STRK

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC−0.0008%/8h= −0.9% APRnext payment −$0.01 per $10,000 · paid last 24h +0.054%

Price spread now: Lighter against Extended+0.230%7-day average +0.203% · you sell dearer than you buy

Net, funding: paid 7d − costs−$55as in the Funding arb table

Net, price: spread back to 7d avg − costs−$92as in the Price arb table

costs, in and out, $10k−$950.950% of the position

Long on Extended Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days+0.396%+$40 on $10k

Price spread, last 4 days (all we have)−0.008%−$1 · spread now +0.230%, 7d avg +0.203%

Together, before fees+0.388%+ Points / potential airdropExtended: Active · Lighter: Season 3 · farm board+$39 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.027% dearer against Extended than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.203%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended STRK-USD	0.04260	0.0104	pay 0.0013% / 1h	54m 34s	$118K	$875K	10x
Short	Lighter STRK	0.04270	0.0096	get 0.0012% / 1h	54m 34s	$253K	$436K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter 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

Position, each leg$Hold fordaysFee ExtendedbpFee LighterbpOrdersPrice spread, now +0.230%Rate

Funding earned: −$1.68
Price spread: +0.230% → +0.203%: $2.7
Slippage, 4 orders: −$90.02
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Lighter: 0 bp × 2 orders: $0
Net: −$94
Costs to cover: 0.950%
Break-even: never at this rate

Slippage from Extended: live order book, 38 min ago; Lighter: live order book, 30 min ago.

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 Extended live order book, 38 min ago	5.86 bp	21.5 bp −$22	149.3 bp −$1,493	doesn't fit	doesn't fit
Sell Lighter live order book, 30 min ago	11.62 bp	22.7 bp −$23	68.0 bp −$680	doesn't fit	doesn't fit

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	−0.1704%	1h	0.04257	−0.075%	$68K	$87K	25x	as long as short
Kraken Futures PF_STRKUSD	−0.0181%	1h	0.04269	+0.214%	$445K	$484K	20x	as long as short
Bybit STRKUSDT	−0.0008%	4h	0.04257	−0.075%	$14.7M	$19.3M	50x	as long as short
dYdX STRK-USD	0.0000%	1h	0.04268	+0.175%	$20K	$24K	5x	as long as short
Deribit STRK_USDC-PERPETUAL	0.0000%	1h	0.04278	+0.418%	$7K	$33K	25x	as long as short
Injective STRK/USDC PERP	+0.0033%	1h	0.05070	+19.008%	$3K	$38K	5.5x	as long as short
Lighter STRKshort	+0.0096%	1h	0.04270	+0.230%	$253K	$436K	5x
Paradex STRK-USD-PERP	+0.0100%	8h	0.04260	+0.004%	$8K	$1K	20x	as long as short
Hyperliquid STRK	+0.0100%	1h	0.04273	+0.300%	$14.0M	$5.7M	5x	as long as short
Aster STRKUSDT	+0.0100%	4h	0.04269	+0.201%	$33K	$215K	10x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica STRK	+0.0100%	1h	0.04264	+0.080%	$41K	$68K	5x	as long as short
Binance STRKUSDT	+0.0100%	4h	0.04269	+0.206%	$12.2M	$42.2M	75x	as long as short
OKX STRK-USDT-SWAP	+0.0100%	4h	0.04260	−0.005%	$4.6M	$18.0M	50x	as long as short
Gate STRK_USDT	+0.0100%	4h	0.04265	+0.112%	$559K	$1.3M	50x	as long as short
MEXC STRK_USDT	+0.0100%	4h	0.04260	−0.005%	$11.2M	$1.9M	100x	as long as short
KuCoin STRKUSDTM	+0.0100%	4h	0.04262	+0.042%	$1.5M	$1.8M	50x	as long as short
Bitget STRKUSDT	+0.0100%	4h	0.04262	+0.049%	$2.9M	$3.7M	75x	as long as short
BingX STRK-USDC	+0.0100%	4h	0.04261	+0.019%	—	$735K	—	as long as short
Backpack STRK_USDC_PERP	+0.0100%	1h	0.04265	+0.112%	$26K	$141K	10x	as long as short
Variational Omni STRK	+0.0100%	4h	0.04291	+0.715%	$424K	$1.9M	—	as long as short
GRVT STRK_USDT_Perp	+0.0100%	4h	0.04304	+1.027%	$189K	$3.4M	10x	as long as short
SunX STRK-USDT	+0.0100%	4h	0.04379	+2.788%	$2K	$888K	20x	as long as short
Extended STRK-USDlong	+0.0104%	1h	0.04260	long leg	$118K	$875K	10x
BloFin STRK-USDT	+0.0340%	4h	0.04279	+0.441%	$640K	$698K	75x	as long as short