Funding you earn now, next payment 08:00 UTC+0.0239%/8h= +26.1% APRnext payment +$0.30 per $10,000 · paid last 24h −0.053%
Price spread now: Kraken Futures against Lighter−0.012%7-day average +0.059% · you buy dearer than you sell
Net, funding: paid 7d − costs−$19as in the Funding arb table
Net, price: spread back to 7d avg − costs−$132as in the Price arb table
costs, in and out, $10k−$1251.253% of the position
Funding, last 7 days+1.060%+$106 on $10k
+Price spread, last 4 days (all we have)+1.109%+$111 · spread now −0.012%, 7d avg +0.059%
=Together, before fees+2.169%+ Points / potential airdropLighter: Season 3 · farm board+$217 on $10k · with fees, hour by hour
Funding pays, the price is against you. Kraken Futures is 0.071% cheaper against Lighter than usual: you would sell low and buy high (spread −0.012% now, against its 7-day average of +0.059%). If the spread goes back, that is −$7 on $10k: about 24 hours of funding at the current rate (+$7 a day). At the pace of the last 7 days (+1.060% in total) that is about 11 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter STRK | 0.04309 | 0.0096 | pay 0.0012% / 1h | 37m 12s | $256K | $440K | 5x |
| Short | Kraken Futures PF_STRKUSD | 0.04308 | 0.0335 | get 0.0042% / 1h | 37m 12s | $449K | $535K | 20x |
Lighter STRK
Kraken Futures PF_STRKUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- $50.13
- Price spread: −0.012% → +0.059%
- −$7.08
- Slippage, 4 orders
- −$115.33
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$82.28
- Costs to cover
- 1.253%
- Break-even
- 18.5 days
Slippage from Lighter: live order book, 58 min ago; Kraken Futures: live order book, 1 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, 58 min ago | 5.76 bp | 25.6 bp −$26 | 65.1 bp −$651 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 1 min ago | 16.22 bp | 40.9 bp −$41 | 563.7 bp −$5,637 | 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 | −0.1224% | 1h | 0.04271 | −0.882% | $70K | $87K | 25x | as long as short |
| dYdX STRK-USD | 0.0000% | 1h | 0.04307 | −0.054% | $20K | $24K | 5x | as long as short |
| Injective STRK/USDC PERP | +0.0033% | 1h | 0.05070 | +17.661% | $3K | $38K | 5.5x | as long as short |
| Lighter STRKlong | +0.0096% | 1h | 0.04309 | long leg | $256K | $440K | 5x | |
| Paradex STRK-USD-PERP | +0.0100% | 8h | 0.04309 | +0.004% | $8K | $144 | 20x | as long as short |
| Hyperliquid STRK | +0.0100% | 1h | 0.04307 | −0.046% | $14.2M | $5.8M | 5x | as long as short |
| Aster STRKUSDT | +0.0100% | 4h | 0.04306 | −0.070% | $33K | $212K | 10x | as long as short |
| Pacifica STRK | +0.0100% | 1h | 0.04311 | +0.046% | $43K | $65K | 5x | as long as short |
| Binance STRKUSDT | +0.0100% | 4h | 0.04305 | −0.101% | $12.2M | $43.8M | 75x | as long as short |
| Bybit STRKUSDT | +0.0100% | 4h | 0.04302 | −0.162% | $15.0M | $20.0M | 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 | 0.04306 | −0.070% | $4.6M | $18.7M | 50x | as long as short |
| Gate STRK_USDT | +0.0100% | 4h | 0.04305 | −0.093% | $573K | $1.4M | 50x | as long as short |
| MEXC STRK_USDT | +0.0100% | 4h | 0.04304 | −0.116% | $11.5M | $2.1M | 100x | as long as short |
| KuCoin STRKUSDTM | +0.0100% | 4h | 0.04305 | −0.093% | $1.5M | $1.8M | 50x | as long as short |
| Bitget STRKUSDT | +0.0100% | 4h | 0.04305 | −0.086% | $3.0M | $3.7M | 75x | as long as short |
| BingX STRK-USDT | +0.0100% | 4h | 0.04306 | −0.070% | — | $10.0M | — | as long as short |
| Backpack STRK_USDC_PERP | +0.0100% | 1h | 0.04305 | −0.093% | $29K | $144K | 10x | as long as short |
| Variational Omni STRK | +0.0100% | 4h | 0.04334 | +0.572% | $426K | $1.9M | — | as long as short |
| GRVT STRK_USDT_Perp | +0.0100% | 4h | 0.04315 | +0.145% | $188K | $3.5M | 10x | as long as short |
| SunX STRK-USDT | +0.0100% | 4h | 0.04408 | +2.298% | $1K | $880K | 20x | as long as short |
| Extended STRK-USD | +0.0104% | 1h | 0.04301 | −0.177% | $120K | $879K | 10x | as long as short |
| Deribit STRK_USDC-PERPETUAL | +0.0215% | 1h | 0.04305 | −0.093% | $8K | $43K | 25x | as long as short |
| Kraken Futures PF_STRKUSDshort | +0.0335% | 1h | 0.04308 | −0.012% | $449K | $535K | 20x | |
| BloFin STRK-USDT | +0.0340% | 4h | 0.04301 | −0.186% | $663K | $770K | 75x | 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
BloFin STRK-USDT