Funding arb · Price arb /

STRK

all STRK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Bybit against Aster−0.242%7-day average −0.048% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$127as in the Price arb table

costs, in and out, $10k−$1081.080% of the position

Long on Aster Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)+0.024%+$2 on $10k

Price spread, last 4 days (all we have)+0.124%+$12 · spread now −0.242%, 7d avg −0.048%

Together, before fees+0.147%+ Points / potential airdropAster: Stage 5 · farm board+$15 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 0.193% cheaper against Aster than usual: you would sell low and buy high, −$19 on $10k if it goes back to its 7-day average of −0.048%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster STRKUSDT	0.04335	0.0100	pay 0.0050% / 4h	3h 59m	$33K	$229K	10x
Short	Bybit STRKUSDT	0.04325	0.0100	get 0.0050% / 4h	3h 59m	$15.2M	$20.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Aster. 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 AsterbpFee BybitbpOrdersPrice spread, now −0.242%Rate

Funding earned: $0
Price spread: −0.242% → −0.048%: −$19.35
Slippage, 4 orders: −$89.01
Fee Aster: 4 bp × 2 orders: −$8
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$127.36
Costs to cover: 1.080%
Break-even: never at this rate

Slippage from Aster: live order book, 57 min ago; Bybit: live order book, 4 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 Aster live order book, 57 min ago	14.98 bp	44.3 bp −$44	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 4 min ago	1.16 bp	19.0 bp −$19	49.8 bp −$498	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	0.04303	−0.749%	$75K	$98K	25x	as long as short
Kraken Futures PF_STRKUSD	−0.0136%	1h	0.04335	−0.001%	$460K	$548K	20x	as long as short
dYdX STRK-USD	0.0000%	1h	0.04337	+0.039%	$20K	$24K	5x	as long as short
Injective STRK/USDC PERP	+0.0033%	1h	0.05070	+16.942%	$3K	$38K	5.5x	as long as short
Lighter STRK	+0.0096%	1h	0.04342	+0.151%	$265K	$463K	5x	as long as short
Paradex STRK-USD-PERP	+0.0100%	8h	0.04330	−0.115%	$8K	$144	20x	as long as short
Hyperliquid STRK	+0.0100%	1h	0.04333	−0.057%	$14.6M	$6.3M	5x	as long as short
Aster STRKUSDTlong	+0.0100%	4h	0.04335	long leg	$33K	$229K	10x
Pacifica STRK	+0.0100%	1h	0.04333	−0.062%	$43K	$69K	5x	as long as short
Binance STRKUSDT	+0.0100%	4h	0.04328	−0.175%	$12.4M	$44.6M	75x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit STRKUSDTshort	+0.0100%	4h	0.04325	−0.242%	$15.2M	$20.1M	50x
OKX STRK-USDT-SWAP	+0.0100%	4h	0.04328	−0.172%	$4.7M	$19.8M	50x	as long as short
Gate STRK_USDT	+0.0100%	4h	0.04327	−0.195%	$567K	$1.3M	50x	as long as short
MEXC STRK_USDT	+0.0100%	4h	0.04327	−0.195%	$12.2M	$1.9M	100x	as long as short
KuCoin STRKUSDTM	+0.0100%	4h	0.04332	−0.080%	$1.5M	$1.8M	50x	as long as short
Bitget STRKUSDT	+0.0100%	4h	0.04332	−0.082%	$3.1M	$3.7M	75x	as long as short
BingX STRK-USDT	+0.0100%	4h	0.04330	−0.126%	—	$9.2M	—	as long as short
Backpack STRK_USDC_PERP	+0.0100%	1h	0.04335	−0.011%	$30K	$143K	10x	as long as short
Variational Omni STRK	+0.0100%	4h	0.04320	−0.363%	$429K	$1.9M	—	as long as short
GRVT STRK_USDT_Perp	+0.0100%	4h	0.04319	−0.387%	$186K	$3.5M	10x	as long as short
SunX STRK-USDT	+0.0100%	4h	0.04429	+2.157%	$1K	$844K	20x	as long as short
Extended STRK-USD	+0.0104%	1h	0.04329	−0.142%	$121K	$659K	10x	as long as short
BloFin STRK-USDT	+0.0340%	4h	0.04324	−0.265%	$764K	$788K	75x	as long as short
Deribit STRK_USDC-PERPETUAL	+0.0442%	1h	0.04336	+0.012%	$8K	$44K	25x	as long as short