Funding you earn now, next payment 07:00 UTC−0.0149%/8h= −16.4% APRpaid last 24h +0.030%
Price spread now: Kraken Futures against OKX+0.101%55s7-day average +0.180% · you sell dearer than you buy
Net, funding: paid 7d − costs+$34as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1121.118% of the position
Funding, last 7 days+1.462%+$146 on $10k
+Price spread, last 4 days (all we have)+0.983%+$98 · spread now +0.101%, 7d avg +0.180%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Kraken Futures is 0.079% cheaper against OKX than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.180%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +1.462%, so the current rate has only just turned against you. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX STRK-USDT-SWAP | 0.04324 | 0.0100 | pay 0.0050% / 4h | 1h 15m | $4.7M | $19.1M | 50x |
| Short | Kraken Futures PF_STRKUSD | 0.04328 | −0.0049 | pay 0.0006% / 1h | 15m 22s | $449K | $601K | 20x |
OKX STRK-USDT-SWAP
Kraken Futures PF_STRKUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against OKX. 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
- −$31.38
- Price spread: +0.101% → +0.180%
- −$7.92
- Slippage, 4 orders
- −$91.84
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$151.13
- Costs to cover
- 1.118%
- Break-even
- never at this rate
Slippage from OKX: live order book, 3 min ago; Kraken Futures: live order book, 28 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 OKX live order book, 3 min ago | 1.16 bp | 14.4 bp −$14 | 36.1 bp −$361 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 28 min ago | 16.12 bp | 25.8 bp −$26 | 404.0 bp −$4,040 | 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 | −0.0992% | 1h | 0.04294 | −0.694% | $70K | $89K | 25x | as long as short |
| Kraken Futures PF_STRKUSDshort | −0.0049% | 1h | 0.04328 | +0.101% | $449K | $601K | 20x | |
| dYdX STRK-USD | 0.0000% | 1h | 0.04327 | +0.064% | $20K | $24K | 5x | as long as short |
| Injective STRK/USDC PERP | +0.0033% | 1h | 0.05070 | +17.253% | $3K | $38K | 5.5x | as long as short |
| Lighter STRK | +0.0096% | 1h | 0.04333 | +0.208% | $257K | $444K | 5x | as long as short |
| Paradex STRK-USD-PERP | +0.0100% | 8h | 0.04323 | −0.016% | $8K | $144 | 20x | as long as short |
| Hyperliquid STRK | +0.0100% | 1h | 0.04329 | +0.116% | $14.3M | $6.1M | 5x | as long as short |
| Aster STRKUSDT | +0.0100% | 4h | 0.04327 | +0.065% | $33K | $229K | 10x | as long as short |
| Pacifica STRK | +0.0100% | 1h | 0.04328 | +0.090% | $43K | $65K | 5x | as long as short |
| Binance STRKUSDT | +0.0100% | 4h | 0.04325 | +0.012% | $12.3M | $44.3M | 75x | as long as short |
Coinbase International STRK-PERP-INTX
dYdX STRK-USD
Injective STRK/USDC PERP
Lighter STRK
Paradex STRK-USD-PERP
Hyperliquid STRK
Aster STRKUSDT
Pacifica STRK
Binance STRKUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit STRKUSDT | +0.0100% | 4h | 0.04323 | −0.023% | $15.1M | $20.2M | 50x | as long as short |
| OKX STRK-USDT-SWAPlong | +0.0100% | 4h | 0.04324 | long leg | $4.7M | $19.1M | 50x | |
| Gate STRK_USDT | +0.0100% | 4h | 0.04322 | −0.046% | $579K | $1.4M | 50x | as long as short |
| MEXC STRK_USDT | +0.0100% | 4h | 0.04325 | +0.023% | $11.6M | $2.1M | 100x | as long as short |
| KuCoin STRKUSDTM | +0.0100% | 4h | 0.04325 | +0.023% | $1.5M | $1.8M | 50x | as long as short |
| Bitget STRKUSDT | +0.0100% | 4h | 0.04327 | +0.065% | $3.0M | $3.8M | 75x | as long as short |
| BingX STRK-USDT | +0.0100% | 4h | 0.04325 | +0.023% | — | $10.1M | — | as long as short |
| Backpack STRK_USDC_PERP | +0.0100% | 1h | 0.04326 | +0.046% | $29K | $144K | 10x | as long as short |
| Variational Omni STRK | +0.0100% | 4h | 0.04323 | −0.029% | $426K | $1.9M | — | as long as short |
| GRVT STRK_USDT_Perp | +0.0100% | 4h | 0.04324 | 0.000% | $188K | $3.5M | 10x | as long as short |
| SunX STRK-USDT | +0.0100% | 4h | 0.04427 | +2.382% | $2K | $880K | 20x | as long as short |
| Extended STRK-USD | +0.0104% | 1h | 0.04323 | −0.018% | $120K | $436K | 10x | as long as short |
| BloFin STRK-USDT | +0.0340% | 4h | 0.04323 | −0.023% | $673K | $781K | 75x | as long as short |
| Deribit STRK_USDC-PERPETUAL | +0.0443% | 1h | 0.04330 | +0.139% | $8K | $43K | 25x | as long as short |
Bybit STRKUSDT
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
BloFin STRK-USDT
Deribit STRK_USDC-PERPETUAL