Settings8H · net · $10k
Funding arb · Price arb /

STX

all STX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0542%/8h= −59.4% APRpaid last 24h −0.174%
Price spread now: Variational Omni against Hyperliquid+0.053%7-day average −0.196% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.247%−$25 on $10k
Price spread, last 3 days (all we have)+0.078%+$8 · spread now +0.053%, 7d avg −0.196%
Together, before fees−0.169%+ Points / potential airdropHyperliquid: Season 2 · Variational Omni: Active · farm board−$17 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.249% dearer against Hyperliquid than usual: you sell high and buy low (spread +0.053% now, against its 7-day average of −0.196%): +$25 on $10k if it goes back. Holding the pair costs −$16 a day in funding at the current rate, which eats that in about 37 hours. At the pace of the last 3 days (−0.247% in total) that is about 3.3 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid STX0.34510.0100pay 0.0013% / 1h2m 49s$1.5M$1.0M5x
ShortVariational Omni STX0.3453−0.0442pay 0.0442% / 8h1h 02m$818K$308K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Hyperliquid. 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
−$113.87
Price spread: +0.053% → −0.196%
$24.9
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$97.97
Costs to cover
0.090%
Break-even
from the start
Slippage unknown: Hyperliquid: live order book, 8 min ago; Variational Omni: RFQ quote, 16 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Hyperliquid live order book, 8 min ago1.30 bp13.1 bp −$13doesn't fitdoesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 16 min ago5.78 bpdoesn't fit31.8 bp −$318doesn'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−0.0727%1h0.3449−0.072%$75K$147K20xas long as short
Variational Omni STXshort−0.0442%8h0.3453+0.053%$818K$308K
Injective STX/USDC PERP−0.0090%1h0.3463+0.342%$4K$264K12xas long as short
gTrade (Gains Network) STX/USDL −0.0002% / S +0.0003%1h0.3446−0.140%150xas long as short
Hyperliquid STXlong+0.0100%1h0.3451long leg$1.5M$1.0M5x
Aster STXUSDT+0.0100%8h0.3449−0.076%$129K$67K10xas long as short
Binance STXUSDT+0.0100%8h0.3446−0.151%$8.1M$19.8M75xas long as short
Bybit STXUSDT+0.0100%8h0.3440−0.313%$8.8M$7.4M75xas long as short
OKX STX-USDT-SWAP+0.0100%8h0.3444−0.209%$2.4M$6.5M20xas long as short
Gate STX_USDT+0.0100%8h0.3445−0.180%$604K$449K50xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC STX_USDT+0.0100%8h0.3445−0.180%$6.3M$1.4M50xas long as short
KuCoin STXUSDTM+0.0100%8h0.3449−0.064%$2.5M$1.7M50xas long as short
Bitget STXUSDT+0.0100%8h0.3440−0.325%$4.9M$1.9M50xas long as short
BingX STX-USDT+0.0100%8h0.3446−0.151%$16.1Mas long as short
ApeX Omni STXUSDT+0.0100%1h0.3444−0.209%$58K$678K50xas long as short
Extended STX-USD+0.0104%1h0.3444−0.201%$186K$590K10xas long as short
BloFin STX-USDT+0.0119%8h0.3445−0.180%$431K$234K20xas long as short
GMX STX/USD [WBTC.b-USDC]L +0.0191% / S −0.0313%1h0.3446−0.146%$5K100xas long as short