Funding arb · Price arb /

STRK

all STRK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h −0.052%

Price spread now: Binance against dYdX−0.142%7-day average — · you buy dearer than you sell

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

Long on dYdX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 6 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. Binance is 0.142% cheaper against dYdX than usual: you would sell low and buy high (spread −0.142% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$14 on $10k: about 4.7 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX STRK-USD	0.04277	0	get 0.0000% / 1h	33m 32s	$20K	$24K	5x
Short	Binance STRKUSDT	0.04271	0.0100	get 0.0050% / 4h	3h 33m	$12.1M	$43.0M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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 BinancebpOrdersPrice spread, now −0.142%Rate

Funding earned: $21
Price spread: −0.142% → 0.000%: −$14.17
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$13.17
Costs to cover: 0.200%
Break-even: 11.4 days

Slippage unknown: dYdX: no order-book sample; Binance: 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 dYdX no order-book sample	—	—	—	—	—
Sell Binance live order book, 8 min ago	1.16 bp	15.3 bp −$15	41.1 bp −$411	385.5 bp −$38.6K	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	−0.1448%	1h	0.04263	−0.323%	$69K	$86K	25x	as long as short
Kraken Futures PF_STRKUSD	−0.0332%	1h	0.04288	+0.258%	$445K	$477K	20x	as long as short
dYdX STRK-USDlong	0.0000%	1h	0.04277	long leg	$20K	$24K	5x
Injective STRK/USDC PERP	+0.0033%	1h	0.05070	+18.546%	$3K	$38K	5.5x	as long as short
Lighter STRK	+0.0096%	1h	0.04281	+0.098%	$254K	$439K	5x	as long as short
Paradex STRK-USD-PERP	+0.0100%	8h	0.04273	−0.082%	$8K	$144	20x	as long as short
Hyperliquid STRK	+0.0100%	1h	0.04277	+0.004%	$14.0M	$5.8M	5x	as long as short
Aster STRKUSDT	+0.0100%	4h	0.04275	−0.037%	$33K	$215K	10x	as long as short
Pacifica STRK	+0.0100%	1h	0.04277	+0.007%	$41K	$68K	5x	as long as short
Binance STRKUSDTshort	+0.0100%	4h	0.04271	−0.142%	$12.1M	$43.0M	75x

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit STRKUSDT	+0.0100%	4h	0.04266	−0.253%	$14.8M	$19.7M	50x	as long as short
OKX STRK-USDT-SWAP	+0.0100%	4h	0.04270	−0.159%	$4.6M	$18.3M	50x	as long as short
Gate STRK_USDT	+0.0100%	4h	0.04274	−0.066%	$565K	$1.4M	50x	as long as short
MEXC STRK_USDT	+0.0100%	4h	0.04273	−0.089%	$11.3M	$2.0M	100x	as long as short
KuCoin STRKUSDTM	+0.0100%	4h	0.04274	−0.066%	$1.5M	$1.8M	50x	as long as short
Bitget STRKUSDT	+0.0100%	4h	0.04272	−0.120%	$3.0M	$3.7M	75x	as long as short
BingX STRK-USDC	+0.0100%	4h	0.04274	−0.066%	—	$733K	—	as long as short
Backpack STRK_USDC_PERP	+0.0100%	1h	0.04282	+0.121%	$27K	$143K	10x	as long as short
Variational Omni STRK	+0.0100%	4h	0.04282	+0.116%	$419K	$1.9M	—	as long as short
GRVT STRK_USDT_Perp	+0.0100%	4h	0.04286	+0.215%	$184K	$3.5M	10x	as long as short
SunX STRK-USDT	+0.0100%	4h	0.04379	+2.389%	$1K	$889K	20x	as long as short
Extended STRK-USD	+0.0104%	1h	0.04268	−0.209%	$120K	$874K	10x	as long as short
BloFin STRK-USDT	+0.0340%	4h	0.04285	+0.191%	$644K	$760K	75x	as long as short
Deribit STRK_USDC-PERPETUAL	+0.0449%	1h	0.04292	+0.355%	$7K	$44K	25x	as long as short