Funding arb · Price arb /

STRK

all STRK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0235%/8h= +25.8% APRpaid last 24h −0.104%

Price spread now: MEXC against Kraken Futures−0.024%7-day average −0.191% · you buy dearer than you sell

Net, funding: paid 7d − costs−$225as in the Funding arb table

Net, price: spread back to 7d avg − costs−$66as in the Price arb table

costs, in and out, $10k−$820.824% of the position

Long on Kraken Futures Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−1.428%−$143 on $10k

Price spread, last 4 days (all we have)−2.458%−$246 · spread now −0.024%, 7d avg −0.191%

Together, before fees−3.887%−$389 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and MEXC is 0.167% dearer against Kraken Futures than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of −0.191%. Mind the row above: over the last 7 days funding on this pair cost −1.428%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_STRKUSD	0.04341	−0.0135	get 0.0017% / 1h	12m 02s	$460K	$549K	20x
Short	MEXC STRK_USDT	0.04340	0.0100	get 0.0050% / 4h	12m 02s	$12.2M	$2.0M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.024%Rate

Funding earned: $49.45
Price spread: −0.024% → −0.191%: $16.73
Slippage, 4 orders: −$68.44
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$16.26
Costs to cover: 0.824%
Break-even: 9.3 days

Slippage from Kraken Futures: live order book, 46 min ago; MEXC: live order book, 1 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, 46 min ago	20.80 bp	29.9 bp −$30	2647.5 bp −$26.5K	doesn't fit	doesn't fit
Sell MEXC live order book, 1 min ago	1.15 bp	9.1 bp −$9	23.3 bp −$233	88.6 bp −$8,865	197.9 bp −$98.9K

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	−0.0976%	1h	0.04310	−0.715%	$75K	$98K	25x	as long as short
Kraken Futures PF_STRKUSDlong	−0.0135%	1h	0.04341	long leg	$460K	$549K	20x
dYdX STRK-USD	0.0000%	1h	0.04344	+0.073%	$20K	$24K	5x	as long as short
Injective STRK/USDC PERP	+0.0033%	1h	0.05070	+16.792%	$3K	$38K	5.5x	as long as short
Paradex STRK-USD-PERP	+0.0100%	8h	0.04340	−0.035%	$8K	$144	20x	as long as short
Hyperliquid STRK	+0.0100%	1h	0.04344	+0.068%	$14.6M	$6.3M	5x	as long as short
Aster STRKUSDT	+0.0100%	4h	0.04339	−0.036%	$33K	$229K	10x	as long as short
Pacifica STRK	+0.0100%	1h	0.04344	+0.077%	$43K	$69K	5x	as long as short
Binance STRKUSDT	+0.0100%	4h	0.04340	−0.024%	$12.5M	$44.6M	75x	as long as short
Bybit STRKUSDT	+0.0100%	4h	0.04333	−0.185%	$15.2M	$20.1M	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	0.04336	−0.116%	$4.7M	$20.0M	50x	as long as short
Gate STRK_USDT	+0.0100%	4h	0.04335	−0.139%	$569K	$1.4M	50x	as long as short
MEXC STRK_USDTshort	+0.0100%	4h	0.04340	−0.024%	$12.2M	$2.0M	100x
KuCoin STRKUSDTM	+0.0100%	4h	0.04340	−0.024%	$1.5M	$1.8M	50x	as long as short
Bitget STRKUSDT	+0.0100%	4h	0.04339	−0.056%	$3.1M	$3.7M	75x	as long as short
BingX STRK-USDC	+0.0100%	4h	0.04336	−0.116%	—	$727K	—	as long as short
Backpack STRK_USDC_PERP	+0.0100%	1h	0.04339	−0.047%	$30K	$143K	10x	as long as short
Variational Omni STRK	+0.0100%	4h	0.04343	+0.039%	$431K	$2.0M	—	as long as short
GRVT STRK_USDT_Perp	+0.0100%	4h	0.04340	−0.018%	$187K	$3.5M	10x	as long as short
SunX STRK-USDT	+0.0100%	4h	0.04443	+2.349%	$1K	$842K	20x	as long as short
Extended STRK-USD	+0.0104%	1h	0.04338	−0.078%	$121K	$659K	10x	as long as short
Lighter STRK	+0.0112%	1h	0.04348	+0.160%	$265K	$501K	5x	as long as short
BloFin STRK-USDT	+0.0340%	4h	0.04341	−0.001%	$772K	$794K	75x	as long as short
Deribit STRK_USDC-PERPETUAL	+0.0441%	1h	0.04343	+0.045%	$8K	$44K	25x	as long as short