Funding you earn now, next payment 07:00 UTC−0.0118%/8h= −13.0% APRnext payment −$0.15 per $10,000 · paid last 24h −0.072%
Price spread now: Lighter against Deribit+0.209%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—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
The price spread pays, funding is against you. Lighter is 0.209% dearer against Deribit than usual: you sell high and buy low (spread +0.209% now, against zero (this spread has no 7-day history yet)): +$21 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 5.9 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit STRK_USDC-PERPETUAL | 0.04309 | 0.0214 | pay 0.0027% / 1h | 3m 31s | $8K | $43K | 25x |
| Short | Lighter STRK | 0.04318 | 0.0096 | get 0.0012% / 1h | 3m 31s | $256K | $444K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- −$24.86
- Price spread: +0.209% → 0.000%
- $20.89
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$10.97
- Costs to cover
- 0.070%
- Break-even
- from the start
Slippage unknown: Deribit: no order-book sample; Lighter: 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 Lighter live order book, 31 min ago | 5.76 bp | 14.3 bp −$14 | 65.2 bp −$652 | 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 | −0.0992% | 1h | 0.04271 | −0.882% | $70K | $88K | 25x | as long as short |
| Kraken Futures PF_STRKUSD | −0.0050% | 1h | 0.04306 | −0.068% | $448K | $585K | 20x | as long as short |
| dYdX STRK-USD | 0.0000% | 1h | 0.04312 | +0.074% | $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 STRKshort | +0.0096% | 1h | 0.04318 | +0.209% | $256K | $444K | 5x | |
| Paradex STRK-USD-PERP | +0.0100% | 8h | 0.04308 | −0.019% | $8K | $144 | 20x | as long as short |
| Hyperliquid STRK | +0.0100% | 1h | 0.04315 | +0.139% | $14.3M | $6.0M | 5x | as long as short |
| Aster STRKUSDT | +0.0100% | 4h | 0.04312 | +0.059% | $33K | $229K | 10x | as long as short |
| Pacifica STRK | +0.0100% | 1h | 0.04313 | +0.093% | $43K | $65K | 5x | as long as short |
| Binance STRKUSDT | +0.0100% | 4h | 0.04308 | −0.023% | $12.3M | $44.2M | 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 | 0.04306 | −0.070% | $15.0M | $20.2M | 50x | as long as short |
| OKX STRK-USDT-SWAP | +0.0100% | 4h | 0.04309 | 0.000% | $4.6M | $19.0M | 50x | as long as short |
| Gate STRK_USDT | +0.0100% | 4h | 0.04306 | −0.070% | $578K | $1.4M | 50x | as long as short |
| MEXC STRK_USDT | +0.0100% | 4h | 0.04307 | −0.046% | $11.5M | $2.1M | 100x | as long as short |
| KuCoin STRKUSDTM | +0.0100% | 4h | 0.04310 | +0.023% | $1.5M | $1.8M | 50x | as long as short |
| Bitget STRKUSDT | +0.0100% | 4h | 0.04310 | +0.021% | $3.0M | $3.8M | 75x | as long as short |
| BingX STRK-USDT | +0.0100% | 4h | 0.04308 | −0.023% | — | $10.1M | — | as long as short |
| Backpack STRK_USDC_PERP | +0.0100% | 1h | 0.04307 | −0.046% | $29K | $144K | 10x | as long as short |
| Variational Omni STRK | +0.0100% | 4h | 0.04310 | +0.017% | $423K | $1.9M | — | as long as short |
| GRVT STRK_USDT_Perp | +0.0100% | 4h | 0.04305 | −0.083% | $187K | $3.5M | 10x | as long as short |
| SunX STRK-USDT | +0.0100% | 4h | 0.04404 | +2.205% | $1K | $880K | 20x | as long as short |
| Extended STRK-USD | +0.0104% | 1h | 0.04306 | −0.063% | $120K | $436K | 10x | as long as short |
| Deribit STRK_USDC-PERPETUALlong | +0.0214% | 1h | 0.04309 | long leg | $8K | $43K | 25x | |
| BloFin STRK-USDT | +0.0340% | 4h | 0.04306 | −0.070% | $673K | $778K | 75x | as long as short |
Deribit STRK_USDC-PERPETUAL
Lighter STRK
Coinbase International STRK-PERP-INTX
Kraken Futures PF_STRKUSD
Injective STRK/USDC PERP
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-USDT
Backpack STRK_USDC_PERP
Variational Omni STRK
GRVT STRK_USDT_Perp
SunX STRK-USDT
Extended STRK-USD
BloFin STRK-USDT