Funding arb · Price arb /

STRK

all STRK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.1548%/8h= +169.5% APRpaid last 24h +0.369%

Price spread now: Bybit against Coinbase International+1.079%7-day average — · you sell dearer than you buy

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

Long on Coinbase International Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+1.186%+$119 on $10k

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

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$46 a day on $10k at the current rate, and Bybit is 1.079% dearer against Coinbase International than usual: you sell high and buy low: +$108 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International STRK-PERP-INTX	0.04263	−0.1448	get 0.0181% / 1h	49m 36s	$69K	$86K	25x
Short	Bybit STRKUSDT	0.04309	0.0100	get 0.0050% / 4h	3h 49m	$14.9M	$19.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Coinbase International. 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 Coinbase InternationalbpFee BybitbpOrdersPrice spread, now +1.079%Rate

Funding earned: $325.08
Price spread: +1.079% → 0.000%: $107.91
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: $411.99
Costs to cover: 0.210%
Break-even: from the start

Slippage unknown: Coinbase International: no order-book sample; Bybit: live order book, 4 min ago. 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 Coinbase International no order-book sample	—	—	—	—	—
Sell Bybit live order book, 4 min ago	1.16 bp	13.7 bp −$14	56.4 bp −$564	doesn't fit	doesn't fit

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 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-INTXlong	−0.1448%	1h	0.04263	long leg	$69K	$86K	25x
Kraken Futures PF_STRKUSD	−0.0330%	1h	0.04307	+1.032%	$447K	$481K	20x	as long as short
dYdX STRK-USD	0.0000%	1h	0.04313	+1.176%	$20K	$24K	5x	as long as short
Injective STRK/USDC PERP	+0.0033%	1h	0.05070	+18.930%	$3K	$38K	5.5x	as long as short
Lighter STRK	+0.0096%	1h	0.04318	+1.290%	$256K	$439K	5x	as long as short
Paradex STRK-USD-PERP	+0.0100%	8h	0.04312	+1.159%	$8K	$144	20x	as long as short
Hyperliquid STRK	+0.0100%	1h	0.04312	+1.149%	$14.1M	$5.8M	5x	as long as short
Aster STRKUSDT	+0.0100%	4h	0.04312	+1.159%	$33K	$206K	10x	as long as short
Pacifica STRK	+0.0100%	1h	0.04313	+1.163%	$43K	$65K	5x	as long as short
Binance STRKUSDT	+0.0100%	4h	0.04311	+1.126%	$12.3M	$43.0M	75x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit STRKUSDTshort	+0.0100%	4h	0.04309	+1.079%	$14.9M	$19.5M	50x
OKX STRK-USDT-SWAP	+0.0100%	4h	0.04314	+1.196%	$4.6M	$18.4M	50x	as long as short
Gate STRK_USDT	+0.0100%	4h	0.04309	+1.079%	$569K	$1.3M	50x	as long as short
MEXC STRK_USDT	+0.0100%	4h	0.04315	+1.220%	$11.4M	$2.0M	100x	as long as short
KuCoin STRKUSDTM	+0.0100%	4h	0.04313	+1.173%	$1.5M	$1.8M	50x	as long as short
Bitget STRKUSDT	+0.0100%	4h	0.04315	+1.222%	$3.0M	$3.7M	75x	as long as short
BingX STRK-USDT	+0.0100%	4h	0.04314	+1.196%	—	$9.7M	—	as long as short
Variational Omni STRK	+0.0100%	4h	0.04317	+1.273%	$424K	$1.9M	—	as long as short
GRVT STRK_USDT_Perp	+0.0100%	4h	0.04305	+0.980%	$187K	$3.5M	10x	as long as short
SunX STRK-USDT	+0.0100%	4h	0.04411	+3.472%	$1K	$886K	20x	as long as short
Extended STRK-USD	+0.0104%	1h	0.04314	+1.199%	$120K	$874K	10x	as long as short
Backpack STRK_USDC_PERP	+0.0210%	1h	0.04305	+0.985%	$27K	$142K	10x	as long as short
BloFin STRK-USDT	+0.0340%	4h	0.04308	+1.056%	$652K	$764K	75x	as long as short
Deribit STRK_USDC-PERPETUAL	+0.0447%	1h	0.04310	+1.103%	$8K	$43K	25x	as long as short