Funding arb · Price arb /

STRK

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: MEXC against SunX−2.251%7-day average −2.369% · you buy dearer than you sell

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

Long on SunX Short on MEXC

What this pair did over the last

the charts below follow

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

Price spread, last 3 days (all we have)−2.343%−$234 · spread now −2.251%, 7d avg −2.369%

Together, before fees−2.353%−$235 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: MEXC is 0.118% dearer against SunX than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of −2.369%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX STRK-USDT	0.04487	0.0100	pay 0.0050% / 4h	2h 04m	$2K	$820K	20x
Short	MEXC STRK_USDT	0.04386	0.0100	get 0.0050% / 4h	2h 04m	$12.2M	$2.3M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against SunX. 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 SunXbpFee MEXCbpOrdersPrice spread, now −2.251%Rate

Funding earned: $0
Price spread: −2.251% → −2.369%: $11.77
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$0.23
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: SunX: live order book, 8 min ago; MEXC: live order book, 4 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 SunX live order book, 8 min ago	253.84 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 4 min ago	1.13 bp	9.1 bp −$9	29.7 bp −$297	97.7 bp −$9,765	209.5 bp −$104.7K

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	−0.0352%	1h	0.04374	−2.518%	$62K	$94K	25x	as long as short
dYdX STRK-USD	0.0000%	1h	0.04389	−2.189%	$20K	$24K	5x	as long as short
Deribit STRK_USDC-PERPETUAL	0.0000%	1h	0.04389	−2.184%	$8K	$24K	25x	as long as short
Injective STRK/USDC PERP	+0.0033%	1h	0.05070	+12.993%	$3K	$38K	5.5x	as long as short
Paradex STRK-USD-PERP	+0.0100%	8h	0.04384	−2.286%	$8K	$144	20x	as long as short
Hyperliquid STRK	+0.0100%	1h	0.04393	−2.095%	$15.1M	$7.3M	5x	as long as short
Aster STRKUSDT	+0.0100%	4h	0.04389	−2.190%	$34K	$363K	10x	as long as short
Pacifica STRK	+0.0100%	1h	0.04387	−2.238%	$44K	$69K	5x	as long as short
Binance STRKUSDT	+0.0100%	4h	0.04388	−2.216%	$12.7M	$50.1M	75x	as long as short
Bybit STRKUSDT	+0.0100%	4h	0.04380	−2.385%	$15.4M	$21.3M	50x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX STRK-USDT-SWAP	+0.0100%	4h	0.04385	−2.273%	$4.9M	$23.6M	50x	as long as short
Gate STRK_USDT	+0.0100%	4h	0.04390	−2.162%	$588K	$1.5M	50x	as long as short
MEXC STRK_USDTshort	+0.0100%	4h	0.04386	−2.251%	$12.2M	$2.3M	100x
KuCoin STRKUSDTM	+0.0100%	4h	0.04382	−2.340%	$1.5M	$1.9M	50x	as long as short
Bitget STRKUSDT	+0.0100%	4h	0.04384	−2.304%	$3.1M	$4.1M	75x	as long as short
BingX STRK-USDC	+0.0100%	4h	0.04383	−2.318%	—	$725K	—	as long as short
Backpack STRK_USDC_PERP	+0.0100%	1h	0.04386	−2.251%	$25K	$152K	10x	as long as short
Variational Omni STRK	+0.0100%	4h	0.04386	−2.255%	$258K	$1.8M	—	as long as short
GRVT STRK_USDT_Perp	+0.0100%	4h	0.04402	−1.900%	$194K	$3.5M	10x	as long as short
SunX STRK-USDTlong	+0.0100%	4h	0.04487	long leg	$2K	$820K	20x
Extended STRK-USD	+0.0104%	1h	0.04382	−2.347%	$121K	$626K	10x	as long as short
BloFin STRK-USDT	+0.0122%	4h	0.04389	−2.184%	$769K	$726K	75x	as long as short
Lighter STRK	+0.0256%	1h	0.04396	−2.028%	$271K	$542K	5x	as long as short
Kraken Futures PF_STRKUSD	+0.0338%	1h	0.04398	−1.985%	$468K	$490K	20x	as long as short