Settings8H · net · $10k
Funding arb · Price arb /

STRK

all STRK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.011%
Price spread now: Backpack against MEXC−0.023%7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs+$13as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$560.561% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.690%+$69 on $10k
Price spread, last 4 days (all we have)+0.150%+$15 · spread now −0.023%, 7d avg −0.007%
Together, before fees+0.841%+$84 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC STRK_USDT0.043280.0100pay 0.0050% / 4h3h 28m$12.1M$2.0M100x
ShortBackpack STRK_USDC_PERP0.043270.0100get 0.0013% / 1h28m 50s$30K$144K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Backpack against MEXC. 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

Funding earned
$0
Price spread: −0.023% → −0.007%
−$1.63
Slippage, 4 orders
−$42.08
Fee MEXC: 2 bp × 2 orders
−$4
Fee Backpack: 5 bp × 2 orders
−$10
Net
−$57.72
Costs to cover
0.561%
Break-even
never at this rate
Slippage from MEXC: live order book, 4 min ago; Backpack: live order book, 24 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 4 min ago1.16 bp7.2 bp −$720.6 bp −$20688.8 bp −$8,877191.7 bp −$95.9K
Sell Backpack live order book, 24 min ago2.31 bp20.3 bp −$20doesn't fitdoesn't fitdoesn't fit

STRK on 24 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International STRK-PERP-INTX−0.1032%1h0.04289−0.901%$75K$98K25xas long as short
dYdX STRK-USD0.0000%1h0.04324−0.089%$20K$24K5xas long as short
Injective STRK/USDC PERP+0.0033%1h0.05070+17.144%$3K$38K5.5xas long as short
Kraken Futures PF_STRKUSD+0.0059%1h0.04329+0.025%$456K$569K20xas long as short
Lighter STRK+0.0096%1h0.04335+0.162%$264K$464K5xas long as short
Paradex STRK-USD-PERP+0.0100%8h0.04314−0.320%$8K$14420xas long as short
Hyperliquid STRK+0.0100%1h0.04334+0.139%$14.5M$6.3M5xas long as short
Aster STRKUSDT+0.0100%4h0.04327−0.015%$33K$229K10xas long as short
Pacifica STRK+0.0100%1h0.04324−0.088%$43K$69K5xas long as short
Binance STRKUSDT+0.0100%4h0.04328+0.004%$12.4M$44.7M75xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit STRKUSDT+0.0100%4h0.04325−0.069%$15.2M$20.1M50xas long as short
OKX STRK-USDT-SWAP+0.0100%4h0.043280.000%$4.7M$19.7M50xas long as short
Gate STRK_USDT+0.0100%4h0.04326−0.046%$571K$1.4M50xas long as short
MEXC STRK_USDTlong+0.0100%4h0.04328long leg$12.1M$2.0M100x
KuCoin STRKUSDTM+0.0100%4h0.04326−0.046%$1.5M$1.8M50xas long as short
Bitget STRKUSDT+0.0100%4h0.04332+0.097%$3.1M$3.8M75xas long as short
BingX STRK-USDC+0.0100%4h0.04329+0.023%$728Kas long as short
Backpack STRK_USDC_PERPshort+0.0100%1h0.04327−0.023%$30K$144K10x
Variational Omni STRK+0.0100%4h0.04325−0.075%$429K$1.9Mas long as short
GRVT STRK_USDT_Perp+0.0100%4h0.04326−0.042%$191K$3.5M10xas long as short
SunX STRK-USDT+0.0100%4h0.04424+2.218%$2K$848K20xas long as short
Extended STRK-USD+0.0104%1h0.04326−0.041%$119K$658K10xas long as short
BloFin STRK-USDT+0.0340%4h0.04324−0.092%$734K$774K75xas long as short
Deribit STRK_USDC-PERPETUAL+0.0443%1h0.04331+0.069%$8K$44K25xas long as short