Funding you earn now, next payment 00:00 UTC−0.0010%/8h= −1.1% APRnext payment −$0.10 per $10,000 · paid last 24h +0.005%
Price spread now: BloFin against Bybit+0.073%72s7-day average +0.109% · you sell dearer than you buy
Net, funding: paid 7d − costs−$70as 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−$680.678% of the position
Funding, last 7 days−0.023%−$2 on $10k
+Price spread, last 3 days (all we have)+0.536%+$54 · spread now +0.073%, 7d avg +0.109%
=Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and BloFin is 0.035% cheaper against Bybit than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.109%). Swap the legs. The two prices were read 72 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 | Bybit STXUSDT | 0.3404 | 0.0100 | pay 0.0100% / 8h | 4m 00s | $8.7M | $7.2M | 75x |
| Short | BloFin STX-USDT | 0.3407 | 0.0090 | get 0.0090% / 8h | 4m 00s | $420K | $237K | 20x |
Bybit STXUSDT
BloFin STX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bybit. 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
- −$2.2
- Price spread: +0.073% → +0.109%
- −$3.52
- Slippage, 4 orders
- −$44.79
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$73.51
- Costs to cover
- 0.678%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 min ago; BloFin: 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 Bybit live order book, 4 min ago | 1.47 bp | 13.0 bp −$13 | 40.8 bp −$408 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 7 min ago | 1.47 bp | 18.2 bp −$18 | 39.6 bp −$396 | 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 | −0.1675% | 1h | 0.3408 | +0.105% | $75K | $121K | 20x | as long as short |
| Variational Omni STX | −0.0432% | 8h | 0.3401 | −0.102% | $785K | $312K | — | as long as short |
| gTrade (Gains Network) STX/USD | L −0.0002% / S +0.0003% | 1h | 0.3409 | +0.143% | — | — | 150x | as long as short |
| Injective STX/USDC PERP | 0.0000% | 1h | 0.3463 | +1.718% | $4K | $264K | 12x | as long as short |
| Bitget STXUSDT | +0.0009% | 8h | 0.3402 | −0.073% | $4.9M | $1.9M | 50x | as long as short |
| BloFin STX-USDTshort | +0.0090% | 8h | 0.3407 | +0.073% | $420K | $237K | 20x | |
| Hyperliquid STX | +0.0100% | 1h | 0.3414 | +0.276% | $1.5M | $908K | 5x | as long as short |
| Aster STXUSDT | +0.0100% | 8h | 0.3410 | +0.155% | $127K | $67K | 10x | as long as short |
| Binance STXUSDT | +0.0100% | 8h | 0.3409 | +0.132% | $7.9M | $19.7M | 75x | as long as short |
| Bybit STXUSDTlong | +0.0100% | 8h | 0.3404 | long leg | $8.7M | $7.2M | 75x |
Kraken Futures PF_STXUSD
Variational Omni STX
gTrade (Gains Network) STX/USD
Injective STX/USDC PERP
Bitget STXUSDT
Hyperliquid STX
Aster STXUSDT
Binance STXUSDTShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX STX-USDT-SWAP | +0.0100% | 8h | 0.3409 | +0.132% | $2.3M | $6.2M | 20x | as long as short |
| Gate STX_USDT | +0.0100% | 8h | 0.3407 | +0.073% | $599K | $448K | 50x | as long as short |
| MEXC STX_USDT | +0.0100% | 8h | 0.3409 | +0.132% | $6.2M | $1.4M | 50x | as long as short |
| KuCoin STXUSDTM | +0.0100% | 8h | 0.3409 | +0.132% | $2.4M | $1.7M | 50x | as long as short |
| BingX STX-USDT | +0.0100% | 8h | 0.3408 | +0.103% | — | $16.2M | — | as long as short |
| ApeX Omni STXUSDT | +0.0100% | 1h | 0.3401 | −0.103% | $50K | $686K | 50x | as long as short |
| Extended STX-USD | +0.0104% | 1h | 0.3413 | +0.259% | $184K | $590K | 10x | as long as short |
| GMX STX/USD [WBTC.b-USDC] | L +0.0194% / S −0.0366% | 1h | 0.3409 | +0.135% | $5K | — | 100x | as long as short |
OKX STX-USDT-SWAP
Gate STX_USDT
MEXC STX_USDT
KuCoin STXUSDTM
BingX STX-USDT
ApeX Omni STXUSDT
Extended STX-USD
GMX STX/USD [WBTC.b-USDC]