Funding arb · Price arb /

STRK

all STRK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%

Price spread now: Gate against Extended+0.156%7-day average +0.091% · you sell dearer than you buy

Net, funding: paid 7d − costs−$119as in the Funding arb table

Net, price: spread back to 7d avg − costs−$109as in the Price arb table

costs, in and out, $10k−$1161.158% of the position

Long on Extended Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.028%−$3 on $10k

Price spread, last 4 days (all we have)−0.193%−$19 · spread now +0.156%, 7d avg +0.091%

Together, before fees−0.221%+ Points / potential airdropExtended: Active · farm board−$22 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: Gate is 0.065% dearer against Extended than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.091%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended STRK-USD	0.04318	0.0104	pay 0.0013% / 1h	33m 01s	$121K	$665K	10x
Short	Gate STRK_USDT	0.04325	0.0100	get 0.0050% / 4h	1h 33m	$582K	$1.3M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.156%Rate

Funding earned: −$0.84
Price spread: +0.156% → +0.091%: $6.5
Slippage, 4 orders: −$95.82
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$110.16
Costs to cover: 1.158%
Break-even: never at this rate

Slippage from Extended: live order book, 30 min ago; Gate: live order book, 4 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, 30 min ago	6.92 bp	22.2 bp −$22	161.9 bp −$1,619	doesn't fit	doesn't fit
Sell Gate live order book, 4 min ago	2.31 bp	38.2 bp −$38	531.8 bp −$5,318	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	−0.0952%	1h	0.04280	−0.886%	$60K	$86K	25x	as long as short
Kraken Futures PF_STRKUSD	−0.0369%	1h	0.04323	+0.120%	$454K	$529K	20x	as long as short
dYdX STRK-USD	0.0000%	1h	0.04323	+0.114%	$20K	$24K	5x	as long as short
Injective STRK/USDC PERP	+0.0033%	1h	0.05070	+17.408%	$3K	$38K	5.5x	as long as short
Lighter STRK	+0.0096%	1h	0.04333	+0.341%	$264K	$503K	5x	as long as short
Paradex STRK-USD-PERP	+0.0100%	8h	0.04321	+0.060%	$8K	$144	20x	as long as short
Hyperliquid STRK	+0.0100%	1h	0.04325	+0.156%	$14.6M	$6.9M	5x	as long as short
Aster STRKUSDT	+0.0100%	4h	0.04326	+0.180%	$33K	$328K	10x	as long as short
Pacifica STRK	+0.0100%	1h	0.04321	+0.068%	$43K	$69K	5x	as long as short
Binance STRKUSDT	+0.0100%	4h	0.04322	+0.086%	$12.4M	$46.1M	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	0.04319	+0.017%	$15.1M	$20.8M	50x	as long as short
OKX STRK-USDT-SWAP	+0.0100%	4h	0.04322	+0.086%	$4.7M	$20.8M	50x	as long as short
Gate STRK_USDTshort	+0.0100%	4h	0.04325	+0.156%	$582K	$1.3M	50x
MEXC STRK_USDT	+0.0100%	4h	0.04322	+0.086%	$12.1M	$2.0M	100x	as long as short
KuCoin STRKUSDTM	+0.0100%	4h	0.04325	+0.156%	$1.5M	$1.8M	50x	as long as short
Bitget STRKUSDT	+0.0100%	4h	0.04317	−0.020%	$3.0M	$3.8M	75x	as long as short
BingX STRK-USDC	+0.0100%	4h	0.04325	+0.156%	—	$726K	—	as long as short
Backpack STRK_USDC_PERP	+0.0100%	1h	0.04323	+0.110%	$24K	$137K	10x	as long as short
Variational Omni STRK	+0.0100%	4h	0.04325	+0.148%	$389K	$2.1M	—	as long as short
GRVT STRK_USDT_Perp	+0.0100%	4h	0.04328	+0.217%	$189K	$3.5M	10x	as long as short
SunX STRK-USDT	+0.0100%	4h	0.04423	+2.425%	$1K	$834K	20x	as long as short
Extended STRK-USDlong	+0.0104%	1h	0.04318	long leg	$121K	$665K	10x
BloFin STRK-USDT	+0.0340%	4h	0.04320	+0.040%	$751K	$833K	75x	as long as short
Deribit STRK_USDC-PERPETUAL	+0.0444%	1h	0.04327	+0.202%	$8K	$44K	25x	as long as short