Funding arb · Price arb /

STRK

all STRK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h −0.106%

Price spread now: OKX against dYdX−0.041%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 OKX

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. OKX is 0.041% cheaper against dYdX than usual: you would sell low and buy high (spread −0.041% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 33 hours 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	0.04327	0	get 0.0000% / 1h	14m 12s	$20K	$24K	5x
Short	OKX STRK-USDT-SWAP	0.04325	0.0100	get 0.0050% / 4h	1h 14m	$4.7M	$19.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.041%Rate

Funding earned: $21
Price spread: −0.041% → 0.000%: −$4.08
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee OKX: 5 bp × 2 orders: −$10
Net: −$3.08
Costs to cover: 0.200%
Break-even: 8.0 days

Slippage unknown: dYdX: no order-book sample; OKX: live order book, 4 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 OKX live order book, 4 min ago	1.16 bp	14.1 bp −$14	33.2 bp −$332	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	−0.0992%	1h	0.04294	−0.757%	$70K	$89K	25x	as long as short
Kraken Futures PF_STRKUSD	−0.0049%	1h	0.04328	+0.026%	$450K	$599K	20x	as long as short
dYdX STRK-USDlong	0.0000%	1h	0.04327	long leg	$20K	$24K	5x
Injective STRK/USDC PERP	+0.0033%	1h	0.05070	+17.178%	$3K	$38K	5.5x	as long as short
Lighter STRK	+0.0096%	1h	0.04332	+0.121%	$257K	$444K	5x	as long as short
Paradex STRK-USD-PERP	+0.0100%	8h	0.04325	−0.048%	$8K	$144	20x	as long as short
Hyperliquid STRK	+0.0100%	1h	0.04328	+0.029%	$14.3M	$6.1M	5x	as long as short
Aster STRKUSDT	+0.0100%	4h	0.04328	+0.020%	$33K	$229K	10x	as long as short
Pacifica STRK	+0.0100%	1h	0.04329	+0.045%	$43K	$65K	5x	as long as short
Binance STRKUSDT	+0.0100%	4h	0.04324	−0.055%	$12.3M	$44.3M	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	0.04323	−0.087%	$15.1M	$20.2M	50x	as long as short
OKX STRK-USDT-SWAPshort	+0.0100%	4h	0.04325	−0.041%	$4.7M	$19.1M	50x
Gate STRK_USDT	+0.0100%	4h	0.04322	−0.110%	$579K	$1.4M	50x	as long as short
MEXC STRK_USDT	+0.0100%	4h	0.04325	−0.041%	$11.6M	$2.1M	100x	as long as short
KuCoin STRKUSDTM	+0.0100%	4h	0.04326	−0.018%	$1.5M	$1.8M	50x	as long as short
Bitget STRKUSDT	+0.0100%	4h	0.04327	−0.004%	$3.0M	$3.8M	75x	as long as short
BingX STRK-USDC	+0.0100%	4h	0.04325	−0.041%	—	$734K	—	as long as short
Backpack STRK_USDC_PERP	+0.0100%	1h	0.04325	−0.041%	$29K	$144K	10x	as long as short
Variational Omni STRK	+0.0100%	4h	0.04323	−0.093%	$426K	$1.9M	—	as long as short
GRVT STRK_USDT_Perp	+0.0100%	4h	0.04324	−0.064%	$188K	$3.5M	10x	as long as short
SunX STRK-USDT	+0.0100%	4h	0.04426	+2.294%	$2K	$880K	20x	as long as short
Extended STRK-USD	+0.0104%	1h	0.04323	−0.081%	$120K	$436K	10x	as long as short
BloFin STRK-USDT	+0.0340%	4h	0.04326	−0.018%	$674K	$781K	75x	as long as short
Deribit STRK_USDC-PERPETUAL	+0.0443%	1h	0.04329	+0.052%	$8K	$43K	25x	as long as short