Settings8H · net · $10k
Funding arb · Price arb /

STRK

all STRK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0240%/8h= −26.3% APRnext payment $1.20 per $10,000 · paid last 24h −0.022%
Price spread now: SunX against BloFin+2.225%55s7-day average +2.255% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.060%−$6 on $10k
Price spread, last 4 days (all we have)−1.635%−$164 · spread now +2.225%, 7d avg +2.255%
Together, before fees−1.696%−$170 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and SunX is 0.030% cheaper against BloFin than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +2.255%). Swap the legs. The two prices were read 55 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 -0.060% in total (about -3.2% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin STRK-USDT0.043600.0340pay 0.0170% / 4h15m 35s$771K$808K75x
ShortSunX STRK-USDT0.044570.0100get 0.0050% / 4h15m 35s$1K$842K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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

Funding earned
−$50.4
Price spread: +2.225% → +2.255%
−$3
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee SunX: 4 bp × 2 orders
−$8
Net
−$73.4
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: BloFin: live order book, 21 min ago; SunX: live order book, 7 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 21 min ago6.98 bp16.0 bp −$1637.8 bp −$378doesn't fitdoesn't fit
Sell SunX live order book, 7 min ago251.68 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

STRK on 24 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International STRK-PERP-INTX−0.0976%1h0.04311−1.124%$75K$98K25xas long as short
Kraken Futures PF_STRKUSD−0.0135%1h0.04353−0.160%$461K$550K20xas long as short
dYdX STRK-USD0.0000%1h0.04347−0.295%$20K$24K5xas long as short
Injective STRK/USDC PERP+0.0033%1h0.05070+16.284%$3K$38K5.5xas long as short
Lighter STRK+0.0096%1h0.04356−0.092%$266K$501K5xas long as short
Paradex STRK-USD-PERP+0.0100%8h0.04346−0.314%$8K$14420xas long as short
Hyperliquid STRK+0.0100%1h0.04351−0.206%$14.6M$6.3M5xas long as short
Aster STRKUSDT+0.0100%4h0.04349−0.263%$33K$229K10xas long as short
Pacifica STRK+0.0100%1h0.04348−0.273%$43K$69K5xas long as short
Binance STRKUSDT+0.0100%4h0.04350−0.229%$12.5M$44.6M75xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit STRKUSDT+0.0100%4h0.04343−0.390%$15.3M$20.2M50xas long as short
OKX STRK-USDT-SWAP+0.0100%4h0.04346−0.321%$4.7M$20.0M50xas long as short
Gate STRK_USDT+0.0100%4h0.04345−0.344%$570K$1.4M50xas long as short
MEXC STRK_USDT+0.0100%4h0.04348−0.275%$12.2M$2.0M100xas long as short
KuCoin STRKUSDTM+0.0100%4h0.04349−0.252%$1.5M$1.8M50xas long as short
Bitget STRKUSDT+0.0100%4h0.04345−0.349%$3.1M$3.7M75xas long as short
BingX STRK-USDT+0.0100%4h0.04346−0.321%$9.2Mas long as short
Backpack STRK_USDC_PERP+0.0100%1h0.04348−0.275%$30K$143K10xas long as short
Variational Omni STRK+0.0100%4h0.04343−0.396%$431K$2.0Mas long as short
GRVT STRK_USDT_Perp+0.0100%4h0.04356−0.092%$188K$3.5M10xas long as short
SunX STRK-USDTshort+0.0100%4h0.04457+2.225%$1K$842K20x
Extended STRK-USD+0.0104%1h0.04344−0.358%$121K$659K10xas long as short
Deribit STRK_USDC-PERPETUAL+0.0210%1h0.04353−0.161%$8K$44K25xas long as short
BloFin STRK-USDTlong+0.0340%4h0.04360long leg$771K$808K75x