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: MEXC against BloFin+0.093%64s7-day average −0.062% · you sell dearer than you buy
Net, funding: paid 7d − costs−$56as 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−$490.490% of the position
Funding, last 7 days−0.070%−$7 on $10k
+Price spread, last 4 days (all we have)−2.716%−$272 · spread now +0.093%, 7d avg −0.062%
=The price spread pays, funding is against you. MEXC is 0.154% dearer against BloFin than usual: you sell high and buy low (spread +0.093% now, against its 7-day average of −0.062%): +$15 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 2.1 days. At the pace of the last 7 days (−0.070% in total) that is about 15 days. The two prices were read 64 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 | 0.04324 | 0.0340 | pay 0.0170% / 4h | 3h 20m | $729K | $772K | 75x |
| Short | MEXC STRK_USDT | 0.04328 | 0.0100 | get 0.0050% / 4h | 3h 20m | $12.1M | $2.0M | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: +0.093% → −0.062%
- $15.42
- Slippage, 4 orders
- −$33.03
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$84.01
- Costs to cover
- 0.490%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 12 min ago; MEXC: live order book, 3 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, 12 min ago | 3.46 bp | 11.7 bp −$12 | 24.3 bp −$243 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 1.16 bp | 9.2 bp −$9 | 23.0 bp −$230 | 82.3 bp −$8,230 | 179.8 bp −$89.9K |
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 | −0.1032% | 1h | 0.04316 | −0.185% | $71K | $101K | 25x | as long as short |
| dYdX STRK-USD | 0.0000% | 1h | 0.04329 | +0.121% | $20K | $24K | 5x | as long as short |
| Deribit STRK_USDC-PERPETUAL | 0.0000% | 1h | 0.04334 | +0.231% | $8K | $43K | 25x | as long as short |
| Injective STRK/USDC PERP | +0.0033% | 1h | 0.05070 | +17.253% | $3K | $38K | 5.5x | as long as short |
| Kraken Futures PF_STRKUSD | +0.0059% | 1h | 0.04333 | +0.219% | $457K | $570K | 20x | as long as short |
| Lighter STRK | +0.0096% | 1h | 0.04337 | +0.301% | $265K | $464K | 5x | as long as short |
| Paradex STRK-USD-PERP | +0.0100% | 8h | 0.04330 | +0.147% | $8K | $144 | 20x | as long as short |
| Hyperliquid STRK | +0.0100% | 1h | 0.04332 | +0.185% | $14.5M | $6.2M | 5x | as long as short |
| Aster STRKUSDT | +0.0100% | 4h | 0.04327 | +0.065% | $33K | $229K | 10x | as long as short |
| Pacifica STRK | +0.0100% | 1h | 0.04330 | +0.139% | $43K | $69K | 5x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance STRKUSDT | +0.0100% | 4h | 0.04326 | +0.057% | $12.4M | $44.5M | 75x | as long as short |
| Bybit STRKUSDT | +0.0100% | 4h | 0.04325 | +0.023% | $15.2M | $20.0M | 50x | as long as short |
| OKX STRK-USDT-SWAP | +0.0100% | 4h | 0.04327 | +0.069% | $4.7M | $19.7M | 50x | as long as short |
| Gate STRK_USDT | +0.0100% | 4h | 0.04326 | +0.046% | $569K | $1.4M | 50x | as long as short |
| MEXC STRK_USDTshort | +0.0100% | 4h | 0.04328 | +0.093% | $12.1M | $2.0M | 100x | |
| KuCoin STRKUSDTM | +0.0100% | 4h | 0.04328 | +0.093% | $1.5M | $1.8M | 50x | as long as short |
| Bitget STRKUSDT | +0.0100% | 4h | 0.04328 | +0.095% | $3.1M | $3.8M | 75x | as long as short |
| BingX STRK-USDT | +0.0100% | 4h | 0.04326 | +0.046% | — | $9.3M | — | as long as short |
| Backpack STRK_USDC_PERP | +0.0100% | 1h | 0.04328 | +0.093% | $30K | $144K | 10x | as long as short |
| Variational Omni STRK | +0.0100% | 4h | 0.04327 | +0.063% | $431K | $1.9M | — | as long as short |
| GRVT STRK_USDT_Perp | +0.0100% | 4h | 0.04319 | −0.105% | $190K | $3.5M | 10x | as long as short |
| SunX STRK-USDT | +0.0100% | 4h | 0.04431 | +2.475% | $1K | $847K | 20x | as long as short |
| Extended STRK-USD | +0.0104% | 1h | 0.04328 | +0.100% | $119K | $594K | 10x | as long as short |
| BloFin STRK-USDTlong | +0.0340% | 4h | 0.04324 | long leg | $729K | $772K | 75x |
BloFin STRK-USDT
MEXC STRK_USDT
Coinbase International STRK-PERP-INTX
Deribit STRK_USDC-PERPETUAL
Injective STRK/USDC PERP
Kraken Futures PF_STRKUSD
Lighter STRK
Paradex STRK-USD-PERP
Hyperliquid STRK
Aster STRKUSDT
Pacifica STRK
Binance STRKUSDT
Bybit STRKUSDT
OKX STRK-USDT-SWAP
Gate 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