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

STRK

all STRK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0236%/8h= −25.9% APRpaid last 24h +0.104%
Price spread now: Kraken Futures against MEXC−0.013%7-day average +0.191% · you buy dearer than you sell
Net, funding: paid 7d − costs+$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$100as in the Price arb table
costs, in and out, $10k−$800.796% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+1.428%+$143 on $10k
Price spread, last 4 days (all we have)+2.496%+$250 · spread now −0.013%, 7d avg +0.191%
Together, before fees+3.924%+$392 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Kraken Futures is 0.205% cheaper against MEXC than usual: you would sell low and buy high (−$20 if the spread goes back to its 7-day average of +0.191%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +1.428%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC STRK_USDT0.043130.0100pay 0.0050% / 4h38m 42s$12.1M$2.0M100x
ShortKraken Futures PF_STRKUSD0.04312−0.0136pay 0.0017% / 1h38m 42s$454K$531K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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

Funding earned
−$49.64
Price spread: −0.013% → +0.191%
−$20.47
Slippage, 4 orders
−$65.59
Fee MEXC: 2 bp × 2 orders
−$4
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$149.69
Costs to cover
0.796%
Break-even
never at this rate
Slippage from MEXC: live order book, 5 min ago; Kraken Futures: live order book, 19 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 5 min ago1.16 bp8.5 bp −$824.2 bp −$24285.8 bp −$8,583175.4 bp −$87.7K
Sell Kraken Futures live order book, 19 min ago20.80 bp32.8 bp −$33386.7 bp −$3,867doesn't fitdoesn't fit

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−0.0976%1h0.04290−0.533%$75K$98K25xas long as short
Kraken Futures PF_STRKUSDshort−0.0136%1h0.04312−0.013%$454K$531K20x
dYdX STRK-USD0.0000%1h0.04317+0.097%$20K$24K5xas long as short
Injective STRK/USDC PERP+0.0033%1h0.05070+17.552%$3K$38K5.5xas long as short
Lighter STRK+0.0096%1h0.04326+0.301%$264K$501K5xas long as short
Paradex STRK-USD-PERP+0.0100%8h0.04311−0.043%$8K$14420xas long as short
Hyperliquid STRK+0.0100%1h0.04321+0.185%$14.6M$6.3M5xas long as short
Aster STRKUSDT+0.0100%4h0.04316+0.077%$33K$269K10xas long as short
Pacifica STRK+0.0100%1h0.04316+0.070%$43K$69K5xas long as short
Binance STRKUSDT+0.0100%4h0.04314+0.012%$12.4M$45.2M75xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit STRKUSDT+0.0100%4h0.04309−0.093%$15.2M$20.4M50xas long as short
OKX STRK-USDT-SWAP+0.0100%4h0.04311−0.046%$4.7M$20.1M50xas long as short
Gate STRK_USDT+0.0100%4h0.04312−0.023%$567K$1.4M50xas long as short
MEXC STRK_USDTlong+0.0100%4h0.04313long leg$12.1M$2.0M100x
KuCoin STRKUSDTM+0.0100%4h0.04317+0.093%$1.5M$1.8M50xas long as short
Bitget STRKUSDT+0.0100%4h0.04314+0.016%$3.0M$3.7M75xas long as short
BingX STRK-USDT+0.0100%4h0.04312−0.023%$26.1Mas long as short
Backpack STRK_USDC_PERP+0.0100%1h0.04312−0.023%$30K$144K10xas long as short
Variational Omni STRK+0.0100%4h0.04314+0.016%$427K$2.0Mas long as short
GRVT STRK_USDT_Perp+0.0100%4h0.04325+0.271%$186K$3.6M10xas long as short
SunX STRK-USDT+0.0100%4h0.04415+2.365%$1K$839K20xas long as short
Extended STRK-USD+0.0104%1h0.04309−0.083%$119K$659K10xas long as short
Deribit STRK_USDC-PERPETUAL+0.0214%1h0.043130.000%$8K$44K25xas long as short
BloFin STRK-USDT+0.0340%4h0.04316+0.070%$755K$825K75xas long as short