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% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Variational Omni against SunX−2.680%7-day average −2.584% · you buy dearer than you sell

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

Long on SunX Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)0.000%$0 on $10k

Price spread, last 3 days (all we have)−0.639%−$64 · spread now −2.680%, 7d avg −2.584%

Together, before fees−0.639%+ Points / potential airdropVariational Omni: Active · farm board−$64 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: Variational Omni is 0.096% cheaper against SunX than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of −2.584%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX STRK-USDT	0.04448	0.0100	pay 0.0050% / 4h	2h 22m	$2K	$840K	20x
Short	Variational Omni STRK	0.04329	0.0100	get 0.0050% / 4h	2h 22m	$332K	$2.0M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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 Variational OmnibpOrdersPrice spread, now −2.680%Rate

Funding earned: $0
Price spread: −2.680% → −2.584%: −$9.61
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$17.61
Costs to cover: 0.080%
Break-even: never at this rate

Slippage unknown: SunX: live order book, 19 min ago; Variational Omni: RFQ quote, 1 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, 19 min ago	253.55 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 1 min ago	6.91 bp	doesn't fit	57.6 bp −$576	doesn't fit	doesn't fit

STRK on 23 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	−0.0560%	1h	0.04277	−3.844%	$60K	$86K	25x	as long as short
Kraken Futures PF_STRKUSD	−0.0304%	1h	0.04347	−2.282%	$457K	$538K	20x	as long as short
dYdX STRK-USD	0.0000%	1h	0.04353	−2.133%	$20K	$24K	5x	as long as short
Injective STRK/USDC PERP	+0.0033%	1h	0.05070	+13.984%	$3K	$38K	5.5x	as long as short
Paradex STRK-USD-PERP	+0.0100%	8h	0.04350	−2.214%	$8K	$144	20x	as long as short
Hyperliquid STRK	+0.0100%	1h	0.04345	−2.316%	$14.7M	$7.1M	5x	as long as short
Aster STRKUSDT	+0.0100%	4h	0.04348	−2.253%	$33K	$328K	10x	as long as short
Pacifica STRK	+0.0100%	1h	0.04354	−2.109%	$43K	$69K	5x	as long as short
Binance STRKUSDT	+0.0100%	4h	0.04342	−2.379%	$12.4M	$47.4M	75x	as long as short
Bybit STRKUSDT	+0.0100%	4h	0.04337	−2.496%	$15.0M	$21.0M	50x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX STRK-USDT-SWAP	+0.0100%	4h	0.04341	−2.406%	$4.7M	$21.8M	50x	as long as short
Gate STRK_USDT	+0.0100%	4h	0.04346	−2.293%	$591K	$1.3M	50x	as long as short
MEXC STRK_USDT	+0.0100%	4h	0.04343	−2.361%	$12.3M	$2.2M	100x	as long as short
KuCoin STRKUSDTM	+0.0100%	4h	0.04345	−2.316%	$1.5M	$1.8M	50x	as long as short
Bitget STRKUSDT	+0.0100%	4h	0.04342	−2.376%	$3.1M	$3.8M	75x	as long as short
BingX STRK-USDT	+0.0100%	4h	0.04344	−2.338%	—	$26.3M	—	as long as short
Backpack STRK_USDC_PERP	+0.0100%	1h	0.04344	−2.338%	$24K	$146K	10x	as long as short
Variational Omni STRKshort	+0.0100%	4h	0.04329	−2.680%	$332K	$2.0M	—
GRVT STRK_USDT_Perp	+0.0100%	4h	0.04340	−2.433%	$188K	$3.6M	10x	as long as short
SunX STRK-USDTlong	+0.0100%	4h	0.04448	long leg	$2K	$840K	20x
Extended STRK-USD	+0.0104%	1h	0.04343	−2.353%	$121K	$661K	10x	as long as short
Deribit STRK_USDC-PERPETUAL	+0.0210%	1h	0.04348	−2.248%	$8K	$44K	25x	as long as short
Lighter STRK	+0.0224%	1h	0.04351	−2.181%	$265K	$506K	5x	as long as short