Funding arb · Price arb /

STRK

all STRK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h +0.080%

Price spread now: dYdX against OKX+0.109%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on OKX Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)—no history yet

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

Together, before fees—needs both histories

The price spread pays, funding is against you. dYdX is 0.109% dearer against OKX than usual: you sell high and buy low (spread +0.109% now, against zero (this spread has no 7-day history yet)): +$11 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.6 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX STRK-USDT-SWAP	0.04285	0.0100	pay 0.0050% / 4h	17m 35s	$4.6M	$18.4M	50x
Short	dYdX STRK-USD	0.04290	0	get 0.0000% / 1h	17m 35s	$20K	$24K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against OKX. 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 OKXbpFee dYdXbpOrdersPrice spread, now +0.109%Rate

Funding earned: −$21
Price spread: +0.109% → 0.000%: $10.93
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$30.07
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: OKX: live order book, 1 min ago; dYdX: 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 OKX live order book, 1 min ago	1.17 bp	13.5 bp −$14	37.2 bp −$372	doesn't fit	doesn't fit
Sell dYdX no order-book sample	—	—	—	—	—

dYdX: 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	−0.1224%	1h	0.04247	−0.887%	$69K	$86K	25x	as long as short
dYdX STRK-USDshort	0.0000%	1h	0.04290	+0.109%	$20K	$24K	5x
Deribit STRK_USDC-PERPETUAL	0.0000%	1h	0.04290	+0.117%	$8K	$43K	25x	as long as short
Injective STRK/USDC PERP	+0.0033%	1h	0.05070	+18.320%	$3K	$38K	5.5x	as long as short
Lighter STRK	+0.0096%	1h	0.04294	+0.210%	$255K	$441K	5x	as long as short
Paradex STRK-USD-PERP	+0.0100%	8h	0.04285	+0.006%	$8K	$144	20x	as long as short
Hyperliquid STRK	+0.0100%	1h	0.04287	+0.047%	$14.1M	$5.9M	5x	as long as short
Aster STRKUSDT	+0.0100%	4h	0.04290	+0.111%	$33K	$212K	10x	as long as short
Pacifica STRK	+0.0100%	1h	0.04290	+0.114%	$43K	$65K	5x	as long as short
Binance STRKUSDT	+0.0100%	4h	0.04286	+0.023%	$12.2M	$43.3M	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	0.04285	0.000%	$14.8M	$19.7M	50x	as long as short
OKX STRK-USDT-SWAPlong	+0.0100%	4h	0.04285	long leg	$4.6M	$18.4M	50x
Gate STRK_USDT	+0.0100%	4h	0.04285	0.000%	$570K	$1.4M	50x	as long as short
MEXC STRK_USDT	+0.0100%	4h	0.04285	0.000%	$11.4M	$2.1M	100x	as long as short
KuCoin STRKUSDTM	+0.0100%	4h	0.04290	+0.117%	$1.5M	$1.8M	50x	as long as short
Bitget STRKUSDT	+0.0100%	4h	0.04286	+0.023%	$3.0M	$3.7M	75x	as long as short
BingX STRK-USDT	+0.0100%	4h	0.04286	+0.023%	—	$9.7M	—	as long as short
Backpack STRK_USDC_PERP	+0.0100%	1h	0.04286	+0.023%	$27K	$143K	10x	as long as short
Variational Omni STRK	+0.0100%	4h	0.04277	−0.192%	$416K	$1.9M	—	as long as short
GRVT STRK_USDT_Perp	+0.0100%	4h	0.04278	−0.169%	$183K	$3.5M	10x	as long as short
SunX STRK-USDT	+0.0100%	4h	0.04386	+2.357%	$2K	$882K	20x	as long as short
Extended STRK-USD	+0.0104%	1h	0.04284	−0.014%	$119K	$876K	10x	as long as short
Kraken Futures PF_STRKUSD	+0.0336%	1h	0.04286	+0.030%	$446K	$505K	20x	as long as short
BloFin STRK-USDT	+0.0340%	4h	0.04278	−0.163%	$658K	$764K	75x	as long as short