Funding arb · Price arb /

STX

all STX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0213%/8h= +23.3% APRpaid last 24h +0.075%

Price spread now: GMX against MEXC+0.099%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on MEXC Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and GMX is 0.099% dearer against MEXC than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC STX_USDT	0.3442	0.0100	pay 0.0100% / 8h	1h 09m	$6.3M	$1.4M	50x
Short	GMX STX/USD [WBTC.b-USDC]	0.3445	L +0.0191% / S −0.0313%	get 0.0039% / 1h	9m 30s	$5K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against MEXC. 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

Position, each leg$Hold fordaysFee MEXCbpFee GMXbpOrdersPrice spread, now +0.099%Rate

Funding earned: $44.72
Price spread: +0.099% → 0.000%: $9.88
Slippage, 4 orders: no order book: not counted
Fee MEXC: 2 bp × 2 orders: −$4
Fee GMX: 6 bp × 2 orders: −$12
Net: $38.6
Costs to cover: 0.160%
Break-even: 1.0 days

Slippage unknown: MEXC: live order book, 3 min ago; GMX: no order-book sample. 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 MEXC live order book, 3 min ago	1.45 bp	7.2 bp −$7	26.3 bp −$263	128.7 bp −$12.9K	163.0 bp −$81.5K
Sell GMX no order-book sample	—	—	—	—	—

GMX: 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	−0.0729%	1h	0.3441	−0.020%	$76K	$143K	20x	as long as short
Variational Omni STX	−0.0444%	8h	0.3450	+0.219%	$820K	$308K	—	as long as short
Injective STX/USDC PERP	−0.0090%	1h	0.3463	+0.610%	$4K	$264K	12x	as long as short
gTrade (Gains Network) STX/USD	L −0.0002% / S +0.0003%	1h	0.3441	−0.019%	—	—	150x	as long as short
Hyperliquid STX	+0.0100%	1h	0.3448	+0.163%	$1.5M	$1.0M	5x	as long as short
Aster STXUSDT	+0.0100%	8h	0.3444	+0.070%	$129K	$67K	10x	as long as short
Binance STXUSDT	+0.0100%	8h	0.3445	+0.087%	$8.1M	$19.8M	75x	as long as short
Bybit STXUSDT	+0.0100%	8h	0.3440	−0.058%	$8.8M	$7.4M	75x	as long as short
OKX STX-USDT-SWAP	+0.0100%	8h	0.3444	+0.058%	$2.4M	$6.5M	20x	as long as short
Gate STX_USDT	+0.0100%	8h	0.3438	−0.116%	$602K	$448K	50x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC STX_USDTlong	+0.0100%	8h	0.3442	long leg	$6.3M	$1.4M	50x
KuCoin STXUSDTM	+0.0100%	8h	0.3444	+0.058%	$2.5M	$1.7M	50x	as long as short
Bitget STXUSDT	+0.0100%	8h	0.3438	−0.116%	$4.9M	$1.9M	50x	as long as short
BingX STX-USDT	+0.0100%	8h	0.3441	−0.029%	—	$16.1M	—	as long as short
ApeX Omni STXUSDT	+0.0100%	1h	0.3449	+0.203%	$58K	$679K	50x	as long as short
BloFin STX-USDT	+0.0101%	8h	0.3454	+0.349%	$433K	$235K	20x	as long as short
Extended STX-USD	+0.0104%	1h	0.3441	−0.020%	$186K	$590K	10x	as long as short
GMX STX/USD [WBTC.b-USDC]short	L +0.0191% / S −0.0313%	1h	0.3445	+0.099%	$5K	—	100x