STRK

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0555%/8h= −60.8% APRnext payment −$2.78 per $10,000 · paid last 24h 0.000%

Price spread now: Bybit against MEXC−0.188%7-day average −0.055% · you buy dearer than you sell

Net, funding: paid 7d − costs−$46as in the Funding arb table

Net, price: spread back to 7d avg − costs−$60as in the Price arb table

costs, in and out, $10k−$470.465% of the position

Long on MEXC Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.003%$0 on $10k

Price spread, last 7 days+0.194%+$19 · spread now −0.188%, 7d avg −0.055%

Together, before fees+0.197%+$20 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and Bybit is 0.133% cheaper against MEXC than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of −0.055%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.003% in total (about 0.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.78 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC STRK_USDT	0.04257	0.0100	pay 0.0050% / 4h	1h 53m	$11.1M	$1.9M	100x
Short	Bybit STRKUSDT	0.04249	−0.0455	pay 0.0227% / 4h	1h 53m	$14.6M	$19.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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

Position, each leg$Hold fordaysFee MEXCbpFee BybitbpOrdersPrice spread, now −0.188%Rate

Funding earned: −$116.55
Price spread: −0.188% → −0.055%: −$13.34
Slippage, 4 orders: −$31.52
Fee MEXC: 2 bp × 2 orders: −$4
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$176.41
Costs to cover: 0.465%
Break-even: never at this rate

Slippage from MEXC: live order book, 3 min ago; Bybit: live order book, 3 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 MEXC live order book, 3 min ago	1.17 bp	9.9 bp −$10	21.7 bp −$217	86.6 bp −$8,658	204.2 bp −$102.1K
Sell Bybit live order book, 3 min ago	1.18 bp	17.4 bp −$17	54.5 bp −$545	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	−1.010%	$67K	$71K	25x	as long as short
Kraken Futures PF_STRKUSD	−0.0675%	1h	0.04257	−0.006%	$454K	$457K	20x	as long as short
Bybit STRKUSDTshort	−0.0455%	4h	0.04249	−0.188%	$14.6M	$19.1M	50x
Injective STRK/USDC PERP	+0.0033%	1h	0.05070	+19.098%	$3K	$38K	5.5x	as long as short
Variational Omni STRK	+0.0052%	4h	0.04251	−0.143%	$413K	$1.9M	—	as long as short
Lighter STRK	+0.0096%	1h	0.04260	+0.070%	$253K	$424K	5x	as long as short
Paradex STRK-USD-PERP	+0.0100%	8h	0.04255	−0.046%	$8K	$913	20x	as long as short
Hyperliquid STRK	+0.0100%	1h	0.04258	+0.023%	$13.9M	$5.5M	5x	as long as short
Aster STRKUSDT	+0.0100%	4h	0.04257	+0.007%	$32K	$183K	10x	as long as short
Pacifica STRK	+0.0100%	1h	0.04256	−0.016%	$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	0.04255	−0.047%	$12.1M	$40.9M	75x	as long as short
OKX STRK-USDT-SWAP	+0.0100%	4h	0.04252	−0.117%	$4.6M	$17.1M	50x	as long as short
Gate STRK_USDT	+0.0100%	4h	0.04254	−0.070%	$550K	$1.3M	50x	as long as short
MEXC STRK_USDTlong	+0.0100%	4h	0.04257	long leg	$11.1M	$1.9M	100x
KuCoin STRKUSDTM	+0.0100%	4h	0.04257	0.000%	$1.5M	$1.7M	50x	as long as short
Bitget STRKUSDT	+0.0100%	4h	0.04255	−0.056%	$3.0M	$3.5M	75x	as long as short
BingX STRK-USDC	+0.0100%	4h	0.04254	−0.070%	—	$731K	—	as long as short
Backpack STRK_USDC_PERP	+0.0100%	1h	0.04253	−0.094%	$27K	$139K	10x	as long as short
GRVT STRK_USDT_Perp	+0.0100%	4h	0.04257	0.000%	$185K	$3.5M	10x	as long as short
SunX STRK-USDT	+0.0100%	4h	0.04353	+2.255%	$2K	$884K	20x	as long as short
Extended STRK-USD	+0.0104%	1h	0.04256	−0.019%	$118K	$873K	10x	as long as short
Deribit STRK_USDC-PERPETUAL	+0.0220%	1h	0.04257	0.000%	$3K	$43K	25x	as long as short
dYdX STRK-USD	+0.0259%	1h	0.04257	0.000%	$20K	$24K	5x	as long as short
BloFin STRK-USDT	+0.0340%	4h	0.04256	−0.023%	$624K	$716K	75x	as long as short