Funding arb · Price arb /

STRK

all STRK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h −0.265%

Price spread now: KuCoin against dYdX−0.133%7-day average — · you buy dearer than you sell

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

Long on dYdX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 5 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. KuCoin is 0.133% cheaper against dYdX than usual: you would sell low and buy high (spread −0.133% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$13 on $10k: about 4.4 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX STRK-USD	0.04362	0	get 0.0000% / 1h	50m 09s	$20K	$24K	5x
Short	KuCoin STRKUSDTM	0.04356	0.0100	get 0.0050% / 4h	3h 50m	$1.5M	$1.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against dYdX. 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 dYdXbpFee KuCoinbpOrdersPrice spread, now −0.133%Rate

Funding earned: $21
Price spread: −0.133% → 0.000%: −$13.3
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$14.3
Costs to cover: 0.220%
Break-even: 11.8 days

Slippage unknown: dYdX: no order-book sample; KuCoin: live order book, 6 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 dYdX no order-book sample	—	—	—	—	—
Sell KuCoin live order book, 6 min ago	2.29 bp	22.6 bp −$23	69.0 bp −$690	doesn't fit	doesn't fit

dYdX: 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	−0.0576%	1h	0.04342	−0.454%	$62K	$95K	25x	as long as short
Kraken Futures PF_STRKUSD	−0.0401%	1h	0.04356	−0.136%	$465K	$517K	20x	as long as short
Bybit STRKUSDT	−0.0165%	4h	0.04350	−0.271%	$15.3M	$21.5M	50x	as long as short
dYdX STRK-USDlong	0.0000%	1h	0.04362	long leg	$20K	$24K	5x
Injective STRK/USDC PERP	+0.0033%	1h	0.05070	+16.236%	$3K	$38K	5.5x	as long as short
BloFin STRK-USDT	+0.0091%	4h	0.04369	+0.165%	$747K	$727K	75x	as long as short
Paradex STRK-USD-PERP	+0.0100%	8h	0.04356	−0.135%	$8K	$144	20x	as long as short
Hyperliquid STRK	+0.0100%	1h	0.04357	−0.110%	$14.8M	$7.4M	5x	as long as short
Aster STRKUSDT	+0.0100%	4h	0.04359	−0.071%	$33K	$346K	10x	as long as short
Pacifica STRK	+0.0100%	1h	0.04360	−0.041%	$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	0.04355	−0.156%	$12.4M	$49.2M	75x	as long as short
OKX STRK-USDT-SWAP	+0.0100%	4h	0.04353	−0.202%	$4.8M	$22.8M	50x	as long as short
Gate STRK_USDT	+0.0100%	4h	0.04354	−0.179%	$581K	$1.4M	50x	as long as short
MEXC STRK_USDT	+0.0100%	4h	0.04356	−0.133%	$12.4M	$2.2M	100x	as long as short
KuCoin STRKUSDTMshort	+0.0100%	4h	0.04356	−0.133%	$1.5M	$1.9M	50x
Bitget STRKUSDT	+0.0100%	4h	0.04354	−0.179%	$3.1M	$4.0M	75x	as long as short
BingX STRK-USDC	+0.0100%	4h	0.04354	−0.179%	—	$727K	—	as long as short
Backpack STRK_USDC_PERP	+0.0100%	1h	0.04355	−0.156%	$24K	$148K	10x	as long as short
Variational Omni STRK	+0.0100%	4h	0.04360	−0.045%	$352K	$2.0M	—	as long as short
GRVT STRK_USDT_Perp	+0.0100%	4h	0.04365	+0.080%	$189K	$3.5M	10x	as long as short
SunX STRK-USDT	+0.0100%	4h	0.04457	+2.183%	$1K	$838K	20x	as long as short
Extended STRK-USD	+0.0104%	1h	0.04353	−0.211%	$121K	$672K	10x	as long as short
Lighter STRK	+0.0208%	1h	0.04365	+0.073%	$265K	$506K	5x	as long as short
Deribit STRK_USDC-PERPETUAL	+0.0668%	1h	0.04360	−0.041%	$8K	$44K	25x	as long as short