STRK

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0263%/8h= −28.8% APRpaid last 24h −0.033%

Price spread now: Bybit against Backpack−0.068%7-day average −0.084% · you buy dearer than you sell

Net, funding: paid 7d − costs−$134as in the Funding arb table

Net, price: spread back to 7d avg − costs−$63as in the Price arb table

costs, in and out, $10k−$650.647% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.692%−$69 on $10k

Price spread, last 4 days (all we have)−0.093%−$9 · spread now −0.068%, 7d avg −0.084%

Together, before fees−0.786%−$79 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.084%, so right now this pair is about funding alone: −$8 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Backpack STRK_USDC_PERP	0.04412	0.0324	pay 0.0040% / 1h	55m 02s	$25K	$148K	10x
Short	Bybit STRKUSDT	0.04409	0.0060	get 0.0030% / 4h	55m 02s	$15.6M	$21.4M	50x

Funding history

latest

Range statsloading…

Bybit against Backpack. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee BackpackbpFee BybitbpOrdersPrice spread, now −0.068%Rate

Slippage from Backpack: live order book, 23 min ago; Bybit: live order book, 4 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Backpack live order book, 23 min ago	2.28 bp	13.7 bp −$14	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 4 min ago	2.28 bp	14.3 bp −$14	41.7 bp −$417	doesn't fit	doesn't fit

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	−0.0584%	1h	0.04396	−0.363%	$63K	$96K	25x	as long as short
dYdX STRK-USD	0.0000%	1h	0.04411	−0.013%	$21K	$24K	5x	as long as short
Injective STRK/USDC PERP	+0.0033%	1h	0.05070	+14.914%	$3K	$38K	5.5x	as long as short
Bybit STRKUSDTshort	+0.0060%	4h	0.04409	−0.068%	$15.6M	$21.4M	50x
Paradex STRK-USD-PERP	+0.0100%	8h	0.04411	−0.032%	$8K	$144	20x	as long as short
Hyperliquid STRK	+0.0100%	1h	0.04415	+0.068%	$15.1M	$7.4M	5x	as long as short
Aster STRKUSDT	+0.0100%	4h	0.04413	+0.024%	$34K	$361K	10x	as long as short
Pacifica STRK	+0.0100%	1h	0.04412	+0.009%	$44K	$69K	5x	as long as short
Binance STRKUSDT	+0.0100%	4h	0.04413	+0.023%	$12.6M	$49.7M	75x	as long as short
OKX STRK-USDT-SWAP	+0.0100%	4h	0.04411	−0.023%	$4.9M	$23.5M	50x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate STRK_USDT	+0.0100%	4h	0.04410	−0.045%	$589K	$1.4M	50x	as long as short
MEXC STRK_USDT	+0.0100%	4h	0.04412	0.000%	$12.4M	$2.1M	100x	as long as short
KuCoin STRKUSDTM	+0.0100%	4h	0.04412	0.000%	$1.5M	$1.9M	50x	as long as short
Bitget STRKUSDT	+0.0100%	4h	0.04412	+0.009%	$3.1M	$4.1M	75x	as long as short
BingX STRK-USDC	+0.0100%	4h	0.04413	+0.023%	—	$721K	—	as long as short
Variational Omni STRK	+0.0100%	4h	0.04403	−0.206%	$324K	$2.0M	—	as long as short
GRVT STRK_USDT_Perp	+0.0100%	4h	0.04405	−0.159%	$188K	$3.5M	10x	as long as short
SunX STRK-USDT	+0.0100%	4h	0.04515	+2.335%	$1K	$831K	20x	as long as short
Extended STRK-USD	+0.0104%	1h	0.04412	0.000%	$122K	$626K	10x	as long as short
BloFin STRK-USDT	+0.0112%	4h	0.04415	+0.068%	$754K	$727K	75x	as long as short
Backpack STRK_USDC_PERPlong	+0.0324%	1h	0.04412	long leg	$25K	$148K	10x
Kraken Futures PF_STRKUSD	+0.0501%	1h	0.04415	+0.063%	$473K	$512K	20x	as long as short
Lighter STRK	+0.0624%	1h	0.04423	+0.249%	$273K	$506K	5x	as long as short
Deribit STRK_USDC-PERPETUAL	+0.1110%	1h	0.04419	+0.159%	$2K	$34K	25x	as long as short