Funding arb · Price arb /

STX

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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 −0.006%

Price spread now: Bybit against Binance−0.059%7-day average −0.094% · you buy dearer than you sell

Net, funding: paid 7d − costs−$66as in the Funding arb table

Net, price: spread back to 7d avg − costs−$66as in the Price arb table

costs, in and out, $10k−$690.693% of the position

Long on Binance Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.031%+$3 on $10k

Price spread, last 7 days−0.011%−$1 · spread now −0.059%, 7d avg −0.094%

Together, before fees+0.020%+$2 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: Bybit is 0.035% dearer against Binance than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.094%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance STXUSDT	0.3409	0.0100	pay 0.0100% / 8h	2h 16m	$8.0M	$20.2M	75x
Short	Bybit STXUSDT	0.3407	0.0100	get 0.0100% / 8h	2h 16m	$8.7M	$7.5M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Binance. 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 BinancebpFee BybitbpOrdersPrice spread, now −0.059%Rate

Funding earned: $0
Price spread: −0.059% → −0.094%: $3.49
Slippage, 4 orders: −$48.34
Fee Binance: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$65.85
Costs to cover: 0.693%
Break-even: never at this rate

Slippage from Binance: live order book, 10 min ago; Bybit: live order book, 2 min ago.

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 Binance live order book, 10 min ago	1.46 bp	12.7 bp −$13	58.3 bp −$583	doesn't fit	doesn't fit
Sell Bybit live order book, 2 min ago	1.47 bp	20.3 bp −$20	52.5 bp −$525	doesn't fit	doesn't fit

STX on 18 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
Kraken Futures PF_STXUSD	−0.1367%	1h	0.3412	+0.097%	$76K	$159K	20x	as long as short
Variational Omni STX	−0.0556%	8h	0.3415	+0.185%	$811K	$307K	—	as long as short
gTrade (Gains Network) STX/USD	L −0.0002% / S +0.0003%	1h	0.3410	+0.038%	—	—	150x	as long as short
Injective STX/USDC PERP	+0.0033%	1h	0.3441	+0.939%	$4K	$148K	12x	as long as short
BloFin STX-USDT	+0.0099%	8h	0.3412	+0.088%	$432K	$241K	20x	as long as short
Aster STXUSDT	+0.0100%	8h	0.3413	+0.111%	$128K	$67K	10x	as long as short
Binance STXUSDTlong	+0.0100%	8h	0.3409	long leg	$8.0M	$20.2M	75x
Bybit STXUSDTshort	+0.0100%	8h	0.3407	−0.059%	$8.7M	$7.5M	75x
OKX STX-USDT-SWAP	+0.0100%	8h	0.3410	+0.029%	$2.4M	$6.6M	20x	as long as short
Gate STX_USDT	+0.0100%	8h	0.3405	−0.117%	$597K	$442K	50x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC STX_USDT	+0.0100%	8h	0.3409	0.000%	$6.3M	$1.5M	50x	as long as short
KuCoin STXUSDTM	+0.0100%	8h	0.3413	+0.117%	$2.4M	$1.8M	50x	as long as short
Bitget STXUSDT	+0.0100%	8h	0.3408	−0.029%	$4.9M	$2.0M	50x	as long as short
BingX STX-USDT	+0.0100%	8h	0.3410	+0.029%	—	$15.8M	—	as long as short
ApeX Omni STXUSDT	+0.0100%	1h	0.3419	+0.293%	$57K	$681K	50x	as long as short
Extended STX-USD	+0.0104%	1h	0.3409	−0.014%	$180K	$585K	10x	as long as short
GMX STX/USD [WBTC.b-USDC]	L +0.0191% / S −0.0313%	1h	0.3414	+0.135%	$5K	—	100x	as long as short
Hyperliquid STX	+0.0269%	1h	0.3416	+0.197%	$1.5M	$1.0M	5x	as long as short