Funding arb · Price arb /

STRK

all STRK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: MEXC against Bybit+0.024%7-day average +0.053% · you sell dearer than you buy

Net, funding: paid 7d − costs−$51as in the Funding arb table

Net, price: spread back to 7d avg − costs−$54as in the Price arb table

costs, in and out, $10k−$510.511% of the position

Long on Bybit Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.002%$0 on $10k

Price spread, last 7 days−0.036%−$4 · spread now +0.024%, 7d avg +0.053%

Together, before fees−0.034%−$3 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.030% cheaper against Bybit than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.053%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit STRKUSDT	0.04225	0.0100	pay 0.0050% / 4h	2h 27m	$14.7M	$20.2M	50x
Short	MEXC STRK_USDT	0.04226	0.0100	get 0.0050% / 4h	2h 27m	$11.3M	$2.1M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.024%Rate

Funding earned: $0
Price spread: +0.024% → +0.053%: −$2.98
Slippage, 4 orders: −$36.07
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$54.06
Costs to cover: 0.511%
Break-even: never at this rate

Slippage from Bybit: live order book, 1 min ago; MEXC: live order book, 1 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, 1 min ago	2.37 bp	15.2 bp −$15	56.3 bp −$563	doesn't fit	doesn't fit
Sell MEXC live order book, 1 min ago	1.18 bp	8.5 bp −$8	25.7 bp −$257	91.9 bp −$9,187	185.9 bp −$93.0K

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	−0.0904%	1h	0.04227	+0.047%	$69K	$99K	25x	as long as short
Kraken Futures PF_STRKUSD	−0.0193%	1h	0.04229	+0.103%	$442K	$587K	20x	as long as short
dYdX STRK-USD	0.0000%	1h	0.04236	+0.256%	$20K	$24K	5x	as long as short
Deribit STRK_USDC-PERPETUAL	0.0000%	1h	0.04228	+0.071%	$8K	$43K	25x	as long as short
Injective STRK/USDC PERP	+0.0033%	1h	0.05070	+20.000%	$3K	$38K	5.5x	as long as short
Lighter STRK	+0.0096%	1h	0.04234	+0.213%	$252K	$443K	5x	as long as short
Paradex STRK-USD-PERP	+0.0099%	8h	0.04230	+0.122%	$8K	$144	20x	as long as short
Hyperliquid STRK	+0.0100%	1h	0.04231	+0.142%	$14.0M	$6.4M	5x	as long as short
Aster STRKUSDT	+0.0100%	4h	0.04229	+0.098%	$32K	$229K	10x	as long as short
Pacifica STRK	+0.0100%	1h	0.04236	+0.260%	$42K	$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	0.04226	+0.024%	$11.9M	$44.8M	75x	as long as short
Bybit STRKUSDTlong	+0.0100%	4h	0.04225	long leg	$14.7M	$20.2M	50x
OKX STRK-USDT-SWAP	+0.0100%	4h	0.04228	+0.071%	$4.6M	$19.2M	50x	as long as short
Gate STRK_USDT	+0.0100%	4h	0.04229	+0.095%	$560K	$1.4M	50x	as long as short
MEXC STRK_USDTshort	+0.0100%	4h	0.04226	+0.024%	$11.3M	$2.1M	100x
KuCoin STRKUSDTM	+0.0100%	4h	0.04233	+0.189%	$1.5M	$1.9M	50x	as long as short
Bitget STRKUSDT	+0.0100%	4h	0.04229	+0.104%	$3.0M	$3.9M	75x	as long as short
BingX STRK-USDC	+0.0100%	4h	0.04230	+0.118%	—	$726K	—	as long as short
Backpack STRK_USDC_PERP	+0.0100%	1h	0.04234	+0.213%	$26K	$142K	10x	as long as short
Variational Omni STRK	+0.0100%	4h	0.04235	+0.233%	$416K	$1.9M	—	as long as short
GRVT STRK_USDT_Perp	+0.0100%	4h	0.04237	+0.294%	$184K	$3.5M	10x	as long as short
SunX STRK-USDT	+0.0100%	4h	0.04333	+2.556%	$1K	$867K	20x	as long as short
Extended STRK-USD	+0.0104%	1h	0.04225	−0.011%	$119K	$474K	10x	as long as short
BloFin STRK-USDT	+0.0340%	4h	0.04227	+0.047%	$683K	$764K	75x	as long as short