Funding arb · Price arb /

STRK

all STRK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%

Price spread now: Extended against OKX+0.014%7-day average −0.123% · you sell dearer than you buy

Net, funding: paid 7d − costs−$75as in the Funding arb table

Net, price: spread back to 7d avg − costs−$63as in the Price arb table

costs, in and out, $10k−$760.762% of the position

Long on OKX Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.010%+$1 on $10k

Price spread, last 4 days (all we have)−0.120%−$12 · spread now +0.014%, 7d avg −0.123%

Together, before fees−0.110%+ Points / potential airdropExtended: Active · farm board−$11 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.137% dearer against OKX than usual: you sell high and buy low, +$14 on $10k if it goes back to its 7-day average of −0.123%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX STRK-USDT-SWAP	0.04341	0.0100	pay 0.0050% / 4h	3h 31m	$4.8M	$22.7M	50x
Short	Extended STRK-USD	0.04342	0.0104	get 0.0013% / 1h	31m 43s	$123K	$712K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now +0.014%Rate

Funding earned: $0.84
Price spread: +0.014% → −0.123%: $13.67
Slippage, 4 orders: −$61.18
Fee OKX: 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$61.67
Costs to cover: 0.762%
Break-even: 521.0 days

Slippage from OKX: live order book, 2 min ago; Extended: live order book, 41 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 OKX live order book, 2 min ago	1.15 bp	14.8 bp −$15	167.7 bp −$1,677	doesn't fit	doesn't fit
Sell Extended live order book, 41 min ago	4.56 bp	22.3 bp −$22	139.8 bp −$1,398	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	−0.0576%	1h	0.04335	−0.138%	$61K	$94K	25x	as long as short
Kraken Futures PF_STRKUSD	−0.0402%	1h	0.04339	−0.046%	$461K	$523K	20x	as long as short
dYdX STRK-USD	0.0000%	1h	0.04341	+0.007%	$20K	$24K	5x	as long as short
Injective STRK/USDC PERP	+0.0033%	1h	0.05070	+16.793%	$3K	$38K	5.5x	as long as short
BloFin STRK-USDT	+0.0064%	4h	0.04338	−0.069%	$746K	$716K	75x	as long as short
Paradex STRK-USD-PERP	+0.0100%	8h	0.04335	−0.141%	$8K	$144	20x	as long as short
Hyperliquid STRK	+0.0100%	1h	0.04345	+0.092%	$14.7M	$7.3M	5x	as long as short
Aster STRKUSDT	+0.0100%	4h	0.04344	+0.067%	$33K	$346K	10x	as long as short
Pacifica STRK	+0.0100%	1h	0.04340	−0.028%	$43K	$69K	5x	as long as short
Binance STRKUSDT	+0.0100%	4h	0.04342	+0.019%	$12.4M	$48.9M	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	0.04338	−0.069%	$15.2M	$21.5M	50x	as long as short
OKX STRK-USDT-SWAPlong	+0.0100%	4h	0.04341	long leg	$4.8M	$22.7M	50x
Gate STRK_USDT	+0.0100%	4h	0.04339	−0.046%	$579K	$1.4M	50x	as long as short
MEXC STRK_USDT	+0.0100%	4h	0.04343	+0.046%	$12.3M	$2.2M	100x	as long as short
KuCoin STRKUSDTM	+0.0100%	4h	0.04344	+0.069%	$1.5M	$1.9M	50x	as long as short
Bitget STRKUSDT	+0.0100%	4h	0.04341	+0.005%	$3.0M	$4.0M	75x	as long as short
BingX STRK-USDT	+0.0100%	4h	0.04343	+0.046%	—	$26.3M	—	as long as short
Backpack STRK_USDC_PERP	+0.0100%	1h	0.04342	+0.023%	$24K	$147K	10x	as long as short
Variational Omni STRK	+0.0100%	4h	0.04341	−0.004%	$351K	$2.0M	—	as long as short
GRVT STRK_USDT_Perp	+0.0100%	4h	0.04342	+0.030%	$186K	$3.5M	10x	as long as short
SunX STRK-USDT	+0.0100%	4h	0.04438	+2.235%	$2K	$839K	20x	as long as short
Extended STRK-USDshort	+0.0104%	1h	0.04342	+0.014%	$123K	$712K	10x
Lighter STRK	+0.0264%	1h	0.04351	+0.230%	$265K	$506K	5x	as long as short
Deribit STRK_USDC-PERPETUAL	+0.0672%	1h	0.04343	+0.046%	$8K	$44K	25x	as long as short