Funding you earn now, next payment 22:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h −0.177%
Price spread now: Bybit against Deribit−0.205%45s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Bybit is 0.205% cheaper against Deribit than usual: you would sell low and buy high (spread −0.205% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$20 on $10k: about 6.8 days of funding at the current rate (+$3 a day). The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit STRK_USDC-PERPETUAL | 0.04392 | 0 | get 0.0000% / 1h | 10m 36s | $8K | $24K | 25x |
| Short | Bybit STRKUSDT | 0.04383 | 0.0100 | get 0.0050% / 4h | 2h 10m | $15.4M | $21.3M | 50x |
Deribit STRK_USDC-PERPETUAL
Bybit STRKUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Deribit. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $21
- Price spread: −0.205% → 0.000%
- −$20.49
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$17.49
- Costs to cover
- 0.180%
- Break-even
- 12.8 days
Slippage unknown: Deribit: no order-book sample; Bybit: live order book, 8 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 Deribit no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 8 min ago | 3.40 bp | 17.7 bp −$18 | 51.9 bp −$519 | doesn't fit | doesn't fit |
Deribit: 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-INTX | −0.0352% | 1h | 0.04374 | −0.410% | $62K | $94K | 25x | as long as short |
| dYdX STRK-USD | 0.0000% | 1h | 0.04389 | −0.063% | $20K | $24K | 5x | as long as short |
| Deribit STRK_USDC-PERPETUALlong | 0.0000% | 1h | 0.04392 | long leg | $8K | $24K | 25x | |
| Injective STRK/USDC PERP | +0.0033% | 1h | 0.05070 | +15.437% | $3K | $38K | 5.5x | as long as short |
| Paradex STRK-USD-PERP | +0.0100% | 8h | 0.04386 | −0.129% | $8K | $144 | 20x | as long as short |
| Hyperliquid STRK | +0.0100% | 1h | 0.04394 | +0.046% | $15.1M | $7.3M | 5x | as long as short |
| Aster STRKUSDT | +0.0100% | 4h | 0.04391 | −0.023% | $35K | $363K | 10x | as long as short |
| Pacifica STRK | +0.0100% | 1h | 0.04390 | −0.046% | $44K | $69K | 5x | as long as short |
| Binance STRKUSDT | +0.0100% | 4h | 0.04385 | −0.155% | $12.7M | $50.2M | 75x | as long as short |
| Bybit STRKUSDTshort | +0.0100% | 4h | 0.04383 | −0.205% | $15.4M | $21.3M | 50x |
Coinbase International STRK-PERP-INTX
dYdX STRK-USD
Injective STRK/USDC PERP
Paradex STRK-USD-PERP
Hyperliquid STRK
Aster STRKUSDT
Pacifica STRK
Binance STRKUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX STRK-USDT-SWAP | +0.0100% | 4h | 0.04385 | −0.159% | $4.9M | $23.6M | 50x | as long as short |
| Gate STRK_USDT | +0.0100% | 4h | 0.04385 | −0.159% | $588K | $1.5M | 50x | as long as short |
| MEXC STRK_USDT | +0.0100% | 4h | 0.04388 | −0.091% | $11.6M | $2.2M | 100x | as long as short |
| KuCoin STRKUSDTM | +0.0100% | 4h | 0.04387 | −0.114% | $1.5M | $1.9M | 50x | as long as short |
| Bitget STRKUSDT | +0.0100% | 4h | 0.04387 | −0.123% | $3.1M | $4.1M | 75x | as long as short |
| BingX STRK-USDT | +0.0100% | 4h | 0.04384 | −0.182% | — | $25.9M | — | as long as short |
| Backpack STRK_USDC_PERP | +0.0100% | 1h | 0.04388 | −0.091% | $25K | $152K | 10x | as long as short |
| Variational Omni STRK | +0.0100% | 4h | 0.04401 | +0.200% | $359K | $1.7M | — | as long as short |
| GRVT STRK_USDT_Perp | +0.0100% | 4h | 0.04387 | −0.114% | $188K | $3.5M | 10x | as long as short |
| SunX STRK-USDT | +0.0100% | 4h | 0.04491 | +2.254% | $2K | $819K | 20x | as long as short |
| Extended STRK-USD | +0.0104% | 1h | 0.04384 | −0.183% | $121K | $626K | 10x | as long as short |
| BloFin STRK-USDT | +0.0111% | 4h | 0.04385 | −0.159% | $551K | $725K | 75x | as long as short |
| Lighter STRK | +0.0256% | 1h | 0.04400 | +0.182% | $271K | $542K | 5x | as long as short |
| Kraken Futures PF_STRKUSD | +0.0338% | 1h | 0.04398 | +0.141% | $468K | $491K | 20x | as long as short |
OKX STRK-USDT-SWAP
Gate STRK_USDT
MEXC STRK_USDT
KuCoin STRKUSDTM
Bitget STRKUSDT
BingX STRK-USDT
Backpack STRK_USDC_PERP
Variational Omni STRK
GRVT STRK_USDT_Perp
SunX STRK-USDT
Extended STRK-USD
BloFin STRK-USDT
Lighter STRK
Kraken Futures PF_STRKUSD