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

STX

all STX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.1051%/8h= −115.1% APRnext payment $1.31 per $10,000 · paid last 24h −0.193%
Price spread now: Kraken Futures against GMX−0.083%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$32 a day on $10k at the current rate, and Kraken Futures is 0.083% cheaper against GMX than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX STX/USD [WBTC.b-USDC]0.3367L +0.0190% / S −0.0304%pay 0.0024% / 1h38m 31s$4K100x
ShortKraken Futures PF_STXUSD0.3365−0.0861pay 0.0108% / 1h38m 31s$69K$115K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against GMX. 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
−$220.8
Price spread: −0.083% → 0.000%
−$8.28
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$251.08
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; Kraken Futures: live order book, 19 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy GMX no order-book sample
Sell Kraken Futures live order book, 19 min ago19.75 bp33.9 bp −$34doesn't fitdoesn't fitdoesn'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 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_STXUSDshort−0.0861%1h0.3365−0.083%$69K$115K20x
Variational Omni STX−0.0271%8h0.3370+0.076%$779K$230Kas long as short
gTrade (Gains Network) STX/USDL −0.0002% / S +0.0003%1h0.3369+0.054%150xas long as short
Injective STX/USDC PERP+0.0033%1h0.3463+2.841%$4K$264K12xas long as short
Gate STX_USDT+0.0069%8h0.3365−0.069%$596K$340K50xas long as short
Aster STXUSDT+0.0100%8h0.3373+0.165%$126K$55K10xas long as short
Binance STXUSDT+0.0100%8h0.3373+0.165%$7.7M$17.7M75xas long as short
Bybit STXUSDT+0.0100%8h0.3366−0.039%$8.6M$6.4M75xas long as short
OKX STX-USDT-SWAP+0.0100%8h0.3372+0.139%$2.3M$5.3M20xas long as short
MEXC STX_USDT+0.0100%8h0.3371+0.109%$6.0M$1.2M50xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin STXUSDTM+0.0100%8h0.3372+0.139%$2.4M$1.1M50xas long as short
Bitget STXUSDT+0.0100%8h0.3369+0.050%$4.6M$1.9M50xas long as short
BingX STX-USDT+0.0100%8h0.3369+0.050%$13.5Mas long as short
ApeX Omni STXUSDT+0.0100%1h0.3380+0.376%$60K$698K50xas long as short
BloFin STX-USDT+0.0102%8h0.3369+0.050%$409K$215K20xas long as short
Extended STX-USD+0.0104%1h0.3370+0.084%$180K$619K10xas long as short
GMX STX/USD [WBTC.b-USDC]longL +0.0190% / S −0.0304%1h0.3367long leg$4K100x
Hyperliquid STX+0.0433%1h0.3376+0.260%$1.5M$705K5xas long as short