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+0.0089%/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
What this pair did over the last
the charts below follow
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%
Together, before fees−0.197%−$20 on $10k · with fees, hour by hour
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%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate STX_USDT0.33620.0011pay 0.0011% / 8h4h 51m$595K$330K50x
ShortKuCoin STXUSDTM0.33680.0100get 0.0100% / 8h4h 51m$2.4M$1.1M50x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 4 min ago2.96 bp27.7 bp −$28223.9 bp −$2,239doesn't fitdoesn't fit
Sell KuCoin live order book, 5 min ago2.96 bp45.3 bp −$45105.3 bp −$1,053doesn'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−0.0861%1h0.3368+0.166%$68K$112K20xas long as short
Variational Omni STX−0.0298%8h0.3376+0.415%$778K$230Kas long as short
gTrade (Gains Network) STX/USDL −0.0002% / S +0.0003%1h0.3369+0.212%150xas long as short
Gate STX_USDTlong+0.0011%8h0.3362long leg$595K$330K50x
Injective STX/USDC PERP+0.0033%1h0.3463+3.004%$4K$264K12xas long as short
BloFin STX-USDT+0.0093%8h0.3381+0.565%$412K$216K20xas long as short
Aster STXUSDT+0.0100%8h0.3368+0.185%$126K$56K10xas long as short
Binance STXUSDT+0.0100%8h0.3367+0.152%$7.7M$17.6M75xas long as short
Bybit STXUSDT+0.0100%8h0.3364+0.059%$8.6M$6.3M75xas long as short
OKX STX-USDT-SWAP+0.0100%8h0.3367+0.149%$2.3M$5.2M20xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC STX_USDT+0.0100%8h0.3368+0.178%$6.0M$1.2M50xas long as short
KuCoin STXUSDTMshort+0.0100%8h0.3368+0.178%$2.4M$1.1M50x
Bitget STXUSDT+0.0100%8h0.3366+0.119%$4.6M$1.9M50xas long as short
BingX STX-USDT+0.0100%8h0.3367+0.149%$13.6Mas long as short
ApeX Omni STXUSDT+0.0100%1h0.3361−0.030%$59K$698K50xas long as short
Extended STX-USD+0.0104%1h0.3368+0.181%$180K$619K10xas long as short
GMX STX/USD [WBTC.b-USDC]L +0.0190% / S −0.0304%1h0.3366+0.128%$4K100xas long as short
Hyperliquid STX+0.0378%1h0.3373+0.318%$1.5M$707K5xas long as short