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

STX

all STX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0022%/8h= −2.4% APRnext payment $0.22 per $10,000 · paid last 24h −0.023%
Price spread now: KuCoin against BloFin−0.201%7-day average −0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$140as in the Funding arb table
Net, price: spread back to 7d avg − costs−$150as in the Price arb table
costs, in and out, $10k−$1331.333% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.065%−$7 on $10k
Price spread, last 4 days (all we have)−0.186%−$19 · spread now −0.201%, 7d avg −0.032%
Together, before fees−0.251%−$25 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and KuCoin is 0.169% cheaper against BloFin than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of −0.032%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin STX-USDT0.34750.0122pay 0.0122% / 8h39m 12s$432K$231K20x
ShortKuCoin STXUSDTM0.34680.0100get 0.0100% / 8h39m 12s$2.4M$1.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
−$4.58
Price spread: −0.201% → −0.032%
−$16.9
Slippage, 4 orders
−$109.27
Fee BloFin: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$154.74
Costs to cover
1.333%
Break-even
never at this rate
Slippage from BloFin: live order book, 33 min ago; KuCoin: live order book, 7 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, 33 min ago1.44 bp20.4 bp −$2051.2 bp −$512236.3 bp −$23.6Kdoesn't fit
Sell KuCoin live order book, 7 min ago7.22 bp49.7 bp −$50105.1 bp −$1,051doesn'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−0.0502%1h0.3470−0.150%$78K$136K20xas long as short
Variational Omni STX−0.0073%8h0.3458−0.480%$777K$244Kas long as short
gTrade (Gains Network) STX/USDL −0.0002% / S +0.0003%1h0.3473−0.058%150xas long as short
Injective STX/USDC PERP+0.0033%1h0.3463−0.345%$4K$264K12xas long as short
Hyperliquid STX+0.0100%1h0.3475+0.012%$1.5M$884K5xas long as short
Aster STXUSDT+0.0100%8h0.3470−0.138%$129K$72K10xas long as short
Binance STXUSDT+0.0100%8h0.3473−0.044%$8.3M$19.4M75xas long as short
Bybit STXUSDT+0.0100%8h0.3470−0.144%$9.0M$7.1M75xas long as short
OKX STX-USDT-SWAP+0.0100%8h0.3476+0.029%$2.4M$6.3M20xas long as short
Gate STX_USDT+0.0100%8h0.3466−0.259%$633K$413K50xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC STX_USDT+0.0100%8h0.3472−0.086%$5.9M$1.2M50xas long as short
KuCoin STXUSDTMshort+0.0100%8h0.3468−0.201%$2.4M$1.1M50x
Bitget STXUSDT+0.0100%8h0.3472−0.086%$4.8M$2.2M50xas long as short
BingX STX-USDT+0.0100%8h0.3472−0.086%$13.5Mas long as short
ApeX Omni STXUSDT+0.0100%1h0.3464−0.317%$63K$688K50xas long as short
Extended STX-USD+0.0104%1h0.3467−0.228%$182K$795K10xas long as short
BloFin STX-USDTlong+0.0122%8h0.3475long leg$432K$231K20x
GMX STX/USD [WBTC.b-USDC]L +0.0191% / S −0.0304%1h0.3476+0.023%$5K100xas long as short