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

STRK

all STRK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0816%/8h= −89.4% APRnext payment $1.02 per $10,000 · paid last 24h −0.404%
Price spread now: Coinbase International against Lighter−0.345%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−1.463%−$146 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$24 a day on $10k at the current rate, and Coinbase International is 0.345% cheaper against Lighter than usual: you would sell low and buy high (−$34 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter STRK0.043500.0240pay 0.0030% / 1h32m 24s$264K$506K5x
ShortCoinbase International STRK-PERP-INTX0.04335−0.0576pay 0.0072% / 1h32m 24s$61K$94K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Lighter. 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
−$171.36
Price spread: −0.345% → 0.000%
−$34.48
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$215.84
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Lighter: live order book, 33 min ago; Coinbase International: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Lighter live order book, 33 min ago9.13 bp18.3 bp −$1859.8 bp −$598doesn't fitdoesn't fit
Sell Coinbase International no order-book sample
Coinbase International: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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-INTXshort−0.0576%1h0.04335−0.345%$61K$94K25x
Kraken Futures PF_STRKUSD−0.0402%1h0.04339−0.253%$461K$523K20xas long as short
dYdX STRK-USD0.0000%1h0.04342−0.187%$20K$24K5xas long as short
Injective STRK/USDC PERP+0.0033%1h0.05070+16.552%$3K$38K5.5xas long as short
BloFin STRK-USDT+0.0064%4h0.04338−0.276%$746K$716K75xas long as short
Paradex STRK-USD-PERP+0.0100%8h0.04335−0.347%$8K$14420xas long as short
Hyperliquid STRK+0.0100%1h0.04340−0.230%$14.7M$7.3M5xas long as short
Aster STRKUSDT+0.0100%4h0.04337−0.303%$33K$346K10xas long as short
Pacifica STRK+0.0100%1h0.04340−0.234%$43K$69K5xas long as short
Binance STRKUSDT+0.0100%4h0.04338−0.276%$12.4M$48.9M75xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit STRKUSDT+0.0100%4h0.04336−0.322%$15.2M$21.5M50xas long as short
OKX STRK-USDT-SWAP+0.0100%4h0.04339−0.253%$4.8M$22.7M50xas long as short
Gate STRK_USDT+0.0100%4h0.04337−0.299%$578K$1.4M50xas long as short
MEXC STRK_USDT+0.0100%4h0.04338−0.276%$12.3M$2.2M100xas long as short
KuCoin STRKUSDTM+0.0100%4h0.04339−0.253%$1.5M$1.9M50xas long as short
Bitget STRKUSDT+0.0100%4h0.04337−0.294%$3.0M$4.0M75xas long as short
BingX STRK-USDT+0.0100%4h0.04338−0.276%$26.3Mas long as short
Backpack STRK_USDC_PERP+0.0100%1h0.04340−0.230%$24K$147K10xas long as short
Variational Omni STRK+0.0100%4h0.04341−0.211%$351K$2.0Mas long as short
GRVT STRK_USDT_Perp+0.0100%4h0.04342−0.177%$186K$3.5M10xas long as short
SunX STRK-USDT+0.0100%4h0.04438+2.023%$2K$839K20xas long as short
Extended STRK-USD+0.0104%1h0.04338−0.277%$123K$712K10xas long as short
Lighter STRKlong+0.0240%1h0.04350long leg$264K$506K5x
Deribit STRK_USDC-PERPETUAL+0.0672%1h0.04343−0.161%$8K$44K25xas long as short