Funding you earn now, next payment 03:00 UTC+0.0044%/8h= +4.8% APRpaid last 24h +0.093%
Price spread now: Lighter against Gate+0.252%7-day average +0.111% · you sell dearer than you buy
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs−$108as in the Price arb table
costs, in and out, $10k−$1221.217% of the position
Funding, last 7 days+0.423%+$42 on $10k
+Price spread, last 4 days (all we have)+0.006%+$1 · spread now +0.252%, 7d avg +0.111%
=Together, before fees+0.430%+ Points / potential airdropLighter: Season 3 · farm board+$43 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter is 0.141% dearer against Gate than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of +0.111%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate STRK_USDT | 0.04359 | 0.0100 | pay 0.0050% / 4h | 1h 12m | $581K | $1.4M | 50x |
| Short | Lighter STRK | 0.04370 | 0.0144 | get 0.0018% / 1h | 12m 59s | $267K | $505K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Gate. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $9.24
- Price spread: +0.252% → +0.111%
- $14.13
- Slippage, 4 orders
- −$106.72
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$98.35
- Costs to cover
- 1.217%
- Break-even
- 81.5 days
Slippage from Gate: live order book, 4 min ago; Lighter: live order book, 42 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, 4 min ago | 3.42 bp | 43.9 bp −$44 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 42 min ago | 11.56 bp | 14.0 bp −$14 | 70.1 bp −$701 | 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 | 0.04350 | −0.206% | $76K | $100K | 25x | as long as short |
| Kraken Futures PF_STRKUSD | −0.0366% | 1h | 0.04363 | +0.100% | $459K | $532K | 20x | as long as short |
| dYdX STRK-USD | 0.0000% | 1h | 0.04361 | +0.049% | $20K | $24K | 5x | as long as short |
| Injective STRK/USDC PERP | +0.0033% | 1h | 0.05070 | +16.311% | $3K | $38K | 5.5x | as long as short |
| Paradex STRK-USD-PERP | +0.0100% | 8h | 0.04360 | +0.018% | $8K | $144 | 20x | as long as short |
| Hyperliquid STRK | +0.0100% | 1h | 0.04366 | +0.161% | $14.7M | $6.9M | 5x | as long as short |
| Aster STRKUSDT | +0.0100% | 4h | 0.04361 | +0.049% | $33K | $328K | 10x | as long as short |
| Pacifica STRK | +0.0100% | 1h | 0.04360 | +0.023% | $43K | $69K | 5x | as long as short |
| Binance STRKUSDT | +0.0100% | 4h | 0.04371 | +0.273% | $12.5M | $46.0M | 75x | as long as short |
| Bybit STRKUSDT | +0.0100% | 4h | 0.04370 | +0.252% | $15.3M | $20.7M | 50x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX STRK-USDT-SWAP | +0.0100% | 4h | 0.04372 | +0.298% | $4.8M | $20.9M | 50x | as long as short |
| Gate STRK_USDTlong | +0.0100% | 4h | 0.04359 | long leg | $581K | $1.4M | 50x | |
| MEXC STRK_USDT | +0.0100% | 4h | 0.04364 | +0.115% | $12.3M | $2.0M | 100x | as long as short |
| KuCoin STRKUSDTM | +0.0100% | 4h | 0.04362 | +0.069% | $1.5M | $1.8M | 50x | as long as short |
| Bitget STRKUSDT | +0.0100% | 4h | 0.04371 | +0.266% | $3.1M | $3.8M | 75x | as long as short |
| BingX STRK-USDC | +0.0100% | 4h | 0.04364 | +0.115% | — | $728K | — | as long as short |
| Backpack STRK_USDC_PERP | +0.0100% | 1h | 0.04362 | +0.069% | $24K | $138K | 10x | as long as short |
| Variational Omni STRK | +0.0100% | 4h | 0.04366 | +0.153% | $422K | $2.1M | — | as long as short |
| GRVT STRK_USDT_Perp | +0.0100% | 4h | 0.04379 | +0.470% | $190K | $3.5M | 10x | as long as short |
| SunX STRK-USDT | +0.0100% | 4h | 0.04462 | +2.363% | $1K | $838K | 20x | as long as short |
| Extended STRK-USD | +0.0104% | 1h | 0.04370 | +0.261% | $122K | $665K | 10x | as long as short |
| Lighter STRKshort | +0.0144% | 1h | 0.04370 | +0.252% | $267K | $505K | 5x | |
| BloFin STRK-USDT | +0.0340% | 4h | 0.04363 | +0.092% | $759K | $845K | 75x | as long as short |
| Deribit STRK_USDC-PERPETUAL | +0.0897% | 1h | 0.04364 | +0.115% | $8K | $44K | 25x | as long as short |
Gate STRK_USDT
Lighter STRK
Coinbase International STRK-PERP-INTX
Kraken Futures PF_STRKUSD
Injective STRK/USDC PERP
Paradex STRK-USD-PERP
Hyperliquid STRK
Aster STRKUSDT
Pacifica STRK
Binance STRKUSDT
Bybit STRKUSDT
OKX STRK-USDT-SWAP
MEXC STRK_USDT
KuCoin STRKUSDTM
Bitget STRKUSDT
BingX STRK-USDC
Backpack STRK_USDC_PERP
Variational Omni STRK
GRVT STRK_USDT_Perp
SunX STRK-USDT
Extended STRK-USD
BloFin STRK-USDT
Deribit STRK_USDC-PERPETUAL