Funding you earn now, next payment 07:00 UTC−0.0390%/8h= −42.7% APRpaid last 24h −0.007%
Price spread now: Kraken Futures against BloFin−0.059%57s7-day average +0.125% · you buy dearer than you sell
Net, funding: paid 7d − costs+$24as 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−$1151.150% of the position
Funding, last 7 days+1.390%+$139 on $10k
+Price spread, last 4 days (all we have)−0.268%−$27 · spread now −0.059%, 7d avg +0.125%
=Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and Kraken Futures is 0.185% cheaper against BloFin than usual: you would sell low and buy high (−$18 if the spread goes back to its 7-day average of +0.125%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +1.390%, so the current rate has only just turned against you. The two prices were read 57 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 | 0.04322 | 0.0340 | pay 0.0170% / 4h | 1h 27m | $674K | $780K | 75x |
| Short | Kraken Futures PF_STRKUSD | 0.04319 | −0.0050 | pay 0.0006% / 1h | 27m 27s | $449K | $601K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- −$81.8
- Price spread: −0.059% → +0.125%
- −$18.45
- Slippage, 4 orders
- −$93.01
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$215.26
- Costs to cover
- 1.150%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 59 min ago; Kraken Futures: 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, 59 min ago | 5.92 bp | 15.2 bp −$15 | 29.1 bp −$291 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 16 min ago | 16.12 bp | 25.8 bp −$26 | 404.0 bp −$4,040 | 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-INTX | −0.0992% | 1h | 0.04294 | −0.648% | $70K | $103K | 25x | as long as short |
| Kraken Futures PF_STRKUSDshort | −0.0050% | 1h | 0.04319 | −0.059% | $449K | $601K | 20x | |
| dYdX STRK-USD | 0.0000% | 1h | 0.04322 | +0.006% | $20K | $24K | 5x | as long as short |
| Injective STRK/USDC PERP | +0.0033% | 1h | 0.05070 | +17.307% | $3K | $38K | 5.5x | as long as short |
| Lighter STRK | +0.0096% | 1h | 0.04331 | +0.208% | $258K | $442K | 5x | as long as short |
| Paradex STRK-USD-PERP | +0.0100% | 8h | 0.04322 | −0.002% | $8K | $144 | 20x | as long as short |
| Hyperliquid STRK | +0.0100% | 1h | 0.04329 | +0.162% | $14.3M | $6.1M | 5x | as long as short |
| Aster STRKUSDT | +0.0100% | 4h | 0.04325 | +0.062% | $33K | $229K | 10x | as long as short |
| Pacifica STRK | +0.0100% | 1h | 0.04324 | +0.053% | $43K | $66K | 5x | as long as short |
| Binance STRKUSDT | +0.0100% | 4h | 0.04325 | +0.062% | $12.3M | $44.5M | 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 | 0.04323 | +0.023% | $15.1M | $20.3M | 50x | as long as short |
| OKX STRK-USDT-SWAP | +0.0100% | 4h | 0.04325 | +0.069% | $4.7M | $19.2M | 50x | as long as short |
| Gate STRK_USDT | +0.0100% | 4h | 0.04320 | −0.046% | $580K | $1.4M | 50x | as long as short |
| MEXC STRK_USDT | +0.0100% | 4h | 0.04323 | +0.023% | $11.6M | $2.1M | 100x | as long as short |
| KuCoin STRKUSDTM | +0.0100% | 4h | 0.04325 | +0.069% | $1.5M | $1.8M | 50x | as long as short |
| Bitget STRKUSDT | +0.0100% | 4h | 0.04322 | +0.002% | $3.0M | $3.8M | 75x | as long as short |
| BingX STRK-USDT | +0.0100% | 4h | 0.04323 | +0.023% | — | $10.1M | — | as long as short |
| Backpack STRK_USDC_PERP | +0.0100% | 1h | 0.04322 | 0.000% | $29K | $144K | 10x | as long as short |
| Variational Omni STRK | +0.0100% | 4h | 0.04330 | +0.179% | $425K | $1.9M | — | as long as short |
| GRVT STRK_USDT_Perp | +0.0100% | 4h | 0.04329 | +0.166% | $192K | $3.5M | 10x | as long as short |
| SunX STRK-USDT | +0.0100% | 4h | 0.04421 | +2.291% | $2K | $878K | 20x | as long as short |
| Extended STRK-USD | +0.0104% | 1h | 0.04321 | −0.026% | $121K | $482K | 10x | as long as short |
| BloFin STRK-USDTlong | +0.0340% | 4h | 0.04322 | long leg | $674K | $780K | 75x | |
| Deribit STRK_USDC-PERPETUAL | +0.0445% | 1h | 0.04321 | −0.023% | $8K | $43K | 25x | as long as short |
BloFin STRK-USDT
Kraken Futures PF_STRKUSD
Coinbase International STRK-PERP-INTX
Injective STRK/USDC PERP
Lighter STRK
Paradex STRK-USD-PERP
Hyperliquid STRK
Aster STRKUSDT
Pacifica STRK
Binance STRKUSDT
Bybit STRKUSDT
OKX STRK-USDT-SWAP
Gate STRK_USDT
MEXC STRK_USDT
KuCoin STRKUSDTM
Bitget STRKUSDT
BingX STRK-USDT
Backpack STRK_USDC_PERP
Variational Omni STRK
GRVT STRK_USDT_Perp
SunX STRK-USDT
Extended STRK-USD
Deribit STRK_USDC-PERPETUAL