Funding arb · Price arb /

STRK

all STRK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0676%/8h= +74.0% APRpaid last 24h +0.308%

Price spread now: Paradex against Coinbase International+0.511%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 Paradex

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropParadex: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$20 a day on $10k at the current rate, and Paradex is 0.511% dearer against Coinbase International than usual: you sell high and buy low: +$51 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	0.04327	−0.0576	get 0.0072% / 1h	28m 09s	$61K	$94K	25x
Short	Paradex STRK-USD-PERP	0.04349	0.0100	get 0.0100% / 8h	7h 28m	$8K	$144	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex 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 ParadexbpOrdersPrice spread, now +0.511%Rate

Funding earned: $141.95
Price spread: +0.511% → 0.000%: $51.13
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Paradex: 2 bp × 2 orders: −$4
Net: $179.08
Costs to cover: 0.140%
Break-even: from the start

Slippage unknown: Coinbase International: no order-book sample; Paradex: 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 Coinbase International no order-book sample	—	—	—	—	—
Sell Paradex no order-book sample	—	—	—	—	—

Coinbase International and Paradex: 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	−0.0576%	1h	0.04327	long leg	$61K	$94K	25x
Kraken Futures PF_STRKUSD	−0.0401%	1h	0.04350	+0.532%	$462K	$523K	20x	as long as short
dYdX STRK-USD	0.0000%	1h	0.04349	+0.511%	$20K	$24K	5x	as long as short
Injective STRK/USDC PERP	+0.0033%	1h	0.05070	+17.171%	$3K	$38K	5.5x	as long as short
BloFin STRK-USDT	+0.0079%	4h	0.04340	+0.300%	$746K	$716K	75x	as long as short
Paradex STRK-USD-PERPshort	+0.0100%	8h	0.04349	+0.511%	$8K	$144	20x
Hyperliquid STRK	+0.0100%	1h	0.04352	+0.578%	$14.8M	$7.3M	5x	as long as short
Aster STRKUSDT	+0.0100%	4h	0.04348	+0.491%	$33K	$346K	10x	as long as short
Pacifica STRK	+0.0100%	1h	0.04348	+0.483%	$43K	$69K	5x	as long as short
Binance STRKUSDT	+0.0100%	4h	0.04350	+0.525%	$12.4M	$48.8M	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	0.04347	+0.462%	$15.2M	$21.5M	50x	as long as short
OKX STRK-USDT-SWAP	+0.0100%	4h	0.04349	+0.508%	$4.8M	$22.7M	50x	as long as short
Gate STRK_USDT	+0.0100%	4h	0.04346	+0.439%	$580K	$1.4M	50x	as long as short
MEXC STRK_USDT	+0.0100%	4h	0.04348	+0.485%	$12.4M	$2.2M	100x	as long as short
KuCoin STRKUSDTM	+0.0100%	4h	0.04350	+0.532%	$1.5M	$1.9M	50x	as long as short
Bitget STRKUSDT	+0.0100%	4h	0.04347	+0.474%	$3.0M	$4.0M	75x	as long as short
BingX STRK-USDC	+0.0100%	4h	0.04348	+0.485%	—	$728K	—	as long as short
Backpack STRK_USDC_PERP	+0.0100%	1h	0.04349	+0.508%	$24K	$147K	10x	as long as short
Variational Omni STRK	+0.0100%	4h	0.04335	+0.181%	$350K	$2.0M	—	as long as short
GRVT STRK_USDT_Perp	+0.0100%	4h	0.04342	+0.348%	$186K	$3.5M	10x	as long as short
SunX STRK-USDT	+0.0100%	4h	0.04449	+2.820%	$2K	$840K	20x	as long as short
Extended STRK-USD	+0.0104%	1h	0.04348	+0.475%	$123K	$659K	10x	as long as short
Lighter STRK	+0.0296%	1h	0.04359	+0.740%	$265K	$506K	5x	as long as short
Deribit STRK_USDC-PERPETUAL	+0.0900%	1h	0.04353	+0.601%	$8K	$44K	25x	as long as short