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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin STX-USDT | 0.3475 | 0.0122 | pay 0.0122% / 8h | 39m 12s | $432K | $231K | 20x |
| Short | KuCoin STXUSDTM | 0.3468 | 0.0100 | get 0.0100% / 8h | 39m 12s | $2.4M | $1.1M | 50x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BloFin live order book, 33 min ago | 1.44 bp | 20.4 bp −$20 | 51.2 bp −$512 | 236.3 bp −$23.6K | doesn't fit |
| Sell KuCoin live order book, 7 min ago | 7.22 bp | 49.7 bp −$50 | 105.1 bp −$1,051 | 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 | −0.0502% | 1h | 0.3470 | −0.150% | $78K | $136K | 20x | as long as short |
| Variational Omni STX | −0.0073% | 8h | 0.3458 | −0.480% | $777K | $244K | — | as long as short |
| gTrade (Gains Network) STX/USD | L −0.0002% / S +0.0003% | 1h | 0.3473 | −0.058% | — | — | 150x | as long as short |
| Injective STX/USDC PERP | +0.0033% | 1h | 0.3463 | −0.345% | $4K | $264K | 12x | as long as short |
| Hyperliquid STX | +0.0100% | 1h | 0.3475 | +0.012% | $1.5M | $884K | 5x | as long as short |
| Aster STXUSDT | +0.0100% | 8h | 0.3470 | −0.138% | $129K | $72K | 10x | as long as short |
| Binance STXUSDT | +0.0100% | 8h | 0.3473 | −0.044% | $8.3M | $19.4M | 75x | as long as short |
| Bybit STXUSDT | +0.0100% | 8h | 0.3470 | −0.144% | $9.0M | $7.1M | 75x | as long as short |
| OKX STX-USDT-SWAP | +0.0100% | 8h | 0.3476 | +0.029% | $2.4M | $6.3M | 20x | as long as short |
| Gate STX_USDT | +0.0100% | 8h | 0.3466 | −0.259% | $633K | $413K | 50x | as long as short |
Show all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC STX_USDT | +0.0100% | 8h | 0.3472 | −0.086% | $5.9M | $1.2M | 50x | as long as short |
| KuCoin STXUSDTMshort | +0.0100% | 8h | 0.3468 | −0.201% | $2.4M | $1.1M | 50x | |
| Bitget STXUSDT | +0.0100% | 8h | 0.3472 | −0.086% | $4.8M | $2.2M | 50x | as long as short |
| BingX STX-USDT | +0.0100% | 8h | 0.3472 | −0.086% | — | $13.5M | — | as long as short |
| ApeX Omni STXUSDT | +0.0100% | 1h | 0.3464 | −0.317% | $63K | $688K | 50x | as long as short |
| Extended STX-USD | +0.0104% | 1h | 0.3467 | −0.228% | $182K | $795K | 10x | as long as short |
| BloFin STX-USDTlong | +0.0122% | 8h | 0.3475 | long leg | $432K | $231K | 20x | |
| GMX STX/USD [WBTC.b-USDC] | L +0.0191% / S −0.0304% | 1h | 0.3476 | +0.023% | $5K | — | 100x | as long as short |
BloFin STX-USDT
KuCoin STXUSDTM
Kraken Futures PF_STXUSD
Variational Omni STX
gTrade (Gains Network) STX/USD
Injective STX/USDC PERP
Hyperliquid STX
Aster STXUSDT
Binance STXUSDT
Bybit STXUSDT
OKX STX-USDT-SWAP
Gate STX_USDT
MEXC STX_USDT
Bitget STXUSDT
BingX STX-USDT
ApeX Omni STXUSDT
Extended STX-USD
GMX STX/USD [WBTC.b-USDC]