Funding you earn now, next payment 08:00 UTC−0.0055%/8h= −6.0% APRnext payment −$0.55 per $10,000 · paid last 24h −0.007%
Price spread now: Gate against BingX−0.118%7-day average −0.041% · you buy dearer than you sell
Net, funding: paid 7d − costs−$146as in the Funding arb table
Net, price: spread back to 7d avg − costs−$143as in the Price arb table
costs, in and out, $10k−$1351.354% of the position
Funding, last 7 days−0.107%−$11 on $10k
+Price spread, last 4 days (all we have)+0.118%+$12 · spread now −0.118%, 7d avg −0.041%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Gate is 0.077% cheaper against BingX than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.041%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX STX-USDT | 0.3378 | 0.0100 | pay 0.0100% / 8h | 5h 22m | — | $13.6M | — |
| Short | Gate STX_USDT | 0.3374 | 0.0045 | get 0.0045% / 8h | 5h 22m | $596K | $345K | 50x |
BingX STX-USDT
Gate STX_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against BingX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$11.55
- Price spread: −0.118% → −0.041%
- −$7.7
- Slippage, 4 orders
- −$110.39
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$154.63
- Costs to cover
- 1.354%
- Break-even
- never at this rate
Slippage from BingX: live order book, 6 min ago; Gate: live order book, 39 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 BingX live order book, 6 min ago | 2.97 bp | 17.2 bp −$17 | 38.3 bp −$383 | 312.8 bp −$31.3K | 498.9 bp −$249.5K |
| Sell Gate live order book, 39 min ago | 2.98 bp | 38.0 bp −$38 | 218.3 bp −$2,183 | 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 | −0.0761% | 1h | 0.3373 | −0.136% | $69K | $112K | 20x | as long as short |
| Variational Omni STX | −0.0341% | 8h | 0.3359 | −0.568% | $770K | $253K | — | as long as short |
| gTrade (Gains Network) STX/USD | L −0.0002% / S +0.0003% | 1h | 0.3380 | +0.064% | — | — | 150x | as long as short |
| Injective STX/USDC PERP | +0.0033% | 1h | 0.3463 | +2.516% | $4K | $264K | 12x | as long as short |
| Gate STX_USDTshort | +0.0045% | 8h | 0.3374 | −0.118% | $596K | $345K | 50x | |
| BloFin STX-USDT | +0.0081% | 8h | 0.3374 | −0.118% | $410K | $216K | 20x | as long as short |
| Aster STXUSDT | +0.0100% | 8h | 0.3377 | −0.015% | $127K | $57K | 10x | as long as short |
| Binance STXUSDT | +0.0100% | 8h | 0.3381 | +0.089% | $7.7M | $18.1M | 75x | as long as short |
| Bybit STXUSDT | +0.0100% | 8h | 0.3377 | −0.021% | $8.5M | $6.5M | 75x | as long as short |
| OKX STX-USDT-SWAP | +0.0100% | 8h | 0.3381 | +0.089% | $2.3M | $5.4M | 20x | as long as short |
Kraken Futures PF_STXUSD
Variational Omni STX
gTrade (Gains Network) STX/USD
Injective STX/USDC PERP
BloFin STX-USDT
Aster STXUSDT
Binance STXUSDT
Bybit STXUSDT
OKX STX-USDT-SWAPShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC STX_USDT | +0.0100% | 8h | 0.3378 | 0.000% | $6.0M | $1.2M | 50x | as long as short |
| KuCoin STXUSDTM | +0.0100% | 8h | 0.3378 | 0.000% | $2.4M | $1.5M | 50x | as long as short |
| Bitget STXUSDT | +0.0100% | 8h | 0.3379 | +0.030% | $4.6M | $2.0M | 50x | as long as short |
| BingX STX-USDTlong | +0.0100% | 8h | 0.3378 | long leg | — | $13.6M | — | |
| ApeX Omni STXUSDT | +0.0100% | 1h | 0.3366 | −0.355% | $49K | $689K | 50x | as long as short |
| Extended STX-USD | +0.0104% | 1h | 0.3377 | −0.028% | $177K | $618K | 10x | as long as short |
| Hyperliquid STX | +0.0154% | 1h | 0.3386 | +0.243% | $1.5M | $735K | 5x | as long as short |
| GMX STX/USD [WBTC.b-USDC] | L +0.0190% / S −0.0304% | 1h | 0.3375 | −0.095% | $4K | — | 100x | as long as short |
MEXC STX_USDT
KuCoin STXUSDTM
Bitget STXUSDT
ApeX Omni STXUSDT
Extended STX-USD
Hyperliquid STX
GMX STX/USD [WBTC.b-USDC]