Funding arb · Price arb /

STRK

all STRK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: SunX against Binance+2.123%7-day average +2.360% · you sell dearer than you buy

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

Long on Binance Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.009%+$1 on $10k

Price spread, last 4 days (all we have)+1.215%+$122 · spread now +2.123%, 7d avg +2.360%

Together, before fees+1.225%+$122 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: SunX is 0.238% cheaper against Binance than usual: you would sell low and buy high, −$24 on $10k if it goes back to its 7-day average of +2.360%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance STRKUSDT	0.04304	0.0100	pay 0.0050% / 4h	1h 54m	$12.1M	$44.6M	75x
Short	SunX STRK-USDT	0.04395	0.0100	get 0.0050% / 4h	1h 54m	$1K	$870K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +2.123%Rate

Funding earned: $0
Price spread: +2.123% → +2.360%: −$23.77
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee SunX: 4 bp × 2 orders: −$8
Net: −$41.77
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Binance: live order book, 2 min ago; SunX: live order book, 8 min ago. 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 Binance live order book, 2 min ago	1.17 bp	14.4 bp −$14	36.9 bp −$369	doesn't fit	doesn't fit
Sell SunX live order book, 8 min ago	254.19 bp	doesn't fit	doesn't fit	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	−0.0992%	1h	0.04282	−0.503%	$70K	$103K	25x	as long as short
Kraken Futures PF_STRKUSD	−0.0050%	1h	0.04296	−0.181%	$443K	$600K	20x	as long as short
dYdX STRK-USD	0.0000%	1h	0.04302	−0.047%	$20K	$24K	5x	as long as short
Injective STRK/USDC PERP	+0.0033%	1h	0.05070	+17.807%	$3K	$38K	5.5x	as long as short
Lighter STRK	+0.0096%	1h	0.04311	+0.171%	$257K	$442K	5x	as long as short
Paradex STRK-USD-PERP	+0.0100%	8h	0.04303	−0.024%	$8K	$144	20x	as long as short
Hyperliquid STRK	+0.0100%	1h	0.04304	+0.008%	$14.2M	$6.2M	5x	as long as short
Aster STRKUSDT	+0.0100%	4h	0.04304	+0.011%	$33K	$229K	10x	as long as short
Pacifica STRK	+0.0100%	1h	0.04306	+0.050%	$43K	$69K	5x	as long as short
Binance STRKUSDTlong	+0.0100%	4h	0.04304	long leg	$12.1M	$44.6M	75x

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit STRKUSDT	+0.0100%	4h	0.04297	−0.155%	$15.0M	$20.4M	50x	as long as short
OKX STRK-USDT-SWAP	+0.0100%	4h	0.04298	−0.131%	$4.6M	$19.3M	50x	as long as short
Gate STRK_USDT	+0.0100%	4h	0.04295	−0.201%	$582K	$1.4M	50x	as long as short
MEXC STRK_USDT	+0.0100%	4h	0.04299	−0.108%	$11.4M	$2.1M	100x	as long as short
KuCoin STRKUSDTM	+0.0100%	4h	0.04303	−0.015%	$1.5M	$1.9M	50x	as long as short
Bitget STRKUSDT	+0.0100%	4h	0.04299	−0.096%	$3.0M	$3.9M	75x	as long as short
BingX STRK-USDT	+0.0100%	4h	0.04300	−0.085%	—	$10.1M	—	as long as short
Variational Omni STRK	+0.0100%	4h	0.04319	+0.362%	$418K	$1.9M	—	as long as short
GRVT STRK_USDT_Perp	+0.0100%	4h	0.04273	−0.711%	$188K	$3.5M	10x	as long as short
SunX STRK-USDTshort	+0.0100%	4h	0.04395	+2.123%	$1K	$870K	20x
Extended STRK-USD	+0.0104%	1h	0.04294	−0.215%	$120K	$473K	10x	as long as short
Backpack STRK_USDC_PERP	+0.0121%	1h	0.04294	−0.224%	$28K	$145K	10x	as long as short
Deribit STRK_USDC-PERPETUAL	+0.0216%	1h	0.04296	−0.178%	$8K	$43K	25x	as long as short
BloFin STRK-USDT	+0.0340%	4h	0.04297	−0.155%	$686K	$770K	75x	as long as short