Funding arb · Price arb /

STRK

all STRK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0214%/8h= +23.4% APRpaid last 24h +0.001%

Price spread now: Extended against Gate+0.042%7-day average −0.090% · you sell dearer than you buy

Net, funding: paid 7d − costs−$111as in the Funding arb table

Net, price: spread back to 7d avg − costs−$100as in the Price arb table

costs, in and out, $10k−$1131.131% of the position

Long on Gate Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.020%+$2 on $10k

Price spread, last 4 days (all we have)−0.123%−$12 · spread now +0.042%, 7d avg −0.090%

Together, before fees−0.103%+ Points / potential airdropExtended: Active · farm board−$10 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Extended is 0.132% dearer against Gate than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.090%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.020% in total (about 1.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate STRK_USDT	0.04322	−0.0110	get 0.0055% / 4h	3h 52m	$566K	$1.3M	50x
Short	Extended STRK-USD	0.04324	0.0104	get 0.0013% / 1h	52m 39s	$121K	$656K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Gate. 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 GatebpFee ExtendedbpOrdersPrice spread, now +0.042%Rate

Funding earned: $44.94
Price spread: +0.042% → −0.090%: $13.21
Slippage, 4 orders: −$93.06
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$54.9
Costs to cover: 1.131%
Break-even: 15.6 days

Slippage from Gate: live order book, 5 min ago; Extended: 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 Gate live order book, 5 min ago	3.48 bp	37.6 bp −$38	doesn't fit	doesn't fit	doesn't fit
Sell Extended live order book, 65 min ago	4.63 bp	20.0 bp −$20	155.7 bp −$1,557	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	−0.1032%	1h	0.04303	−0.440%	$75K	$98K	25x	as long as short
Gate STRK_USDTlong	−0.0110%	4h	0.04322	long leg	$566K	$1.3M	50x
dYdX STRK-USD	0.0000%	1h	0.04332	+0.234%	$20K	$24K	5x	as long as short
Injective STRK/USDC PERP	+0.0033%	1h	0.05070	+17.307%	$3K	$38K	5.5x	as long as short
Kraken Futures PF_STRKUSD	+0.0059%	1h	0.04333	+0.245%	$459K	$557K	20x	as long as short
Lighter STRK	+0.0096%	1h	0.04337	+0.347%	$265K	$464K	5x	as long as short
Paradex STRK-USD-PERP	+0.0100%	8h	0.04327	+0.116%	$8K	$144	20x	as long as short
Hyperliquid STRK	+0.0100%	1h	0.04335	+0.301%	$14.6M	$6.3M	5x	as long as short
Aster STRKUSDT	+0.0100%	4h	0.04332	+0.240%	$33K	$227K	10x	as long as short
Pacifica STRK	+0.0100%	1h	0.04330	+0.185%	$43K	$69K	5x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance STRKUSDT	+0.0100%	4h	0.04328	+0.141%	$12.4M	$44.6M	75x	as long as short
Bybit STRKUSDT	+0.0100%	4h	0.04322	0.000%	$15.2M	$20.1M	50x	as long as short
OKX STRK-USDT-SWAP	+0.0100%	4h	0.04324	+0.046%	$4.7M	$19.8M	50x	as long as short
MEXC STRK_USDT	+0.0100%	4h	0.04328	+0.139%	$12.1M	$1.9M	100x	as long as short
KuCoin STRKUSDTM	+0.0100%	4h	0.04329	+0.162%	$1.5M	$1.8M	50x	as long as short
Bitget STRKUSDT	+0.0100%	4h	0.04327	+0.111%	$3.1M	$3.7M	75x	as long as short
BingX STRK-USDT	+0.0100%	4h	0.04327	+0.116%	—	$9.2M	—	as long as short
Backpack STRK_USDC_PERP	+0.0100%	1h	0.04331	+0.208%	$30K	$143K	10x	as long as short
Variational Omni STRK	+0.0100%	4h	0.04310	−0.284%	$428K	$1.9M	—	as long as short
GRVT STRK_USDT_Perp	+0.0100%	4h	0.04313	−0.197%	$186K	$3.5M	10x	as long as short
SunX STRK-USDT	+0.0100%	4h	0.04428	+2.453%	$2K	$845K	20x	as long as short
Extended STRK-USDshort	+0.0104%	1h	0.04324	+0.042%	$121K	$656K	10x
BloFin STRK-USDT	+0.0340%	4h	0.04331	+0.208%	$750K	$785K	75x	as long as short
Deribit STRK_USDC-PERPETUAL	+0.0443%	1h	0.04334	+0.278%	$8K	$44K	25x	as long as short