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

STRK

all STRK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0112%/8h= +12.3% APRnext payment +$0.14 per $10,000 · paid last 24h +0.089%
Price spread now: Lighter against Extended+0.153%7-day average +0.197% · you sell dearer than you buy
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$86as in the Price arb table
costs, in and out, $10k−$820.820% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.384%+$38 on $10k
Price spread, last 4 days (all we have)+0.152%+$15 · spread now +0.153%, 7d avg +0.197%
Together, before fees+0.536%+ Points / potential airdropExtended: Active · Lighter: Season 3 · farm board+$54 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter is 0.044% cheaper against Extended than usual: you would sell low and buy high (spread +0.153% now, against its 7-day average of +0.197%). If the spread goes back, that is −$4 on $10k: about 32 hours of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended STRK-USD0.043610.0104pay 0.0013% / 1h55m 41s$121K$622K10x
ShortLighter STRK0.043680.0216get 0.0027% / 1h55m 41s$267K$505K5x

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

Funding earned
$23.52
Price spread: +0.153% → +0.197%
−$4.43
Slippage, 4 orders
−$77.03
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Lighter: 0 bp × 2 orders
$0
Net
−$62.93
Costs to cover
0.820%
Break-even
25.7 days
Slippage from Extended: live order book, 17 min ago; Lighter: live order book, 9 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, 17 min ago4.56 bp21.4 bp −$21134.1 bp −$1,341doesn't fitdoesn't fit
Sell Lighter live order book, 9 min ago9.13 bp20.0 bp −$2069.9 bp −$699doesn'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−0.0576%1h0.04342−0.443%$62K$95K25xas long as short
Kraken Futures PF_STRKUSD−0.0399%1h0.04376+0.330%$468K$516K20xas long as short
Bybit STRKUSDT−0.0113%4h0.04350−0.260%$15.3M$21.5M50xas long as short
dYdX STRK-USD0.0000%1h0.04360−0.033%$20K$24K5xas long as short
Injective STRK/USDC PERP+0.0033%1h0.05070+16.249%$3K$38K5.5xas long as short
Paradex STRK-USD-PERP+0.0100%8h0.04355−0.142%$8K$14420xas long as short
Hyperliquid STRK+0.0100%1h0.04360−0.030%$14.8M$7.4M5xas long as short
Aster STRKUSDT+0.0100%4h0.04363+0.043%$33K$350K10xas long as short
Pacifica STRK+0.0100%1h0.04360−0.030%$43K$69K5xas long as short
Binance STRKUSDT+0.0100%4h0.04358−0.078%$12.5M$49.3M75xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX STRK-USDT-SWAP+0.0100%4h0.04353−0.191%$4.8M$22.9M50xas long as short
Gate STRK_USDT+0.0100%4h0.04356−0.122%$582K$1.4M50xas long as short
MEXC STRK_USDT+0.0100%4h0.04359−0.053%$12.3M$2.1M100xas long as short
KuCoin STRKUSDTM+0.0100%4h0.04360−0.030%$1.5M$1.9M50xas long as short
Bitget STRKUSDT+0.0100%4h0.04355−0.140%$3.1M$4.0M75xas long as short
BingX STRK-USDC+0.0100%4h0.04360−0.030%$725Kas long as short
Backpack STRK_USDC_PERP+0.0100%1h0.04366+0.107%$24K$148K10xas long as short
Variational Omni STRK+0.0100%4h0.04375+0.312%$353K$2.0Mas long as short
GRVT STRK_USDT_Perp+0.0100%4h0.04376+0.326%$193K$3.6M10xas long as short
SunX STRK-USDT+0.0100%4h0.04478+2.675%$1K$836K20xas long as short
Extended STRK-USDlong+0.0104%1h0.04361long leg$121K$622K10x
BloFin STRK-USDT+0.0137%4h0.04376+0.337%$748K$728K75xas long as short
Lighter STRKshort+0.0216%1h0.04368+0.153%$267K$505K5x
Deribit STRK_USDC-PERPETUAL+0.0665%1h0.04376+0.337%$8K$44K25xas long as short