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

STX

all STX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.1757%/8h= +192.4% APRpaid last 24h +0.117%
Price spread now: BloFin against Kraken Futures+0.271%57s7-day average −0.119% · you sell dearer than you buy
Net, funding: paid 7d − costs−$131as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$930.935% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.375%−$38 on $10k
Price spread, last 3 days (all we have)−0.231%−$23 · spread now +0.271%, 7d avg −0.119%
Together, before fees−0.607%−$61 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$53 a day on $10k at the current rate, and BloFin is 0.390% dearer against Kraken Futures than usual: you sell high and buy low: +$39 more if the spread goes back to its 7-day average of −0.119%. Mind the row above: over the last 7 days funding on this pair cost −0.375%, so the current rate has only just turned in your favour. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.375% in total (about -19.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_STXUSD0.3436−0.1662get 0.0208% / 1h50m 17s$75K$124K20x
ShortBloFin STX-USDT0.34450.0095get 0.0095% / 8h50m 17s$430K$234K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Kraken Futures. 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
$368.94
Price spread: +0.271% → −0.119%
$38.97
Slippage, 4 orders
−$71.46
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
$314.45
Costs to cover
0.935%
Break-even
1.0 days
Slippage from Kraken Futures: live order book, 27 min ago; BloFin: live order book, 25 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 Kraken Futures live order book, 27 min ago11.99 bp23.3 bp −$23doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 25 min ago4.34 bp22.9 bp −$2339.6 bp −$396doesn'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_STXUSDlong−0.1662%1h0.3436long leg$75K$124K20x
Variational Omni STX−0.0441%8h0.3442+0.186%$819K$308Kas long as short
gTrade (Gains Network) STX/USDL −0.0002% / S +0.0003%1h0.3436+0.009%150xas long as short
Injective STX/USDC PERP0.0000%1h0.3463+0.795%$4K$264K12xas long as short
Bitget STXUSDT+0.0090%8h0.3430−0.166%$4.9M$1.9M50xas long as short
BloFin STX-USDTshort+0.0095%8h0.3445+0.271%$430K$234K20x
Aster STXUSDT+0.0100%8h0.3442+0.194%$129K$67K10xas long as short
Binance STXUSDT+0.0100%8h0.3435−0.019%$8.1M$19.8M75xas long as short
Bybit STXUSDT+0.0100%8h0.3432−0.099%$8.8M$7.4M75xas long as short
OKX STX-USDT-SWAP+0.0100%8h0.3433−0.078%$2.4M$6.5M20xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate STX_USDT+0.0100%8h0.3441+0.154%$603K$441K50xas long as short
MEXC STX_USDT+0.0100%8h0.3435−0.020%$6.3M$1.3M50xas long as short
KuCoin STXUSDTM+0.0100%8h0.3442+0.184%$2.5M$1.7M50xas long as short
BingX STX-USDT+0.0100%8h0.3439+0.096%$16.1Mas long as short
ApeX Omni STXUSDT+0.0100%1h0.3442+0.184%$58K$676K50xas long as short
Extended STX-USD+0.0104%1h0.3434−0.039%$186K$590K10xas long as short
Hyperliquid STX+0.0151%1h0.3442+0.181%$1.5M$1.0M5xas long as short
GMX STX/USD [WBTC.b-USDC]L +0.0194% / S −0.0366%1h0.3436−0.005%$5K100xas long as short