STRK Funding Rate — live across 2 venues

Compared across 2 supported venues · net of estimated fees · updated every few minutes

Live annualized STRK perpetual funding across all 2 venues Perpia tracks. Right now STRK funding is positive on 2 and negative on 0, ranging from +23.6% on BackPack to +10.9% on Gate.io — a spread of 12.7%. The widest delta-neutral trade is long Gate.io / short BackPack at 6.2% net APR.

venues

paying positive

12.7%

funding spread

Best STRK spread now

6.2%

net APR after fees

Long Gate.io→Short BackPack

size depends on live venue depth — see the real cap in the scanner

STRK funding trend & liquidity

12.7%

current gross APR

—

24h average

—

7-day average

$28K

pair OI · lower leg

$18K

24h volume · lower leg

Averages are historical funding over the window shown. A current rate near the 7-day average may indicate the spread has persisted; a rate far above it is usually a short-lived spike. OI and volume are the smaller (binding) leg of the best pair — the ceiling on tradeable size.

STRK funding rate history

30d · 6h buckets · 12 venues

132%0-228.7%

6 Aug5 Sep

STRK — average across 12 venuesAsterBackPackExtendedHyperliquid

Annualized funding, averaged into 6-hour buckets. The bold line is the mean across venues quoting in that bucket; the faint lines are individual venues. Mean over the window: +3.7%. A break in a line means no data was recorded for that stretch, not a zero rate.

STRK funding rate by venue

1 pairs scanned

Venue	Funding APR	Interval
BackPack ↗	+23.6%	1h
Gate.io ↗	+10.9%	4h

Rates annualized; updated ~every few minutes from live venue data. Venue names link to that exchange's full funding table; ↗ opens the market on the exchange itself. Every spread between these two venues is on the Gate.io vs BackPack page.

STRK arbitrage — 30-day backtest

long Gate.io · short BackPack

-4.8%

backtested APR

−$40

historical net P&L on $10,000

1.34%

max drawdown

$10,000$9,960

30 days agostarting capital $10,000today

Over the last 30 days, holding long Gate.io / short BackPack would have produced -4.8% APR — versus the 6.2% the live spread implies right now (equity $10,000 → $9,960). This is a backtest on historical funding, not a live result: funding drifts and decays, so backtested results rarely match the current headline rate — which is why size and holding window matter more than the top-line number.

Open full interactive backtest →

Loading STRK backtest…

STRK funding — FAQ

Is STRK funding positive right now?

STRK perpetual funding is positive on 2 of 2 venues Perpia tracks. The highest is +23.6% on BackPack; the lowest is +10.9% on Gate.io.

What is the best STRK funding arbitrage right now?

Go long Gate.io and short BackPack for about 6.2% net APR after fees — the widest delta-neutral STRK spread Perpia currently sees.

Which exchange has the highest STRK funding rate?

BackPack, at +23.6% annualized. Funding shifts continuously, so check the live table above before trading.

How STRK funding arbitrage works

Funding arbitrage combines opposing positions on two venues — long the one paying the most negative funding, short the one paying the most positive — to reduce directional exposure and capture the difference between their funding payments. Fees, slippage, basis divergence and liquidation risk can reduce the result. See the methodology for how it is measured and the guide for the full walkthrough.

Markets related to STRK

Markets also quoted on both BackPack and Gate.io — the same two exchanges you would already have funded for the STRK trade.

See every spread between them on the BackPack vs Gate.io page.

Open the live scanner →All funding rates Funding by exchange How we calculate this