Funding arb · Price arb /

STRK

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%

Price spread now: Aster against Extended+0.113%7-day average +0.077% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$116as in the Price arb table

costs, in and out, $10k−$1201.195% of the position

Long on Extended Short on Aster

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)−0.029%−$3 on $10k

Price spread, last 4 days (all we have)+0.186%+$19 · spread now +0.113%, 7d avg +0.077%

Together, before fees+0.157%+ Points / potential airdropExtended: Active · Aster: Stage 5 · farm board+$16 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.036% dearer against Extended than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.077%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended STRK-USD	0.04418	0.0104	pay 0.0013% / 1h	21m 26s	$123K	$626K	10x
Short	Aster STRKUSDT	0.04423	0.0100	get 0.0050% / 4h	2h 21m	$35K	$374K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Extended. 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 ExtendedbpFee AsterbpOrdersPrice spread, now +0.113%Rate

Funding earned: −$0.84
Price spread: +0.113% → +0.077%: $3.62
Slippage, 4 orders: −$106.52
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Aster: 4 bp × 2 orders: −$8
Net: −$116.74
Costs to cover: 1.195%
Break-even: never at this rate

Slippage from Extended: live order book, 1 min ago; Aster: live order book, 65 min ago.

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 Extended live order book, 1 min ago	5.65 bp	20.3 bp −$20	131.9 bp −$1,319	doesn't fit	doesn't fit
Sell Aster live order book, 65 min ago	12.37 bp	25.1 bp −$25	doesn't fit	doesn't fit	doesn't fit

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	0.04425	+0.159%	$63K	$91K	25x	as long as short
dYdX STRK-USD	0.0000%	1h	0.04427	+0.195%	$21K	$24K	5x	as long as short
Injective STRK/USDC PERP	+0.0033%	1h	0.05070	+14.758%	$3K	$38K	5.5x	as long as short
Paradex STRK-USD-PERP	+0.0100%	8h	0.04419	+0.031%	$8K	$144	20x	as long as short
Hyperliquid STRK	+0.0100%	1h	0.04422	+0.091%	$15.2M	$7.2M	5x	as long as short
Aster STRKUSDTshort	+0.0100%	4h	0.04423	+0.113%	$35K	$374K	10x
Pacifica STRK	+0.0100%	1h	0.04425	+0.152%	$44K	$69K	5x	as long as short
Binance STRKUSDT	+0.0100%	4h	0.04419	+0.023%	$12.8M	$50.2M	75x	as long as short
Bybit STRKUSDT	+0.0100%	4h	0.04417	−0.022%	$15.7M	$21.1M	50x	as long as short
OKX STRK-USDT-SWAP	+0.0100%	4h	0.04417	−0.022%	$4.9M	$23.8M	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	0.04420	+0.045%	$593K	$1.5M	50x	as long as short
MEXC STRK_USDT	+0.0100%	4h	0.04424	+0.136%	$11.7M	$2.2M	100x	as long as short
KuCoin STRKUSDTM	+0.0100%	4h	0.04424	+0.136%	$1.5M	$1.9M	50x	as long as short
Bitget STRKUSDT	+0.0100%	4h	0.04419	+0.012%	$3.1M	$4.1M	75x	as long as short
BingX STRK-USDC	+0.0100%	4h	0.04419	+0.023%	—	$723K	—	as long as short
Backpack STRK_USDC_PERP	+0.0100%	1h	0.04424	+0.136%	$25K	$152K	10x	as long as short
Variational Omni STRK	+0.0100%	4h	0.04439	+0.483%	$360K	$1.7M	—	as long as short
GRVT STRK_USDT_Perp	+0.0100%	4h	0.04429	+0.243%	$191K	$3.5M	10x	as long as short
SunX STRK-USDT	+0.0100%	4h	0.04530	+2.535%	$2K	$816K	20x	as long as short
Extended STRK-USDlong	+0.0104%	1h	0.04418	long leg	$123K	$626K	10x
BloFin STRK-USDT	+0.0124%	4h	0.04429	+0.249%	$786K	$727K	75x	as long as short
Deribit STRK_USDC-PERPETUAL	+0.0202%	1h	0.04431	+0.294%	$8K	$24K	25x	as long as short
Lighter STRK	+0.0224%	1h	0.04432	+0.317%	$273K	$541K	5x	as long as short
Kraken Futures PF_STRKUSD	+0.0335%	1h	0.04438	+0.444%	$472K	$492K	20x	as long as short