STRK

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0812%/8h= +88.9% APRnext payment +$1.01 per $10,000 · paid last 24h +0.120%

Price spread now: Deribit against Backpack+0.116%7-day average — · you sell dearer than you buy

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

Long on Backpack Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$24 a day on $10k at the current rate, and Deribit is 0.116% dearer against Backpack than usual: you sell high and buy low: +$12 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Backpack STRK_USDC_PERP	0.04304	0.0100	pay 0.0013% / 1h	58m 24s	$27K	$143K	10x
Short	Deribit STRK_USDC-PERPETUAL	0.04309	0.0912	get 0.0114% / 1h	58m 24s	$8K	$43K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against Backpack. 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 BackpackbpFee DeribitbpOrdersPrice spread, now +0.116%Rate

Funding earned: $170.46
Price spread: +0.116% → 0.000%: $11.62
Slippage, 4 orders: no order book: not counted
Fee Backpack: 5 bp × 2 orders: −$10
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: $165.08
Costs to cover: 0.170%
Break-even: 0.2 days

Slippage unknown: Backpack: live order book, 40 min ago; Deribit: no order-book sample. 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 Backpack live order book, 40 min ago	2.32 bp	17.8 bp −$18	doesn't fit	doesn't fit	doesn't fit
Sell Deribit no order-book sample	—	—	—	—	—

Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.1448%	1h	0.04263	−0.953%	$69K	$86K	25x	as long as short
Kraken Futures PF_STRKUSD	−0.0330%	1h	0.04307	+0.065%	$447K	$486K	20x	as long as short
dYdX STRK-USD	0.0000%	1h	0.04308	+0.101%	$20K	$24K	5x	as long as short
Injective STRK/USDC PERP	+0.0033%	1h	0.05070	+17.797%	$3K	$38K	5.5x	as long as short
Lighter STRK	+0.0096%	1h	0.04316	+0.279%	$256K	$439K	5x	as long as short
Paradex STRK-USD-PERP	+0.0100%	8h	0.04312	+0.187%	$8K	$144	20x	as long as short
Hyperliquid STRK	+0.0100%	1h	0.04314	+0.232%	$14.1M	$5.8M	5x	as long as short
Aster STRKUSDT	+0.0100%	4h	0.04308	+0.086%	$33K	$212K	10x	as long as short
Pacifica STRK	+0.0100%	1h	0.04312	+0.197%	$43K	$65K	5x	as long as short
Binance STRKUSDT	+0.0100%	4h	0.04309	+0.116%	$12.3M	$43.1M	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	0.04305	+0.023%	$14.9M	$19.6M	50x	as long as short
OKX STRK-USDT-SWAP	+0.0100%	4h	0.04308	+0.093%	$4.6M	$18.4M	50x	as long as short
Gate STRK_USDT	+0.0100%	4h	0.04310	+0.139%	$571K	$1.3M	50x	as long as short
MEXC STRK_USDT	+0.0100%	4h	0.04309	+0.116%	$11.4M	$2.0M	100x	as long as short
KuCoin STRKUSDTM	+0.0100%	4h	0.04312	+0.186%	$1.5M	$1.8M	50x	as long as short
Bitget STRKUSDT	+0.0100%	4h	0.04310	+0.142%	$3.0M	$3.7M	75x	as long as short
BingX STRK-USDC	+0.0100%	4h	0.04307	+0.070%	—	$734K	—	as long as short
Backpack STRK_USDC_PERPlong	+0.0100%	1h	0.04304	long leg	$27K	$143K	10x
Variational Omni STRK	+0.0100%	4h	0.04294	−0.234%	$418K	$1.9M	—	as long as short
GRVT STRK_USDT_Perp	+0.0100%	4h	0.04299	−0.110%	$183K	$3.4M	10x	as long as short
SunX STRK-USDT	+0.0100%	4h	0.04406	+2.370%	$2K	$887K	20x	as long as short
Extended STRK-USD	+0.0104%	1h	0.04311	+0.167%	$120K	$878K	10x	as long as short
BloFin STRK-USDT	+0.0340%	4h	0.04305	+0.023%	$654K	$766K	75x	as long as short
Deribit STRK_USDC-PERPETUALshort	+0.0912%	1h	0.04309	+0.116%	$8K	$43K	25x