Funding arb · Price arb /

STRK

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: SunX against Paradex+2.350%7-day average — · you sell dearer than you buy

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

Long on Paradex Short on SunX

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 between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 2.350% dearer against Paradex than usual: you sell high and buy low, +$235 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex STRK-USD-PERP	0.04309	0.0100	pay 0.0100% / 8h	7h 42m	$8K	$144	20x
Short	SunX STRK-USDT	0.04410	0.0100	get 0.0050% / 4h	3h 42m	$1K	$887K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +2.350%Rate

Funding earned: $0.01
Price spread: +2.350% → 0.000%: $234.99
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee SunX: 4 bp × 2 orders: −$8
Net: $223
Costs to cover: 0.120%
Break-even: from the start

Slippage unknown: Paradex: no order-book sample; SunX: live order book, 70 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 SunX live order book, 70 min ago	250.11 bp	doesn't fit	doesn't fit	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	−0.1448%	1h	0.04263	−1.062%	$69K	$86K	25x	as long as short
Kraken Futures PF_STRKUSD	−0.0330%	1h	0.04314	+0.124%	$448K	$479K	20x	as long as short
dYdX STRK-USD	0.0000%	1h	0.04308	−0.023%	$20K	$24K	5x	as long as short
Injective STRK/USDC PERP	+0.0033%	1h	0.05070	+17.668%	$3K	$38K	5.5x	as long as short
Lighter STRK	+0.0096%	1h	0.04316	+0.168%	$256K	$439K	5x	as long as short
Paradex STRK-USD-PERPlong	+0.0100%	8h	0.04309	long leg	$8K	$144	20x
Hyperliquid STRK	+0.0100%	1h	0.04312	+0.075%	$14.1M	$5.8M	5x	as long as short
Aster STRKUSDT	+0.0100%	4h	0.04314	+0.122%	$33K	$206K	10x	as long as short
Pacifica STRK	+0.0100%	1h	0.04310	+0.031%	$43K	$65K	5x	as long as short
Binance STRKUSDT	+0.0100%	4h	0.04313	+0.108%	$12.3M	$43.0M	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	0.04309	+0.006%	$14.9M	$19.6M	50x	as long as short
OKX STRK-USDT-SWAP	+0.0100%	4h	0.04311	+0.052%	$4.6M	$18.5M	50x	as long as short
Gate STRK_USDT	+0.0100%	4h	0.04306	−0.064%	$569K	$1.3M	50x	as long as short
MEXC STRK_USDT	+0.0100%	4h	0.04310	+0.029%	$11.4M	$2.0M	100x	as long as short
KuCoin STRKUSDTM	+0.0100%	4h	0.04311	+0.052%	$1.5M	$1.8M	50x	as long as short
Bitget STRKUSDT	+0.0100%	4h	0.04311	+0.052%	$3.0M	$3.7M	75x	as long as short
BingX STRK-USDC	+0.0100%	4h	0.04310	+0.029%	—	$733K	—	as long as short
Variational Omni STRK	+0.0100%	4h	0.04318	+0.210%	$424K	$1.9M	—	as long as short
GRVT STRK_USDT_Perp	+0.0100%	4h	0.04318	+0.210%	$188K	$3.5M	10x	as long as short
SunX STRK-USDTshort	+0.0100%	4h	0.04410	+2.350%	$1K	$887K	20x
Extended STRK-USD	+0.0104%	1h	0.04310	+0.035%	$120K	$874K	10x	as long as short
Backpack STRK_USDC_PERP	+0.0200%	1h	0.04307	−0.041%	$27K	$142K	10x	as long as short
BloFin STRK-USDT	+0.0340%	4h	0.04313	+0.099%	$650K	$765K	75x	as long as short
Deribit STRK_USDC-PERPETUAL	+0.0910%	1h	0.04315	+0.145%	$8K	$43K	25x	as long as short