Funding arb · Price arb /

STRK

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Variational Omni against OKX+0.019%7-day average −0.027% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on OKX Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)0.000%$0 on $10k

Price spread, last 7 days−0.049%−$5 · spread now +0.019%, 7d avg −0.027%

Together, before fees−0.049%+ Points / potential airdropVariational Omni: Active · farm board−$5 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.046% dearer against OKX than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.027%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX STRK-USDT-SWAP	0.04340	0.0100	pay 0.0050% / 4h	3h 33m	$4.8M	$22.7M	50x
Short	Variational Omni STRK	0.04341	0.0100	get 0.0050% / 4h	3h 33m	$351K	$2.0M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against OKX. 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 OKXbpFee Variational OmnibpOrdersPrice spread, now +0.019%Rate

Funding earned: $0
Price spread: +0.019% → −0.027%: $4.63
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$5.37
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: OKX: live order book, 5 min ago; Variational Omni: RFQ quote, 1 min ago. Net counts fees only.

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, 5 min ago	1.15 bp	13.3 bp −$13	169.1 bp −$1,691	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 1 min ago	4.61 bp	doesn't fit	43.8 bp −$438	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	−0.0576%	1h	0.04335	−0.115%	$61K	$94K	25x	as long as short
Kraken Futures PF_STRKUSD	−0.0402%	1h	0.04343	+0.070%	$462K	$522K	20x	as long as short
dYdX STRK-USD	0.0000%	1h	0.04342	+0.043%	$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	0.04343	+0.070%	$8K	$144	20x	as long as short
Hyperliquid STRK	+0.0100%	1h	0.04345	+0.115%	$14.7M	$7.3M	5x	as long as short
Aster STRKUSDT	+0.0100%	4h	0.04345	+0.112%	$33K	$346K	10x	as long as short
Pacifica STRK	+0.0100%	1h	0.04346	+0.129%	$43K	$69K	5x	as long as short
Binance STRKUSDT	+0.0100%	4h	0.04340	+0.011%	$12.4M	$48.9M	75x	as long as short
Bybit STRKUSDT	+0.0100%	4h	0.04336	−0.092%	$15.2M	$21.5M	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-SWAPlong	+0.0100%	4h	0.04340	long leg	$4.8M	$22.7M	50x
Gate STRK_USDT	+0.0100%	4h	0.04337	−0.069%	$578K	$1.4M	50x	as long as short
MEXC STRK_USDT	+0.0100%	4h	0.04341	+0.023%	$12.3M	$2.2M	100x	as long as short
KuCoin STRKUSDTM	+0.0100%	4h	0.04345	+0.115%	$1.5M	$1.9M	50x	as long as short
Bitget STRKUSDT	+0.0100%	4h	0.04343	+0.071%	$3.0M	$4.0M	75x	as long as short
BingX STRK-USDT	+0.0100%	4h	0.04339	−0.023%	—	$26.3M	—	as long as short
Backpack STRK_USDC_PERP	+0.0100%	1h	0.04342	+0.046%	$24K	$147K	10x	as long as short
Variational Omni STRKshort	+0.0100%	4h	0.04341	+0.019%	$351K	$2.0M	—
GRVT STRK_USDT_Perp	+0.0100%	4h	0.04342	+0.053%	$186K	$3.5M	10x	as long as short
SunX STRK-USDT	+0.0100%	4h	0.04440	+2.304%	$2K	$839K	20x	as long as short
Extended STRK-USD	+0.0104%	1h	0.04339	−0.032%	$123K	$729K	10x	as long as short
BloFin STRK-USDT	+0.0159%	4h	0.04340	0.000%	$745K	$716K	75x	as long as short
Lighter STRK	+0.0240%	1h	0.04354	+0.323%	$265K	$506K	5x	as long as short
Deribit STRK_USDC-PERPETUAL	+0.0441%	1h	0.04346	+0.138%	$8K	$44K	25x	as long as short