Funding arb · Price arb /

STRK

all STRK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.1004%/8h= −109.9% APRpaid last 24h −0.368%

Price spread now: Coinbase International against MEXC−0.354%7-day average — · you buy dearer than you sell

Net, funding: paid 7d − costs−$175as in the Funding arb table

Net, price: spread back to 7d avg − costs−$97as in the Price arb table

costs, in and out, $10k−$620.616% of the position

Long on MEXC Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days−1.130%−$113 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$30 a day on $10k at the current rate, and Coinbase International is 0.354% cheaper against MEXC than usual: you would sell low and buy high (−$35 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	MEXC STRK_USDT	0.04240	0.0100	pay 0.0050% / 4h	2h 28m	$11.4M	$2.1M	100x
Short	Coinbase International STRK-PERP-INTX	0.04225	−0.0904	pay 0.0113% / 1h	28m 49s	$69K	$99K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against MEXC. 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

Position, each leg$Hold fordaysFee MEXCbpFee Coinbase InternationalbpOrdersPrice spread, now −0.354%Rate

Funding earned: −$210.84
Price spread: −0.354% → 0.000%: −$35.38
Slippage, 4 orders: −$47.6
Fee MEXC: 2 bp × 2 orders: −$4
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$307.82
Costs to cover: 0.616%
Break-even: never at this rate

Slippage from MEXC: live order book, 4 min ago; Coinbase International: live order book, 55 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 MEXC live order book, 4 min ago	2.36 bp	9.7 bp −$10	24.7 bp −$247	92.2 bp −$9,218	205.3 bp −$102.7K
Sell Coinbase International live order book, 55 min ago	15.05 bp	21.6 bp −$22	155.5 bp −$1,555	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-INTXshort	−0.0904%	1h	0.04225	−0.354%	$69K	$99K	25x
Kraken Futures PF_STRKUSD	−0.0192%	1h	0.04249	+0.201%	$444K	$587K	20x	as long as short
dYdX STRK-USD	0.0000%	1h	0.04247	+0.169%	$20K	$24K	5x	as long as short
Injective STRK/USDC PERP	+0.0033%	1h	0.05070	+19.575%	$3K	$38K	5.5x	as long as short
Lighter STRK	+0.0096%	1h	0.04252	+0.283%	$253K	$443K	5x	as long as short
Paradex STRK-USD-PERP	+0.0099%	8h	0.04243	+0.079%	$8K	$144	20x	as long as short
Hyperliquid STRK	+0.0100%	1h	0.04236	−0.094%	$14.0M	$6.4M	5x	as long as short
Aster STRKUSDT	+0.0100%	4h	0.04236	−0.094%	$33K	$229K	10x	as long as short
Pacifica STRK	+0.0100%	1h	0.04247	+0.165%	$42K	$69K	5x	as long as short
Binance STRKUSDT	+0.0100%	4h	0.04236	−0.094%	$11.9M	$44.8M	75x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit STRKUSDT	+0.0100%	4h	0.04232	−0.189%	$14.7M	$20.1M	50x	as long as short
OKX STRK-USDT-SWAP	+0.0100%	4h	0.04236	−0.094%	$4.6M	$19.2M	50x	as long as short
Gate STRK_USDT	+0.0100%	4h	0.04235	−0.118%	$559K	$1.4M	50x	as long as short
MEXC STRK_USDTlong	+0.0100%	4h	0.04240	long leg	$11.4M	$2.1M	100x
KuCoin STRKUSDTM	+0.0100%	4h	0.04245	+0.118%	$1.5M	$1.9M	50x	as long as short
Bitget STRKUSDT	+0.0100%	4h	0.04233	−0.167%	$3.0M	$3.9M	75x	as long as short
BingX STRK-USDC	+0.0100%	4h	0.04234	−0.142%	—	$728K	—	as long as short
Backpack STRK_USDC_PERP	+0.0100%	1h	0.04244	+0.094%	$26K	$142K	10x	as long as short
Variational Omni STRK	+0.0100%	4h	0.04235	−0.122%	$416K	$1.9M	—	as long as short
GRVT STRK_USDT_Perp	+0.0100%	4h	0.04240	−0.002%	$184K	$3.5M	10x	as long as short
SunX STRK-USDT	+0.0100%	4h	0.04349	+2.571%	$2K	$867K	20x	as long as short
Extended STRK-USD	+0.0104%	1h	0.04239	−0.029%	$119K	$474K	10x	as long as short
Deribit STRK_USDC-PERPETUAL	+0.0221%	1h	0.04249	+0.212%	$8K	$43K	25x	as long as short
BloFin STRK-USDT	+0.0340%	4h	0.04242	+0.047%	$685K	$764K	75x	as long as short