Funding you earn now, next payment 08:00 UTC+0.0021%/8h= +2.3% APRnext payment +$0.21 per $10,000 · paid last 24h −0.002%
Price spread now: BloFin against Binance+0.396%91s7-day average −0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$62as 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−$620.622% of the position
Funding, last 7 days+0.004%$0 on $10k
+Price spread, last 4 days (all we have)+0.146%+$15 · spread now +0.396%, 7d avg −0.015%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.411% dearer against Binance than usual: you sell high and buy low: +$41 more if the spread goes back to its 7-day average of −0.015%. The two prices were read 91 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 | Binance STXUSDT | 0.3477 | 0.0100 | pay 0.0100% / 8h | 2h 33m | $8.1M | $18.3M | 75x |
| Short | BloFin STX-USDT | 0.3491 | 0.0121 | get 0.0121% / 8h | 2h 33m | $428K | $225K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Binance. 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: +0.396% → −0.015%
- $41.13
- Slippage, 4 orders
- −$40.22
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$16.75
- Costs to cover
- 0.622%
- Break-even
- 34.0 days
Slippage from Binance: live order book, 7 min ago; BloFin: live order book, 48 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 Binance live order book, 7 min ago | 1.45 bp | 14.5 bp −$14 | 54.4 bp −$544 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 48 min ago | 2.91 bp | 18.3 bp −$18 | 39.9 bp −$399 | 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 | −0.149% | $73K | $113K | 20x | as long as short |
| Variational Omni STX | −0.0158% | 8h | 0.3468 | −0.252% | $796K | $235K | — | as long as short |
| gTrade (Gains Network) STX/USD | L −0.0002% / S +0.0003% | 1h | 0.3477 | −0.001% | — | — | 150x | as long as short |
| Injective STX/USDC PERP | +0.0033% | 1h | 0.3463 | −0.409% | $4K | $264K | 12x | as long as short |
| Hyperliquid STX | +0.0100% | 1h | 0.3475 | −0.055% | $1.5M | $765K | 5x | as long as short |
| Aster STXUSDT | +0.0100% | 8h | 0.3477 | 0.000% | $130K | $57K | 10x | as long as short |
| Binance STXUSDTlong | +0.0100% | 8h | 0.3477 | long leg | $8.1M | $18.3M | 75x | |
| Bybit STXUSDT | +0.0100% | 8h | 0.3482 | +0.137% | $9.0M | $6.5M | 75x | as long as short |
| OKX STX-USDT-SWAP | +0.0100% | 8h | 0.3487 | +0.281% | $2.4M | $5.7M | 20x | as long as short |
| Gate STX_USDT | +0.0100% | 8h | 0.3476 | −0.035% | $628K | $398K | 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 | 0.3487 | +0.281% | $6.1M | $1.2M | 50x | as long as short |
| KuCoin STXUSDTM | +0.0100% | 8h | 0.3485 | +0.224% | $2.4M | $1.1M | 50x | as long as short |
| Bitget STXUSDT | +0.0100% | 8h | 0.3486 | +0.253% | $4.8M | $2.1M | 50x | as long as short |
| BingX STX-USDT | +0.0100% | 8h | 0.3484 | +0.195% | — | $13.5M | — | as long as short |
| ApeX Omni STXUSDT | +0.0100% | 1h | 0.3467 | −0.294% | $61K | $688K | 50x | as long as short |
| Extended STX-USD | +0.0104% | 1h | 0.3483 | +0.168% | $185K | $1.1M | 10x | as long as short |
| BloFin STX-USDTshort | +0.0121% | 8h | 0.3491 | +0.396% | $428K | $225K | 20x | |
| GMX STX/USD [WBTC.b-USDC] | L +0.0191% / S −0.0304% | 1h | 0.3476 | −0.045% | $5K | — | 100x | as long as short |
Binance STXUSDT
BloFin STX-USDT
Kraken Futures PF_STXUSD
Variational Omni STX
gTrade (Gains Network) STX/USD
Injective STX/USDC PERP
Hyperliquid STX
Aster STXUSDT
Bybit STXUSDT
OKX STX-USDT-SWAP
Gate STX_USDT
MEXC STX_USDT
KuCoin STXUSDTM
Bitget STXUSDT
BingX STX-USDT
ApeX Omni STXUSDT
Extended STX-USD
GMX STX/USD [WBTC.b-USDC]