Funding you earn now, next payment 10:00 UTC−0.0091%/8h= −10.0% APRpaid last 24h −0.033%
Price spread now: Bybit against GMX−0.220%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 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
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bybit is 0.220% cheaper against GMX than usual: you would sell low and buy high (−$22 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX STX/USD [WBTC.b-USDC] | 0.3424 | L +0.0191% / S −0.0318% | pay 0.0024% / 1h | 18m 35s | $5K | — | 100x |
| Short | Bybit STXUSDT | 0.3417 | 0.0100 | get 0.0100% / 8h | 6h 18m | $8.9M | $6.5M | 75x |
GMX STX/USD [WBTC.b-USDC]
Bybit STXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against GMX. 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
- −$19.13
- Price spread: −0.220% → 0.000%
- −$21.99
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$64.11
- Costs to cover
- 0.230%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Bybit: live order book, 3 min ago. 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 GMX no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 3 min ago | 1.46 bp | 16.6 bp −$17 | 43.0 bp −$430 | doesn't fit | doesn't fit |
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 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni STX | −0.0048% | 8h | 0.3417 | −0.220% | $766K | $245K | — | as long as short |
| gTrade (Gains Network) STX/USD | L −0.0002% / S +0.0003% | 1h | 0.3423 | −0.038% | — | — | 150x | as long as short |
| Injective STX/USDC PERP | +0.0033% | 1h | 0.3463 | +1.129% | $4K | $264K | 12x | as long as short |
| Hyperliquid STX | +0.0100% | 1h | 0.3424 | +0.002% | $1.4M | $884K | 5x | as long as short |
| Aster STXUSDT | +0.0100% | 8h | 0.3420 | −0.115% | $127K | $54K | 10x | as long as short |
| Binance STXUSDT | +0.0100% | 8h | 0.3422 | −0.060% | $8.2M | $17.9M | 75x | as long as short |
| Bybit STXUSDTshort | +0.0100% | 8h | 0.3417 | −0.220% | $8.9M | $6.5M | 75x | |
| OKX STX-USDT-SWAP | +0.0100% | 8h | 0.3420 | −0.126% | $2.4M | $6.1M | 20x | as long as short |
| Gate STX_USDT | +0.0100% | 8h | 0.3419 | −0.156% | $627K | $364K | 50x | as long as short |
| MEXC STX_USDT | +0.0100% | 8h | 0.3422 | −0.068% | $5.7M | $1.2M | 50x | as long as short |
Variational Omni STX
gTrade (Gains Network) STX/USD
Injective STX/USDC PERP
Hyperliquid STX
Aster STXUSDT
Binance STXUSDT
OKX STX-USDT-SWAP
Gate STX_USDT
MEXC STX_USDTShow all 18 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin STXUSDTM | +0.0100% | 8h | 0.3423 | −0.039% | $2.4M | $1.1M | 50x | as long as short |
| Bitget STXUSDT | +0.0100% | 8h | 0.3421 | −0.097% | $4.7M | $2.1M | 50x | as long as short |
| BingX STX-USDT | +0.0100% | 8h | 0.3421 | −0.097% | — | $15.8M | — | as long as short |
| ApeX Omni STXUSDT | +0.0100% | 1h | 0.3425 | +0.020% | $62K | $684K | 50x | as long as short |
| Extended STX-USD | +0.0104% | 1h | 0.3421 | −0.106% | $182K | $782K | 10x | as long as short |
| BloFin STX-USDT | +0.0106% | 8h | 0.3425 | +0.020% | $425K | $215K | 20x | as long as short |
| Kraken Futures PF_STXUSD | +0.0118% | 1h | 0.3425 | +0.019% | $75K | $126K | 20x | as long as short |
| GMX STX/USD [WBTC.b-USDC]long | L +0.0191% / S −0.0318% | 1h | 0.3424 | long leg | $5K | — | 100x |
KuCoin STXUSDTM
Bitget STXUSDT
BingX STX-USDT
ApeX Omni STXUSDT
Extended STX-USD
BloFin STX-USDT
Kraken Futures PF_STXUSD