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

STRK

all STRK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0523%/8h= +57.3% APRnext payment +$2.62 per $10,000 · paid last 24h 0.000%
Price spread now: SunX against Bybit+2.494%56s7-day average +2.463% · 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+0.007%+$1 on $10k
Price spread, last 4 days (all we have)+2.049%+$205 · spread now +2.494%, 7d avg +2.463%
Together, before fees+2.056%+$206 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and SunX is 0.031% dearer against Bybit than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +2.463%. The two prices were read 56 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 0.007% in total (about 0.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.62 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit STRKUSDT0.04250−0.0423get 0.0212% / 4h1h 55m$14.6M$19.1M50x
ShortSunX STRK-USDT0.043560.0100get 0.0050% / 4h1h 55m$2K$885K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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

Funding earned
$109.89
Price spread: +2.494% → +2.463%
$3.11
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee SunX: 4 bp × 2 orders
−$8
Net
$94
Costs to cover
0.190%
Break-even
1.0 days
Slippage unknown: Bybit: live order book, 1 min ago; SunX: live order book, 50 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 Bybit live order book, 1 min ago1.18 bp14.0 bp −$1455.3 bp −$553doesn't fitdoesn't fit
Sell SunX live order book, 50 min ago257.18 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

STRK on 24 exchanges

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−0.1744%1h0.04214−0.847%$67K$71K25xas long as short
Kraken Futures PF_STRKUSD−0.0675%1h0.04258+0.183%$454K$457K20xas long as short
Bybit STRKUSDTlong−0.0423%4h0.04250long leg$14.6M$19.1M50x
Injective STRK/USDC PERP+0.0033%1h0.05070+19.294%$3K$38K5.5xas long as short
Variational Omni STRK+0.0052%4h0.04251+0.022%$413K$1.9Mas long as short
Lighter STRK+0.0096%1h0.04262+0.282%$253K$424K5xas long as short
Paradex STRK-USD-PERP+0.0100%8h0.04256+0.152%$8K$91320xas long as short
Hyperliquid STRK+0.0100%1h0.04259+0.212%$13.9M$5.6M5xas long as short
Aster STRKUSDT+0.0100%4h0.04260+0.229%$32K$183K10xas long as short
Pacifica STRK+0.0100%1h0.04260+0.242%$41K$69K5xas long as short
Show all 24 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance STRKUSDT+0.0100%4h0.04256+0.146%$12.1M$40.9M75xas long as short
OKX STRK-USDT-SWAP+0.0100%4h0.04254+0.094%$4.6M$17.2M50xas long as short
Gate STRK_USDT+0.0100%4h0.04255+0.118%$551K$1.3M50xas long as short
MEXC STRK_USDT+0.0100%4h0.04256+0.141%$11.1M$1.9M100xas long as short
KuCoin STRKUSDTM+0.0100%4h0.04258+0.188%$1.5M$1.7M50xas long as short
Bitget STRKUSDT+0.0100%4h0.04256+0.139%$3.0M$3.5M75xas long as short
BingX STRK-USDC+0.0100%4h0.04254+0.094%$730Kas long as short
Backpack STRK_USDC_PERP+0.0100%1h0.04256+0.141%$27K$139K10xas long as short
GRVT STRK_USDT_Perp+0.0100%4h0.04257+0.165%$185K$3.5M10xas long as short
SunX STRK-USDTshort+0.0100%4h0.04356+2.494%$2K$885K20x
Extended STRK-USD+0.0104%1h0.04255+0.123%$118K$873K10xas long as short
Deribit STRK_USDC-PERPETUAL+0.0220%1h0.04260+0.235%$3K$43K25xas long as short
BloFin STRK-USDT+0.0340%4h0.04256+0.141%$624K$712K75xas long as short
dYdX STRK-USD+0.0389%1h0.04257+0.164%$20K$24K5xas long as short