Funding you earn now, next payment 04:00 UTC+0.0035%/8h= +3.8% APRpaid last 24h +0.018%
Price spread now: Backpack against Variational Omni−0.040%7-day average −0.021% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.238%+$24 on $10k
+Price spread, last 4 days (all we have)−3.579%−$358 · spread now −0.040%, 7d avg −0.021%
=Together, before fees−3.341%+ Points / potential airdropVariational Omni: Active · farm board−$334 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.021%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni STRK | 0.04333 | 0.0100 | pay 0.0050% / 4h | 49m 42s | $429K | $2.0M | — |
| Short | Backpack STRK_USDC_PERP | 0.04331 | 0.0135 | get 0.0017% / 1h | 49m 42s | $30K | $144K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Backpack against Variational Omni. 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
- $7.26
- Price spread: −0.040% → −0.021%
- −$1.95
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$4.69
- Costs to cover
- 0.100%
- Break-even
- 11.5 days
Slippage unknown: Variational Omni: RFQ quote, 4 min ago; Backpack: live order book, 8 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 Variational Omni RFQ quote, 4 min ago | 4.60 bp | doesn't fit | 55.1 bp −$551 | doesn't fit | doesn't fit |
| Sell Backpack live order book, 8 min ago | 2.31 bp | 21.8 bp −$22 | doesn't fit | 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 | 0.04290 | −0.986% | $75K | $98K | 25x | as long as short |
| Kraken Futures PF_STRKUSD | −0.0136% | 1h | 0.04335 | +0.044% | $452K | $524K | 20x | as long as short |
| dYdX STRK-USD | 0.0000% | 1h | 0.04333 | +0.011% | $20K | $24K | 5x | as long as short |
| Deribit STRK_USDC-PERPETUAL | 0.0000% | 1h | 0.04337 | +0.098% | $8K | $43K | 25x | as long as short |
| Injective STRK/USDC PERP | +0.0033% | 1h | 0.05070 | +17.016% | $3K | $38K | 5.5x | as long as short |
| Paradex STRK-USD-PERP | +0.0100% | 8h | 0.04327 | −0.134% | $8K | $144 | 20x | as long as short |
| Hyperliquid STRK | +0.0100% | 1h | 0.04335 | +0.052% | $14.6M | $6.7M | 5x | as long as short |
| Aster STRKUSDT | +0.0100% | 4h | 0.04336 | +0.076% | $33K | $269K | 10x | as long as short |
| Pacifica STRK | +0.0100% | 1h | 0.04331 | −0.029% | $43K | $69K | 5x | as long as short |
| Binance STRKUSDT | +0.0100% | 4h | 0.04327 | −0.124% | $12.4M | $45.5M | 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 | 0.04325 | −0.179% | $15.2M | $20.4M | 50x | as long as short |
| OKX STRK-USDT-SWAP | +0.0100% | 4h | 0.04327 | −0.133% | $4.7M | $20.5M | 50x | as long as short |
| Gate STRK_USDT | +0.0100% | 4h | 0.04326 | −0.156% | $567K | $1.3M | 50x | as long as short |
| MEXC STRK_USDT | +0.0100% | 4h | 0.04329 | −0.086% | $12.1M | $2.0M | 100x | as long as short |
| KuCoin STRKUSDTM | +0.0100% | 4h | 0.04333 | +0.006% | $1.5M | $1.8M | 50x | as long as short |
| Bitget STRKUSDT | +0.0100% | 4h | 0.04326 | −0.151% | $3.1M | $3.8M | 75x | as long as short |
| BingX STRK-USDC | +0.0100% | 4h | 0.04329 | −0.086% | — | $731K | — | as long as short |
| Variational Omni STRKlong | +0.0100% | 4h | 0.04333 | long leg | $429K | $2.0M | — | |
| GRVT STRK_USDT_Perp | +0.0100% | 4h | 0.04345 | +0.294% | $189K | $3.6M | 10x | as long as short |
| SunX STRK-USDT | +0.0100% | 4h | 0.04436 | +2.383% | $1K | $839K | 20x | as long as short |
| Extended STRK-USD | +0.0104% | 1h | 0.04329 | −0.078% | $120K | $663K | 10x | as long as short |
| Backpack STRK_USDC_PERPshort | +0.0135% | 1h | 0.04331 | −0.040% | $30K | $144K | 10x | |
| Lighter STRK | +0.0144% | 1h | 0.04340 | +0.168% | $265K | $501K | 5x | as long as short |
| BloFin STRK-USDT | +0.0340% | 4h | 0.04336 | +0.075% | $761K | $833K | 75x | as long as short |
Variational Omni STRK
Backpack STRK_USDC_PERP
Coinbase International STRK-PERP-INTX
Kraken Futures PF_STRKUSD
Deribit STRK_USDC-PERPETUAL
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
MEXC STRK_USDT
KuCoin STRKUSDTM
Bitget STRKUSDT
BingX STRK-USDC
GRVT STRK_USDT_Perp
SunX STRK-USDT
Extended STRK-USD
Lighter STRK
BloFin STRK-USDT