Settings8H · net · $10k
Funding arb · Price arb /

STRK

all STRK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0473%/8h= −51.8% APRnext payment $0.59 per $10,000 · paid last 24h +0.131%
Price spread now: Kraken Futures against Extended+0.133%7-day average +0.271% · you sell dearer than you buy
Net, funding: paid 7d − costs+$37as in the Funding arb table
Net, price: spread back to 7d avg − costs−$118as in the Price arb table
costs, in and out, $10k−$1041.039% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+1.413%+$141 on $10k
Price spread, last 4 days (all we have)+5.568%+$557 · spread now +0.133%, 7d avg +0.271%
Together, before fees+6.981%+ Points / potential airdropExtended: Active · farm board+$698 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and Kraken Futures is 0.138% cheaper against Extended than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of +0.271%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +1.413%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended STRK-USD0.043160.0104pay 0.0013% / 1h6m 20s$122K$665K10x
ShortKraken Futures PF_STRKUSD0.04322−0.0369pay 0.0046% / 1h6m 20s$451K$537K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against Extended. 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

Funding earned
−$99.35
Price spread: +0.133% → +0.271%
−$13.82
Slippage, 4 orders
−$88.93
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$217.1
Costs to cover
1.039%
Break-even
never at this rate
Slippage from Extended: live order book, 57 min ago; Kraken Futures: live order book, 57 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 57 min ago6.92 bp22.2 bp −$22161.9 bp −$1,619doesn't fitdoesn't fit
Sell Kraken Futures live order book, 57 min ago9.21 bp31.1 bp −$31361.6 bp −$3,616doesn't fitdoesn't fit

STRK on 24 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International STRK-PERP-INTX−0.0952%1h0.04312−0.101%$75K$100K25xas long as short
Kraken Futures PF_STRKUSDshort−0.0369%1h0.04322+0.133%$451K$537K20x
dYdX STRK-USD0.0000%1h0.04332+0.353%$20K$24K5xas long as short
Injective STRK/USDC PERP+0.0033%1h0.05070+17.460%$3K$38K5.5xas long as short
Paradex STRK-USD-PERP+0.0100%8h0.04322+0.134%$8K$14420xas long as short
Hyperliquid STRK+0.0100%1h0.04328+0.269%$14.6M$6.8M5xas long as short
Aster STRKUSDT+0.0100%4h0.04325+0.203%$33K$328K10xas long as short
Pacifica STRK+0.0100%1h0.04330+0.311%$43K$69K5xas long as short
Binance STRKUSDT+0.0100%4h0.04318+0.038%$12.4M$46.1M75xas long as short
Bybit STRKUSDT+0.0100%4h0.04316−0.009%$15.1M$20.7M50xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX STRK-USDT-SWAP+0.0100%4h0.04318+0.038%$4.7M$20.7M50xas long as short
Gate STRK_USDT+0.0100%4h0.04314−0.055%$570K$1.4M50xas long as short
MEXC STRK_USDT+0.0100%4h0.04321+0.107%$12.1M$2.0M100xas long as short
KuCoin STRKUSDTM+0.0100%4h0.04327+0.246%$1.5M$1.8M50xas long as short
Bitget STRKUSDT+0.0100%4h0.04319+0.054%$3.1M$3.8M75xas long as short
BingX STRK-USDC+0.0100%4h0.04322+0.130%$730Kas long as short
Backpack STRK_USDC_PERP+0.0100%1h0.04331+0.339%$24K$138K10xas long as short
Variational Omni STRK+0.0100%4h0.04343+0.609%$432K$2.1Mas long as short
GRVT STRK_USDT_Perp+0.0100%4h0.04338+0.503%$189K$3.6M10xas long as short
SunX STRK-USDT+0.0100%4h0.04425+2.517%$1K$840K20xas long as short
Extended STRK-USDlong+0.0104%1h0.04316long leg$122K$665K10x
Lighter STRK+0.0152%1h0.04329+0.292%$264K$505K5xas long as short
BloFin STRK-USDT+0.0340%4h0.04332+0.362%$751K$839K75xas long as short
Deribit STRK_USDC-PERPETUAL+0.0445%1h0.04322+0.130%$8K$44K25xas long as short