Funding arb · Price arb /

STRK

all STRK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0660%/8h= −72.3% APRpaid last 24h −0.319%

Price spread now: Coinbase International against Bybit−1.406%7-day average — · you buy dearer than you sell

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

Long on Bybit Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days−1.071%−$107 on $10k

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

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$20 a day on $10k at the current rate, and Coinbase International is 1.406% cheaper against Bybit than usual: you would sell low and buy high (−$141 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit STRKUSDT	0.04338	0.0100	pay 0.0050% / 4h	2h 03m	$15.1M	$20.9M	50x
Short	Coinbase International STRK-PERP-INTX	0.04277	−0.0560	pay 0.0070% / 1h	3m 35s	$60K	$86K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Bybit. 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 BybitbpFee Coinbase InternationalbpOrdersPrice spread, now −1.406%Rate

Funding earned: −$138.6
Price spread: −1.406% → 0.000%: −$140.62
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$300.22
Costs to cover: 0.210%
Break-even: never at this rate

Slippage unknown: Bybit: live order book, 5 min ago; Coinbase International: 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 Bybit live order book, 5 min ago	1.15 bp	16.0 bp −$16	57.8 bp −$578	doesn't fit	doesn't fit
Sell Coinbase International no order-book sample	—	—	—	—	—

Coinbase International: 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 23 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-INTXshort	−0.0560%	1h	0.04277	−1.406%	$60K	$86K	25x
Kraken Futures PF_STRKUSD	−0.0304%	1h	0.04341	+0.073%	$456K	$529K	20x	as long as short
dYdX STRK-USD	0.0000%	1h	0.04339	+0.014%	$20K	$24K	5x	as long as short
Injective STRK/USDC PERP	+0.0033%	1h	0.05070	+16.874%	$3K	$38K	5.5x	as long as short
Paradex STRK-USD-PERP	+0.0100%	8h	0.04342	+0.087%	$8K	$144	20x	as long as short
Hyperliquid STRK	+0.0100%	1h	0.04345	+0.161%	$14.7M	$7.1M	5x	as long as short
Aster STRKUSDT	+0.0100%	4h	0.04343	+0.106%	$33K	$328K	10x	as long as short
Pacifica STRK	+0.0100%	1h	0.04343	+0.115%	$43K	$69K	5x	as long as short
Binance STRKUSDT	+0.0100%	4h	0.04342	+0.081%	$12.4M	$46.8M	75x	as long as short
Bybit STRKUSDTlong	+0.0100%	4h	0.04338	long leg	$15.1M	$20.9M	50x

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX STRK-USDT-SWAP	+0.0100%	4h	0.04341	+0.069%	$4.7M	$21.3M	50x	as long as short
Gate STRK_USDT	+0.0100%	4h	0.04339	+0.023%	$590K	$1.4M	50x	as long as short
MEXC STRK_USDT	+0.0100%	4h	0.04342	+0.092%	$12.3M	$2.2M	100x	as long as short
KuCoin STRKUSDTM	+0.0100%	4h	0.04341	+0.069%	$1.5M	$1.8M	50x	as long as short
Bitget STRKUSDT	+0.0100%	4h	0.04341	+0.065%	$3.1M	$3.8M	75x	as long as short
BingX STRK-USDT	+0.0100%	4h	0.04340	+0.046%	—	$26.3M	—	as long as short
Backpack STRK_USDC_PERP	+0.0100%	1h	0.04342	+0.092%	$24K	$146K	10x	as long as short
Variational Omni STRK	+0.0100%	4h	0.04331	−0.167%	$368K	$2.0M	—	as long as short
GRVT STRK_USDT_Perp	+0.0100%	4h	0.04330	−0.177%	$191K	$3.6M	10x	as long as short
SunX STRK-USDT	+0.0100%	4h	0.04444	+2.444%	$2K	$838K	20x	as long as short
Extended STRK-USD	+0.0104%	1h	0.04340	+0.057%	$121K	$660K	10x	as long as short
Lighter STRK	+0.0192%	1h	0.04352	+0.323%	$266K	$507K	5x	as long as short
Deribit STRK_USDC-PERPETUAL	+0.0671%	1h	0.04346	+0.184%	$8K	$44K	25x	as long as short