Settings8H · net · $10k
Funding arb · Price arb /

STX

all STX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0021%/8h= +2.3% APRpaid last 24h +0.023%
Price spread now: Hyperliquid against BloFin+0.126%7-day average +0.059% · you sell dearer than you buy
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$680.681% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.053%+$5 on $10k
Price spread, last 3 days (all we have)−0.816%−$82 · spread now +0.126%, 7d avg +0.059%
Together, before fees−0.763%+ Points / potential airdropHyperliquid: Season 2 · farm board−$76 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Hyperliquid is 0.067% dearer against BloFin than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.059%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin STX-USDT0.34040.0079pay 0.0079% / 8h34m 44s$429K$231K20x
ShortHyperliquid STX0.34080.0100get 0.0013% / 1h34m 44s$1.5M$1.0M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against BloFin. 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

Funding earned
$4.36
Price spread: +0.126% → +0.059%
$6.73
Slippage, 4 orders
−$47.07
Fee BloFin: 6 bp × 2 orders
−$12
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$56.98
Costs to cover
0.681%
Break-even
98.4 days
Slippage from BloFin: live order book, 41 min ago; Hyperliquid: live order book, 6 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 41 min ago4.34 bp17.5 bp −$1837.8 bp −$378239.1 bp −$23.9Kdoesn't fit
Sell Hyperliquid live order book, 6 min ago1.32 bp11.3 bp −$11doesn't fitdoesn't fitdoesn't fit

STX on 18 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_STXUSD−0.1676%1h0.3405+0.037%$75K$125K20xas long as short
Variational Omni STX−0.0445%8h0.3406+0.062%$786K$332Kas long as short
gTrade (Gains Network) STX/USDL −0.0002% / S +0.0003%1h0.3410+0.190%150xas long as short
Injective STX/USDC PERP0.0000%1h0.3463+1.733%$4K$264K12xas long as short
Bitget STXUSDT+0.0060%8h0.3400−0.118%$4.9M$1.9M50xas long as short
BloFin STX-USDTlong+0.0079%8h0.3404long leg$429K$231K20x
Hyperliquid STXshort+0.0100%1h0.3408+0.126%$1.5M$1.0M5x
Aster STXUSDT+0.0100%8h0.3404+0.003%$127K$67K10xas long as short
Binance STXUSDT+0.0100%8h0.3406+0.049%$8.0M$19.9M75xas long as short
Bybit STXUSDT+0.0100%8h0.3398−0.165%$8.7M$7.5M75xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX STX-USDT-SWAP+0.0100%8h0.3402−0.059%$2.4M$6.5M20xas long as short
Gate STX_USDT+0.0100%8h0.3398−0.176%$596K$443K50xas long as short
MEXC STX_USDT+0.0100%8h0.3405+0.029%$6.2M$1.3M50xas long as short
KuCoin STXUSDTM+0.0100%8h0.3405+0.029%$2.4M$1.7M50xas long as short
BingX STX-USDT+0.0100%8h0.3400−0.118%$16.1Mas long as short
ApeX Omni STXUSDT+0.0100%1h0.3413+0.264%$57K$679K50xas long as short
Extended STX-USD+0.0104%1h0.3403−0.020%$184K$590K10xas long as short
GMX STX/USD [WBTC.b-USDC]L +0.0194% / S −0.0366%1h0.3411+0.211%$5K100xas long as short