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

STX

all STX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0770%/8h= −84.3% APRpaid last 24h −0.184%
Price spread now: Kraken Futures against BloFin+0.127%7-day average +0.127% · you sell dearer than you buy
Net, funding: paid 7d − costs−$74as in the Funding arb table
Net, price: spread back to 7d avg − costs−$106as in the Price arb table
costs, in and out, $10k−$1061.064% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.326%+$33 on $10k
Price spread, last 4 days (all we have)−0.232%−$23 · spread now +0.127%, 7d avg +0.127%
Together, before fees+0.094%+$9 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.127%, so right now this pair is about funding alone: −$23 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.326%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.326% in total (about 17.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin STX-USDT0.34490.0123pay 0.0123% / 8h3h 45m$413K$220K20x
ShortKraken Futures PF_STXUSD0.3453−0.0647pay 0.0081% / 1h45m 05s$71K$111K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against BloFin. 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
−$161.61
Price spread: +0.127% → +0.127%
$0.03
Slippage, 4 orders
−$84.43
Fee BloFin: 6 bp × 2 orders
−$12
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$268.01
Costs to cover
1.064%
Break-even
never at this rate
Slippage from BloFin: live order book, 47 min ago; Kraken Futures: live order book, 7 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 47 min ago1.48 bp12.5 bp −$1330.5 bp −$305doesn't fitdoesn't fit
Sell Kraken Futures live order book, 7 min ago11.54 bp48.1 bp −$48doesn't fitdoesn't fitdoesn't fit

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−0.0647%1h0.3453+0.127%$71K$111K20x
Variational Omni STX−0.0211%8h0.3445−0.119%$791K$235Kas long as short
gTrade (Gains Network) STX/USDL −0.0002% / S +0.0003%1h0.3449+0.003%150xas long as short
Injective STX/USDC PERP+0.0033%1h0.3463+0.406%$4K$264K12xas long as short
Hyperliquid STX+0.0100%1h0.3453+0.125%$1.5M$732K5xas long as short
Aster STXUSDT+0.0100%8h0.3448−0.024%$129K$55K10xas long as short
Binance STXUSDT+0.0100%8h0.3450+0.028%$7.9M$17.9M75xas long as short
Bybit STXUSDT+0.0100%8h0.3446−0.096%$8.9M$6.4M75xas long as short
OKX STX-USDT-SWAP+0.0100%8h0.34490.000%$2.3M$5.5M20xas long as short
Gate STX_USDT+0.0100%8h0.3445−0.116%$618K$375K50xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC STX_USDT+0.0100%8h0.34490.000%$6.1M$1.2M50xas long as short
KuCoin STXUSDTM+0.0100%8h0.3448−0.029%$2.4M$1.1M50xas long as short
Bitget STXUSDT+0.0100%8h0.3448−0.029%$4.7M$2.0M50xas long as short
BingX STX-USDT+0.0100%8h0.3447−0.058%$13.6Mas long as short
ApeX Omni STXUSDT+0.0100%1h0.3457+0.232%$61K$697K50xas long as short
Extended STX-USD+0.0104%1h0.3449−0.001%$182K$614K10xas long as short
BloFin STX-USDTlong+0.0123%8h0.3449long leg$413K$220K20x
GMX STX/USD [WBTC.b-USDC]L +0.0190% / S −0.0304%1h0.3452+0.078%$5K100xas long as short