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

STX

all STX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0824%/8h= +90.2% APRnext payment +$1.03 per $10,000 · paid last 24h +0.137%
Price spread now: Extended against Kraken Futures−0.025%7-day average −0.167% · you buy dearer than you sell
Net, funding: paid 7d − costs−$151as in the Funding arb table
Net, price: spread back to 7d avg − costs−$100as in the Price arb table
costs, in and out, $10k−$1141.141% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.366%−$37 on $10k
Price spread, last 3 days (all we have)−0.536%−$54 · spread now −0.025%, 7d avg −0.167%
Together, before fees−0.901%+ Points / potential airdropExtended: Active · farm board−$90 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$25 a day on $10k at the current rate, and Extended is 0.141% dearer against Kraken Futures than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of −0.167%. Mind the row above: over the last 7 days funding on this pair cost −0.366%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.366% in total (about -19.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.03 per $10,000. 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_STXUSD0.3413−0.0720get 0.0090% / 1h10m 56s$71K$125K20x
ShortExtended STX-USD0.34120.0104get 0.0013% / 1h10m 56s$180K$609K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$173.02
Price spread: −0.025% → −0.167%
$14.15
Slippage, 4 orders
−$99.08
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$73.09
Costs to cover
1.141%
Break-even
4.0 days
Slippage from Kraken Futures: live order book, 61 min ago; Extended: live order book, 62 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, 61 min ago12.20 bp31.9 bp −$32doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 62 min ago3.54 bp19.7 bp −$20166.9 bp −$1,669doesn'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−0.0720%1h0.3413long leg$71K$125K20x
Variational Omni STX−0.0390%8h0.3404−0.243%$786K$290Kas long as short
gTrade (Gains Network) STX/USDL −0.0002% / S +0.0003%1h0.3410−0.076%150xas long as short
Bitget STXUSDT+0.0008%8h0.3414+0.037%$4.7M$1.9M50xas long as short
Injective STX/USDC PERP+0.0033%1h0.3463+1.473%$4K$264K12xas long as short
Aster STXUSDT+0.0100%8h0.3410−0.089%$127K$64K10xas long as short
Binance STXUSDT+0.0100%8h0.3413−0.002%$7.9M$18.5M75xas long as short
Bybit STXUSDT+0.0100%8h0.3413+0.008%$8.7M$6.8M75xas long as short
OKX STX-USDT-SWAP+0.0100%8h0.3416+0.096%$2.3M$5.7M20xas long as short
Gate STX_USDT+0.0100%8h0.3410−0.080%$597K$359K50xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC STX_USDT+0.0100%8h0.3412−0.021%$6.2M$1.3M50xas long as short
KuCoin STXUSDTM+0.0100%8h0.3410−0.080%$2.4M$1.7M50xas long as short
BingX STX-USDT+0.0100%8h0.3413+0.008%$13.8Mas long as short
ApeX Omni STXUSDT+0.0100%1h0.3414+0.037%$50K$684K50xas long as short
Extended STX-USDshort+0.0104%1h0.3412−0.025%$180K$609K10x
BloFin STX-USDT+0.0109%8h0.3409−0.109%$420K$210K20xas long as short
GMX STX/USD [WBTC.b-USDC]L +0.0194% / S −0.0366%1h0.3410−0.094%$5K100xas long as short
Hyperliquid STX+0.0200%1h0.3424+0.321%$1.5M$765K5xas long as short