Funding arb · Price arb /

STRK

all STRK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h −0.144%

Price spread now: MEXC against Deribit−0.047%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 MEXC

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—needs both histories

Funding pays, the price is against you. MEXC is 0.047% cheaper against Deribit than usual: you would sell low and buy high (spread −0.047% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 38 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit STRK_USDC-PERPETUAL	0.04228	0	get 0.0000% / 1h	27m 03s	$8K	$43K	25x
Short	MEXC STRK_USDT	0.04226	0.0100	get 0.0050% / 4h	2h 27m	$11.3M	$2.1M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.047%Rate

Funding earned: $21
Price spread: −0.047% → 0.000%: −$4.73
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee MEXC: 2 bp × 2 orders: −$4
Net: $5.27
Costs to cover: 0.110%
Break-even: 5.2 days

Slippage unknown: Deribit: no order-book sample; MEXC: live order book, 1 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 MEXC live order book, 1 min ago	1.18 bp	8.5 bp −$8	25.7 bp −$257	91.9 bp −$9,187	185.9 bp −$93.0K

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	−0.0904%	1h	0.04227	−0.024%	$69K	$99K	25x	as long as short
Kraken Futures PF_STRKUSD	−0.0193%	1h	0.04229	+0.032%	$442K	$587K	20x	as long as short
dYdX STRK-USD	0.0000%	1h	0.04236	+0.185%	$20K	$24K	5x	as long as short
Deribit STRK_USDC-PERPETUALlong	0.0000%	1h	0.04228	long leg	$8K	$43K	25x
Injective STRK/USDC PERP	+0.0033%	1h	0.05070	+19.915%	$3K	$38K	5.5x	as long as short
Lighter STRK	+0.0096%	1h	0.04234	+0.142%	$252K	$443K	5x	as long as short
Paradex STRK-USD-PERP	+0.0099%	8h	0.04230	+0.051%	$8K	$144	20x	as long as short
Hyperliquid STRK	+0.0100%	1h	0.04228	0.000%	$14.0M	$6.4M	5x	as long as short
Aster STRKUSDT	+0.0100%	4h	0.04227	−0.022%	$32K	$229K	10x	as long as short
Pacifica STRK	+0.0100%	1h	0.04236	+0.189%	$42K	$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	0.04223	−0.118%	$11.9M	$44.8M	75x	as long as short
Bybit STRKUSDT	+0.0100%	4h	0.04220	−0.189%	$14.7M	$20.2M	50x	as long as short
OKX STRK-USDT-SWAP	+0.0100%	4h	0.04226	−0.047%	$4.6M	$19.2M	50x	as long as short
Gate STRK_USDT	+0.0100%	4h	0.04223	−0.118%	$559K	$1.4M	50x	as long as short
MEXC STRK_USDTshort	+0.0100%	4h	0.04226	−0.047%	$11.3M	$2.1M	100x
KuCoin STRKUSDTM	+0.0100%	4h	0.04230	+0.047%	$1.5M	$1.9M	50x	as long as short
Bitget STRKUSDT	+0.0100%	4h	0.04226	−0.057%	$3.0M	$3.9M	75x	as long as short
BingX STRK-USDT	+0.0100%	4h	0.04225	−0.071%	—	$10.1M	—	as long as short
Backpack STRK_USDC_PERP	+0.0100%	1h	0.04226	−0.047%	$26K	$143K	10x	as long as short
Variational Omni STRK	+0.0100%	4h	0.04235	+0.162%	$416K	$1.9M	—	as long as short
GRVT STRK_USDT_Perp	+0.0100%	4h	0.04237	+0.223%	$184K	$3.5M	10x	as long as short
SunX STRK-USDT	+0.0100%	4h	0.04333	+2.483%	$1K	$867K	20x	as long as short
Extended STRK-USD	+0.0104%	1h	0.04225	−0.082%	$119K	$474K	10x	as long as short
BloFin STRK-USDT	+0.0340%	4h	0.04227	−0.024%	$683K	$764K	75x	as long as short