Funding arb · Price arb /

STRK

all STRK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0326%/8h= −35.7% APRpaid last 24h −0.177%

Price spread now: Aster against Deribit−0.076%7-day average — · you buy dearer than you sell

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

Long on Deribit Short on Aster

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Aster is 0.076% cheaper against Deribit than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit STRK_USDC-PERPETUAL	0.04443	0.0426	pay 0.0053% / 1h	23m 59s	$8K	$24K	25x
Short	Aster STRKUSDT	0.04440	0.0100	get 0.0050% / 4h	2h 23m	$35K	$374K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Deribit. 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 DeribitbpFee AsterbpOrdersPrice spread, now −0.076%Rate

Funding earned: −$68.39
Price spread: −0.076% → 0.000%: −$7.61
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Aster: 4 bp × 2 orders: −$8
Net: −$91
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: Deribit: no order-book sample; Aster: live order book, 63 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 Deribit no order-book sample	—	—	—	—	—
Sell Aster live order book, 63 min ago	12.37 bp	25.1 bp −$25	doesn't fit	doesn't fit	doesn't fit

Deribit: 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-INTX	−0.0352%	1h	0.04434	−0.203%	$63K	$92K	25x	as long as short
dYdX STRK-USD	0.0000%	1h	0.04447	+0.099%	$21K	$24K	5x	as long as short
Injective STRK/USDC PERP	+0.0033%	1h	0.05070	+14.112%	$3K	$38K	5.5x	as long as short
Paradex STRK-USD-PERP	+0.0100%	8h	0.04445	+0.051%	$8K	$144	20x	as long as short
Hyperliquid STRK	+0.0100%	1h	0.04439	−0.090%	$15.3M	$7.2M	5x	as long as short
Aster STRKUSDTshort	+0.0100%	4h	0.04440	−0.076%	$35K	$374K	10x
Pacifica STRK	+0.0100%	1h	0.04449	+0.146%	$44K	$69K	5x	as long as short
Binance STRKUSDT	+0.0100%	4h	0.04435	−0.190%	$12.8M	$50.2M	75x	as long as short
Bybit STRKUSDT	+0.0100%	4h	0.04434	−0.203%	$15.7M	$21.1M	50x	as long as short
OKX STRK-USDT-SWAP	+0.0100%	4h	0.04433	−0.225%	$4.9M	$23.9M	50x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate STRK_USDT	+0.0100%	4h	0.04440	−0.068%	$595K	$1.5M	50x	as long as short
MEXC STRK_USDT	+0.0100%	4h	0.04438	−0.113%	$11.7M	$2.2M	100x	as long as short
KuCoin STRKUSDTM	+0.0100%	4h	0.04440	−0.068%	$1.5M	$1.9M	50x	as long as short
Bitget STRKUSDT	+0.0100%	4h	0.04436	−0.167%	$3.1M	$4.1M	75x	as long as short
BingX STRK-USDC	+0.0100%	4h	0.04437	−0.135%	—	$725K	—	as long as short
Backpack STRK_USDC_PERP	+0.0100%	1h	0.04435	−0.180%	$25K	$152K	10x	as long as short
Variational Omni STRK	+0.0100%	4h	0.04439	−0.082%	$360K	$1.7M	—	as long as short
GRVT STRK_USDT_Perp	+0.0100%	4h	0.04437	−0.128%	$191K	$3.5M	10x	as long as short
SunX STRK-USDT	+0.0100%	4h	0.04547	+2.341%	$2K	$816K	20x	as long as short
Extended STRK-USD	+0.0104%	1h	0.04433	−0.227%	$123K	$626K	10x	as long as short
BloFin STRK-USDT	+0.0139%	4h	0.04449	+0.135%	$789K	$729K	75x	as long as short
Lighter STRK	+0.0208%	1h	0.04449	+0.135%	$274K	$541K	5x	as long as short
Kraken Futures PF_STRKUSD	+0.0335%	1h	0.04444	+0.020%	$473K	$492K	20x	as long as short
Deribit STRK_USDC-PERPETUALlong	+0.0426%	1h	0.04443	long leg	$8K	$24K	25x