STRK

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0067%/8h= −7.3% APRnext payment −$0.08 per $10,000 · paid last 24h −0.025%

Price spread now: Injective against Backpack+19.014%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 Injective

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

The price spread pays, funding is against you. Injective is 19.014% dearer against Backpack than usual: you sell high and buy low (spread +19.014% now, against zero (this spread has no 7-day history yet)): +$1,901 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about years.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Backpack STRK_USDC_PERP	0.04260	0.0100	pay 0.0013% / 1h	18m 46s	$28K	$146K	10x
Short	Injective STRK/USDC PERP	0.05070	0.0033	get 0.0004% / 1h	18m 46s	$3K	$38K	5.5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective 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 InjectivebpOrdersPrice spread, now +19.014%Rate

Funding earned: −$14
Price spread: +19.014% → 0.000%: $1,901.41
Slippage, 4 orders: no order book: not counted
Fee Backpack: 5 bp × 2 orders: −$10
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $1,877.39
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Backpack: live order book, 29 min ago; Injective: 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, 29 min ago	3.52 bp	20.3 bp −$20	doesn't fit	doesn't fit	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

Injective: 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	−0.0904%	1h	0.04256	−0.094%	$70K	$100K	25x	as long as short
Kraken Futures PF_STRKUSD	−0.0191%	1h	0.04262	+0.045%	$442K	$592K	20x	as long as short
dYdX STRK-USD	0.0000%	1h	0.04250	−0.229%	$20K	$24K	5x	as long as short
Injective STRK/USDC PERPshort	+0.0033%	1h	0.05070	+19.014%	$3K	$38K	5.5x
Lighter STRK	+0.0096%	1h	0.04270	+0.235%	$254K	$443K	5x	as long as short
Paradex STRK-USD-PERP	+0.0099%	8h	0.04251	−0.219%	$8K	$144	20x	as long as short
Hyperliquid STRK	+0.0100%	1h	0.04266	+0.141%	$14.1M	$6.4M	5x	as long as short
Aster STRKUSDT	+0.0100%	4h	0.04261	+0.015%	$33K	$229K	10x	as long as short
Pacifica STRK	+0.0100%	1h	0.04251	−0.214%	$42K	$69K	5x	as long as short
Binance STRKUSDT	+0.0100%	4h	0.04261	+0.034%	$12.0M	$44.9M	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	0.04259	−0.023%	$14.8M	$20.2M	50x	as long as short
OKX STRK-USDT-SWAP	+0.0100%	4h	0.04265	+0.117%	$4.6M	$19.4M	50x	as long as short
Gate STRK_USDT	+0.0100%	4h	0.04258	−0.047%	$572K	$1.4M	50x	as long as short
MEXC STRK_USDT	+0.0100%	4h	0.04262	+0.047%	$11.4M	$2.1M	100x	as long as short
KuCoin STRKUSDTM	+0.0100%	4h	0.04262	+0.047%	$1.5M	$1.9M	50x	as long as short
Bitget STRKUSDT	+0.0100%	4h	0.04264	+0.099%	$3.0M	$3.9M	75x	as long as short
BingX STRK-USDC	+0.0100%	4h	0.04261	+0.023%	—	$730K	—	as long as short
Backpack STRK_USDC_PERPlong	+0.0100%	1h	0.04260	long leg	$28K	$146K	10x
Variational Omni STRK	+0.0100%	4h	0.04233	−0.639%	$416K	$1.9M	—	as long as short
GRVT STRK_USDT_Perp	+0.0100%	4h	0.04226	−0.810%	$184K	$3.5M	10x	as long as short
SunX STRK-USDT	+0.0100%	4h	0.04356	+2.254%	$2K	$869K	20x	as long as short
Extended STRK-USD	+0.0104%	1h	0.04261	+0.033%	$119K	$474K	10x	as long as short
BloFin STRK-USDT	+0.0340%	4h	0.04258	−0.047%	$685K	$771K	75x	as long as short
Deribit STRK_USDC-PERPETUAL	+0.0454%	1h	0.04262	+0.047%	$8K	$43K	25x	as long as short