Funding you earn now, next payment 05:00 UTC+0.0059%/8h= +6.5% APRnext payment +$0.07 per $10,000 · paid last 24h −0.069%
Price spread now: Kraken Futures against Deribit+0.023%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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—needs both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Kraken Futures is 0.023% dearer against Deribit than usual: you sell high and buy low: +$2 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 | Deribit STRK_USDC-PERPETUAL | 0.04318 | 0 | get 0.0000% / 1h | 21m 56s | $8K | $44K | 25x |
| Short | Kraken Futures PF_STRKUSD | 0.04319 | 0.0059 | get 0.0007% / 1h | 21m 56s | $455K | $569K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Deribit. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $12.46
- Price spread: +0.023% → 0.000%
- $2.31
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$2.23
- Costs to cover
- 0.170%
- Break-even
- 8.3 days
Slippage unknown: Deribit: no order-book sample; Kraken Futures: live order book, 31 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 Kraken Futures live order book, 31 min ago | 18.48 bp | 40.7 bp −$41 | 529.1 bp −$5,291 | 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 | −0.1032% | 1h | 0.04316 | −0.046% | $71K | $104K | 25x | as long as short |
| dYdX STRK-USD | 0.0000% | 1h | 0.04319 | +0.028% | $20K | $24K | 5x | as long as short |
| Deribit STRK_USDC-PERPETUALlong | 0.0000% | 1h | 0.04318 | long leg | $8K | $44K | 25x | |
| Injective STRK/USDC PERP | +0.0033% | 1h | 0.05070 | +17.415% | $3K | $38K | 5.5x | as long as short |
| Kraken Futures PF_STRKUSDshort | +0.0059% | 1h | 0.04319 | +0.023% | $455K | $569K | 20x | |
| Lighter STRK | +0.0096% | 1h | 0.04325 | +0.162% | $264K | $464K | 5x | as long as short |
| Paradex STRK-USD-PERP | +0.0100% | 8h | 0.04313 | −0.116% | $8K | $144 | 20x | as long as short |
| Hyperliquid STRK | +0.0100% | 1h | 0.04321 | +0.069% | $14.5M | $6.2M | 5x | as long as short |
| Aster STRKUSDT | +0.0100% | 4h | 0.04321 | +0.073% | $33K | $229K | 10x | as long as short |
| Pacifica STRK | +0.0100% | 1h | 0.04319 | +0.023% | $43K | $69K | 5x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance STRKUSDT | +0.0100% | 4h | 0.04322 | +0.093% | $12.4M | $44.6M | 75x | as long as short |
| Bybit STRKUSDT | +0.0100% | 4h | 0.04319 | +0.023% | $15.2M | $20.0M | 50x | as long as short |
| OKX STRK-USDT-SWAP | +0.0100% | 4h | 0.04323 | +0.116% | $4.7M | $19.7M | 50x | as long as short |
| Gate STRK_USDT | +0.0100% | 4h | 0.04319 | +0.023% | $568K | $1.4M | 50x | as long as short |
| MEXC STRK_USDT | +0.0100% | 4h | 0.04321 | +0.069% | $12.1M | $2.0M | 100x | as long as short |
| KuCoin STRKUSDTM | +0.0100% | 4h | 0.04316 | −0.046% | $1.5M | $1.8M | 50x | as long as short |
| Bitget STRKUSDT | +0.0100% | 4h | 0.04322 | +0.095% | $3.1M | $3.8M | 75x | as long as short |
| BingX STRK-USDC | +0.0100% | 4h | 0.04322 | +0.093% | — | $725K | — | as long as short |
| Backpack STRK_USDC_PERP | +0.0100% | 1h | 0.04315 | −0.069% | $30K | $144K | 10x | as long as short |
| Variational Omni STRK | +0.0100% | 4h | 0.04322 | +0.097% | $429K | $1.9M | — | as long as short |
| GRVT STRK_USDT_Perp | +0.0100% | 4h | 0.04319 | +0.033% | $190K | $3.5M | 10x | as long as short |
| SunX STRK-USDT | +0.0100% | 4h | 0.04415 | +2.246% | $1K | $847K | 20x | as long as short |
| Extended STRK-USD | +0.0104% | 1h | 0.04315 | −0.062% | $119K | $612K | 10x | as long as short |
| BloFin STRK-USDT | +0.0340% | 4h | 0.04320 | +0.046% | $726K | $772K | 75x | as long as short |
Deribit STRK_USDC-PERPETUAL
Kraken Futures PF_STRKUSD
Coinbase International STRK-PERP-INTX
Injective STRK/USDC PERP
Lighter STRK
Paradex STRK-USD-PERP
Hyperliquid STRK
Aster STRKUSDT
Pacifica STRK
Binance STRKUSDT
Bybit STRKUSDT
OKX STRK-USDT-SWAP
Gate STRK_USDT
MEXC STRK_USDT
KuCoin STRKUSDTM
Bitget STRKUSDT
BingX STRK-USDC
Backpack STRK_USDC_PERP
Variational Omni STRK
GRVT STRK_USDT_Perp
SunX STRK-USDT
Extended STRK-USD
BloFin STRK-USDT