Funding you earn now, next payment 08:00 UTC−0.0240%/8h= −26.3% APRnext payment −$1.20 per $10,000 · paid last 24h −0.036%
Price spread now: Binance against BloFin+0.902%51s7-day average −0.048% · you sell dearer than you buy
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$580.579% of the position
Funding, last 7 days−0.070%−$7 on $10k
+Price spread, last 4 days (all we have)−2.824%−$282 · spread now +0.902%, 7d avg −0.048%
=The price spread pays, funding is against you. Binance is 0.950% dearer against BloFin than usual: you sell high and buy low (spread +0.902% now, against its 7-day average of −0.048%): +$95 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 13 days. At the pace of the last 7 days (−0.070% in total) that is about 3 months. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.070% in total (about -3.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.20 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin STRK-USDT | 0.04273 | 0.0340 | pay 0.0170% / 4h | 1h 56m | $681K | $765K | 75x |
| Short | Binance STRKUSDT | 0.04312 | 0.0100 | get 0.0050% / 4h | 1h 56m | $12.2M | $44.5M | 75x |
BloFin STRK-USDT
Binance STRKUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BloFin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$50.4
- Price spread: +0.902% → −0.048%
- $95.03
- Slippage, 4 orders
- −$35.91
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$13.28
- Costs to cover
- 0.579%
- Break-even
- from the start
Slippage from BloFin: live order book, 30 min ago; Binance: live order book, 16 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 BloFin live order book, 30 min ago | 5.92 bp | 15.2 bp −$15 | 29.1 bp −$291 | doesn't fit | doesn't fit |
| Sell Binance live order book, 16 min ago | 1.17 bp | 13.8 bp −$14 | 33.9 bp −$339 | 347.5 bp −$34.8K | 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 | 0.04298 | +0.585% | $70K | $103K | 25x | as long as short |
| Kraken Futures PF_STRKUSD | −0.0050% | 1h | 0.04315 | +0.986% | $446K | $600K | 20x | as long as short |
| dYdX STRK-USD | 0.0000% | 1h | 0.04273 | −0.007% | $20K | $24K | 5x | as long as short |
| Injective STRK/USDC PERP | +0.0033% | 1h | 0.05070 | +18.652% | $3K | $38K | 5.5x | as long as short |
| Lighter STRK | +0.0096% | 1h | 0.04282 | +0.211% | $255K | $442K | 5x | as long as short |
| Paradex STRK-USD-PERP | +0.0100% | 8h | 0.04289 | +0.373% | $8K | $144 | 20x | as long as short |
| Hyperliquid STRK | +0.0100% | 1h | 0.04315 | +0.983% | $14.3M | $6.2M | 5x | as long as short |
| Aster STRKUSDT | +0.0100% | 4h | 0.04310 | +0.862% | $33K | $229K | 10x | as long as short |
| Pacifica STRK | +0.0100% | 1h | 0.04276 | +0.066% | $42K | $69K | 5x | as long as short |
| Binance STRKUSDTshort | +0.0100% | 4h | 0.04312 | +0.902% | $12.2M | $44.5M | 75x |
Coinbase International STRK-PERP-INTX
Kraken Futures PF_STRKUSD
dYdX STRK-USD
Injective STRK/USDC PERP
Lighter STRK
Paradex STRK-USD-PERP
Hyperliquid STRK
Aster STRKUSDT
Pacifica STRKShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit STRKUSDT | +0.0100% | 4h | 0.04309 | +0.842% | $15.0M | $20.3M | 50x | as long as short |
| OKX STRK-USDT-SWAP | +0.0100% | 4h | 0.04314 | +0.960% | $4.6M | $19.3M | 50x | as long as short |
| Gate STRK_USDT | +0.0100% | 4h | 0.04305 | +0.749% | $583K | $1.4M | 50x | as long as short |
| MEXC STRK_USDT | +0.0100% | 4h | 0.04308 | +0.819% | $11.4M | $2.1M | 100x | as long as short |
| KuCoin STRKUSDTM | +0.0100% | 4h | 0.04310 | +0.866% | $1.5M | $1.8M | 50x | as long as short |
| Bitget STRKUSDT | +0.0100% | 4h | 0.04311 | +0.889% | $3.0M | $3.9M | 75x | as long as short |
| BingX STRK-USDT | +0.0100% | 4h | 0.04309 | +0.842% | — | $10.1M | — | as long as short |
| Variational Omni STRK | +0.0100% | 4h | 0.04269 | −0.100% | $415K | $1.9M | — | as long as short |
| GRVT STRK_USDT_Perp | +0.0100% | 4h | 0.04273 | −0.005% | $182K | $3.5M | 10x | as long as short |
| SunX STRK-USDT | +0.0100% | 4h | 0.04394 | +2.832% | $1K | $869K | 20x | as long as short |
| Extended STRK-USD | +0.0104% | 1h | 0.04310 | +0.875% | $120K | $473K | 10x | as long as short |
| Backpack STRK_USDC_PERP | +0.0146% | 1h | 0.04273 | 0.000% | $27K | $145K | 10x | as long as short |
| BloFin STRK-USDTlong | +0.0340% | 4h | 0.04273 | long leg | $681K | $765K | 75x | |
| Deribit STRK_USDC-PERPETUAL | +0.0909% | 1h | 0.04318 | +1.053% | $8K | $43K | 25x | as long as short |
Bybit STRKUSDT
OKX STRK-USDT-SWAP
Gate STRK_USDT
MEXC STRK_USDT
KuCoin STRKUSDTM
Bitget STRKUSDT
BingX STRK-USDT
Variational Omni STRK
GRVT STRK_USDT_Perp
SunX STRK-USDT
Extended STRK-USD
Backpack STRK_USDC_PERP
Deribit STRK_USDC-PERPETUAL