Funding arb · Price arb /

STRK

all STRK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%

Price spread now: Extended against Binance−0.039%7-day average −0.096% · you buy dearer than you sell

Net, funding: paid 7d − costs−$65as in the Funding arb table

Net, price: spread back to 7d avg − costs−$60as in the Price arb table

costs, in and out, $10k−$650.654% of the position

Long on Binance Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.007%+$1 on $10k

Price spread, last 4 days (all we have)−0.161%−$16 · spread now −0.039%, 7d avg −0.096%

Together, before fees−0.154%+ Points / potential airdropExtended: Active · 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: Extended is 0.057% dearer against Binance than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.096%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance STRKUSDT	0.04322	0.0100	pay 0.0050% / 4h	3h 50m	$12.4M	$44.6M	75x
Short	Extended STRK-USD	0.04320	0.0104	get 0.0013% / 1h	50m 39s	$121K	$656K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Binance. 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 BinancebpFee ExtendedbpOrdersPrice spread, now −0.039%Rate

Funding earned: $0.84
Price spread: −0.039% → −0.096%: $5.7
Slippage, 4 orders: −$50.36
Fee Binance: 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$58.82
Costs to cover: 0.654%
Break-even: 497.1 days

Slippage from Binance: live order book, 6 min ago; Extended: live order book, 2 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 Binance live order book, 6 min ago	2.32 bp	14.1 bp −$14	39.3 bp −$393	doesn't fit	doesn't fit
Sell Extended live order book, 2 min ago	4.62 bp	20.0 bp −$20	161.9 bp −$1,619	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	−0.1032%	1h	0.04303	−0.440%	$75K	$98K	25x	as long as short
dYdX STRK-USD	0.0000%	1h	0.04322	+0.006%	$20K	$24K	5x	as long as short
Deribit STRK_USDC-PERPETUAL	0.0000%	1h	0.04325	+0.069%	$8K	$44K	25x	as long as short
Injective STRK/USDC PERP	+0.0033%	1h	0.05070	+17.307%	$3K	$38K	5.5x	as long as short
Gate STRK_USDT	+0.0048%	4h	0.04315	−0.162%	$565K	$1.4M	50x	as long as short
Kraken Futures PF_STRKUSD	+0.0059%	1h	0.04325	+0.081%	$458K	$557K	20x	as long as short
Lighter STRK	+0.0096%	1h	0.04330	+0.185%	$264K	$464K	5x	as long as short
Paradex STRK-USD-PERP	+0.0100%	8h	0.04321	−0.022%	$8K	$144	20x	as long as short
Hyperliquid STRK	+0.0100%	1h	0.04326	+0.093%	$14.5M	$6.3M	5x	as long as short
Aster STRKUSDT	+0.0100%	4h	0.04325	+0.061%	$33K	$227K	10x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica STRK	+0.0100%	1h	0.04325	+0.076%	$43K	$69K	5x	as long as short
Binance STRKUSDTlong	+0.0100%	4h	0.04322	long leg	$12.4M	$44.6M	75x
Bybit STRKUSDT	+0.0100%	4h	0.04318	−0.093%	$15.2M	$20.1M	50x	as long as short
OKX STRK-USDT-SWAP	+0.0100%	4h	0.04322	0.000%	$4.7M	$19.7M	50x	as long as short
MEXC STRK_USDT	+0.0100%	4h	0.04323	+0.023%	$12.1M	$1.9M	100x	as long as short
KuCoin STRKUSDTM	+0.0100%	4h	0.04321	−0.023%	$1.5M	$1.8M	50x	as long as short
Bitget STRKUSDT	+0.0100%	4h	0.04320	−0.049%	$3.1M	$3.7M	75x	as long as short
BingX STRK-USDC	+0.0100%	4h	0.04321	−0.023%	—	$728K	—	as long as short
Backpack STRK_USDC_PERP	+0.0100%	1h	0.04320	−0.046%	$30K	$143K	10x	as long as short
Variational Omni STRK	+0.0100%	4h	0.04318	−0.098%	$429K	$1.9M	—	as long as short
GRVT STRK_USDT_Perp	+0.0100%	4h	0.04327	+0.116%	$186K	$3.5M	10x	as long as short
SunX STRK-USDT	+0.0100%	4h	0.04424	+2.360%	$2K	$845K	20x	as long as short
Extended STRK-USDshort	+0.0104%	1h	0.04320	−0.039%	$121K	$656K	10x
BloFin STRK-USDT	+0.0340%	4h	0.04323	+0.023%	$749K	$783K	75x	as long as short