Funding you earn now, next payment 22:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.036%
Price spread now: Bybit against Injective−1.046%7-day average +1.793% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.314%−$31 on $10k
+Price spread, last 3 days (all we have)+2.316%+$232 · spread now −1.046%, 7d avg +1.793%
=Funding pays, the price is against you. Bybit is 2.839% cheaper against Injective than usual: you would sell low and buy high (spread −1.046% now, against its 7-day average of +1.793%). If the spread goes back, that is −$284 on $10k: about 5 months of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −0.314%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective STX/USDC PERP | 0.3441 | 0.0033 | pay 0.0004% / 1h | 15m 13s | $4K | $148K | 12x |
| Short | Bybit STXUSDT | 0.3405 | 0.0100 | get 0.0100% / 8h | 2h 15m | $8.7M | $7.5M | 75x |
Injective STX/USDC PERP
Bybit STXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Injective. 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
- $14
- Price spread: −1.046% → +1.793%
- −$283.88
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$280.9
- Costs to cover
- 0.110%
- Break-even
- 147.4 days
Slippage unknown: Injective: no order-book sample; Bybit: live order book, 3 min ago. Net counts fees only.
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 Injective no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 3 min ago | 1.47 bp | 20.3 bp −$20 | 52.5 bp −$525 | doesn't fit | doesn't fit |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.1367% | 1h | 0.3412 | −0.846% | $76K | $159K | 20x | as long as short |
| Variational Omni STX | −0.0542% | 8h | 0.3405 | −1.051% | $808K | $306K | — | as long as short |
| gTrade (Gains Network) STX/USD | L −0.0002% / S +0.0003% | 1h | 0.3410 | −0.913% | — | — | 150x | as long as short |
| Injective STX/USDC PERPlong | +0.0033% | 1h | 0.3441 | long leg | $4K | $148K | 12x | |
| Aster STXUSDT | +0.0100% | 8h | 0.3412 | −0.852% | $128K | $67K | 10x | as long as short |
| Binance STXUSDT | +0.0100% | 8h | 0.3409 | −0.930% | $8.0M | $20.2M | 75x | as long as short |
| Bybit STXUSDTshort | +0.0100% | 8h | 0.3405 | −1.046% | $8.7M | $7.5M | 75x | |
| OKX STX-USDT-SWAP | +0.0100% | 8h | 0.3408 | −0.959% | $2.4M | $6.6M | 20x | as long as short |
| Gate STX_USDT | +0.0100% | 8h | 0.3405 | −1.046% | $597K | $442K | 50x | as long as short |
| MEXC STX_USDT | +0.0100% | 8h | 0.3408 | −0.959% | $6.3M | $1.5M | 50x | as long as short |
Kraken Futures PF_STXUSD
Variational Omni STX
gTrade (Gains Network) STX/USD
Aster STXUSDT
Binance STXUSDT
OKX STX-USDT-SWAP
Gate STX_USDT
MEXC STX_USDTShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin STXUSDTM | +0.0100% | 8h | 0.3412 | −0.843% | $2.4M | $1.8M | 50x | as long as short |
| Bitget STXUSDT | +0.0100% | 8h | 0.3406 | −1.017% | $4.9M | $1.9M | 50x | as long as short |
| BingX STX-USDT | +0.0100% | 8h | 0.3408 | −0.959% | — | $15.8M | — | as long as short |
| ApeX Omni STXUSDT | +0.0100% | 1h | 0.3411 | −0.872% | $57K | $682K | 50x | as long as short |
| BloFin STX-USDT | +0.0103% | 8h | 0.3410 | −0.901% | $432K | $241K | 20x | as long as short |
| Extended STX-USD | +0.0104% | 1h | 0.3408 | −0.971% | $180K | $585K | 10x | as long as short |
| GMX STX/USD [WBTC.b-USDC] | L +0.0191% / S −0.0313% | 1h | 0.3412 | −0.840% | $5K | — | 100x | as long as short |
| Hyperliquid STX | +0.0266% | 1h | 0.3414 | −0.788% | $1.5M | $1.0M | 5x | as long as short |
KuCoin STXUSDTM
Bitget STXUSDT
BingX STX-USDT
ApeX Omni STXUSDT
BloFin STX-USDT
Extended STX-USD
GMX STX/USD [WBTC.b-USDC]
Hyperliquid STX