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

STRK

all STRK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0516%/8h= +56.5% APRpaid last 24h +0.090%
Price spread now: Lighter against BingX+0.386%7-day average +0.079% · you sell dearer than you buy
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$710.709% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.383%+$38 on $10k
Price spread, last 4 days (all we have)−0.415%−$42 · spread now +0.386%, 7d avg +0.079%
Together, before fees−0.033%+ Points / potential airdropLighter: Season 3 · farm board−$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and Lighter is 0.307% dearer against BingX than usual: you sell high and buy low: +$31 more if the spread goes back to its 7-day average of +0.079%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX STRK-USDT0.044010.0100pay 0.0050% / 4h42m 25s$26.4M
ShortLighter STRK0.044180.0616get 0.0077% / 1h42m 25s$273K$506K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter 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

Funding earned
$108.36
Price spread: +0.386% → +0.079%
$30.69
Slippage, 4 orders
−$60.93
Fee BingX: 5 bp × 2 orders
−$10
Fee Lighter: 0 bp × 2 orders
$0
Net
$68.12
Costs to cover
0.709%
Break-even
2.6 days
Slippage from BingX: live order book, 11 min ago; Lighter: live order book, 28 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 BingX live order book, 11 min ago3.40 bp15.7 bp −$1633.4 bp −$334381.9 bp −$38.2K794.4 bp −$397.2K
Sell Lighter live order book, 28 min ago12.54 bp18.5 bp −$1865.1 bp −$651doesn't fitdoesn't fit

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−0.0584%1h0.04396−0.114%$63K$96K25xas long as short
dYdX STRK-USD+0.0001%1h0.04410+0.203%$21K$24K5xas long as short
Injective STRK/USDC PERP+0.0033%1h0.05070+15.201%$3K$38K5.5xas long as short
BloFin STRK-USDT+0.0046%4h0.04411+0.227%$749K$720K75xas long as short
Paradex STRK-USD-PERP+0.0100%8h0.04403+0.043%$8K$14420xas long as short
Hyperliquid STRK+0.0100%1h0.04410+0.204%$15.0M$7.5M5xas long as short
Aster STRKUSDT+0.0100%4h0.04407+0.147%$34K$350K10xas long as short
Pacifica STRK+0.0100%1h0.04411+0.223%$44K$69K5xas long as short
Binance STRKUSDT+0.0100%4h0.04403+0.044%$12.6M$49.7M75xas long as short
Bybit STRKUSDT+0.0100%4h0.04399−0.045%$15.6M$21.5M50xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX STRK-USDT-SWAP+0.0100%4h0.04400−0.023%$4.9M$23.4M50xas long as short
Gate STRK_USDT+0.0100%4h0.04410+0.204%$591K$1.4M50xas long as short
MEXC STRK_USDT+0.0100%4h0.044010.000%$12.4M$2.1M100xas long as short
KuCoin STRKUSDTM+0.0100%4h0.044010.000%$1.5M$1.9M50xas long as short
Bitget STRKUSDT+0.0100%4h0.04399−0.052%$3.1M$4.1M75xas long as short
BingX STRK-USDTlong+0.0100%4h0.04401long leg$26.4M
Variational Omni STRK+0.0100%4h0.04401−0.001%$359K$2.0Mas long as short
GRVT STRK_USDT_Perp+0.0100%4h0.04403+0.044%$188K$3.5M10xas long as short
SunX STRK-USDT+0.0100%4h0.04517+2.636%$2K$834K20xas long as short
Extended STRK-USD+0.0104%1h0.04400−0.016%$122K$625K10xas long as short
Backpack STRK_USDC_PERP+0.0193%1h0.04409+0.182%$25K$148K10xas long as short
Kraken Futures PF_STRKUSD+0.0501%1h0.04411+0.231%$472K$512K20xas long as short
Lighter STRKshort+0.0616%1h0.04418+0.386%$273K$506K5x
Deribit STRK_USDC-PERPETUAL+0.0883%1h0.04418+0.386%$2K$34K25xas long as short