Funding arb · Price arb /

STRK

all STRK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0120%/8h= −13.2% APRpaid last 24h +0.064%

Price spread now: Deribit against BloFin+0.094%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on BloFin Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

Together, before fees—needs both histories

The price spread pays, funding is against you. Deribit is 0.094% dearer against BloFin than usual: you sell high and buy low (spread +0.094% now, against zero (this spread has no 7-day history yet)): +$9 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 2.6 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin STRK-USDT	0.04256	0.0340	pay 0.0170% / 4h	1h 54m	$624K	$716K	75x
Short	Deribit STRK_USDC-PERPETUAL	0.04260	0.0220	get 0.0027% / 1h	54m 27s	$3K	$43K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit 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 DeribitbpOrdersPrice spread, now +0.094%Rate

Funding earned: −$25.26
Price spread: +0.094% → 0.000%: $9.4
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$34.86
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: BloFin: live order book, 55 min ago; Deribit: no order-book sample. Net counts fees only.

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, 55 min ago	2.35 bp	16.9 bp −$17	39.1 bp −$391	doesn't fit	doesn't fit
Sell Deribit no order-book sample	—	—	—	—	—

Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

STRK on 24 exchanges

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	−0.1744%	1h	0.04214	−0.987%	$67K	$71K	25x	as long as short
Kraken Futures PF_STRKUSD	−0.0675%	1h	0.04258	+0.035%	$454K	$457K	20x	as long as short
Bybit STRKUSDT	−0.0433%	4h	0.04249	−0.164%	$14.6M	$19.1M	50x	as long as short
Injective STRK/USDC PERP	+0.0033%	1h	0.05070	+19.126%	$3K	$38K	5.5x	as long as short
Variational Omni STRK	+0.0052%	4h	0.04251	−0.119%	$413K	$1.9M	—	as long as short
Lighter STRK	+0.0096%	1h	0.04262	+0.141%	$253K	$424K	5x	as long as short
Paradex STRK-USD-PERP	+0.0100%	8h	0.04255	−0.025%	$8K	$913	20x	as long as short
Hyperliquid STRK	+0.0100%	1h	0.04257	+0.023%	$13.9M	$5.5M	5x	as long as short
Aster STRKUSDT	+0.0100%	4h	0.04259	+0.069%	$32K	$183K	10x	as long as short
Pacifica STRK	+0.0100%	1h	0.04258	+0.054%	$41K	$69K	5x	as long as short

Show all 24 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance STRKUSDT	+0.0100%	4h	0.04255	−0.022%	$12.1M	$40.9M	75x	as long as short
OKX STRK-USDT-SWAP	+0.0100%	4h	0.04253	−0.070%	$4.6M	$17.2M	50x	as long as short
Gate STRK_USDT	+0.0100%	4h	0.04254	−0.047%	$550K	$1.3M	50x	as long as short
MEXC STRK_USDT	+0.0100%	4h	0.04255	−0.023%	$11.1M	$1.9M	100x	as long as short
KuCoin STRKUSDTM	+0.0100%	4h	0.04258	+0.047%	$1.5M	$1.7M	50x	as long as short
Bitget STRKUSDT	+0.0100%	4h	0.04254	−0.035%	$3.0M	$3.5M	75x	as long as short
BingX STRK-USDT	+0.0100%	4h	0.04254	−0.047%	—	$9.6M	—	as long as short
Backpack STRK_USDC_PERP	+0.0100%	1h	0.04256	0.000%	$27K	$139K	10x	as long as short
GRVT STRK_USDT_Perp	+0.0100%	4h	0.04257	+0.023%	$185K	$3.5M	10x	as long as short
SunX STRK-USDT	+0.0100%	4h	0.04355	+2.326%	$2K	$884K	20x	as long as short
Extended STRK-USD	+0.0104%	1h	0.04253	−0.069%	$118K	$873K	10x	as long as short
Deribit STRK_USDC-PERPETUALshort	+0.0220%	1h	0.04260	+0.094%	$3K	$43K	25x
dYdX STRK-USD	+0.0311%	1h	0.04257	+0.023%	$20K	$24K	5x	as long as short
BloFin STRK-USDTlong	+0.0340%	4h	0.04256	long leg	$624K	$716K	75x