Funding you earn now, next payment 00:00 UTC−0.0041%/8h= −4.5% APRnext payment −$0.05 per $10,000 · paid last 24h +0.080%
Price spread now: Deribit against Lighter−0.182%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no 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 −$1 a day on $10k at the current rate, and Deribit is 0.182% cheaper against Lighter than usual: you would sell low and buy high (−$18 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter STRK | 0.04395 | 0.0704 | pay 0.0088% / 1h | 24m 10s | $272K | $507K | 5x |
| Short | Deribit STRK_USDC-PERPETUAL | 0.04387 | 0.0663 | get 0.0083% / 1h | 24m 10s | $2K | $34K | 25x |
Lighter STRK
Deribit STRK_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$8.69
- Price spread: −0.182% → 0.000%
- −$18.2
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$33.89
- Costs to cover
- 0.070%
- Break-even
- never at this rate
Slippage unknown: Lighter: live order book, 46 min ago; Deribit: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Lighter live order book, 46 min ago | 12.54 bp | 22.5 bp −$23 | 56.2 bp −$562 | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International STRK-PERP-INTX | −0.0584% | 1h | 0.04383 | −0.273% | $62K | $96K | 25x | as long as short |
| dYdX STRK-USD | 0.0000% | 1h | 0.04388 | −0.149% | $20K | $24K | 5x | as long as short |
| Injective STRK/USDC PERP | +0.0033% | 1h | 0.05070 | +15.358% | $3K | $38K | 5.5x | as long as short |
| BloFin STRK-USDT | +0.0081% | 4h | 0.04388 | −0.159% | $744K | $728K | 75x | as long as short |
| Paradex STRK-USD-PERP | +0.0100% | 8h | 0.04383 | −0.265% | $8K | $144 | 20x | as long as short |
| Hyperliquid STRK | +0.0100% | 1h | 0.04388 | −0.159% | $14.9M | $7.5M | 5x | as long as short |
| Aster STRKUSDT | +0.0100% | 4h | 0.04386 | −0.198% | $34K | $350K | 10x | as long as short |
| Pacifica STRK | +0.0100% | 1h | 0.04389 | −0.137% | $44K | $69K | 5x | as long as short |
| Binance STRKUSDT | +0.0100% | 4h | 0.04384 | −0.250% | $12.6M | $49.6M | 75x | as long as short |
| Bybit STRKUSDT | +0.0100% | 4h | 0.04381 | −0.319% | $15.5M | $21.4M | 50x | as long as short |
Coinbase International STRK-PERP-INTX
dYdX STRK-USD
Injective STRK/USDC PERP
BloFin STRK-USDT
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 | 0.04381 | −0.319% | $4.9M | $23.3M | 50x | as long as short |
| Gate STRK_USDT | +0.0100% | 4h | 0.04385 | −0.228% | $587K | $1.4M | 50x | as long as short |
| MEXC STRK_USDT | +0.0100% | 4h | 0.04384 | −0.250% | $12.3M | $2.1M | 100x | as long as short |
| KuCoin STRKUSDTM | +0.0100% | 4h | 0.04384 | −0.250% | $1.5M | $1.9M | 50x | as long as short |
| Bitget STRKUSDT | +0.0100% | 4h | 0.04380 | −0.339% | $3.1M | $4.1M | 75x | as long as short |
| BingX STRK-USDT | +0.0100% | 4h | 0.04380 | −0.341% | — | $26.4M | — | as long as short |
| Backpack STRK_USDC_PERP | +0.0100% | 1h | 0.04383 | −0.273% | $25K | $148K | 10x | as long as short |
| Variational Omni STRK | +0.0100% | 4h | 0.04388 | −0.159% | $354K | $2.0M | — | as long as short |
| GRVT STRK_USDT_Perp | +0.0100% | 4h | 0.04396 | +0.033% | $189K | $3.6M | 10x | as long as short |
| SunX STRK-USDT | +0.0100% | 4h | 0.04488 | +2.116% | $2K | $834K | 20x | as long as short |
| Extended STRK-USD | +0.0104% | 1h | 0.04380 | −0.347% | $121K | $625K | 10x | as long as short |
| Kraken Futures PF_STRKUSD | +0.0505% | 1h | 0.04383 | −0.263% | $470K | $512K | 20x | as long as short |
| Deribit STRK_USDC-PERPETUALshort | +0.0663% | 1h | 0.04387 | −0.182% | $2K | $34K | 25x | |
| Lighter STRKlong | +0.0704% | 1h | 0.04395 | long leg | $272K | $507K | 5x |
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
Kraken Futures PF_STRKUSD