Funding you earn now, next payment 23:00 UTC−0.0175%/8h= −19.2% APRpaid last 24h −0.062%
Price spread now: BloFin against Lighter−0.091%90s7-day average −0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs−$101as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$700.702% of the position
Funding, last 7 days−0.306%−$31 on $10k
+Price spread, last 3 days (all we have)+3.807%+$381 · spread now −0.091%, 7d avg −0.035%
=Together, before fees+3.501%+ Points / potential airdropLighter: Season 3 · farm board+$350 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and BloFin is 0.055% cheaper against Lighter than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.035%). Swap the legs. The two prices were read 90 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter STRK | 0.04411 | 0.0264 | pay 0.0033% / 1h | 59m 39s | $272K | $540K | 5x |
| Short | BloFin STRK-USDT | 0.04407 | 0.0089 | get 0.0045% / 4h | 1h 59m | $774K | $729K | 75x |
Lighter STRK
BloFin STRK-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Lighter. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$36.74
- Price spread: −0.091% → −0.035%
- −$5.52
- Slippage, 4 orders
- −$58.21
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$112.47
- Costs to cover
- 0.702%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 16 min ago; BloFin: live order book, 22 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 Lighter live order book, 16 min ago | 9.06 bp | 19.9 bp −$20 | 60.6 bp −$606 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 22 min ago | 2.26 bp | 9.9 bp −$10 | 28.7 bp −$287 | 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 | −0.0352% | 1h | 0.04397 | −0.317% | $63K | $95K | 25x | as long as short |
| dYdX STRK-USD | 0.0000% | 1h | 0.04402 | −0.209% | $21K | $24K | 5x | as long as short |
| Injective STRK/USDC PERP | +0.0033% | 1h | 0.05070 | +14.940% | $3K | $38K | 5.5x | as long as short |
| BloFin STRK-USDTshort | +0.0089% | 4h | 0.04407 | −0.091% | $774K | $729K | 75x | |
| Paradex STRK-USD-PERP | +0.0100% | 8h | 0.04398 | −0.291% | $8K | $144 | 20x | as long as short |
| Hyperliquid STRK | +0.0100% | 1h | 0.04407 | −0.091% | $15.2M | $7.3M | 5x | as long as short |
| Aster STRKUSDT | +0.0100% | 4h | 0.04401 | −0.223% | $34K | $363K | 10x | as long as short |
| Pacifica STRK | +0.0100% | 1h | 0.04401 | −0.234% | $44K | $69K | 5x | as long as short |
| Binance STRKUSDT | +0.0100% | 4h | 0.04401 | −0.227% | $12.7M | $50.2M | 75x | as long as short |
| Bybit STRKUSDT | +0.0100% | 4h | 0.04398 | −0.295% | $15.6M | $21.4M | 50x | as long as short |
Coinbase International STRK-PERP-INTX
dYdX STRK-USD
Injective STRK/USDC PERP
Paradex STRK-USD-PERP
Hyperliquid STRK
Aster STRKUSDT
Pacifica STRK
Binance STRKUSDT
Bybit STRKUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX STRK-USDT-SWAP | +0.0100% | 4h | 0.04398 | −0.295% | $4.9M | $23.7M | 50x | as long as short |
| Gate STRK_USDT | +0.0100% | 4h | 0.04400 | −0.249% | $589K | $1.4M | 50x | as long as short |
| MEXC STRK_USDT | +0.0100% | 4h | 0.04403 | −0.181% | $12.3M | $2.1M | 100x | as long as short |
| KuCoin STRKUSDTM | +0.0100% | 4h | 0.04397 | −0.317% | $1.5M | $1.9M | 50x | as long as short |
| Bitget STRKUSDT | +0.0100% | 4h | 0.04402 | −0.202% | $3.1M | $4.1M | 75x | as long as short |
| BingX STRK-USDT | +0.0100% | 4h | 0.04399 | −0.272% | — | $25.9M | — | as long as short |
| Backpack STRK_USDC_PERP | +0.0100% | 1h | 0.04400 | −0.249% | $25K | $152K | 10x | as long as short |
| Variational Omni STRK | +0.0100% | 4h | 0.04404 | −0.152% | $258K | $1.8M | — | as long as short |
| GRVT STRK_USDT_Perp | +0.0100% | 4h | 0.04404 | −0.159% | $191K | $3.5M | 10x | as long as short |
| SunX STRK-USDT | +0.0100% | 4h | 0.04505 | +2.131% | $2K | $821K | 20x | as long as short |
| Extended STRK-USD | +0.0104% | 1h | 0.04397 | −0.320% | $122K | $626K | 10x | as long as short |
| Deribit STRK_USDC-PERPETUAL | +0.0204% | 1h | 0.04405 | −0.136% | $8K | $24K | 25x | as long as short |
| Lighter STRKlong | +0.0264% | 1h | 0.04411 | long leg | $272K | $540K | 5x | |
| Kraken Futures PF_STRKUSD | +0.0337% | 1h | 0.04416 | +0.122% | $470K | $490K | 20x | as long as short |
OKX STRK-USDT-SWAP
Gate STRK_USDT
MEXC STRK_USDT
KuCoin STRKUSDTM
Bitget STRKUSDT
BingX STRK-USDT
Backpack STRK_USDC_PERP
Variational Omni STRK
GRVT STRK_USDT_Perp
SunX STRK-USDT
Extended STRK-USD
Deribit STRK_USDC-PERPETUAL
Kraken Futures PF_STRKUSD