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: BloFin against Bybit−0.187%7-day average +0.151% · you buy dearer than you sell
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costs−$90as in the Price arb table
costs, in and out, $10k−$570.566% of the position
Funding, last 7 days+0.072%+$7 on $10k
+Price spread, last 4 days (all we have)+1.471%+$147 · spread now −0.187%, 7d avg +0.151%
=Funding pays, the price is against you. BloFin is 0.338% cheaper against Bybit than usual: you would sell low and buy high (spread −0.187% now, against its 7-day average of +0.151%). If the spread goes back, that is −$34 on $10k: about 4.7 days of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.072% in total) that is about 33 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.072% in total (about 3.7% 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 | Bybit STRKUSDT | 0.04286 | 0.0100 | pay 0.0050% / 4h | 19m 01s | $14.9M | $19.7M | 50x |
| Short | BloFin STRK-USDT | 0.04278 | 0.0340 | get 0.0170% / 4h | 19m 01s | $658K | $764K | 75x |
Bybit STRKUSDT
BloFin STRK-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bybit. 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: −0.187% → +0.151%
- −$33.81
- Slippage, 4 orders
- −$33.57
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$39.99
- Costs to cover
- 0.566%
- Break-even
- 12.6 days
Slippage from Bybit: live order book, 4 min ago; BloFin: 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 Bybit live order book, 4 min ago | 1.17 bp | 16.0 bp −$16 | 57.4 bp −$574 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 63 min ago | 2.31 bp | 11.9 bp −$12 | 30.0 bp −$300 | 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 | −0.1224% | 1h | 0.04247 | −0.910% | $69K | $86K | 25x | as long as short |
| dYdX STRK-USD | 0.0000% | 1h | 0.04282 | −0.089% | $20K | $24K | 5x | as long as short |
| Injective STRK/USDC PERP | +0.0033% | 1h | 0.05070 | +18.292% | $3K | $38K | 5.5x | as long as short |
| Lighter STRK | +0.0096% | 1h | 0.04295 | +0.210% | $255K | $441K | 5x | as long as short |
| Paradex STRK-USD-PERP | +0.0100% | 8h | 0.04280 | −0.138% | $8K | $144 | 20x | as long as short |
| Hyperliquid STRK | +0.0100% | 1h | 0.04290 | +0.093% | $14.1M | $5.9M | 5x | as long as short |
| Aster STRKUSDT | +0.0100% | 4h | 0.04290 | +0.096% | $33K | $212K | 10x | as long as short |
| Pacifica STRK | +0.0100% | 1h | 0.04282 | −0.089% | $42K | $65K | 5x | as long as short |
| Binance STRKUSDT | +0.0100% | 4h | 0.04287 | +0.025% | $12.2M | $43.4M | 75x | as long as short |
| Bybit STRKUSDTlong | +0.0100% | 4h | 0.04286 | long leg | $14.9M | $19.7M | 50x |
Coinbase International STRK-PERP-INTX
dYdX STRK-USD
Injective STRK/USDC PERP
Lighter STRK
Paradex STRK-USD-PERP
Hyperliquid STRK
Aster STRKUSDT
Pacifica STRK
Binance STRKUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX STRK-USDT-SWAP | +0.0100% | 4h | 0.04287 | +0.023% | $4.6M | $18.5M | 50x | as long as short |
| Gate STRK_USDT | +0.0100% | 4h | 0.04286 | 0.000% | $570K | $1.4M | 50x | as long as short |
| MEXC STRK_USDT | +0.0100% | 4h | 0.04286 | 0.000% | $11.4M | $2.1M | 100x | as long as short |
| KuCoin STRKUSDTM | +0.0100% | 4h | 0.04289 | +0.070% | $1.5M | $1.8M | 50x | as long as short |
| Bitget STRKUSDT | +0.0100% | 4h | 0.04287 | +0.021% | $3.0M | $3.7M | 75x | as long as short |
| BingX STRK-USDC | +0.0100% | 4h | 0.04287 | +0.023% | — | $735K | — | as long as short |
| Backpack STRK_USDC_PERP | +0.0100% | 1h | 0.04288 | +0.047% | $28K | $143K | 10x | as long as short |
| Variational Omni STRK | +0.0100% | 4h | 0.04277 | −0.216% | $416K | $1.9M | — | as long as short |
| GRVT STRK_USDT_Perp | +0.0100% | 4h | 0.04278 | −0.193% | $183K | $3.5M | 10x | as long as short |
| SunX STRK-USDT | +0.0100% | 4h | 0.04385 | +2.310% | $2K | $882K | 20x | as long as short |
| Extended STRK-USD | +0.0104% | 1h | 0.04282 | −0.084% | $119K | $876K | 10x | as long as short |
| Deribit STRK_USDC-PERPETUAL | +0.0217% | 1h | 0.04288 | +0.047% | $8K | $43K | 25x | as long as short |
| Kraken Futures PF_STRKUSD | +0.0336% | 1h | 0.04289 | +0.066% | $446K | $505K | 20x | as long as short |
| BloFin STRK-USDTshort | +0.0340% | 4h | 0.04278 | −0.187% | $658K | $764K | 75x |
OKX STRK-USDT-SWAP
Gate STRK_USDT
MEXC STRK_USDT
KuCoin STRKUSDTM
Bitget STRKUSDT
BingX STRK-USDC
Backpack STRK_USDC_PERP
Variational Omni STRK
GRVT STRK_USDT_Perp
SunX STRK-USDT
Extended STRK-USD
Deribit STRK_USDC-PERPETUAL
Kraken Futures PF_STRKUSD