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

STRK

all STRK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0124%/8h= +13.6% APRpaid last 24h +0.085%
Price spread now: Lighter against Bitget+0.258%7-day average +0.085% · you sell dearer than you buy
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$830.832% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.377%+$38 on $10k
Price spread, last 4 days (all we have)−0.128%−$13 · spread now +0.258%, 7d avg +0.085%
Together, before fees+0.249%+ Points / potential airdropLighter: Season 3 · farm board+$25 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Lighter is 0.173% dearer against Bitget than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of +0.085%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget STRKUSDT0.044270.0100pay 0.0050% / 4h2h 22m$3.1M$4.1M75x
ShortLighter STRK0.044380.0224get 0.0028% / 1h22m 30s$274K$541K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Bitget. 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
$26.04
Price spread: +0.258% → +0.085%
$17.29
Slippage, 4 orders
−$71.15
Fee Bitget: 6 bp × 2 orders
−$12
Fee Lighter: 0 bp × 2 orders
$0
Net
−$39.83
Costs to cover
0.832%
Break-even
17.7 days
Slippage from Bitget: live order book, 5 min ago; Lighter: live order book, 62 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 Bitget live order book, 5 min ago4.05 bp18.7 bp −$1930.8 bp −$308doesn't fitdoesn't fit
Sell Lighter live order book, 62 min ago13.41 bp18.6 bp −$1968.7 bp −$687doesn'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−0.0352%1h0.04425−0.036%$63K$91K25xas long as short
dYdX STRK-USD0.0000%1h0.04431+0.095%$21K$24K5xas long as short
Deribit STRK_USDC-PERPETUAL0.0000%1h0.04435+0.190%$8K$24K25xas long as short
Injective STRK/USDC PERP+0.0033%1h0.05070+14.535%$3K$38K5.5xas long as short
Paradex STRK-USD-PERP+0.0100%8h0.04425−0.040%$8K$14420xas long as short
Hyperliquid STRK+0.0100%1h0.04433+0.145%$15.2M$7.2M5xas long as short
Aster STRKUSDT+0.0100%4h0.04429+0.049%$35K$374K10xas long as short
Pacifica STRK+0.0100%1h0.04430+0.077%$44K$69K5xas long as short
Binance STRKUSDT+0.0100%4h0.04424−0.059%$12.8M$50.2M75xas long as short
Bybit STRKUSDT+0.0100%4h0.04422−0.104%$15.7M$21.1M50xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX STRK-USDT-SWAP+0.0100%4h0.04423−0.081%$4.9M$23.8M50xas long as short
Gate STRK_USDT+0.0100%4h0.04430+0.077%$594K$1.5M50xas long as short
MEXC STRK_USDT+0.0100%4h0.04428+0.032%$11.7M$2.2M100xas long as short
KuCoin STRKUSDTM+0.0100%4h0.04431+0.099%$1.5M$1.9M50xas long as short
Bitget STRKUSDTlong+0.0100%4h0.04427long leg$3.1M$4.1M75x
BingX STRK-USDT+0.0100%4h0.04426−0.014%$25.9Mas long as short
Backpack STRK_USDC_PERP+0.0100%1h0.04431+0.099%$25K$152K10xas long as short
Variational Omni STRK+0.0100%4h0.04439+0.288%$360K$1.7Mas long as short
GRVT STRK_USDT_Perp+0.0100%4h0.04437+0.242%$191K$3.5M10xas long as short
SunX STRK-USDT+0.0100%4h0.04536+2.471%$2K$816K20xas long as short
Extended STRK-USD+0.0104%1h0.04423−0.082%$123K$626K10xas long as short
BloFin STRK-USDT+0.0124%4h0.04429+0.054%$786K$727K75xas long as short
Lighter STRKshort+0.0224%1h0.04438+0.258%$274K$541K5x
Kraken Futures PF_STRKUSD+0.0335%1h0.04439+0.277%$472K$492K20xas long as short