Settings8H · net · $10k
Funding arb · Price arb /

STRK

all STRK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.033%
Price spread now: MEXC against Backpack0.000%7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$122as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$530.526% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.690%−$69 on $10k
Price spread, last 4 days (all we have)−0.057%−$6 · spread now 0.000%, 7d avg +0.007%
Together, before fees−0.747%−$75 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBackpack STRK_USDC_PERP0.044240.0100pay 0.0013% / 1h22m 01s$25K$152K10x
ShortMEXC STRK_USDT0.044240.0100get 0.0050% / 4h2h 22m$11.7M$2.2M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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

Funding earned
$0
Price spread: 0.000% → +0.007%
−$0.67
Slippage, 4 orders
−$38.59
Fee Backpack: 5 bp × 2 orders
−$10
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$53.26
Costs to cover
0.526%
Break-even
never at this rate
Slippage from Backpack: live order book, 1 min ago; MEXC: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Backpack live order book, 1 min ago5.65 bp17.9 bp −$18doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 1 min ago1.13 bp11.1 bp −$1126.0 bp −$26089.7 bp −$8,965189.9 bp −$94.9K

STRK on 24 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International STRK-PERP-INTX−0.0352%1h0.04425+0.023%$63K$91K25xas long as short
dYdX STRK-USD0.0000%1h0.04431+0.154%$21K$24K5xas long as short
Injective STRK/USDC PERP+0.0033%1h0.05070+14.602%$3K$38K5.5xas long as short
Paradex STRK-USD-PERP+0.0100%8h0.04425+0.019%$8K$14420xas long as short
Hyperliquid STRK+0.0100%1h0.04428+0.090%$15.2M$7.2M5xas long as short
Aster STRKUSDT+0.0100%4h0.04426+0.038%$35K$374K10xas long as short
Pacifica STRK+0.0100%1h0.04430+0.136%$44K$69K5xas long as short
Binance STRKUSDT+0.0100%4h0.04422−0.043%$12.8M$50.2M75xas long as short
Bybit STRKUSDT+0.0100%4h0.04420−0.090%$15.7M$21.1M50xas long as short
OKX STRK-USDT-SWAP+0.0100%4h0.04420−0.090%$4.9M$23.8M50xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate STRK_USDT+0.0100%4h0.04427+0.068%$594K$1.5M50xas long as short
MEXC STRK_USDTshort+0.0100%4h0.044240.000%$11.7M$2.2M100x
KuCoin STRKUSDTM+0.0100%4h0.04425+0.023%$1.5M$1.9M50xas long as short
Bitget STRKUSDT+0.0100%4h0.04423−0.034%$3.1M$4.1M75xas long as short
BingX STRK-USDC+0.0100%4h0.04423−0.023%$723Kas long as short
Backpack STRK_USDC_PERPlong+0.0100%1h0.04424long leg$25K$152K10x
Variational Omni STRK+0.0100%4h0.04439+0.347%$360K$1.7Mas long as short
GRVT STRK_USDT_Perp+0.0100%4h0.04437+0.301%$191K$3.5M10xas long as short
SunX STRK-USDT+0.0100%4h0.04530+2.396%$2K$816K20xas long as short
Extended STRK-USD+0.0104%1h0.04425+0.021%$123K$626K10xas long as short
BloFin STRK-USDT+0.0124%4h0.04429+0.113%$786K$727K75xas long as short
Deribit STRK_USDC-PERPETUAL+0.0202%1h0.04431+0.158%$8K$24K25xas long as short
Lighter STRK+0.0224%1h0.04436+0.271%$274K$541K5xas long as short
Kraken Futures PF_STRKUSD+0.0335%1h0.04438+0.308%$472K$492K20xas long as short