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+0.0039%/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
What this pair did over the last
the charts below follow
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%
Together, before fees−0.071%−$7 on $10k · with fees, hour by hour
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%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate STX_USDT0.33740.0061pay 0.0061% / 8h4h 31m$597K$340K50x
ShortBybit STXUSDT0.33790.0100get 0.0100% / 8h4h 31m$8.6M$6.4M75x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 24 min ago2.96 bp27.7 bp −$28223.9 bp −$2,239doesn't fitdoesn't fit
Sell Bybit live order book, 1 min ago2.97 bp23.8 bp −$2463.1 bp −$631doesn'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−0.0858%1h0.3379+0.137%$69K$115K20xas long as short
Variational Omni STX−0.0269%8h0.3359−0.447%$777K$230Kas long as short
gTrade (Gains Network) STX/USDL −0.0002% / S +0.0003%1h0.3378+0.121%150xas long as short
Injective STX/USDC PERP+0.0033%1h0.3463+2.638%$4K$264K12xas long as short
Gate STX_USDTlong+0.0061%8h0.3374long leg$597K$340K50x
Aster STXUSDT+0.0100%8h0.3379+0.154%$127K$55K10xas long as short
Binance STXUSDT+0.0100%8h0.3383+0.261%$7.7M$17.7M75xas long as short
Bybit STXUSDTshort+0.0100%8h0.3379+0.151%$8.6M$6.4M75x
OKX STX-USDT-SWAP+0.0100%8h0.3382+0.237%$2.3M$5.3M20xas long as short
MEXC STX_USDT+0.0100%8h0.3382+0.237%$6.0M$1.2M50xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin STXUSDTM+0.0100%8h0.3380+0.178%$2.4M$1.1M50xas long as short
Bitget STXUSDT+0.0100%8h0.3379+0.148%$4.6M$1.9M50xas long as short
BingX STX-USDT+0.0100%8h0.3380+0.178%$13.6Mas long as short
ApeX Omni STXUSDT+0.0100%1h0.3368−0.178%$60K$698K50xas long as short
Extended STX-USD+0.0104%1h0.3380+0.189%$178K$615K10xas long as short
BloFin STX-USDT+0.0109%8h0.3372−0.059%$409K$214K20xas long as short
GMX STX/USD [WBTC.b-USDC]L +0.0190% / S −0.0304%1h0.3378+0.105%$4K100xas long as short
Hyperliquid STX+0.0339%1h0.3384+0.290%$1.4M$728K5xas long as short