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

STXX

RWAall STXX markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0267%/8h= +29.2% APRnext payment +$2.67 per $10,000 · paid last 24h +0.068%
Price spread now: KuCoin against GRVT−0.033%68s7-day average +0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$435as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$4274.274% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.072%−$7 on $10k
Price spread, last 4 days (all we have)+0.067%+$7 · spread now −0.033%, 7d avg +0.007%
Together, before fees−0.005%+ Points / potential airdropGRVT: Active · farm board−$1 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.040% cheaper against GRVT than usual: you would sell low and buy high (spread −0.033% now, against its 7-day average of +0.007%). If the spread goes back, that is −$4 on $10k: about 12 hours of funding at the current rate (+$8 a day). Mind the row above: over the last 7 days funding on this pair cost −0.072%, so the current rate has only just turned in your favour. The two prices were read 68 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 -0.072% in total (about -3.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.67 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
LongGRVT STXX_USDT_Perp864.82−0.0167get 0.0167% / 8h10m 21s$17$129K10x
ShortKuCoin STXXUSDTM864.530.0100get 0.0100% / 8h10m 21s$102K$113K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$56.07
Price spread: −0.033% → +0.007%
−$4.04
Slippage, 4 orders
−$406.36
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$375.33
Costs to cover
4.274%
Break-even
53.9 days
Slippage from GRVT: live order book, 27 min ago; KuCoin: live order book, 14 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, 27 min ago3.06 bp11.5 bp −$11doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 14 min ago13.44 bp196.9 bp −$197doesn't fitdoesn'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−0.0167%8h864.82long leg$17$129K10x
Variational Omni STXX−0.0001%8h864.04−0.090%$115K$411as long as short
Aster STXXUSDT0.0000%8h866.53+0.198%$18K$30K20xas long as short
Extended STXX-USD0.0000%1h864.64−0.021%$43K$241K10xas long as short
Binance STXXUSDT0.0000%8h864.85+0.004%$1.4M$3.8M20xas long as short
Bybit STXXUSDT0.0000%8h865.00+0.021%$249K$162K25xas long as short
BloFin STXX-USDT+0.0004%8h864.30−0.060%$26K$76K20xas long as short
KuCoin STXXUSDTMshort+0.0100%8h864.53−0.033%$102K$113K20x
HTX STXX-USDT+0.0100%8h865.15+0.038%$10K$35K10xas long as short