Funding arb · Price arb /

STRK

all STRK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0775%/8h= +84.9% APRpaid last 24h +0.016%

Price spread now: Aster against Kraken Futures−0.130%54s7-day average −0.187% · you buy dearer than you sell

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

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1171.167% of the position

Long on Kraken Futures Short on Aster

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)−1.616%−$162 on $10k

Price spread, last 4 days (all we have)−2.111%−$211 · spread now −0.130%, 7d avg −0.187%

Together, before fees−3.726%+ Points / potential airdropAster: Stage 5 · farm board−$373 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$23 a day on $10k at the current rate, and Aster is 0.057% dearer against Kraken Futures than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.187%. Mind the row above: over the last 6 days funding on this pair cost −1.616%, so the current rate has only just turned in your favour. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_STRKUSD	0.04258	−0.0675	get 0.0084% / 1h	52m 29s	$454K	$457K	20x
Short	Aster STRKUSDT	0.04252	0.0100	get 0.0050% / 4h	1h 52m	$32K	$169K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Kraken Futures. 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 Kraken FuturesbpFee AsterbpOrdersPrice spread, now −0.130%Rate

Funding earned: $162.74
Price spread: −0.130% → −0.187%: $5.72
Slippage, 4 orders: −$98.72
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: $51.74
Costs to cover: 1.167%
Break-even: 4.8 days

Slippage from Kraken Futures: live order book, 58 min ago; Aster: live order book, 57 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 Kraken Futures live order book, 58 min ago	11.71 bp	32.5 bp −$33	2541.9 bp −$25.4K	doesn't fit	doesn't fit
Sell Aster live order book, 57 min ago	8.23 bp	29.8 bp −$30	doesn't fit	doesn't fit	doesn't fit

STRK on 24 exchanges

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	−0.1744%	1h	0.04214	−1.023%	$67K	$71K	25x	as long as short
Kraken Futures PF_STRKUSDlong	−0.0675%	1h	0.04258	long leg	$454K	$457K	20x
Bybit STRKUSDT	−0.0474%	4h	0.04245	−0.295%	$14.6M	$19.0M	50x	as long as short
Injective STRK/USDC PERP	+0.0033%	1h	0.05070	+19.083%	$3K	$38K	5.5x	as long as short
Variational Omni STRK	+0.0052%	4h	0.04251	−0.156%	$413K	$1.9M	—	as long as short
Lighter STRK	+0.0096%	1h	0.04257	−0.013%	$253K	$424K	5x	as long as short
Paradex STRK-USD-PERP	+0.0100%	8h	0.04251	−0.165%	$8K	$913	20x	as long as short
Hyperliquid STRK	+0.0100%	1h	0.04253	−0.107%	$13.9M	$5.5M	5x	as long as short
Aster STRKUSDTshort	+0.0100%	4h	0.04252	−0.130%	$32K	$169K	10x
Pacifica STRK	+0.0100%	1h	0.04252	−0.121%	$41K	$69K	5x	as long as short

Show all 24 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance STRKUSDT	+0.0100%	4h	0.04251	−0.154%	$12.1M	$40.8M	75x	as long as short
OKX STRK-USDT-SWAP	+0.0100%	4h	0.04248	−0.224%	$4.5M	$17.1M	50x	as long as short
Gate STRK_USDT	+0.0100%	4h	0.04246	−0.271%	$549K	$1.3M	50x	as long as short
MEXC STRK_USDT	+0.0100%	4h	0.04250	−0.177%	$11.1M	$1.9M	100x	as long as short
KuCoin STRKUSDTM	+0.0100%	4h	0.04252	−0.130%	$1.5M	$1.7M	50x	as long as short
Bitget STRKUSDT	+0.0100%	4h	0.04249	−0.203%	$3.0M	$3.5M	75x	as long as short
BingX STRK-USDC	+0.0100%	4h	0.04249	−0.201%	—	$730K	—	as long as short
Backpack STRK_USDC_PERP	+0.0100%	1h	0.04252	−0.130%	$27K	$139K	10x	as long as short
GRVT STRK_USDT_Perp	+0.0100%	4h	0.04254	−0.083%	$185K	$3.4M	10x	as long as short
SunX STRK-USDT	+0.0100%	4h	0.04353	+2.242%	$1K	$884K	20x	as long as short
Extended STRK-USD	+0.0104%	1h	0.04248	−0.217%	$118K	$871K	10x	as long as short
Deribit STRK_USDC-PERPETUAL	+0.0220%	1h	0.04258	+0.011%	$3K	$43K	25x	as long as short
dYdX STRK-USD	+0.0222%	1h	0.04253	−0.097%	$20K	$24K	5x	as long as short
BloFin STRK-USDT	+0.0340%	4h	0.04256	−0.036%	$622K	$716K	75x	as long as short