Funding you earn now, next payment 00:00 UTC−0.0025%/8h= −2.8% APRpaid last 24h −0.044%
Price spread now: Injective against Bitget+2.123%101s7-day average −1.798% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.232%+$23 on $10k
+Price spread, last 3 days (all we have)−4.663%−$466 · spread now +2.123%, 7d avg −1.798%
=The price spread pays, funding is against you. Injective is 3.921% dearer against Bitget than usual: you sell high and buy low (spread +2.123% now, against its 7-day average of −1.798%): +$392 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 17 months. Mind the row above: over the last 7 days funding on this pair paid +0.232%, so the current rate has only just turned against you. The two prices were read 101 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget STXUSDT | 0.3391 | 0.0025 | pay 0.0025% / 8h | 11m 46s | $4.9M | $1.9M | 50x |
| Short | Injective STX/USDC PERP | 0.3463 | 0.0000 | pay 0.0000% / 1h | 11m 46s | $4K | $264K | 12x |
Bitget STXUSDT
Injective STX/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Bitget. 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
- −$5.34
- Price spread: +2.123% → −1.798%
- $392.15
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $374.79
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Bitget: live order book, 1 min ago; Injective: no order-book sample. 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 Bitget live order book, 1 min ago | 2.95 bp | 25.6 bp −$26 | 56.9 bp −$569 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.1680% | 1h | 0.3397 | +0.188% | $74K | $122K | 20x | as long as short |
| Variational Omni STX | −0.0443% | 8h | 0.3393 | +0.059% | $783K | $312K | — | as long as short |
| gTrade (Gains Network) STX/USD | L −0.0002% / S +0.0003% | 1h | 0.3394 | +0.100% | — | — | 150x | as long as short |
| Injective STX/USDC PERPshort | 0.0000% | 1h | 0.3463 | +2.123% | $4K | $264K | 12x | |
| Bitget STXUSDTlong | +0.0025% | 8h | 0.3391 | long leg | $4.9M | $1.9M | 50x | |
| BloFin STX-USDT | +0.0074% | 8h | 0.3402 | +0.324% | $424K | $229K | 20x | as long as short |
| Hyperliquid STX | +0.0100% | 1h | 0.3402 | +0.321% | $1.5M | $998K | 5x | as long as short |
| Aster STXUSDT | +0.0100% | 8h | 0.3394 | +0.103% | $127K | $67K | 10x | as long as short |
| Binance STXUSDT | +0.0100% | 8h | 0.3397 | +0.167% | $8.0M | $20.0M | 75x | as long as short |
| Bybit STXUSDT | +0.0100% | 8h | 0.3393 | +0.062% | $8.7M | $7.4M | 75x | as long as short |
Kraken Futures PF_STXUSD
Variational Omni STX
gTrade (Gains Network) STX/USD
BloFin STX-USDT
Hyperliquid STX
Aster STXUSDT
Binance STXUSDT
Bybit STXUSDTShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX STX-USDT-SWAP | +0.0100% | 8h | 0.3396 | +0.147% | $2.3M | $6.4M | 20x | as long as short |
| Gate STX_USDT | +0.0100% | 8h | 0.3393 | +0.059% | $596K | $447K | 50x | as long as short |
| MEXC STX_USDT | +0.0100% | 8h | 0.3397 | +0.177% | $6.2M | $1.4M | 50x | as long as short |
| KuCoin STXUSDTM | +0.0100% | 8h | 0.3394 | +0.088% | $2.4M | $1.7M | 50x | as long as short |
| BingX STX-USDT | +0.0100% | 8h | 0.3396 | +0.147% | — | $16.2M | — | as long as short |
| ApeX Omni STXUSDT | +0.0100% | 1h | 0.3397 | +0.177% | $57K | $680K | 50x | as long as short |
| Extended STX-USD | +0.0104% | 1h | 0.3395 | +0.132% | $184K | $590K | 10x | as long as short |
| GMX STX/USD [WBTC.b-USDC] | L +0.0193% / S −0.0366% | 1h | 0.3396 | +0.155% | $5K | — | 100x | as long as short |
OKX STX-USDT-SWAP
Gate STX_USDT
MEXC STX_USDT
KuCoin STXUSDTM
BingX STX-USDT
ApeX Omni STXUSDT
Extended STX-USD
GMX STX/USD [WBTC.b-USDC]