Funding arb · Price arb /

STX

all STX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0266%/8h= +29.1% APRpaid last 24h +0.075%

Price spread now: GMX against OKX+0.007%7-day average — · you sell dearer than you buy

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

Long on OKX 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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$8 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX STX-USDT-SWAP	0.3435	0.0100	pay 0.0100% / 8h	54m 24s	$2.4M	$6.5M	20x
Short	GMX STX/USD [WBTC.b-USDC]	0.3435	L +0.0194% / S −0.0366%	get 0.0046% / 1h	54m 24s	$5K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against OKX. 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 OKXbpFee GMXbpOrdersPrice spread, now +0.007%Rate

Funding earned: $55.76
Price spread: +0.007% → 0.000%: $0.7
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee GMX: 6 bp × 2 orders: −$12
Net: $34.46
Costs to cover: 0.220%
Break-even: 2.7 days

Slippage unknown: OKX: 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 OKX live order book, 3 min ago	1.45 bp	20.9 bp −$21	83.0 bp −$830	doesn't fit	doesn't fit
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	−0.1657%	1h	0.3446	+0.310%	$75K	$133K	20x	as long as short
Variational Omni STX	−0.0441%	8h	0.3441	+0.176%	$818K	$308K	—	as long as short
gTrade (Gains Network) STX/USD	L −0.0002% / S +0.0003%	1h	0.3436	+0.040%	—	—	150x	as long as short
Injective STX/USDC PERP	0.0000%	1h	0.3463	+0.815%	$4K	$264K	12x	as long as short
ApeX Omni STXUSDT	+0.0083%	1h	0.3446	+0.320%	$58K	$678K	50x	as long as short
BloFin STX-USDT	+0.0097%	8h	0.3441	+0.175%	$430K	$234K	20x	as long as short
Aster STXUSDT	+0.0100%	8h	0.3438	+0.087%	$128K	$67K	10x	as long as short
Binance STXUSDT	+0.0100%	8h	0.3436	+0.041%	$8.1M	$19.8M	75x	as long as short
Bybit STXUSDT	+0.0100%	8h	0.3432	−0.079%	$8.8M	$7.4M	75x	as long as short
OKX STX-USDT-SWAPlong	+0.0100%	8h	0.3435	long leg	$2.4M	$6.5M	20x

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate STX_USDT	+0.0100%	8h	0.3439	+0.116%	$603K	$441K	50x	as long as short
MEXC STX_USDT	+0.0100%	8h	0.3437	+0.058%	$6.3M	$1.3M	50x	as long as short
KuCoin STXUSDTM	+0.0100%	8h	0.3436	+0.029%	$2.5M	$1.7M	50x	as long as short
Bitget STXUSDT	+0.0100%	8h	0.3434	−0.029%	$4.9M	$1.9M	50x	as long as short
BingX STX-USDT	+0.0100%	8h	0.3437	+0.058%	—	$16.1M	—	as long as short
Extended STX-USD	+0.0104%	1h	0.3439	+0.116%	$186K	$590K	10x	as long as short
Hyperliquid STX	+0.0183%	1h	0.3441	+0.160%	$1.5M	$1.0M	5x	as long as short
GMX STX/USD [WBTC.b-USDC]short	L +0.0194% / S −0.0366%	1h	0.3435	+0.007%	$5K	—	100x