Funding arb · Price arb /

STRK

all STRK markets

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: Bybit against Variational Omni+0.375%7-day average −0.045% · you sell dearer than you buy

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

Long on Variational Omni Short on Bybit

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−0.362%−$36 · spread now +0.375%, 7d avg −0.045%

Together, before fees−0.362%+ Points / potential airdropVariational Omni: Active · farm board−$36 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: Bybit is 0.419% dearer against Variational Omni than usual: you sell high and buy low, +$42 on $10k if it goes back to its 7-day average of −0.045%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni STRK	0.04329	0.0100	pay 0.0050% / 4h	2h 24m	$332K	$2.0M	—
Short	Bybit STRKUSDT	0.04345	0.0100	get 0.0050% / 4h	2h 24m	$15.1M	$21.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 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 Variational OmnibpFee BybitbpOrdersPrice spread, now +0.375%Rate

Funding earned: $0
Price spread: +0.375% → −0.045%: $41.93
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: $30.93
Costs to cover: 0.110%
Break-even: from the start

Slippage unknown: Variational Omni: RFQ quote, 5 min ago; Bybit: live order book, 4 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, 5 min ago	4.63 bp	doesn't fit	71.8 bp −$718	doesn't fit	doesn't fit
Sell Bybit live order book, 4 min ago	1.15 bp	14.7 bp −$15	64.8 bp −$648	doesn't fit	doesn't fit

STRK on 23 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	−0.0560%	1h	0.04277	−1.196%	$60K	$86K	25x	as long as short
Kraken Futures PF_STRKUSD	−0.0304%	1h	0.04350	+0.482%	$457K	$538K	20x	as long as short
dYdX STRK-USD	0.0000%	1h	0.04349	+0.470%	$20K	$24K	5x	as long as short
Injective STRK/USDC PERP	+0.0033%	1h	0.05070	+17.123%	$3K	$38K	5.5x	as long as short
Paradex STRK-USD-PERP	+0.0100%	8h	0.04348	+0.449%	$8K	$144	20x	as long as short
Hyperliquid STRK	+0.0100%	1h	0.04347	+0.421%	$14.7M	$7.1M	5x	as long as short
Aster STRKUSDT	+0.0100%	4h	0.04347	+0.416%	$33K	$328K	10x	as long as short
Pacifica STRK	+0.0100%	1h	0.04352	+0.532%	$43K	$69K	5x	as long as short
Binance STRKUSDT	+0.0100%	4h	0.04349	+0.467%	$12.4M	$47.4M	75x	as long as short
Bybit STRKUSDTshort	+0.0100%	4h	0.04345	+0.375%	$15.1M	$21.0M	50x

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX STRK-USDT-SWAP	+0.0100%	4h	0.04352	+0.536%	$4.7M	$21.8M	50x	as long as short
Gate STRK_USDT	+0.0100%	4h	0.04346	+0.398%	$591K	$1.3M	50x	as long as short
MEXC STRK_USDT	+0.0100%	4h	0.04351	+0.513%	$12.3M	$2.2M	100x	as long as short
KuCoin STRKUSDTM	+0.0100%	4h	0.04351	+0.513%	$1.5M	$1.8M	50x	as long as short
Bitget STRKUSDT	+0.0100%	4h	0.04354	+0.576%	$3.1M	$3.8M	75x	as long as short
BingX STRK-USDC	+0.0100%	4h	0.04345	+0.375%	—	$731K	—	as long as short
Backpack STRK_USDC_PERP	+0.0100%	1h	0.04344	+0.351%	$24K	$146K	10x	as long as short
Variational Omni STRKlong	+0.0100%	4h	0.04329	long leg	$332K	$2.0M	—
GRVT STRK_USDT_Perp	+0.0100%	4h	0.04326	−0.064%	$187K	$3.6M	10x	as long as short
SunX STRK-USDT	+0.0100%	4h	0.04454	+2.893%	$2K	$840K	20x	as long as short
Extended STRK-USD	+0.0104%	1h	0.04348	+0.452%	$121K	$661K	10x	as long as short
Lighter STRK	+0.0232%	1h	0.04358	+0.675%	$266K	$506K	5x	as long as short
Deribit STRK_USDC-PERPETUAL	+0.0899%	1h	0.04354	+0.582%	$8K	$44K	25x	as long as short