Funding you earn now, next payment 00:00 UTC+0.0026%/8h= +2.9% APRnext payment +$0.26 per $10,000 · paid last 24h −0.005%
Price spread now: Bybit against BloFin+0.029%102s7-day average −0.107% · you sell dearer than you buy
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$670.670% of the position
Funding, last 7 days+0.023%+$2 on $10k
+Price spread, last 3 days (all we have)−2.200%−$220 · spread now +0.029%, 7d avg −0.107%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Bybit is 0.136% dearer against BloFin than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of −0.107%. The two prices were read 102 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 | BloFin STX-USDT | 0.3438 | 0.0074 | pay 0.0074% / 8h | 2h 49m | $436K | $246K | 20x |
| Short | Bybit STXUSDT | 0.3439 | 0.0100 | get 0.0100% / 8h | 2h 49m | $8.8M | $7.5M | 75x |
BloFin STX-USDT
Bybit STXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against BloFin. 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
- $5.52
- Price spread: +0.029% → −0.107%
- $13.59
- Slippage, 4 orders
- −$43.96
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$47.85
- Costs to cover
- 0.670%
- Break-even
- 67.7 days
Slippage from BloFin: live order book, 36 min ago; Bybit: live order book, 4 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 BloFin live order book, 36 min ago | 2.93 bp | 12.6 bp −$13 | 37.3 bp −$373 | 197.5 bp −$19.8K | doesn't fit |
| Sell Bybit live order book, 4 min ago | 1.45 bp | 16.7 bp −$17 | 55.9 bp −$559 | 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 | −0.1353% | 1h | 0.3449 | +0.315% | $77K | $158K | 20x | as long as short |
| Variational Omni STX | −0.0638% | 8h | 0.3432 | −0.189% | $820K | $309K | — | as long as short |
| ApeX Omni STXUSDT | −0.0231% | 1h | 0.3433 | −0.145% | $57K | $677K | 50x | as long as short |
| gTrade (Gains Network) STX/USD | L −0.0002% / S +0.0003% | 1h | 0.3448 | +0.289% | — | — | 150x | as long as short |
| Injective STX/USDC PERP | +0.0033% | 1h | 0.3349 | −2.589% | $4K | $111K | 12x | as long as short |
| BloFin STX-USDTlong | +0.0074% | 8h | 0.3438 | long leg | $436K | $246K | 20x | |
| Aster STXUSDT | +0.0100% | 8h | 0.3441 | +0.074% | $129K | $67K | 10x | as long as short |
| Binance STXUSDT | +0.0100% | 8h | 0.3444 | +0.175% | $8.0M | $20.2M | 75x | as long as short |
| Bybit STXUSDTshort | +0.0100% | 8h | 0.3439 | +0.029% | $8.8M | $7.5M | 75x | |
| OKX STX-USDT-SWAP | +0.0100% | 8h | 0.3443 | +0.145% | $2.4M | $6.7M | 20x | as long as short |
Kraken Futures PF_STXUSD
Variational Omni STX
ApeX Omni STXUSDT
gTrade (Gains Network) STX/USD
Injective STX/USDC PERP
Aster STXUSDT
Binance STXUSDT
OKX STX-USDT-SWAPShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate STX_USDT | +0.0100% | 8h | 0.3442 | +0.116% | $607K | $434K | 50x | as long as short |
| MEXC STX_USDT | +0.0100% | 8h | 0.3444 | +0.175% | $6.3M | $1.5M | 50x | as long as short |
| KuCoin STXUSDTM | +0.0100% | 8h | 0.3442 | +0.116% | $2.5M | $1.8M | 50x | as long as short |
| Bitget STXUSDT | +0.0100% | 8h | 0.3440 | +0.058% | $5.0M | $1.9M | 50x | as long as short |
| BingX STX-USDT | +0.0100% | 8h | 0.3441 | +0.087% | — | $15.8M | — | as long as short |
| Extended STX-USD | +0.0104% | 1h | 0.3444 | +0.165% | $181K | $585K | 10x | as long as short |
| GMX STX/USD [WBTC.b-USDC] | L +0.0191% / S −0.0313% | 1h | 0.3449 | +0.330% | $5K | — | 100x | as long as short |
| Hyperliquid STX | +0.0354% | 1h | 0.3450 | +0.343% | $1.5M | $1.0M | 5x | as long as short |
Gate STX_USDT
MEXC STX_USDT
KuCoin STXUSDTM
Bitget STXUSDT
BingX STX-USDT
Extended STX-USD
GMX STX/USD [WBTC.b-USDC]
Hyperliquid STX