Funding you earn now, next payment 08:00 UTC−0.0021%/8h= −2.3% APRnext payment −$0.21 per $10,000 · paid last 24h −0.005%
Price spread now: Gate against BloFin−0.430%93s7-day average −0.075% · you buy dearer than you sell
Net, funding: paid 7d − costs−$137as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1321.322% of the position
Funding, last 7 days−0.047%−$5 on $10k
+Price spread, last 4 days (all we have)−0.188%−$19 · spread now −0.430%, 7d avg −0.075%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Gate is 0.354% cheaper against BloFin than usual: you would sell low and buy high (−$35 if the spread goes back to its 7-day average of −0.075%). Swap the legs. The two prices were read 93 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin STX-USDT | 0.3491 | 0.0121 | pay 0.0121% / 8h | 2h 33m | $428K | $225K | 20x |
| Short | Gate STX_USDT | 0.3476 | 0.0100 | get 0.0100% / 8h | 2h 33m | $628K | $398K | 50x |
BloFin STX-USDT
Gate STX_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against BloFin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$4.34
- Price spread: −0.430% → −0.075%
- −$35.45
- Slippage, 4 orders
- −$105.2
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$171.99
- Costs to cover
- 1.322%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 48 min ago; Gate: live order book, 13 min ago.
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 BloFin live order book, 48 min ago | 2.91 bp | 9.0 bp −$9 | 30.7 bp −$307 | 221.5 bp −$22.2K | doesn't fit |
| Sell Gate live order book, 13 min ago | 4.33 bp | 39.7 bp −$40 | 381.2 bp −$3,812 | doesn't fit | doesn't fit |
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 | −0.0730% | 1h | 0.3472 | −0.543% | $73K | $113K | 20x | as long as short |
| Variational Omni STX | −0.0158% | 8h | 0.3468 | −0.646% | $796K | $235K | — | as long as short |
| gTrade (Gains Network) STX/USD | L −0.0002% / S +0.0003% | 1h | 0.3484 | −0.197% | — | — | 150x | as long as short |
| Injective STX/USDC PERP | +0.0033% | 1h | 0.3463 | −0.802% | $4K | $264K | 12x | as long as short |
| Hyperliquid STX | +0.0100% | 1h | 0.3488 | −0.095% | $1.5M | $765K | 5x | as long as short |
| Aster STXUSDT | +0.0100% | 8h | 0.3485 | −0.170% | $131K | $57K | 10x | as long as short |
| Binance STXUSDT | +0.0100% | 8h | 0.3485 | −0.168% | $8.2M | $18.3M | 75x | as long as short |
| Bybit STXUSDT | +0.0100% | 8h | 0.3482 | −0.258% | $9.0M | $6.5M | 75x | as long as short |
| OKX STX-USDT-SWAP | +0.0100% | 8h | 0.3483 | −0.229% | $2.4M | $5.7M | 20x | as long as short |
| Gate STX_USDTshort | +0.0100% | 8h | 0.3476 | −0.430% | $628K | $398K | 50x |
Kraken Futures PF_STXUSD
Variational Omni STX
gTrade (Gains Network) STX/USD
Injective STX/USDC PERP
Hyperliquid STX
Aster STXUSDT
Binance STXUSDT
Bybit STXUSDT
OKX STX-USDT-SWAPShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC STX_USDT | +0.0100% | 8h | 0.3485 | −0.172% | $6.1M | $1.2M | 50x | as long as short |
| KuCoin STXUSDTM | +0.0100% | 8h | 0.3486 | −0.143% | $2.4M | $1.1M | 50x | as long as short |
| Bitget STXUSDT | +0.0100% | 8h | 0.3484 | −0.201% | $4.8M | $2.1M | 50x | as long as short |
| BingX STX-USDT | +0.0100% | 8h | 0.3483 | −0.229% | — | $13.5M | — | as long as short |
| ApeX Omni STXUSDT | +0.0100% | 1h | 0.3491 | 0.000% | $61K | $688K | 50x | as long as short |
| Extended STX-USD | +0.0104% | 1h | 0.3483 | −0.228% | $185K | $1.1M | 10x | as long as short |
| BloFin STX-USDTlong | +0.0121% | 8h | 0.3491 | long leg | $428K | $225K | 20x | |
| GMX STX/USD [WBTC.b-USDC] | L +0.0191% / S −0.0304% | 1h | 0.3484 | −0.191% | $5K | — | 100x | as long as short |
MEXC STX_USDT
KuCoin STXUSDTM
Bitget STXUSDT
BingX STX-USDT
ApeX Omni STXUSDT
Extended STX-USD
GMX STX/USD [WBTC.b-USDC]