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

STX

all STX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0008%/8h= +0.9% APRpaid last 24h −0.006%
Price spread now: Bybit against ApeX Omni−0.358%59s7-day average −0.142% · you buy dearer than you sell
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$680.680% 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)−0.186%−$19 · spread now −0.358%, 7d avg −0.142%
Together, before fees−0.258%−$26 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.216% cheaper against ApeX Omni than usual: you would sell low and buy high, −$22 on $10k if it goes back to its 7-day average of −0.142%. The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni STXUSDT0.33520.0092pay 0.0011% / 1h46m 31s$49K$686K50x
ShortBybit STXUSDT0.33400.0100get 0.0100% / 8h6h 46m$8.5M$6.9M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against ApeX Omni. 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
$1.71
Price spread: −0.358% → −0.142%
−$21.63
Slippage, 4 orders
−$47
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$87.91
Costs to cover
0.680%
Break-even
366.1 days
Slippage from ApeX Omni: live order book, 22 min ago; Bybit: live order book, 2 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 ApeX Omni live order book, 22 min ago8.79 bp16.6 bp −$17106.9 bp −$1,069doesn't fitdoesn't fit
Sell Bybit live order book, 2 min ago2.99 bp15.8 bp −$1648.1 bp −$481doesn'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_STXUSD−0.1128%1h0.3345−0.206%$70K$126K20xas long as short
Variational Omni STX−0.0362%8h0.3342−0.284%$766K$295Kas long as short
gTrade (Gains Network) STX/USDL −0.0002% / S +0.0003%1h0.3345−0.204%150xas long as short
Bitget STXUSDT+0.0033%8h0.3342−0.298%$4.6M$2.0M50xas long as short
Injective STX/USDC PERP+0.0033%1h0.3463+3.311%$4K$264K12xas long as short
ApeX Omni STXUSDTlong+0.0092%1h0.3352long leg$49K$686K50x
BloFin STX-USDT+0.0093%8h0.3347−0.149%$413K$218K20xas long as short
Aster STXUSDT+0.0100%8h0.3349−0.098%$125K$58K10xas long as short
Binance STXUSDT+0.0100%8h0.3346−0.172%$7.7M$18.7M75xas long as short
Bybit STXUSDTshort+0.0100%8h0.3340−0.358%$8.5M$6.9M75x
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX STX-USDT-SWAP+0.0100%8h0.3344−0.239%$2.3M$5.6M20xas long as short
Gate STX_USDT+0.0100%8h0.3341−0.328%$585K$339K50xas long as short
MEXC STX_USDT+0.0100%8h0.3347−0.149%$6.0M$1.2M50xas long as short
KuCoin STXUSDTM+0.0100%8h0.3346−0.179%$2.4M$1.7M50xas long as short
BingX STX-USDT+0.0100%8h0.3345−0.209%$13.6Mas long as short
Extended STX-USD+0.0104%1h0.3347−0.161%$180K$617K10xas long as short
GMX STX/USD [WBTC.b-USDC]L +0.0188% / S −0.0263%1h0.3345−0.199%$4K100xas long as short
Hyperliquid STX+0.0288%1h0.3350−0.048%$1.4M$783K5xas long as short