Funding arb · Price arb /

STRK

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0240%/8h= +26.3% APRpaid last 24h +0.036%

Price spread now: BloFin against Paradex−0.067%7-day average — · you buy dearer than you sell

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

Long on Paradex Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropParadex: Active · farm boardneeds both histories

Funding pays, the price is against you. BloFin is 0.067% cheaper against Paradex than usual: you would sell low and buy high (spread −0.067% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 22 hours of funding at the current rate (+$7 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex STRK-USD-PERP	0.04299	0.0100	pay 0.0100% / 8h	59m 56s	$8K	$144	20x
Short	BloFin STRK-USDT	0.04296	0.0340	get 0.0170% / 4h	59m 56s	$671K	$776K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Paradex. 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 ParadexbpFee BloFinbpOrdersPrice spread, now −0.067%Rate

Funding earned: $50.42
Price spread: −0.067% → 0.000%: −$6.67
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee BloFin: 6 bp × 2 orders: −$12
Net: $27.75
Costs to cover: 0.160%
Break-even: 3.1 days

Slippage unknown: Paradex: no order-book sample; BloFin: live order book, 22 min ago. 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 Paradex no order-book sample	—	—	—	—	—
Sell BloFin live order book, 22 min ago	2.31 bp	11.9 bp −$12	30.0 bp −$300	doesn't fit	doesn't fit

Paradex: 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	−0.0992%	1h	0.04271	−0.648%	$70K	$88K	25x	as long as short
Kraken Futures PF_STRKUSD	−0.0050%	1h	0.04304	+0.129%	$448K	$582K	20x	as long as short
dYdX STRK-USD	0.0000%	1h	0.04302	+0.063%	$20K	$24K	5x	as long as short
Deribit STRK_USDC-PERPETUAL	0.0000%	1h	0.04309	+0.236%	$8K	$43K	25x	as long as short
Injective STRK/USDC PERP	+0.0033%	1h	0.05070	+17.938%	$3K	$38K	5.5x	as long as short
Lighter STRK	+0.0096%	1h	0.04313	+0.329%	$256K	$444K	5x	as long as short
Paradex STRK-USD-PERPlong	+0.0100%	8h	0.04299	long leg	$8K	$144	20x
Hyperliquid STRK	+0.0100%	1h	0.04309	+0.236%	$14.2M	$6.0M	5x	as long as short
Aster STRKUSDT	+0.0100%	4h	0.04306	+0.162%	$33K	$229K	10x	as long as short
Pacifica STRK	+0.0100%	1h	0.04303	+0.092%	$43K	$65K	5x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance STRKUSDT	+0.0100%	4h	0.04306	+0.165%	$12.3M	$44.2M	75x	as long as short
Bybit STRKUSDT	+0.0100%	4h	0.04301	+0.050%	$15.0M	$20.1M	50x	as long as short
OKX STRK-USDT-SWAP	+0.0100%	4h	0.04301	+0.050%	$4.6M	$18.9M	50x	as long as short
Gate STRK_USDT	+0.0100%	4h	0.04304	+0.119%	$577K	$1.4M	50x	as long as short
MEXC STRK_USDT	+0.0100%	4h	0.04301	+0.050%	$11.5M	$2.1M	100x	as long as short
KuCoin STRKUSDTM	+0.0100%	4h	0.04307	+0.189%	$1.5M	$1.8M	50x	as long as short
Bitget STRKUSDT	+0.0100%	4h	0.04303	+0.108%	$3.0M	$3.8M	75x	as long as short
BingX STRK-USDC	+0.0100%	4h	0.04302	+0.073%	—	$734K	—	as long as short
Backpack STRK_USDC_PERP	+0.0100%	1h	0.04304	+0.119%	$29K	$144K	10x	as long as short
Variational Omni STRK	+0.0100%	4h	0.04294	−0.107%	$422K	$1.9M	—	as long as short
GRVT STRK_USDT_Perp	+0.0100%	4h	0.04307	+0.194%	$187K	$3.5M	10x	as long as short
SunX STRK-USDT	+0.0100%	4h	0.04402	+2.399%	$2K	$880K	20x	as long as short
Extended STRK-USD	+0.0104%	1h	0.04299	+0.010%	$124K	$540K	10x	as long as short
BloFin STRK-USDTshort	+0.0340%	4h	0.04296	−0.067%	$671K	$776K	75x