Funding you earn now, next payment 08:00 UTC+0.0039%/8h= +4.3% APRnext payment +$0.39 per $10,000 · paid last 24h +0.001%
Price spread now: Bybit against Gate+0.151%7-day average −0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$101as in the Funding arb table
Net, price: spread back to 7d avg − costs−$91as in the Price arb table
costs, in and out, $10k−$1091.086% of the position
Funding, last 7 days+0.076%+$8 on $10k
+Price spread, last 4 days (all we have)−0.148%−$15 · spread now +0.151%, 7d avg −0.020%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Bybit is 0.171% dearer against Gate than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of −0.020%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate STX_USDT | 0.3374 | 0.0061 | pay 0.0061% / 8h | 4h 31m | $597K | $340K | 50x |
| Short | Bybit STXUSDT | 0.3379 | 0.0100 | get 0.0100% / 8h | 4h 31m | $8.6M | $6.4M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Gate. 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
- $8.19
- Price spread: +0.151% → −0.020%
- $17.08
- Slippage, 4 orders
- −$82.57
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$83.3
- Costs to cover
- 1.086%
- Break-even
- 78.2 days
Slippage from Gate: live order book, 24 min ago; Bybit: live order book, 1 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 Gate live order book, 24 min ago | 2.96 bp | 27.7 bp −$28 | 223.9 bp −$2,239 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 2.97 bp | 23.8 bp −$24 | 63.1 bp −$631 | 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 | −0.0858% | 1h | 0.3379 | +0.137% | $69K | $115K | 20x | as long as short |
| Variational Omni STX | −0.0269% | 8h | 0.3359 | −0.447% | $777K | $230K | — | as long as short |
| gTrade (Gains Network) STX/USD | L −0.0002% / S +0.0003% | 1h | 0.3378 | +0.121% | — | — | 150x | as long as short |
| Injective STX/USDC PERP | +0.0033% | 1h | 0.3463 | +2.638% | $4K | $264K | 12x | as long as short |
| Gate STX_USDTlong | +0.0061% | 8h | 0.3374 | long leg | $597K | $340K | 50x | |
| Aster STXUSDT | +0.0100% | 8h | 0.3379 | +0.154% | $127K | $55K | 10x | as long as short |
| Binance STXUSDT | +0.0100% | 8h | 0.3383 | +0.261% | $7.7M | $17.7M | 75x | as long as short |
| Bybit STXUSDTshort | +0.0100% | 8h | 0.3379 | +0.151% | $8.6M | $6.4M | 75x | |
| OKX STX-USDT-SWAP | +0.0100% | 8h | 0.3382 | +0.237% | $2.3M | $5.3M | 20x | as long as short |
| MEXC STX_USDT | +0.0100% | 8h | 0.3382 | +0.237% | $6.0M | $1.2M | 50x | as long as short |
Show all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin STXUSDTM | +0.0100% | 8h | 0.3380 | +0.178% | $2.4M | $1.1M | 50x | as long as short |
| Bitget STXUSDT | +0.0100% | 8h | 0.3379 | +0.148% | $4.6M | $1.9M | 50x | as long as short |
| BingX STX-USDT | +0.0100% | 8h | 0.3380 | +0.178% | — | $13.6M | — | as long as short |
| ApeX Omni STXUSDT | +0.0100% | 1h | 0.3368 | −0.178% | $60K | $698K | 50x | as long as short |
| Extended STX-USD | +0.0104% | 1h | 0.3380 | +0.189% | $178K | $615K | 10x | as long as short |
| BloFin STX-USDT | +0.0109% | 8h | 0.3372 | −0.059% | $409K | $214K | 20x | as long as short |
| GMX STX/USD [WBTC.b-USDC] | L +0.0190% / S −0.0304% | 1h | 0.3378 | +0.105% | $4K | — | 100x | as long as short |
| Hyperliquid STX | +0.0339% | 1h | 0.3384 | +0.290% | $1.4M | $728K | 5x | as long as short |
Gate STX_USDT
Bybit STXUSDT
Kraken Futures PF_STXUSD
Variational Omni STX
gTrade (Gains Network) STX/USD
Injective STX/USDC PERP
Aster STXUSDT
Binance STXUSDT
OKX STX-USDT-SWAP
MEXC STX_USDT
KuCoin STXUSDTM
Bitget STXUSDT
BingX STX-USDT
ApeX Omni STXUSDT
Extended STX-USD
BloFin STX-USDT
GMX STX/USD [WBTC.b-USDC]
Hyperliquid STX