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

STX

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0745%/8h= +81.6% APRpaid last 24h +0.008%
Price spread now: Extended against Gate+0.068%7-day average +0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$158as in the Funding arb table
Net, price: spread back to 7d avg − costs−$157as in the Price arb table
costs, in and out, $10k−$1601.604% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.024%+$2 on $10k
Price spread, last 4 days (all we have)−0.078%−$8 · spread now +0.068%, 7d avg +0.035%
Together, before fees−0.054%+ Points / potential airdropExtended: Active · farm board−$5 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$22 a day on $10k at the current rate, and Extended is 0.034% dearer against Gate than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.035%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.024% in total (about 1.3% 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
LongGate STX_USDT0.3403−0.0641get 0.0641% / 8h7h 57m$598K$352K50x
ShortExtended STX-USD0.34050.0104get 0.0013% / 1h57m 39s$184K$590K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Gate. 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
$156.45
Price spread: +0.068% → +0.035%
$3.36
Slippage, 4 orders
−$140.37
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$0.56
Costs to cover
1.604%
Break-even
7.0 days
Slippage from Gate: live order book, 14 min ago; Extended: live order book, 15 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 Gate live order book, 14 min ago2.95 bp60.5 bp −$61327.1 bp −$3,271doesn't fitdoesn't fit
Sell Extended live order book, 15 min ago3.54 bp19.7 bp −$20166.9 bp −$1,669doesn'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_STXUSD−0.0721%1h0.3407+0.108%$75K$119K20xas long as short
Gate STX_USDTlong−0.0641%8h0.3403long leg$598K$352K50x
Variational Omni STX−0.0431%8h0.3408+0.148%$787K$312Kas long as short
Bitget STXUSDT−0.0010%8h0.3402−0.029%$4.9M$1.8M50xas long as short
gTrade (Gains Network) STX/USDL −0.0002% / S +0.0003%1h0.3407+0.118%150xas long as short
Injective STX/USDC PERP+0.0033%1h0.3463+1.763%$4K$264K12xas long as short
Hyperliquid STX+0.0100%1h0.3412+0.250%$1.5M$910K5xas long as short
Aster STXUSDT+0.0100%8h0.3406+0.076%$127K$67K10xas long as short
Binance STXUSDT+0.0100%8h0.3406+0.088%$7.9M$19.4M75xas long as short
Bybit STXUSDT+0.0100%8h0.3402−0.029%$8.7M$7.1M75xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX STX-USDT-SWAP+0.0100%8h0.3405+0.059%$2.3M$6.0M20xas long as short
MEXC STX_USDT+0.0100%8h0.3405+0.059%$6.2M$1.3M50xas long as short
KuCoin STXUSDTM+0.0100%8h0.3406+0.088%$2.4M$1.7M50xas long as short
BingX STX-USDT+0.0100%8h0.3406+0.088%$16.2Mas long as short
ApeX Omni STXUSDT+0.0100%1h0.3413+0.294%$50K$685K50xas long as short
Extended STX-USDshort+0.0104%1h0.3405+0.068%$184K$590K10x
BloFin STX-USDT+0.0109%8h0.3409+0.176%$419K$236K20xas long as short
GMX STX/USD [WBTC.b-USDC]L +0.0194% / S −0.0366%1h0.3406+0.099%$5K100xas long as short