Funding arb · Price arb /

STRK

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Paradex against SunX−2.314%7-day average — · you buy dearer than you sell

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

Long on SunX Short on Paradex

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: Paradex is 2.314% cheaper against SunX than usual: you would sell low and buy high, −$231 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	SunX STRK-USDT	0.04441	0.0100	pay 0.0050% / 4h	3h 29m	$2K	$840K	20x
Short	Paradex STRK-USD-PERP	0.04338	0.0100	get 0.0100% / 8h	7h 29m	$8K	$144	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex 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 ParadexbpOrdersPrice spread, now −2.314%Rate

Funding earned: −$0.01
Price spread: −2.314% → 0.000%: −$231.37
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$243.37
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: SunX: live order book, 22 min ago; Paradex: 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 SunX live order book, 22 min ago	330.93 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Paradex no order-book sample	—	—	—	—	—

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	−0.0576%	1h	0.04335	−2.387%	$61K	$94K	25x	as long as short
Kraken Futures PF_STRKUSD	−0.0402%	1h	0.04336	−2.376%	$461K	$523K	20x	as long as short
dYdX STRK-USD	0.0000%	1h	0.04341	−2.245%	$20K	$24K	5x	as long as short
Injective STRK/USDC PERP	+0.0033%	1h	0.05070	+14.163%	$3K	$38K	5.5x	as long as short
Paradex STRK-USD-PERPshort	+0.0100%	8h	0.04338	−2.314%	$8K	$144	20x
Hyperliquid STRK	+0.0100%	1h	0.04341	−2.252%	$14.7M	$7.3M	5x	as long as short
Aster STRKUSDT	+0.0100%	4h	0.04336	−2.366%	$33K	$346K	10x	as long as short
Pacifica STRK	+0.0100%	1h	0.04340	−2.265%	$43K	$69K	5x	as long as short
Binance STRKUSDT	+0.0100%	4h	0.04338	−2.324%	$12.3M	$48.9M	75x	as long as short
Bybit STRKUSDT	+0.0100%	4h	0.04333	−2.432%	$15.1M	$21.5M	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	0.04338	−2.319%	$4.8M	$22.6M	50x	as long as short
Gate STRK_USDT	+0.0100%	4h	0.04338	−2.319%	$578K	$1.4M	50x	as long as short
MEXC STRK_USDT	+0.0100%	4h	0.04338	−2.319%	$12.3M	$2.2M	100x	as long as short
KuCoin STRKUSDTM	+0.0100%	4h	0.04336	−2.364%	$1.5M	$1.9M	50x	as long as short
Bitget STRKUSDT	+0.0100%	4h	0.04338	−2.310%	$3.0M	$4.0M	75x	as long as short
BingX STRK-USDC	+0.0100%	4h	0.04335	−2.387%	—	$729K	—	as long as short
Backpack STRK_USDC_PERP	+0.0100%	1h	0.04337	−2.342%	$24K	$147K	10x	as long as short
Variational Omni STRK	+0.0100%	4h	0.04335	−2.391%	$350K	$2.0M	—	as long as short
GRVT STRK_USDT_Perp	+0.0100%	4h	0.04342	−2.222%	$186K	$3.5M	10x	as long as short
SunX STRK-USDTlong	+0.0100%	4h	0.04441	long leg	$2K	$840K	20x
Extended STRK-USD	+0.0104%	1h	0.04338	−2.330%	$123K	$685K	10x	as long as short
BloFin STRK-USDT	+0.0117%	4h	0.04339	−2.297%	$746K	$716K	75x	as long as short
Lighter STRK	+0.0288%	1h	0.04345	−2.162%	$264K	$506K	5x	as long as short
Deribit STRK_USDC-PERPETUAL	+0.0673%	1h	0.04339	−2.297%	$8K	$44K	25x	as long as short