Funding arb · Price arb /

STRK

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h −0.346%

Price spread now: Aster against dYdX+0.040%7-day average — · you sell dearer than you buy

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

Long on dYdX Short on Aster

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Aster is 0.040% dearer against dYdX than usual: you sell high and buy low: +$4 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	dYdX STRK-USD	0.04389	0	get 0.0000% / 1h	10m 02s	$20K	$24K	5x
Short	Aster STRKUSDT	0.04391	0.0100	get 0.0050% / 4h	2h 10m	$34K	$363K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against dYdX. 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 dYdXbpFee AsterbpOrdersPrice spread, now +0.040%Rate

Funding earned: $21
Price spread: +0.040% → 0.000%: $4.02
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: $7.02
Costs to cover: 0.180%
Break-even: 4.7 days

Slippage unknown: dYdX: no order-book sample; Aster: live order book, 12 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 dYdX no order-book sample	—	—	—	—	—
Sell Aster live order book, 12 min ago	14.69 bp	27.2 bp −$27	doesn't fit	doesn't fit	doesn't fit

dYdX: 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	−0.347%	$62K	$94K	25x	as long as short
dYdX STRK-USDlong	0.0000%	1h	0.04389	long leg	$20K	$24K	5x
Injective STRK/USDC PERP	+0.0033%	1h	0.05070	+15.510%	$3K	$38K	5.5x	as long as short
Paradex STRK-USD-PERP	+0.0100%	8h	0.04386	−0.066%	$8K	$144	20x	as long as short
Hyperliquid STRK	+0.0100%	1h	0.04398	+0.200%	$15.1M	$7.3M	5x	as long as short
Aster STRKUSDTshort	+0.0100%	4h	0.04391	+0.040%	$34K	$363K	10x
Pacifica STRK	+0.0100%	1h	0.04390	+0.017%	$44K	$69K	5x	as long as short
Binance STRKUSDT	+0.0100%	4h	0.04393	+0.090%	$12.7M	$50.2M	75x	as long as short
Bybit STRKUSDT	+0.0100%	4h	0.04387	−0.051%	$15.4M	$21.3M	50x	as long as short
OKX STRK-USDT-SWAP	+0.0100%	4h	0.04390	+0.017%	$4.9M	$23.7M	50x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate STRK_USDT	+0.0100%	4h	0.04386	−0.074%	$588K	$1.5M	50x	as long as short
MEXC STRK_USDT	+0.0100%	4h	0.04396	+0.154%	$11.7M	$2.2M	100x	as long as short
KuCoin STRKUSDTM	+0.0100%	4h	0.04388	−0.028%	$1.5M	$1.9M	50x	as long as short
Bitget STRKUSDT	+0.0100%	4h	0.04392	+0.061%	$3.1M	$4.1M	75x	as long as short
BingX STRK-USDT	+0.0100%	4h	0.04392	+0.063%	—	$25.9M	—	as long as short
Backpack STRK_USDC_PERP	+0.0100%	1h	0.04393	+0.086%	$25K	$152K	10x	as long as short
Variational Omni STRK	+0.0100%	4h	0.04381	−0.179%	$258K	$1.8M	—	as long as short
GRVT STRK_USDT_Perp	+0.0100%	4h	0.04387	−0.051%	$188K	$3.5M	10x	as long as short
SunX STRK-USDT	+0.0100%	4h	0.04488	+2.250%	$2K	$819K	20x	as long as short
Extended STRK-USD	+0.0104%	1h	0.04391	+0.041%	$121K	$626K	10x	as long as short
BloFin STRK-USDT	+0.0111%	4h	0.04385	−0.097%	$551K	$725K	75x	as long as short
Deribit STRK_USDC-PERPETUAL	+0.0205%	1h	0.04397	+0.177%	$8K	$24K	25x	as long as short
Lighter STRK	+0.0256%	1h	0.04401	+0.268%	$272K	$542K	5x	as long as short
Kraken Futures PF_STRKUSD	+0.0338%	1h	0.04399	+0.233%	$468K	$491K	20x	as long as short