.083%	$255K	$441K	5x	as long as short
Paradex STRK-USD-PERP	+0.0100%	8h	0.04285	+0.899%	$8K	$144	20x	as long as short
Hyperliquid STRK	+0.0100%	1h	0.04296	+1.154%	$14.1M	$5.9M	5x	as long as short
Aster STRKUSDT	+0.0100%	4h	0.04293	+1.091%	$33K	$212K	10x	as long as short
Pacifica STRK	+0.0100%	1h	0.04288	+0.965%	$43K	$65K	5x	as long as short
Binance STRKUSDT	+0.0100%	4h	0.04290	+1.012%	$12.2M	$43.3M	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	0.04289	+0.989%	$14.9M	$19.7M	50x	as long as short
OKX STRK-USDT-SWAP	+0.0100%	4h	0.04291	+1.036%	$4.6M	$18.5M	50x	as long as short
Gate STRK_USDT	+0.0100%	4h	0.04287	+0.942%	$570K	$1.4M	50x	as long as short
MEXC STRK_USDT	+0.0100%	4h	0.04290	+1.012%	$11.4M	$2.1M	100x	as long as short
KuCoin STRKUSDTM	+0.0100%	4h	0.04293	+1.083%	$1.5M	$1.8M	50x	as long as short
Bitget STRKUSDT	+0.0100%	4h	0.04296	+1.149%	$3.0M	$3.7M	75x	as long as short
BingX STRK-USDC	+0.0100%	4h	0.04289	+0.989%	—	$734K	—	as long as short
Backpack STRK_USDC_PERP	+0.0100%	1h	0.04292	+1.060%	$28K	$143K	10x	as long as short
Variational Omni STRK	+0.0100%	4h	0.04283	+0.844%	$417K	$1.9M	—	as long as short
GRVT STRK_USDT_Perp	+0.0100%	4h	0.04284	+0.883%	$183K	$3.5M	10x	as long as short
SunX STRK-USDTshort	+0.0100%	4h	0.04385	+3.249%	$2K	$884K	20x
Extended STRK-USD	+0.0104%	1h	0.04282	+0.836%	$119K	$876K	10x	as long as short
Kraken Futures PF_STRKUSD	+0.0336%	1h	0.04286	+0.924%	$445K	$501K	20x	as long as short
BloFin STRK-USDT	+0.0340%	4h	0.04282	+0.824%	$654K	$765K	75x	as long as short