Funding arb · Price arb /

STRK

all STRK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.1052%/8h= −115.2% APRpaid last 24h −0.332%

Price spread now: Coinbase International against BingX−0.926%7-day average — · you buy dearer than you sell

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

Long on BingX Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days−1.097%−$110 on $10k

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

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$32 a day on $10k at the current rate, and Coinbase International is 0.926% cheaper against BingX than usual: you would sell low and buy high (−$93 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX STRK-USDC	0.04320	0.0100	pay 0.0050% / 4h	1h 31m	—	$727K	—
Short	Coinbase International STRK-PERP-INTX	0.04280	−0.0952	pay 0.0119% / 1h	31m 52s	$60K	$86K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against BingX. 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 BingXbpFee Coinbase InternationalbpOrdersPrice spread, now −0.926%Rate

Funding earned: −$220.92
Price spread: −0.926% → 0.000%: −$92.59
Slippage, 4 orders: no order book: not counted
Fee BingX: 5 bp × 2 orders: −$10
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$333.51
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: BingX: live order book, 27 min ago; Coinbase International: 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 BingX live order book, 27 min ago	2.32 bp	17.7 bp −$18	33.6 bp −$336	236.8 bp −$23.7K	660.6 bp −$330.3K
Sell Coinbase International no order-book sample	—	—	—	—	—

Coinbase International: 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-INTXshort	−0.0952%	1h	0.04280	−0.926%	$60K	$86K	25x
Kraken Futures PF_STRKUSD	−0.0369%	1h	0.04319	−0.025%	$453K	$529K	20x	as long as short
dYdX STRK-USD	0.0000%	1h	0.04323	+0.074%	$20K	$24K	5x	as long as short
Injective STRK/USDC PERP	+0.0033%	1h	0.05070	+17.361%	$3K	$38K	5.5x	as long as short
Lighter STRK	+0.0096%	1h	0.04327	+0.162%	$264K	$503K	5x	as long as short
Paradex STRK-USD-PERP	+0.0100%	8h	0.04318	−0.042%	$8K	$144	20x	as long as short
Hyperliquid STRK	+0.0100%	1h	0.04321	+0.023%	$14.6M	$6.9M	5x	as long as short
Aster STRKUSDT	+0.0100%	4h	0.04319	−0.029%	$33K	$328K	10x	as long as short
Pacifica STRK	+0.0100%	1h	0.04322	+0.058%	$43K	$69K	5x	as long as short
Binance STRKUSDT	+0.0100%	4h	0.04317	−0.061%	$12.3M	$46.1M	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	0.04315	−0.116%	$15.1M	$20.8M	50x	as long as short
OKX STRK-USDT-SWAP	+0.0100%	4h	0.04318	−0.046%	$4.7M	$20.8M	50x	as long as short
Gate STRK_USDT	+0.0100%	4h	0.04314	−0.139%	$582K	$1.3M	50x	as long as short
MEXC STRK_USDT	+0.0100%	4h	0.04318	−0.046%	$12.1M	$2.0M	100x	as long as short
KuCoin STRKUSDTM	+0.0100%	4h	0.04319	−0.023%	$1.5M	$1.8M	50x	as long as short
Bitget STRKUSDT	+0.0100%	4h	0.04318	−0.056%	$3.0M	$3.8M	75x	as long as short
BingX STRK-USDClong	+0.0100%	4h	0.04320	long leg	—	$727K	—
Backpack STRK_USDC_PERP	+0.0100%	1h	0.04317	−0.069%	$24K	$137K	10x	as long as short
Variational Omni STRK	+0.0100%	4h	0.04325	+0.108%	$389K	$2.1M	—	as long as short
GRVT STRK_USDT_Perp	+0.0100%	4h	0.04328	+0.176%	$189K	$3.5M	10x	as long as short
SunX STRK-USDT	+0.0100%	4h	0.04417	+2.245%	$1K	$835K	20x	as long as short
Extended STRK-USD	+0.0104%	1h	0.04317	−0.060%	$121K	$665K	10x	as long as short
Deribit STRK_USDC-PERPETUAL	+0.0213%	1h	0.04320	0.000%	$8K	$44K	25x	as long as short
BloFin STRK-USDT	+0.0340%	4h	0.04320	0.000%	$751K	$833K	75x	as long as short