Funding arb · Price arb /

STX

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: MEXC against Binance+0.049%7-day average −0.006% · you sell dearer than you buy

Net, funding: paid 7d − costs−$48as in the Funding arb table

Net, price: spread back to 7d avg − costs−$43as in the Price arb table

costs, in and out, $10k−$480.484% of the position

Long on Binance Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.001%$0 on $10k

Price spread, last 7 days−0.030%−$3 · spread now +0.049%, 7d avg −0.006%

Together, before fees−0.029%−$3 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 0.055% dearer against Binance than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.006%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance STXUSDT	0.3393	0.0100	pay 0.0100% / 8h	4h 27m	$7.8M	$17.7M	75x
Short	MEXC STX_USDT	0.3395	0.0100	get 0.0100% / 8h	4h 27m	$6.0M	$1.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.049%Rate

Funding earned: $0
Price spread: +0.049% → −0.006%: $5.5
Slippage, 4 orders: −$34.45
Fee Binance: 5 bp × 2 orders: −$10
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$42.94
Costs to cover: 0.484%
Break-even: never at this rate

Slippage from Binance: live order book, 14 min ago; MEXC: live order book, just now.

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, 14 min ago	1.48 bp	14.6 bp −$15	43.7 bp −$437	doesn't fit	doesn't fit
Sell MEXC live order book, just now	1.48 bp	7.3 bp −$7	25.9 bp −$259	131.1 bp −$13.1K	162.9 bp −$81.5K

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	−0.0855%	1h	0.3391	−0.056%	$70K	$115K	20x	as long as short
Variational Omni STX	−0.0268%	8h	0.3376	−0.499%	$781K	$230K	—	as long as short
gTrade (Gains Network) STX/USD	L −0.0002% / S +0.0003%	1h	0.3391	−0.066%	—	—	150x	as long as short
Injective STX/USDC PERP	+0.0033%	1h	0.3463	+2.053%	$4K	$264K	12x	as long as short
Gate STX_USDT	+0.0078%	8h	0.3389	−0.128%	$610K	$350K	50x	as long as short
Aster STXUSDT	+0.0100%	8h	0.3394	+0.030%	$127K	$55K	10x	as long as short
Binance STXUSDTlong	+0.0100%	8h	0.3393	long leg	$7.8M	$17.7M	75x
Bybit STXUSDT	+0.0100%	8h	0.3389	−0.128%	$8.6M	$6.4M	75x	as long as short
OKX STX-USDT-SWAP	+0.0100%	8h	0.3390	−0.098%	$2.3M	$5.3M	20x	as long as short
MEXC STX_USDTshort	+0.0100%	8h	0.3395	+0.049%	$6.0M	$1.2M	50x

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin STXUSDTM	+0.0100%	8h	0.3395	+0.049%	$2.4M	$1.1M	50x	as long as short
Bitget STXUSDT	+0.0100%	8h	0.3392	−0.039%	$4.6M	$1.9M	50x	as long as short
BingX STX-USDT	+0.0100%	8h	0.3392	−0.039%	—	$13.5M	—	as long as short
ApeX Omni STXUSDT	+0.0100%	1h	0.3389	−0.128%	$60K	$698K	50x	as long as short
Extended STX-USD	+0.0104%	1h	0.3393	−0.024%	$179K	$615K	10x	as long as short
BloFin STX-USDT	+0.0118%	8h	0.3389	−0.128%	$410K	$215K	20x	as long as short
GMX STX/USD [WBTC.b-USDC]	L +0.0190% / S −0.0304%	1h	0.3390	−0.110%	$5K	—	100x	as long as short
Hyperliquid STX	+0.0259%	1h	0.3395	+0.055%	$1.4M	$729K	5x	as long as short