Funding arb · Price arb /

STRK

all STRK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0404%/8h= +44.3% APRpaid last 24h +0.179%

Price spread now: Kraken Futures against BingX+0.085%7-day average — · you sell dearer than you buy

Net, funding: paid 7d − costs+$36as in the Funding arb table

Net, price: spread back to 7d avg − costs−$94as in the Price arb table

costs, in and out, $10k−$1031.027% of the position

Long on BingX Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days+1.385%+$139 on $10k

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

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Kraken Futures is 0.085% dearer against BingX than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX STRK-USDC	0.04382	0.0100	pay 0.0050% / 4h	20m 48s	—	$722K	—
Short	Kraken Futures PF_STRKUSD	0.04386	0.0504	get 0.0063% / 1h	20m 48s	$470K	$512K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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 Kraken FuturesbpOrdersPrice spread, now +0.085%Rate

Funding earned: $84.89
Price spread: +0.085% → 0.000%: $8.49
Slippage, 4 orders: −$82.72
Fee BingX: 5 bp × 2 orders: −$10
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$9.33
Costs to cover: 1.027%
Break-even: 7.8 days

Slippage from BingX: live order book, 8 min ago; Kraken Futures: live order book, 57 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 BingX live order book, 8 min ago	2.28 bp	17.5 bp −$17	34.1 bp −$341	238.2 bp −$23.8K	641.0 bp −$320.5K
Sell Kraken Futures live order book, 57 min ago	15.94 bp	31.7 bp −$32	399.0 bp −$3,990	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	−0.0584%	1h	0.04376	−0.137%	$62K	$95K	25x	as long as short
dYdX STRK-USD	0.0000%	1h	0.04380	−0.039%	$20K	$24K	5x	as long as short
Injective STRK/USDC PERP	+0.0033%	1h	0.05070	+15.701%	$3K	$38K	5.5x	as long as short
Paradex STRK-USD-PERP	+0.0100%	8h	0.04386	+0.082%	$8K	$144	20x	as long as short
Hyperliquid STRK	+0.0100%	1h	0.04386	+0.091%	$14.9M	$7.5M	5x	as long as short
Aster STRKUSDT	+0.0100%	4h	0.04385	+0.060%	$34K	$350K	10x	as long as short
Pacifica STRK	+0.0100%	1h	0.04391	+0.205%	$44K	$69K	5x	as long as short
Binance STRKUSDT	+0.0100%	4h	0.04379	−0.073%	$12.5M	$49.6M	75x	as long as short
Bybit STRKUSDT	+0.0100%	4h	0.04376	−0.137%	$15.5M	$21.4M	50x	as long as short
OKX STRK-USDT-SWAP	+0.0100%	4h	0.04378	−0.091%	$4.9M	$23.2M	50x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate STRK_USDT	+0.0100%	4h	0.04380	−0.046%	$586K	$1.4M	50x	as long as short
MEXC STRK_USDT	+0.0100%	4h	0.04383	+0.023%	$12.3M	$2.1M	100x	as long as short
KuCoin STRKUSDTM	+0.0100%	4h	0.04383	+0.023%	$1.5M	$1.9M	50x	as long as short
Bitget STRKUSDT	+0.0100%	4h	0.04384	+0.046%	$3.1M	$4.0M	75x	as long as short
BingX STRK-USDClong	+0.0100%	4h	0.04382	long leg	—	$722K	—
Backpack STRK_USDC_PERP	+0.0100%	1h	0.04382	0.000%	$25K	$148K	10x	as long as short
Variational Omni STRK	+0.0100%	4h	0.04385	+0.066%	$354K	$2.0M	—	as long as short
GRVT STRK_USDT_Perp	+0.0100%	4h	0.04386	+0.091%	$192K	$3.6M	10x	as long as short
SunX STRK-USDT	+0.0100%	4h	0.04485	+2.351%	$1K	$835K	20x	as long as short
Extended STRK-USD	+0.0104%	1h	0.04380	−0.051%	$121K	$625K	10x	as long as short
BloFin STRK-USDT	+0.0120%	4h	0.04382	0.000%	$749K	$727K	75x	as long as short
Kraken Futures PF_STRKUSDshort	+0.0504%	1h	0.04386	+0.085%	$470K	$512K	20x
Deribit STRK_USDC-PERPETUAL	+0.0662%	1h	0.04388	+0.137%	$2K	$33K	25x	as long as short
Lighter STRK	+0.0712%	1h	0.04394	+0.274%	$271K	$507K	5x	as long as short