Funding arb · Price arb /

STRK

all STRK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h −0.167%

Price spread now: MEXC against dYdX−0.028%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 MEXC

What this pair did over the last

the charts below follow

Funding, last 6 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 0.028% cheaper against dYdX than usual: you would sell low and buy high (spread −0.028% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 23 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	dYdX STRK-USD	0.04329	0	get 0.0000% / 1h	21m 25s	$20K	$24K	5x
Short	MEXC STRK_USDT	0.04328	0.0100	get 0.0050% / 4h	3h 21m	$12.1M	$2.0M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.028%Rate

Funding earned: $21
Price spread: −0.028% → 0.000%: −$2.82
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee MEXC: 2 bp × 2 orders: −$4
Net: $4.18
Costs to cover: 0.140%
Break-even: 5.6 days

Slippage unknown: dYdX: no order-book sample; MEXC: live order book, 2 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 MEXC live order book, 2 min ago	1.16 bp	9.2 bp −$9	23.0 bp −$230	82.3 bp −$8,230	179.8 bp −$89.9K

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	−0.1032%	1h	0.04316	−0.305%	$71K	$104K	25x	as long as short
dYdX STRK-USDlong	0.0000%	1h	0.04329	long leg	$20K	$24K	5x
Injective STRK/USDC PERP	+0.0033%	1h	0.05070	+17.111%	$3K	$38K	5.5x	as long as short
Kraken Futures PF_STRKUSD	+0.0059%	1h	0.04331	+0.041%	$457K	$570K	20x	as long as short
Lighter STRK	+0.0096%	1h	0.04332	+0.064%	$264K	$464K	5x	as long as short
Paradex STRK-USD-PERP	+0.0100%	8h	0.04327	−0.058%	$8K	$144	20x	as long as short
Hyperliquid STRK	+0.0100%	1h	0.04336	+0.157%	$14.6M	$6.2M	5x	as long as short
Aster STRKUSDT	+0.0100%	4h	0.04328	−0.028%	$33K	$229K	10x	as long as short
Pacifica STRK	+0.0100%	1h	0.04330	+0.013%	$43K	$69K	5x	as long as short
Binance STRKUSDT	+0.0100%	4h	0.04331	+0.041%	$12.4M	$44.6M	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	0.04327	−0.051%	$15.2M	$20.0M	50x	as long as short
OKX STRK-USDT-SWAP	+0.0100%	4h	0.04330	+0.018%	$4.7M	$19.7M	50x	as long as short
Gate STRK_USDT	+0.0100%	4h	0.04324	−0.121%	$568K	$1.4M	50x	as long as short
MEXC STRK_USDTshort	+0.0100%	4h	0.04328	−0.028%	$12.1M	$2.0M	100x
KuCoin STRKUSDTM	+0.0100%	4h	0.04327	−0.051%	$1.5M	$1.8M	50x	as long as short
Bitget STRKUSDT	+0.0100%	4h	0.04330	+0.009%	$3.1M	$3.8M	75x	as long as short
BingX STRK-USDT	+0.0100%	4h	0.04327	−0.051%	—	$9.3M	—	as long as short
Backpack STRK_USDC_PERP	+0.0100%	1h	0.04315	−0.328%	$30K	$144K	10x	as long as short
Variational Omni STRK	+0.0100%	4h	0.04322	−0.162%	$429K	$1.9M	—	as long as short
GRVT STRK_USDT_Perp	+0.0100%	4h	0.04319	−0.226%	$190K	$3.5M	10x	as long as short
SunX STRK-USDT	+0.0100%	4h	0.04430	+2.328%	$1K	$847K	20x	as long as short
Extended STRK-USD	+0.0104%	1h	0.04329	+0.002%	$119K	$599K	10x	as long as short
Deribit STRK_USDC-PERPETUAL	+0.0212%	1h	0.04335	+0.133%	$8K	$44K	25x	as long as short
BloFin STRK-USDT	+0.0340%	4h	0.04320	−0.213%	$726K	$772K	75x	as long as short