Funding arb · Price arb /

STRK

all STRK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%

Price spread now: Binance against Extended−0.119%7-day average +0.096% · you buy dearer than you sell

Net, funding: paid 7d − costs−$70as in the Funding arb table

Net, price: spread back to 7d avg − costs−$91as in the Price arb table

costs, in and out, $10k−$690.692% of the position

Long on Extended Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.007%−$1 on $10k

Price spread, last 4 days (all we have)+0.236%+$24 · spread now −0.119%, 7d avg +0.096%

Together, before fees+0.228%+ Points / potential airdropExtended: Active · farm board+$23 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: Binance is 0.215% cheaper against Extended than usual: you would sell low and buy high, −$22 on $10k if it goes back to its 7-day average of +0.096%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended STRK-USD	0.04258	0.0104	pay 0.0013% / 1h	34m 31s	$121K	$471K	10x
Short	Binance STRKUSDT	0.04253	0.0100	get 0.0050% / 4h	2h 34m	$12.0M	$44.7M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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 BinancebpOrdersPrice spread, now −0.119%Rate

Funding earned: −$0.84
Price spread: −0.119% → +0.096%: −$21.52
Slippage, 4 orders: −$54.17
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Binance: 5 bp × 2 orders: −$10
Net: −$91.54
Costs to cover: 0.692%
Break-even: never at this rate

Slippage from Extended: live order book, 13 min ago; Binance: live order book, 8 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, 13 min ago	5.87 bp	21.6 bp −$22	166.0 bp −$1,660	doesn't fit	doesn't fit
Sell Binance live order book, 8 min ago	1.18 bp	14.2 bp −$14	44.1 bp −$441	374.5 bp −$37.4K	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	−0.0904%	1h	0.04231	−0.625%	$69K	$99K	25x	as long as short
Kraken Futures PF_STRKUSD	−0.0190%	1h	0.04280	+0.521%	$447K	$583K	20x	as long as short
dYdX STRK-USD	0.0000%	1h	0.04261	+0.083%	$20K	$24K	5x	as long as short
Injective STRK/USDC PERP	+0.0033%	1h	0.05070	+19.081%	$3K	$38K	5.5x	as long as short
Lighter STRK	+0.0096%	1h	0.04269	+0.267%	$254K	$443K	5x	as long as short
Paradex STRK-USD-PERP	+0.0099%	8h	0.04257	−0.013%	$8K	$144	20x	as long as short
Hyperliquid STRK	+0.0100%	1h	0.04264	+0.150%	$14.1M	$6.4M	5x	as long as short
Aster STRKUSDT	+0.0100%	4h	0.04259	+0.043%	$33K	$229K	10x	as long as short
Pacifica STRK	+0.0100%	1h	0.04262	+0.112%	$42K	$69K	5x	as long as short
Binance STRKUSDTshort	+0.0100%	4h	0.04253	−0.119%	$12.0M	$44.7M	75x

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit STRKUSDT	+0.0100%	4h	0.04251	−0.156%	$14.8M	$20.1M	50x	as long as short
OKX STRK-USDT-SWAP	+0.0100%	4h	0.04254	−0.085%	$4.6M	$19.3M	50x	as long as short
Gate STRK_USDT	+0.0100%	4h	0.04260	+0.056%	$562K	$1.4M	50x	as long as short
MEXC STRK_USDT	+0.0100%	4h	0.04263	+0.126%	$11.4M	$2.1M	100x	as long as short
KuCoin STRKUSDTM	+0.0100%	4h	0.04267	+0.220%	$1.5M	$1.9M	50x	as long as short
Bitget STRKUSDT	+0.0100%	4h	0.04257	−0.019%	$3.1M	$3.9M	75x	as long as short
BingX STRK-USDT	+0.0100%	4h	0.04260	+0.056%	—	$9.3M	—	as long as short
Backpack STRK_USDC_PERP	+0.0100%	1h	0.04272	+0.338%	$26K	$143K	10x	as long as short
Variational Omni STRK	+0.0100%	4h	0.04267	+0.216%	$419K	$1.9M	—	as long as short
GRVT STRK_USDT_Perp	+0.0100%	4h	0.04264	+0.149%	$186K	$3.5M	10x	as long as short
SunX STRK-USDT	+0.0100%	4h	0.04378	+2.827%	$2K	$866K	20x	as long as short
Extended STRK-USDlong	+0.0104%	1h	0.04258	long leg	$121K	$471K	10x
Deribit STRK_USDC-PERPETUAL	+0.0217%	1h	0.04282	+0.573%	$8K	$43K	25x	as long as short
BloFin STRK-USDT	+0.0340%	4h	0.04276	+0.432%	$697K	$765K	75x	as long as short