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

STRK

all STRK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0348%/8h= −38.1% APRnext payment $0.43 per $10,000 · paid last 24h −0.095%
Price spread now: Pacifica against Lighter−0.302%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · Pacifica: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Pacifica is 0.302% cheaper against Lighter than usual: you would sell low and buy high (−$30 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 STRK0.043780.0448pay 0.0056% / 1h7m 19s$266K$506K5x
ShortPacifica STRK0.043650.0100get 0.0013% / 1h7m 19s$43K$69K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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
−$73.08
Price spread: −0.302% → 0.000%
−$30.15
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$111.23
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: Lighter: live order book, 58 min ago; Pacifica: 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, 58 min ago9.13 bp18.3 bp −$1859.8 bp −$598doesn't fitdoesn't fit
Sell Pacifica no order-book sample
Pacifica: 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-INTX−0.0576%1h0.04339−0.891%$61K$93K25xas long as short
Kraken Futures PF_STRKUSD−0.0399%1h0.04369−0.201%$466K$526K20xas long as short
dYdX STRK-USD0.0000%1h0.04365−0.302%$20K$24K5xas long as short
Injective STRK/USDC PERP+0.0033%1h0.05070+15.806%$3K$38K5.5xas long as short
Paradex STRK-USD-PERP+0.0100%8h0.04364−0.322%$8K$14420xas long as short
Hyperliquid STRK+0.0100%1h0.04369−0.206%$14.8M$7.2M5xas long as short
Aster STRKUSDT+0.0100%4h0.04366−0.274%$33K$335K10xas long as short
Pacifica STRKshort+0.0100%1h0.04365−0.302%$43K$69K5x
Binance STRKUSDT+0.0100%4h0.04368−0.228%$12.4M$48.6M75xas long as short
Bybit STRKUSDT+0.0100%4h0.04366−0.274%$15.3M$21.5M50xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX STRK-USDT-SWAP+0.0100%4h0.04365−0.297%$4.8M$22.6M50xas long as short
Gate STRK_USDT+0.0100%4h0.04360−0.411%$586K$1.4M50xas long as short
MEXC STRK_USDT+0.0100%4h0.04364−0.320%$12.4M$2.2M100xas long as short
KuCoin STRKUSDTM+0.0100%4h0.04365−0.297%$1.5M$1.9M50xas long as short
Bitget STRKUSDT+0.0100%4h0.04368−0.219%$3.1M$4.0M75xas long as short
BingX STRK-USDC+0.0100%4h0.04365−0.297%$727Kas long as short
Backpack STRK_USDC_PERP+0.0100%1h0.04352−0.594%$23K$147K10xas long as short
Variational Omni STRK+0.0100%4h0.04330−1.090%$351K$2.0Mas long as short
GRVT STRK_USDT_Perp+0.0100%4h0.04343−0.790%$193K$3.5M10xas long as short
SunX STRK-USDT+0.0100%4h0.04466+2.010%$1K$843K20xas long as short
Extended STRK-USD+0.0104%1h0.04364−0.310%$121K$663K10xas long as short
BloFin STRK-USDT+0.0340%4h0.04361−0.388%$752K$796K75xas long as short
Lighter STRKlong+0.0448%1h0.04378long leg$266K$506K5x
Deribit STRK_USDC-PERPETUAL+0.0895%1h0.04371−0.160%$8K$44K25xas long as short