Funding arb · Price arb /

STX

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0204%/8h= +22.4% APRpaid last 24h +0.090%

Price spread now: GMX against Aster+0.084%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Aster Short on GMX

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and GMX is 0.084% dearer against Aster than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster STXUSDT	0.3444	0.0100	pay 0.0100% / 8h	2h 54m	$129K	$56K	10x
Short	GMX STX/USD [WBTC.b-USDC]	0.3446	L +0.0190% / S −0.0304%	get 0.0038% / 1h	54m 07s	$5K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Aster. 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 AsterbpFee GMXbpOrdersPrice spread, now +0.084%Rate

Funding earned: $42.87
Price spread: +0.084% → 0.000%: $8.38
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee GMX: 6 bp × 2 orders: −$12
Net: $31.24
Costs to cover: 0.200%
Break-even: 1.9 days

Slippage unknown: Aster: live order book, 57 min ago; GMX: no order-book sample. 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 Aster live order book, 57 min ago	10.11 bp	26.3 bp −$26	doesn't fit	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_STXUSD	−0.0737%	1h	0.3441	−0.088%	$71K	$112K	20x	as long as short
Variational Omni STX	−0.0183%	8h	0.3440	−0.107%	$790K	$235K	—	as long as short
gTrade (Gains Network) STX/USD	L −0.0002% / S +0.0003%	1h	0.3447	+0.088%	—	—	150x	as long as short
Injective STX/USDC PERP	+0.0033%	1h	0.3463	+0.564%	$4K	$264K	12x	as long as short
Hyperliquid STX	+0.0100%	1h	0.3452	+0.230%	$1.5M	$724K	5x	as long as short
Aster STXUSDTlong	+0.0100%	8h	0.3444	long leg	$129K	$56K	10x
Binance STXUSDT	+0.0100%	8h	0.3446	+0.057%	$8.0M	$18.1M	75x	as long as short
Bybit STXUSDT	+0.0100%	8h	0.3441	−0.072%	$8.8M	$6.5M	75x	as long as short
OKX STX-USDT-SWAP	+0.0100%	8h	0.3443	−0.017%	$2.4M	$5.5M	20x	as long as short
Gate STX_USDT	+0.0100%	8h	0.3442	−0.046%	$621K	$382K	50x	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	0.3446	+0.070%	$6.0M	$1.1M	50x	as long as short
KuCoin STXUSDTM	+0.0100%	8h	0.3445	+0.041%	$2.4M	$1.1M	50x	as long as short
Bitget STXUSDT	+0.0100%	8h	0.3444	+0.012%	$4.7M	$2.0M	50x	as long as short
BingX STX-USDT	+0.0100%	8h	0.3444	+0.012%	—	$13.5M	—	as long as short
ApeX Omni STXUSDT	+0.0100%	1h	0.3447	+0.099%	$61K	$690K	50x	as long as short
Extended STX-USD	+0.0104%	1h	0.3447	+0.088%	$183K	$1.1M	10x	as long as short
BloFin STX-USDT	+0.0108%	8h	0.3446	+0.070%	$423K	$221K	20x	as long as short
GMX STX/USD [WBTC.b-USDC]short	L +0.0190% / S −0.0304%	1h	0.3446	+0.084%	$5K	—	100x