Funding you earn now, next payment 04:00 UTC−0.0235%/8h= −25.8% APRpaid last 24h +0.104%
Price spread now: Kraken Futures against MEXC+0.024%7-day average +0.191% · you sell dearer than you buy
Net, funding: paid 7d − costs+$60as in the Funding arb table
Net, price: spread back to 7d avg − costs−$99as in the Price arb table
costs, in and out, $10k−$820.824% of the position
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%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Kraken Futures is 0.167% cheaper against MEXC than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of +0.191%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +1.428%, 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 | MEXC STRK_USDT | 0.04340 | 0.0100 | pay 0.0050% / 4h | 12m 02s | $12.2M | $2.0M | 100x |
| Short | Kraken Futures PF_STRKUSD | 0.04341 | −0.0135 | pay 0.0017% / 1h | 12m 02s | $460K | $549K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against MEXC. 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
- −$49.45
- Price spread: +0.024% → +0.191%
- −$16.73
- Slippage, 4 orders
- −$68.44
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$148.63
- Costs to cover
- 0.824%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 1 min ago; Kraken Futures: live order book, 46 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, 1 min ago | 1.15 bp | 10.6 bp −$11 | 26.0 bp −$260 | 82.0 bp −$8,204 | 185.1 bp −$92.6K |
| Sell Kraken Futures live order book, 46 min ago | 20.80 bp | 32.8 bp −$33 | 386.7 bp −$3,867 | doesn't fit | doesn't fit |
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 | −0.691% | $75K | $98K | 25x | as long as short |
| Kraken Futures PF_STRKUSDshort | −0.0135% | 1h | 0.04341 | +0.024% | $460K | $549K | 20x | |
| dYdX STRK-USD | 0.0000% | 1h | 0.04344 | +0.097% | $20K | $24K | 5x | as long as short |
| Injective STRK/USDC PERP | +0.0033% | 1h | 0.05070 | +16.820% | $3K | $38K | 5.5x | as long as short |
| Paradex STRK-USD-PERP | +0.0100% | 8h | 0.04340 | −0.011% | $8K | $144 | 20x | as long as short |
| Hyperliquid STRK | +0.0100% | 1h | 0.04344 | +0.092% | $14.6M | $6.3M | 5x | as long as short |
| Aster STRKUSDT | +0.0100% | 4h | 0.04339 | −0.012% | $33K | $229K | 10x | as long as short |
| Pacifica STRK | +0.0100% | 1h | 0.04344 | +0.101% | $43K | $69K | 5x | as long as short |
| Binance STRKUSDT | +0.0100% | 4h | 0.04340 | 0.000% | $12.5M | $44.6M | 75x | as long as short |
| Bybit STRKUSDT | +0.0100% | 4h | 0.04333 | −0.161% | $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 | −0.092% | $4.7M | $20.0M | 50x | as long as short |
| Gate STRK_USDT | +0.0100% | 4h | 0.04335 | −0.115% | $569K | $1.4M | 50x | as long as short |
| MEXC STRK_USDTlong | +0.0100% | 4h | 0.04340 | long leg | $12.2M | $2.0M | 100x | |
| KuCoin STRKUSDTM | +0.0100% | 4h | 0.04340 | 0.000% | $1.5M | $1.8M | 50x | as long as short |
| Bitget STRKUSDT | +0.0100% | 4h | 0.04339 | −0.032% | $3.1M | $3.7M | 75x | as long as short |
| BingX STRK-USDC | +0.0100% | 4h | 0.04336 | −0.092% | — | $727K | — | as long as short |
| Backpack STRK_USDC_PERP | +0.0100% | 1h | 0.04339 | −0.023% | $30K | $143K | 10x | as long as short |
| Variational Omni STRK | +0.0100% | 4h | 0.04343 | +0.063% | $431K | $2.0M | — | as long as short |
| GRVT STRK_USDT_Perp | +0.0100% | 4h | 0.04340 | +0.005% | $187K | $3.5M | 10x | as long as short |
| SunX STRK-USDT | +0.0100% | 4h | 0.04443 | +2.373% | $1K | $842K | 20x | as long as short |
| Extended STRK-USD | +0.0104% | 1h | 0.04338 | −0.054% | $121K | $659K | 10x | as long as short |
| Lighter STRK | +0.0112% | 1h | 0.04348 | +0.184% | $265K | $501K | 5x | as long as short |
| BloFin STRK-USDT | +0.0340% | 4h | 0.04341 | +0.023% | $772K | $794K | 75x | as long as short |
| Deribit STRK_USDC-PERPETUAL | +0.0441% | 1h | 0.04343 | +0.069% | $8K | $44K | 25x | as long as short |
MEXC STRK_USDT
Kraken Futures PF_STRKUSD
Coinbase International STRK-PERP-INTX
Injective STRK/USDC PERP
Paradex STRK-USD-PERP
Hyperliquid STRK
Aster STRKUSDT
Pacifica STRK
Binance STRKUSDT
Bybit STRKUSDT
OKX STRK-USDT-SWAP
Gate STRK_USDT
KuCoin STRKUSDTM
Bitget STRKUSDT
BingX STRK-USDC
Backpack STRK_USDC_PERP
Variational Omni STRK
GRVT STRK_USDT_Perp
SunX STRK-USDT
Extended STRK-USD
Lighter STRK
BloFin STRK-USDT
Deribit STRK_USDC-PERPETUAL