Funding you earn now, next payment 08:00 UTC+0.0089%/8h= +9.7% APRnext payment +$0.89 per $10,000 · paid last 24h −0.018%
Price spread now: KuCoin against Gate+0.178%7-day average +0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$160as in the Funding arb table
Net, price: spread back to 7d avg − costs−$144as in the Price arb table
costs, in and out, $10k−$1581.580% of the position
Funding, last 7 days−0.018%−$2 on $10k
+Price spread, last 4 days (all we have)−0.178%−$18 · spread now +0.178%, 7d avg +0.036%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.143% dearer against Gate than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of +0.036%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate STX_USDT | 0.3362 | 0.0011 | pay 0.0011% / 8h | 4h 51m | $595K | $330K | 50x |
| Short | KuCoin STXUSDTM | 0.3368 | 0.0100 | get 0.0100% / 8h | 4h 51m | $2.4M | $1.1M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $18.69
- Price spread: +0.178% → +0.036%
- $14.28
- Slippage, 4 orders
- −$131.03
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$125.06
- Costs to cover
- 1.580%
- Break-even
- 53.8 days
Slippage from Gate: live order book, 4 min ago; KuCoin: live order book, 5 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, 4 min ago | 2.96 bp | 27.7 bp −$28 | 223.9 bp −$2,239 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 2.96 bp | 45.3 bp −$45 | 105.3 bp −$1,053 | 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 | −0.0861% | 1h | 0.3368 | +0.166% | $68K | $112K | 20x | as long as short |
| Variational Omni STX | −0.0298% | 8h | 0.3376 | +0.415% | $778K | $230K | — | as long as short |
| gTrade (Gains Network) STX/USD | L −0.0002% / S +0.0003% | 1h | 0.3369 | +0.212% | — | — | 150x | as long as short |
| Gate STX_USDTlong | +0.0011% | 8h | 0.3362 | long leg | $595K | $330K | 50x | |
| Injective STX/USDC PERP | +0.0033% | 1h | 0.3463 | +3.004% | $4K | $264K | 12x | as long as short |
| BloFin STX-USDT | +0.0093% | 8h | 0.3381 | +0.565% | $412K | $216K | 20x | as long as short |
| Aster STXUSDT | +0.0100% | 8h | 0.3368 | +0.185% | $126K | $56K | 10x | as long as short |
| Binance STXUSDT | +0.0100% | 8h | 0.3367 | +0.152% | $7.7M | $17.6M | 75x | as long as short |
| Bybit STXUSDT | +0.0100% | 8h | 0.3364 | +0.059% | $8.6M | $6.3M | 75x | as long as short |
| OKX STX-USDT-SWAP | +0.0100% | 8h | 0.3367 | +0.149% | $2.3M | $5.2M | 20x | as long as short |
Show all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC STX_USDT | +0.0100% | 8h | 0.3368 | +0.178% | $6.0M | $1.2M | 50x | as long as short |
| KuCoin STXUSDTMshort | +0.0100% | 8h | 0.3368 | +0.178% | $2.4M | $1.1M | 50x | |
| Bitget STXUSDT | +0.0100% | 8h | 0.3366 | +0.119% | $4.6M | $1.9M | 50x | as long as short |
| BingX STX-USDT | +0.0100% | 8h | 0.3367 | +0.149% | — | $13.6M | — | as long as short |
| ApeX Omni STXUSDT | +0.0100% | 1h | 0.3361 | −0.030% | $59K | $698K | 50x | as long as short |
| Extended STX-USD | +0.0104% | 1h | 0.3368 | +0.181% | $180K | $619K | 10x | as long as short |
| GMX STX/USD [WBTC.b-USDC] | L +0.0190% / S −0.0304% | 1h | 0.3366 | +0.128% | $4K | — | 100x | as long as short |
| Hyperliquid STX | +0.0378% | 1h | 0.3373 | +0.318% | $1.5M | $707K | 5x | as long as short |
Gate STX_USDT
KuCoin STXUSDTM
Kraken Futures PF_STXUSD
Variational Omni STX
gTrade (Gains Network) STX/USD
Injective STX/USDC PERP
BloFin STX-USDT
Aster STXUSDT
Binance STXUSDT
Bybit STXUSDT
OKX STX-USDT-SWAP
MEXC STX_USDT
Bitget STXUSDT
BingX STX-USDT
ApeX Omni STXUSDT
Extended STX-USD
GMX STX/USD [WBTC.b-USDC]
Hyperliquid STX