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+0.0057%/8h= +6.2% APRnext payment +$0.57 per $10,000 · paid last 24h +0.007%
Price spread now: Binance against Gate+0.059%7-day average +0.087% · you sell dearer than you buy
Net, funding: paid 7d − costs−$129as in the Funding arb table
Net, price: spread back to 7d avg − costs−$136as 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+0.043%+$4 on $10k
Price spread, last 4 days (all we have)+0.122%+$12 · spread now +0.059%, 7d avg +0.087%
Together, before fees+0.166%+$17 on $10k · with fees, hour by hour
Funding pays, the price is against you. Binance is 0.028% cheaper against Gate than usual: you would sell low and buy high (spread +0.059% now, against its 7-day average of +0.087%). If the spread goes back, that is −$3 on $10k: about 39 hours of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.043% in total) that is about 4.5 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate STX_USDT0.33730.0043pay 0.0043% / 8h5h 19m$596K$345K50x
ShortBinance STXUSDT0.33750.0100get 0.0100% / 8h5h 19m$7.7M$18.0M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Gate. 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
$11.97
Price spread: +0.059% → +0.087%
−$2.77
Slippage, 4 orders
−$108.3
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Binance: 5 bp × 2 orders
−$10
Net
−$124.09
Costs to cover
1.333%
Break-even
79.6 days
Slippage from Gate: live order book, 42 min ago; Binance: live order book, 6 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 Gate live order book, 42 min ago2.98 bp63.6 bp −$64259.2 bp −$2,592doesn't fitdoesn't fit
Sell Binance live order book, 6 min ago1.49 bp16.2 bp −$1647.6 bp −$476doesn'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−0.0760%1h0.3377+0.120%$69K$112K20xas long as short
Variational Omni STX−0.0328%8h0.3377+0.115%$774K$249Kas long as short
gTrade (Gains Network) STX/USDL −0.0002% / S +0.0003%1h0.3379+0.183%150xas long as short
Injective STX/USDC PERP+0.0033%1h0.3463+2.668%$4K$264K12xas long as short
Gate STX_USDTlong+0.0043%8h0.3373long leg$596K$345K50x
BloFin STX-USDT+0.0084%8h0.3380+0.208%$410K$217K20xas long as short
Aster STXUSDT+0.0100%8h0.3377+0.121%$127K$57K10xas long as short
Binance STXUSDTshort+0.0100%8h0.3375+0.059%$7.7M$18.0M75x
Bybit STXUSDT+0.0100%8h0.33730.000%$8.6M$6.5M75xas long as short
OKX STX-USDT-SWAP+0.0100%8h0.3376+0.089%$2.3M$5.4M20xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC STX_USDT+0.0100%8h0.3376+0.089%$6.0M$1.2M50xas long as short
KuCoin STXUSDTM+0.0100%8h0.3377+0.119%$2.4M$1.2M50xas long as short
Bitget STXUSDT+0.0100%8h0.33730.000%$4.6M$2.0M50xas long as short
BingX STX-USDT+0.0100%8h0.3376+0.089%$13.6Mas long as short
ApeX Omni STXUSDT+0.0100%1h0.3381+0.237%$50K$689K50xas long as short
Extended STX-USD+0.0104%1h0.3376+0.090%$178K$618K10xas long as short
Hyperliquid STX+0.0135%1h0.3381+0.231%$1.5M$735K5xas long as short
GMX STX/USD [WBTC.b-USDC]L +0.0190% / S −0.0304%1h0.3377+0.129%$4K100xas long as short