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 SunX−2.223%7-day average −2.580% · you buy dearer than you sell

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

Long on SunX 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 4 days (all we have)−4.830%−$483 · spread now −2.223%, 7d avg −2.580%

Together, before fees−4.830%+ Points / potential airdropVariational Omni: Active · farm board−$483 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 0.356% dearer against SunX than usual: you sell high and buy low, +$36 on $10k if it goes back to its 7-day average of −2.580%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX STRK-USDT	0.04423	0.0100	pay 0.0050% / 4h	1h 32m	$1K	$834K	20x
Short	Variational Omni STRK	0.04325	0.0100	get 0.0050% / 4h	1h 32m	$389K	$2.1M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against SunX. 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 SunXbpFee Variational OmnibpOrdersPrice spread, now −2.223%Rate

Funding earned: $0
Price spread: −2.223% → −2.580%: $35.64
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $27.64
Costs to cover: 0.080%
Break-even: from the start

Slippage unknown: SunX: live order book, 69 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 SunX live order book, 69 min ago	253.55 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 1 min ago	5.79 bp	doesn't fit	45.1 bp −$451	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	−0.0952%	1h	0.04280	−3.233%	$60K	$86K	25x	as long as short
Kraken Futures PF_STRKUSD	−0.0369%	1h	0.04323	−2.251%	$454K	$529K	20x	as long as short
dYdX STRK-USD	0.0000%	1h	0.04323	−2.257%	$20K	$24K	5x	as long as short
Injective STRK/USDC PERP	+0.0033%	1h	0.05070	+14.628%	$3K	$38K	5.5x	as long as short
Lighter STRK	+0.0096%	1h	0.04330	−2.103%	$264K	$503K	5x	as long as short
Paradex STRK-USD-PERP	+0.0100%	8h	0.04318	−2.369%	$8K	$144	20x	as long as short
Hyperliquid STRK	+0.0100%	1h	0.04323	−2.261%	$14.6M	$6.9M	5x	as long as short
Aster STRKUSDT	+0.0100%	4h	0.04322	−2.281%	$33K	$328K	10x	as long as short
Pacifica STRK	+0.0100%	1h	0.04322	−2.272%	$43K	$69K	5x	as long as short
Binance STRKUSDT	+0.0100%	4h	0.04318	−2.366%	$12.3M	$46.1M	75x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit STRKUSDT	+0.0100%	4h	0.04316	−2.419%	$15.1M	$20.8M	50x	as long as short
OKX STRK-USDT-SWAP	+0.0100%	4h	0.04319	−2.351%	$4.7M	$20.8M	50x	as long as short
Gate STRK_USDT	+0.0100%	4h	0.04316	−2.419%	$580K	$1.3M	50x	as long as short
MEXC STRK_USDT	+0.0100%	4h	0.04318	−2.374%	$12.1M	$2.0M	100x	as long as short
KuCoin STRKUSDTM	+0.0100%	4h	0.04321	−2.306%	$1.5M	$1.8M	50x	as long as short
Bitget STRKUSDT	+0.0100%	4h	0.04322	−2.295%	$3.0M	$3.8M	75x	as long as short
BingX STRK-USDC	+0.0100%	4h	0.04317	−2.397%	—	$726K	—	as long as short
Backpack STRK_USDC_PERP	+0.0100%	1h	0.04323	−2.261%	$24K	$137K	10x	as long as short
Variational Omni STRKshort	+0.0100%	4h	0.04325	−2.223%	$389K	$2.1M	—
GRVT STRK_USDT_Perp	+0.0100%	4h	0.04328	−2.156%	$189K	$3.5M	10x	as long as short
SunX STRK-USDTlong	+0.0100%	4h	0.04423	long leg	$1K	$834K	20x
Extended STRK-USD	+0.0104%	1h	0.04316	−2.413%	$121K	$665K	10x	as long as short
BloFin STRK-USDT	+0.0340%	4h	0.04320	−2.329%	$751K	$833K	75x	as long as short
Deribit STRK_USDC-PERPETUAL	+0.0444%	1h	0.04327	−2.170%	$8K	$44K	25x	as long as short