Funding you earn now, next payment 22:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.036%
Price spread now: Injective against Bybit−2.418%7-day average −1.767% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.314%+$31 on $10k
+Price spread, last 3 days (all we have)+1.894%+$189 · spread now −2.418%, 7d avg −1.767%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 0.651% cheaper against Bybit than usual: you would sell low and buy high (−$65 if the spread goes back to its 7-day average of −1.767%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.314%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit STXUSDT | 0.3432 | 0.0100 | pay 0.0100% / 8h | 2h 51m | $8.8M | $7.5M | 75x |
| Short | Injective STX/USDC PERP | 0.3349 | 0.0033 | get 0.0004% / 1h | 51m 19s | $4K | $111K | 12x |
Bybit STXUSDT
Injective STX/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$14
- Price spread: −2.418% → −1.767%
- −$65.13
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$90.15
- Costs to cover
- 0.110%
- Break-even
- never at this rate
Slippage unknown: Bybit: live order book, 2 min ago; Injective: no order-book sample. Net counts fees only.
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, 2 min ago | 1.45 bp | 21.1 bp −$21 | 66.3 bp −$663 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.1357% | 1h | 0.3439 | +0.190% | $77K | $158K | 20x | as long as short |
| Variational Omni STX | −0.0643% | 8h | 0.3465 | +0.976% | $826K | $321K | — | as long as short |
| ApeX Omni STXUSDT | −0.0152% | 1h | 0.3443 | +0.321% | $58K | $678K | 50x | as long as short |
| gTrade (Gains Network) STX/USD | L −0.0002% / S +0.0003% | 1h | 0.3437 | +0.146% | — | — | 150x | as long as short |
| Injective STX/USDC PERPshort | +0.0033% | 1h | 0.3349 | −2.418% | $4K | $111K | 12x | |
| BloFin STX-USDT | +0.0074% | 8h | 0.3438 | +0.175% | $436K | $246K | 20x | as long as short |
| Aster STXUSDT | +0.0100% | 8h | 0.3437 | +0.159% | $129K | $67K | 10x | as long as short |
| Binance STXUSDT | +0.0100% | 8h | 0.3436 | +0.117% | $8.0M | $20.3M | 75x | as long as short |
| Bybit STXUSDTlong | +0.0100% | 8h | 0.3432 | long leg | $8.8M | $7.5M | 75x | |
| OKX STX-USDT-SWAP | +0.0100% | 8h | 0.3433 | +0.029% | $2.4M | $6.7M | 20x | as long as short |
Kraken Futures PF_STXUSD
Variational Omni STX
ApeX Omni STXUSDT
gTrade (Gains Network) STX/USD
BloFin STX-USDT
Aster STXUSDT
Binance STXUSDT
OKX STX-USDT-SWAPShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate STX_USDT | +0.0100% | 8h | 0.3433 | +0.029% | $605K | $434K | 50x | as long as short |
| MEXC STX_USDT | +0.0100% | 8h | 0.3436 | +0.117% | $6.3M | $1.5M | 50x | as long as short |
| KuCoin STXUSDTM | +0.0100% | 8h | 0.3436 | +0.117% | $2.5M | $1.8M | 50x | as long as short |
| Bitget STXUSDT | +0.0100% | 8h | 0.3431 | −0.029% | $4.9M | $1.9M | 50x | as long as short |
| BingX STX-USDT | +0.0100% | 8h | 0.3432 | 0.000% | — | $15.8M | — | as long as short |
| Extended STX-USD | +0.0104% | 1h | 0.3436 | +0.106% | $181K | $585K | 10x | as long as short |
| GMX STX/USD [WBTC.b-USDC] | L +0.0191% / S −0.0313% | 1h | 0.3439 | +0.203% | $5K | — | 100x | as long as short |
| Hyperliquid STX | +0.0329% | 1h | 0.3442 | +0.291% | $1.5M | $1.0M | 5x | as long as short |
Gate STX_USDT
MEXC STX_USDT
KuCoin STXUSDTM
Bitget STXUSDT
BingX STX-USDT
Extended STX-USD
GMX STX/USD [WBTC.b-USDC]
Hyperliquid STX