Funding arb · Price arb /

STRK

all STRK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0236%/8h= +25.9% APRpaid last 24h −0.104%

Price spread now: MEXC against Kraken Futures+0.013%7-day average −0.191% · you sell dearer than you buy

Net, funding: paid 7d − costs−$222as in the Funding arb table

Net, price: spread back to 7d avg − costs−$59as in the Price arb table

costs, in and out, $10k−$800.796% of the position

Long on Kraken Futures Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−1.428%−$143 on $10k

Price spread, last 4 days (all we have)−2.496%−$250 · spread now +0.013%, 7d avg −0.191%

Together, before fees−3.924%−$392 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and MEXC is 0.205% dearer against Kraken Futures than usual: you sell high and buy low: +$20 more if the spread goes back to its 7-day average of −0.191%. Mind the row above: over the last 7 days funding on this pair cost −1.428%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_STRKUSD	0.04312	−0.0136	get 0.0017% / 1h	38m 42s	$454K	$531K	20x
Short	MEXC STRK_USDT	0.04313	0.0100	get 0.0050% / 4h	38m 42s	$12.1M	$2.0M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Kraken Futures. 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 Kraken FuturesbpFee MEXCbpOrdersPrice spread, now +0.013%Rate

Funding earned: $49.64
Price spread: +0.013% → −0.191%: $20.47
Slippage, 4 orders: −$65.59
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$9.48
Costs to cover: 0.796%
Break-even: 8.3 days

Slippage from Kraken Futures: live order book, 19 min ago; MEXC: live order book, 5 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 Kraken Futures live order book, 19 min ago	20.80 bp	29.9 bp −$30	2647.5 bp −$26.5K	doesn't fit	doesn't fit
Sell MEXC live order book, 5 min ago	1.16 bp	8.4 bp −$8	22.3 bp −$223	85.2 bp −$8,519	182.7 bp −$91.4K

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	−0.0976%	1h	0.04290	−0.520%	$75K	$98K	25x	as long as short
Kraken Futures PF_STRKUSDlong	−0.0136%	1h	0.04312	long leg	$454K	$531K	20x
dYdX STRK-USD	0.0000%	1h	0.04317	+0.110%	$20K	$24K	5x	as long as short
Injective STRK/USDC PERP	+0.0033%	1h	0.05070	+17.567%	$3K	$38K	5.5x	as long as short
Lighter STRK	+0.0096%	1h	0.04326	+0.315%	$264K	$501K	5x	as long as short
Paradex STRK-USD-PERP	+0.0100%	8h	0.04311	−0.030%	$8K	$144	20x	as long as short
Hyperliquid STRK	+0.0100%	1h	0.04321	+0.199%	$14.6M	$6.3M	5x	as long as short
Aster STRKUSDT	+0.0100%	4h	0.04316	+0.090%	$33K	$269K	10x	as long as short
Pacifica STRK	+0.0100%	1h	0.04316	+0.083%	$43K	$69K	5x	as long as short
Binance STRKUSDT	+0.0100%	4h	0.04314	+0.026%	$12.4M	$45.2M	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	0.04309	−0.079%	$15.2M	$20.4M	50x	as long as short
OKX STRK-USDT-SWAP	+0.0100%	4h	0.04311	−0.033%	$4.7M	$20.1M	50x	as long as short
Gate STRK_USDT	+0.0100%	4h	0.04312	−0.010%	$567K	$1.4M	50x	as long as short
MEXC STRK_USDTshort	+0.0100%	4h	0.04313	+0.013%	$12.1M	$2.0M	100x
KuCoin STRKUSDTM	+0.0100%	4h	0.04317	+0.106%	$1.5M	$1.8M	50x	as long as short
Bitget STRKUSDT	+0.0100%	4h	0.04314	+0.030%	$3.0M	$3.7M	75x	as long as short
BingX STRK-USDT	+0.0100%	4h	0.04312	−0.010%	—	$26.1M	—	as long as short
Backpack STRK_USDC_PERP	+0.0100%	1h	0.04312	−0.010%	$30K	$144K	10x	as long as short
Variational Omni STRK	+0.0100%	4h	0.04314	+0.030%	$427K	$2.0M	—	as long as short
GRVT STRK_USDT_Perp	+0.0100%	4h	0.04325	+0.284%	$186K	$3.6M	10x	as long as short
SunX STRK-USDT	+0.0100%	4h	0.04415	+2.379%	$1K	$839K	20x	as long as short
Extended STRK-USD	+0.0104%	1h	0.04309	−0.069%	$119K	$659K	10x	as long as short
Deribit STRK_USDC-PERPETUAL	+0.0214%	1h	0.04313	+0.013%	$8K	$44K	25x	as long as short
BloFin STRK-USDT	+0.0340%	4h	0.04316	+0.083%	$755K	$825K	75x	as long as short