Funding arb · Price arb /

STRK

all STRK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.1316%/8h= −144.1% APRpaid last 24h −0.367%

Price spread now: Coinbase International against BloFin−0.714%58s7-day average — · you buy dearer than you sell

Net, funding: paid 7d − costs−$189as 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−$720.719% of the position

Long on BloFin Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days−1.171%−$117 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 −$39 a day on $10k at the current rate, and Coinbase International is 0.714% cheaper against BloFin than usual: you would sell low and buy high (−$71 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 58 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin STRK-USDT	0.04342	0.0340	pay 0.0170% / 4h	20m 03s	$772K	$809K	75x
Short	Coinbase International STRK-PERP-INTX	0.04311	−0.0976	pay 0.0122% / 1h	20m 03s	$75K	$98K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against BloFin. 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 BloFinbpFee Coinbase InternationalbpOrdersPrice spread, now −0.714%Rate

Funding earned: −$276.36
Price spread: −0.714% → 0.000%: −$71.4
Slippage, 4 orders: −$49.86
Fee BloFin: 6 bp × 2 orders: −$12
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$419.62
Costs to cover: 0.719%
Break-even: never at this rate

Slippage from BloFin: live order book, 17 min ago; Coinbase International: live order book, 63 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, 17 min ago	6.98 bp	16.0 bp −$16	37.8 bp −$378	doesn't fit	doesn't fit
Sell Coinbase International live order book, 63 min ago	8.09 bp	23.3 bp −$23	162.8 bp −$1,628	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-INTXshort	−0.0976%	1h	0.04311	−0.714%	$75K	$98K	25x
Kraken Futures PF_STRKUSD	−0.0135%	1h	0.04354	+0.280%	$461K	$551K	20x	as long as short
dYdX STRK-USD	0.0000%	1h	0.04348	+0.141%	$20K	$24K	5x	as long as short
Injective STRK/USDC PERP	+0.0033%	1h	0.05070	+16.766%	$3K	$38K	5.5x	as long as short
Lighter STRK	+0.0096%	1h	0.04359	+0.392%	$266K	$501K	5x	as long as short
Paradex STRK-USD-PERP	+0.0100%	8h	0.04344	+0.050%	$8K	$144	20x	as long as short
Hyperliquid STRK	+0.0100%	1h	0.04357	+0.345%	$14.7M	$6.3M	5x	as long as short
Aster STRKUSDT	+0.0100%	4h	0.04351	+0.210%	$33K	$229K	10x	as long as short
Pacifica STRK	+0.0100%	1h	0.04347	+0.127%	$43K	$69K	5x	as long as short
Binance STRKUSDT	+0.0100%	4h	0.04352	+0.222%	$12.5M	$44.8M	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	0.04346	+0.092%	$15.3M	$20.2M	50x	as long as short
OKX STRK-USDT-SWAP	+0.0100%	4h	0.04350	+0.184%	$4.7M	$20.1M	50x	as long as short
Gate STRK_USDT	+0.0100%	4h	0.04345	+0.069%	$570K	$1.4M	50x	as long as short
MEXC STRK_USDT	+0.0100%	4h	0.04349	+0.161%	$12.2M	$2.0M	100x	as long as short
KuCoin STRKUSDTM	+0.0100%	4h	0.04350	+0.184%	$1.5M	$1.8M	50x	as long as short
Bitget STRKUSDT	+0.0100%	4h	0.04351	+0.212%	$3.1M	$3.7M	75x	as long as short
BingX STRK-USDT	+0.0100%	4h	0.04349	+0.161%	—	$9.3M	—	as long as short
Backpack STRK_USDC_PERP	+0.0100%	1h	0.04350	+0.184%	$30K	$144K	10x	as long as short
Variational Omni STRK	+0.0100%	4h	0.04339	−0.076%	$430K	$2.0M	—	as long as short
GRVT STRK_USDT_Perp	+0.0100%	4h	0.04340	−0.046%	$187K	$3.6M	10x	as long as short
SunX STRK-USDT	+0.0100%	4h	0.04448	+2.441%	$2K	$843K	20x	as long as short
Extended STRK-USD	+0.0104%	1h	0.04348	+0.146%	$120K	$659K	10x	as long as short
BloFin STRK-USDTlong	+0.0340%	4h	0.04342	long leg	$772K	$809K	75x
Deribit STRK_USDC-PERPETUAL	+0.0439%	1h	0.04354	+0.276%	$8K	$44K	25x	as long as short