Funding arb · Price arb /

STX

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.025%

Price spread now: ApeX Omni against KuCoin−0.060%7-day average +0.082% · you buy dearer than you sell

Net, funding: paid 7d − costs−$113as in the Funding arb table

Net, price: spread back to 7d avg − costs−$143as in the Price arb table

costs, in and out, $10k−$1291.292% of the position

Long on KuCoin Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.167%+$17 on $10k

Price spread, last 4 days (all we have)+0.259%+$26 · spread now −0.060%, 7d avg +0.082%

Together, before fees+0.426%+$43 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: ApeX Omni is 0.142% cheaper against KuCoin than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of +0.082%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin STXUSDTM	0.3357	0.0100	pay 0.0100% / 8h	5h 03m	$2.4M	$1.2M	50x
Short	ApeX Omni STXUSDT	0.3355	0.0100	get 0.0013% / 1h	3m 19s	$59K	$697K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against KuCoin. 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

Position, each leg$Hold fordaysFee KuCoinbpFee ApeX OmnibpOrdersPrice spread, now −0.060%Rate

Funding earned: $0
Price spread: −0.060% → +0.082%: −$14.19
Slippage, 4 orders: −$107.22
Fee KuCoin: 6 bp × 2 orders: −$12
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$143.41
Costs to cover: 1.292%
Break-even: never at this rate

Slippage from KuCoin: live order book, 3 min ago; ApeX Omni: live order book, 60 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 KuCoin live order book, 3 min ago	2.98 bp	45.2 bp −$45	130.3 bp −$1,303	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 60 min ago	5.94 bp	13.7 bp −$14	107.8 bp −$1,078	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	−0.0763%	1h	0.3363	+0.183%	$68K	$113K	20x	as long as short
Variational Omni STX	−0.0315%	8h	0.3351	−0.183%	$775K	$230K	—	as long as short
gTrade (Gains Network) STX/USD	L −0.0002% / S +0.0003%	1h	0.3359	+0.066%	—	—	150x	as long as short
Gate STX_USDT	+0.0006%	8h	0.3351	−0.179%	$592K	$346K	50x	as long as short
Injective STX/USDC PERP	+0.0033%	1h	0.3463	+3.158%	$4K	$264K	12x	as long as short
BloFin STX-USDT	+0.0082%	8h	0.3359	+0.060%	$410K	$215K	20x	as long as short
Aster STXUSDT	+0.0100%	8h	0.3355	−0.060%	$126K	$57K	10x	as long as short
Binance STXUSDT	+0.0100%	8h	0.3361	+0.131%	$7.7M	$18.0M	75x	as long as short
Bybit STXUSDT	+0.0100%	8h	0.3359	+0.060%	$8.6M	$6.5M	75x	as long as short
OKX STX-USDT-SWAP	+0.0100%	8h	0.3363	+0.179%	$2.3M	$5.3M	20x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC STX_USDT	+0.0100%	8h	0.3356	−0.030%	$5.9M	$1.2M	50x	as long as short
KuCoin STXUSDTMlong	+0.0100%	8h	0.3357	long leg	$2.4M	$1.2M	50x
Bitget STXUSDT	+0.0100%	8h	0.3359	+0.060%	$4.6M	$2.0M	50x	as long as short
BingX STX-USDT	+0.0100%	8h	0.3357	0.000%	—	$13.5M	—	as long as short
ApeX Omni STXUSDTshort	+0.0100%	1h	0.3355	−0.060%	$59K	$697K	50x
Extended STX-USD	+0.0104%	1h	0.3360	+0.085%	$179K	$619K	10x	as long as short
Hyperliquid STX	+0.0156%	1h	0.3365	+0.241%	$1.5M	$733K	5x	as long as short
GMX STX/USD [WBTC.b-USDC]	L +0.0190% / S −0.0304%	1h	0.3357	+0.009%	$4K	—	100x	as long as short