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

STXX

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Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.2405%/8h= +263.3% APRpaid last 24h +0.018%
Price spread now: Extended against GRVT+0.055%92s7-day average −0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$93as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$720.723% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.204%−$20 on $10k
Price spread, last 4 days (all we have)−0.032%−$3 · spread now +0.055%, 7d avg −0.019%
Together, before fees−0.236%+ Points / potential airdropGRVT: Active · Extended: Active · farm board−$24 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$72 a day on $10k at the current rate, and Extended is 0.074% dearer against GRVT than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.019%. Mind the row above: over the last 7 days funding on this pair cost −0.204%, so the current rate has only just turned in your favour. The two prices were read 92 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 -0.204% in total (about -10.7% 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
LongGRVT STXX_USDT_Perp859.37−0.2525get 0.2525% / 8h7h 43m$52$129K10x
ShortExtended STXX-USD859.84−0.0120pay 0.0015% / 1h43m 58s$47K$242K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against GRVT. 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
$505.05
Price spread: +0.055% → −0.019%
$7.43
Slippage, 4 orders
−$58.27
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$440.21
Costs to cover
0.723%
Break-even
0.9 days
Slippage from GRVT: live order book, 53 min ago; Extended: live order book, 52 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 GRVT live order book, 53 min ago3.06 bp11.5 bp −$11doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 52 min ago3.70 bp22.9 bp −$23172.5 bp −$1,725doesn't fitdoesn't fit

STXX on 9 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
GRVT STXX_USDT_Perplong−0.2525%8h859.37long leg$52$129K10x
Bybit STXXUSDT−0.0328%8h861.54+0.253%$251K$160K25xas long as short
BloFin STXX-USDT−0.0135%8h860.20+0.097%$26K$76K20xas long as short
Variational Omni STXX−0.0128%8h859.21−0.018%$115K$411as long as short
Binance STXXUSDT−0.0123%8h860.14+0.090%$1.3M$3.8M20xas long as short
Extended STXX-USDshort−0.0120%1h859.84+0.055%$47K$242K10x
Aster STXXUSDT0.0000%8h861.92+0.296%$18K$30K20xas long as short
KuCoin STXXUSDTM+0.0100%8h859.99+0.072%$102K$128K20xas long as short
HTX STXX-USDT+0.0100%8h860.06+0.080%$10K$35K10xas long as short