Funding you earn now, next payment 00:00 UTC−0.0024%/8h= −2.6% APRnext payment −$0.24 per $10,000 · paid last 24h +0.001%
Price spread now: MEXC against BloFin−0.145%49s7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$53as 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−$520.521% of the position
Funding, last 7 days−0.007%−$1 on $10k
+Price spread, last 3 days (all we have)−0.597%−$60 · spread now −0.145%, 7d avg −0.014%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and MEXC is 0.131% cheaper against BloFin than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of −0.014%). Swap the legs. The two prices were read 49 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 | 0.3452 | 0.0124 | pay 0.0124% / 8h | 1h 34m | $430K | $236K | 20x |
| Short | MEXC STX_USDT | 0.3447 | 0.0100 | get 0.0100% / 8h | 1h 34m | $6.3M | $1.4M | 50x |
BloFin STX-USDT
MEXC STX_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$4.98
- Price spread: −0.145% → −0.014%
- −$13.07
- Slippage, 4 orders
- −$36.12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$70.16
- Costs to cover
- 0.521%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 46 min ago; MEXC: live order book, 3 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, 46 min ago | 2.93 bp | 15.3 bp −$15 | 42.4 bp −$424 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 1.45 bp | 8.2 bp −$8 | 28.7 bp −$287 | 129.9 bp −$13.0K | 162.8 bp −$81.4K |
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 | −0.0727% | 1h | 0.3450 | −0.071% | $76K | $159K | 20x | as long as short |
| Variational Omni STX | −0.0484% | 8h | 0.3452 | +0.003% | $820K | $306K | — | as long as short |
| Injective STX/USDC PERP | −0.0090% | 1h | 0.3463 | +0.319% | $4K | $264K | 12x | as long as short |
| gTrade (Gains Network) STX/USD | L −0.0002% / S +0.0003% | 1h | 0.3447 | −0.159% | — | — | 150x | as long as short |
| Hyperliquid STX | +0.0100% | 1h | 0.3451 | −0.023% | $1.5M | $1.0M | 5x | as long as short |
| Aster STXUSDT | +0.0100% | 8h | 0.3447 | −0.131% | $129K | $67K | 10x | as long as short |
| Binance STXUSDT | +0.0100% | 8h | 0.3446 | −0.179% | $8.1M | $19.9M | 75x | as long as short |
| Bybit STXUSDT | +0.0100% | 8h | 0.3443 | −0.261% | $8.8M | $7.4M | 75x | as long as short |
| OKX STX-USDT-SWAP | +0.0100% | 8h | 0.3447 | −0.145% | $2.4M | $6.6M | 20x | as long as short |
| Gate STX_USDT | +0.0100% | 8h | 0.3444 | −0.232% | $602K | $443K | 50x | as long as short |
Kraken Futures PF_STXUSD
Variational Omni STX
Injective STX/USDC PERP
gTrade (Gains Network) STX/USD
Hyperliquid STX
Aster STXUSDT
Binance STXUSDT
Bybit STXUSDT
OKX STX-USDT-SWAP
Gate STX_USDTShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC STX_USDTshort | +0.0100% | 8h | 0.3447 | −0.145% | $6.3M | $1.4M | 50x | |
| KuCoin STXUSDTM | +0.0100% | 8h | 0.3447 | −0.145% | $2.5M | $1.7M | 50x | as long as short |
| Bitget STXUSDT | +0.0100% | 8h | 0.3441 | −0.319% | $4.9M | $1.8M | 50x | as long as short |
| BingX STX-USDT | +0.0100% | 8h | 0.3446 | −0.174% | — | $15.8M | — | as long as short |
| ApeX Omni STXUSDT | +0.0100% | 1h | 0.3464 | +0.348% | $58K | $678K | 50x | as long as short |
| Extended STX-USD | +0.0104% | 1h | 0.3445 | −0.193% | $181K | $585K | 10x | as long as short |
| BloFin STX-USDTlong | +0.0124% | 8h | 0.3452 | long leg | $430K | $236K | 20x | |
| GMX STX/USD [WBTC.b-USDC] | L +0.0191% / S −0.0313% | 1h | 0.3450 | −0.050% | $5K | — | 100x | as long as short |
KuCoin STXUSDTM
Bitget STXUSDT
BingX STX-USDT
ApeX Omni STXUSDT
Extended STX-USD
GMX STX/USD [WBTC.b-USDC]