Funding you earn now, next payment 02:00 UTC−0.0536%/8h= −58.7% APRnext payment −$0.67 per $10,000 · paid last 24h +0.054%
Price spread now: Kraken Futures against Lighter−0.209%7-day average +0.077% · you buy dearer than you sell
Net, funding: paid 7d − costs−$18as in the Funding arb table
Net, price: spread back to 7d avg − costs−$148as in the Price arb table
costs, in and out, $10k−$1191.191% of the position
Funding, last 7 days+1.013%+$101 on $10k
+Price spread, last 3 days (all we have)+1.306%+$131 · spread now −0.209%, 7d avg +0.077%
=Together, before fees+2.319%+ Points / potential airdropLighter: Season 3 · farm board+$232 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and Kraken Futures is 0.286% cheaper against Lighter than usual: you would sell low and buy high (−$29 if the spread goes back to its 7-day average of +0.077%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +1.013%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter STRK | 0.04351 | 0.0232 | pay 0.0029% / 1h | 16m 36s | $265K | $506K | 5x |
| Short | Kraken Futures PF_STRKUSD | 0.04342 | −0.0304 | pay 0.0038% / 1h | 16m 36s | $456K | $534K | 20x |
Lighter STRK
Kraken Futures PF_STRKUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Lighter. 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
- −$112.63
- Price spread: −0.209% → +0.077%
- −$28.6
- Slippage, 4 orders
- −$109.08
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$260.31
- Costs to cover
- 1.191%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 44 min ago; Kraken Futures: live order book, 51 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 Lighter live order book, 44 min ago | 18.48 bp | 36.3 bp −$36 | 73.3 bp −$733 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 51 min ago | 8.02 bp | 32.7 bp −$33 | 373.2 bp −$3,732 | doesn't fit | doesn't fit |
STRK on 23 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 | −0.0560% | 1h | 0.04277 | −1.701% | $60K | $86K | 25x | as long as short |
| Kraken Futures PF_STRKUSDshort | −0.0304% | 1h | 0.04342 | −0.209% | $456K | $534K | 20x | |
| dYdX STRK-USD | 0.0000% | 1h | 0.04341 | −0.225% | $20K | $24K | 5x | as long as short |
| Injective STRK/USDC PERP | +0.0033% | 1h | 0.05070 | +16.525% | $3K | $38K | 5.5x | as long as short |
| Paradex STRK-USD-PERP | +0.0100% | 8h | 0.04338 | −0.305% | $8K | $144 | 20x | as long as short |
| Hyperliquid STRK | +0.0100% | 1h | 0.04345 | −0.138% | $14.7M | $7.1M | 5x | as long as short |
| Aster STRKUSDT | +0.0100% | 4h | 0.04342 | −0.204% | $33K | $328K | 10x | as long as short |
| Pacifica STRK | +0.0100% | 1h | 0.04343 | −0.191% | $43K | $69K | 5x | as long as short |
| Binance STRKUSDT | +0.0100% | 4h | 0.04340 | −0.241% | $12.4M | $47.1M | 75x | as long as short |
| Bybit STRKUSDT | +0.0100% | 4h | 0.04336 | −0.345% | $15.0M | $20.9M | 50x | as long as short |
Coinbase International STRK-PERP-INTX
dYdX STRK-USD
Injective STRK/USDC PERP
Paradex STRK-USD-PERP
Hyperliquid STRK
Aster STRKUSDT
Pacifica STRK
Binance STRKUSDT
Bybit STRKUSDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX STRK-USDT-SWAP | +0.0100% | 4h | 0.04341 | −0.230% | $4.7M | $21.6M | 50x | as long as short |
| Gate STRK_USDT | +0.0100% | 4h | 0.04338 | −0.299% | $590K | $1.3M | 50x | as long as short |
| MEXC STRK_USDT | +0.0100% | 4h | 0.04340 | −0.253% | $12.3M | $2.2M | 100x | as long as short |
| KuCoin STRKUSDTM | +0.0100% | 4h | 0.04343 | −0.184% | $1.5M | $1.8M | 50x | as long as short |
| Bitget STRKUSDT | +0.0100% | 4h | 0.04342 | −0.218% | $3.1M | $3.8M | 75x | as long as short |
| BingX STRK-USDT | +0.0100% | 4h | 0.04339 | −0.276% | — | $26.3M | — | as long as short |
| Backpack STRK_USDC_PERP | +0.0100% | 1h | 0.04340 | −0.253% | $24K | $146K | 10x | as long as short |
| Variational Omni STRK | +0.0100% | 4h | 0.04334 | −0.398% | $333K | $2.0M | — | as long as short |
| GRVT STRK_USDT_Perp | +0.0100% | 4h | 0.04343 | −0.184% | $191K | $3.6M | 10x | as long as short |
| SunX STRK-USDT | +0.0100% | 4h | 0.04443 | +2.114% | $2K | $839K | 20x | as long as short |
| Extended STRK-USD | +0.0104% | 1h | 0.04338 | −0.290% | $121K | $661K | 10x | as long as short |
| Lighter STRKlong | +0.0232% | 1h | 0.04351 | long leg | $265K | $506K | 5x | |
| Deribit STRK_USDC-PERPETUAL | +0.0441% | 1h | 0.04345 | −0.138% | $8K | $44K | 25x | as long as short |
OKX STRK-USDT-SWAP
Gate STRK_USDT
MEXC STRK_USDT
KuCoin STRKUSDTM
Bitget STRKUSDT
BingX STRK-USDT
Backpack STRK_USDC_PERP
Variational Omni STRK
GRVT STRK_USDT_Perp
SunX STRK-USDT
Extended STRK-USD
Deribit STRK_USDC-PERPETUAL