Funding arb · Price arb /

STRK

all STRK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.1092%/8h= +119.6% APRpaid last 24h +0.373%

Price spread now: Gate against Coinbase International+0.418%7-day average +0.231% · you sell dearer than you buy

Net, funding: paid 7d − costs−$21as in the Funding arb table

Net, price: spread back to 7d avg − costs−$115as in the Price arb table

costs, in and out, $10k−$1341.339% of the position

Long on Coinbase International Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+1.132%+$113 on $10k

Price spread, last 4 days (all we have)−0.827%−$83 · spread now +0.418%, 7d avg +0.231%

Together, before fees+0.305%+$31 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$33 a day on $10k at the current rate, and Gate is 0.187% dearer against Coinbase International than usual: you sell high and buy low: +$19 more if the spread goes back to its 7-day average of +0.231%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International STRK-PERP-INTX	0.04309	−0.0992	get 0.0124% / 1h	34m 41s	$70K	$103K	25x
Short	Gate STRK_USDT	0.04327	0.0100	get 0.0050% / 4h	1h 34m	$580K	$1.4M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.418%Rate

Funding earned: $229.32
Price spread: +0.418% → +0.231%: $18.72
Slippage, 4 orders: −$108.86
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: $114.19
Costs to cover: 1.339%
Break-even: 3.5 days

Slippage from Coinbase International: live order book, 34 min ago; Gate: live order book, 3 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 Coinbase International live order book, 34 min ago	12.89 bp	22.5 bp −$23	160.9 bp −$1,609	doesn't fit	doesn't fit
Sell Gate live order book, 3 min ago	3.46 bp	32.2 bp −$32	303.8 bp −$3,038	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-INTXlong	−0.0992%	1h	0.04309	long leg	$70K	$103K	25x
Kraken Futures PF_STRKUSD	−0.0049%	1h	0.04332	+0.530%	$447K	$599K	20x	as long as short
dYdX STRK-USD	0.0000%	1h	0.04329	+0.456%	$20K	$24K	5x	as long as short
Injective STRK/USDC PERP	+0.0033%	1h	0.05070	+17.661%	$3K	$38K	5.5x	as long as short
Lighter STRK	+0.0096%	1h	0.04337	+0.650%	$258K	$442K	5x	as long as short
Paradex STRK-USD-PERP	+0.0100%	8h	0.04329	+0.472%	$8K	$144	20x	as long as short
Hyperliquid STRK	+0.0100%	1h	0.04333	+0.557%	$14.3M	$6.1M	5x	as long as short
Aster STRKUSDT	+0.0100%	4h	0.04335	+0.598%	$33K	$229K	10x	as long as short
Pacifica STRK	+0.0100%	1h	0.04330	+0.492%	$43K	$69K	5x	as long as short
Binance STRKUSDT	+0.0100%	4h	0.04333	+0.557%	$12.3M	$44.6M	75x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit STRKUSDT	+0.0100%	4h	0.04331	+0.511%	$15.1M	$20.3M	50x	as long as short
OKX STRK-USDT-SWAP	+0.0100%	4h	0.04333	+0.557%	$4.7M	$19.3M	50x	as long as short
Gate STRK_USDTshort	+0.0100%	4h	0.04327	+0.418%	$580K	$1.4M	50x
MEXC STRK_USDT	+0.0100%	4h	0.04330	+0.487%	$11.5M	$2.1M	100x	as long as short
KuCoin STRKUSDTM	+0.0100%	4h	0.04330	+0.487%	$1.5M	$1.8M	50x	as long as short
Bitget STRKUSDT	+0.0100%	4h	0.04328	+0.443%	$3.0M	$3.8M	75x	as long as short
BingX STRK-USDT	+0.0100%	4h	0.04330	+0.487%	—	$10.1M	—	as long as short
Variational Omni STRK	+0.0100%	4h	0.04329	+0.458%	$425K	$1.9M	—	as long as short
GRVT STRK_USDT_Perp	+0.0100%	4h	0.04331	+0.515%	$192K	$3.5M	10x	as long as short
SunX STRK-USDT	+0.0100%	4h	0.04431	+2.831%	$2K	$878K	20x	as long as short
Extended STRK-USD	+0.0104%	1h	0.04329	+0.464%	$121K	$482K	10x	as long as short
Backpack STRK_USDC_PERP	+0.0125%	1h	0.04329	+0.464%	$29K	$146K	10x	as long as short
Deribit STRK_USDC-PERPETUAL	+0.0212%	1h	0.04333	+0.557%	$8K	$43K	25x	as long as short
BloFin STRK-USDT	+0.0340%	4h	0.04330	+0.487%	$676K	$783K	75x	as long as short