Funding you earn now, next payment 23:00 UTC+0.0190%/8h= +20.8% APRpaid last 24h +0.036%
Price spread now: Bybit against Injective−0.641%48s7-day average +1.771% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.314%−$31 on $10k
+Price spread, last 3 days (all we have)+2.900%+$290 · spread now −0.641%, 7d avg +1.771%
=Funding pays, the price is against you. Bybit is 2.412% cheaper against Injective than usual: you would sell low and buy high (spread −0.641% now, against its 7-day average of +1.771%). If the spread goes back, that is −$241 on $10k: about 42 days of funding at the current rate (+$6 a day). Mind the row above: over the last 7 days funding on this pair cost −0.314%, so the current rate has only just turned in your favour. The two prices were read 48 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 | Injective STX/USDC PERP | 0.3463 | −0.0090 | get 0.0011% / 1h | 30m 35s | $4K | $264K | 12x |
| Short | Bybit STXUSDT | 0.3441 | 0.0100 | get 0.0100% / 8h | 1h 30m | $8.8M | $7.4M | 75x |
Injective STX/USDC PERP
Bybit STXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Injective. 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
- $39.95
- Price spread: −0.641% → +1.771%
- −$241.21
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$212.28
- Costs to cover
- 0.110%
- Break-even
- 44.2 days
Slippage unknown: Injective: no order-book sample; Bybit: live order book, 3 min ago. 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 Injective no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 3 min ago | 1.45 bp | 21.4 bp −$21 | 56.1 bp −$561 | doesn't fit | doesn't fit |
Injective: 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 | −0.0728% | 1h | 0.3447 | −0.473% | $76K | $157K | 20x | as long as short |
| Variational Omni STX | −0.0484% | 8h | 0.3452 | −0.315% | $820K | $306K | — | as long as short |
| Injective STX/USDC PERPlong | −0.0090% | 1h | 0.3463 | long leg | $4K | $264K | 12x | |
| gTrade (Gains Network) STX/USD | L −0.0002% / S +0.0003% | 1h | 0.3451 | −0.333% | — | — | 150x | as long as short |
| BloFin STX-USDT | +0.0099% | 8h | 0.3454 | −0.260% | $432K | $236K | 20x | as long as short |
| Hyperliquid STX | +0.0100% | 1h | 0.3447 | −0.450% | $1.5M | $1.0M | 5x | as long as short |
| Aster STXUSDT | +0.0100% | 8h | 0.3446 | −0.482% | $129K | $67K | 10x | as long as short |
| Binance STXUSDT | +0.0100% | 8h | 0.3444 | −0.549% | $8.1M | $19.9M | 75x | as long as short |
| Bybit STXUSDTshort | +0.0100% | 8h | 0.3441 | −0.641% | $8.8M | $7.4M | 75x | |
| OKX STX-USDT-SWAP | +0.0100% | 8h | 0.3443 | −0.578% | $2.4M | $6.6M | 20x | as long as short |
Kraken Futures PF_STXUSD
Variational Omni STX
gTrade (Gains Network) STX/USD
BloFin STX-USDT
Hyperliquid STX
Aster STXUSDT
Binance STXUSDT
OKX STX-USDT-SWAPShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate STX_USDT | +0.0100% | 8h | 0.3446 | −0.491% | $603K | $443K | 50x | as long as short |
| MEXC STX_USDT | +0.0100% | 8h | 0.3443 | −0.578% | $6.3M | $1.4M | 50x | as long as short |
| KuCoin STXUSDTM | +0.0100% | 8h | 0.3444 | −0.549% | $2.5M | $1.7M | 50x | as long as short |
| Bitget STXUSDT | +0.0100% | 8h | 0.3438 | −0.722% | $4.9M | $1.8M | 50x | as long as short |
| BingX STX-USDT | +0.0100% | 8h | 0.3445 | −0.520% | — | $16.1M | — | as long as short |
| ApeX Omni STXUSDT | +0.0100% | 1h | 0.3451 | −0.347% | $58K | $678K | 50x | as long as short |
| Extended STX-USD | +0.0104% | 1h | 0.3442 | −0.608% | $186K | $590K | 10x | as long as short |
| GMX STX/USD [WBTC.b-USDC] | L +0.0191% / S −0.0313% | 1h | 0.3456 | −0.193% | $5K | — | 100x | as long as short |
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]