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

STX

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Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0190%/8h= +20.8% APRnext payment +$0.24 per $10,000 · paid last 24h +0.065%
Price spread now: Hyperliquid against Injective+1.281%53s7-day average +1.934% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.287%−$29 on $10k
Price spread, last 3 days (all we have)+0.860%+$86 · spread now +1.281%, 7d avg +1.934%
Together, before fees+0.573%+ Points / potential airdropHyperliquid: Season 2 · farm board+$57 on $10k · with fees, hour by hour
Funding pays, the price is against you. Hyperliquid is 0.653% cheaper against Injective than usual: you would sell low and buy high (spread +1.281% now, against its 7-day average of +1.934%). If the spread goes back, that is −$65 on $10k: about 11 days of funding at the current rate (+$6 a day). Mind the row above: over the last 7 days funding on this pair cost −0.287%, so the current rate has only just turned in your favour. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective STX/USDC PERP0.3427−0.0090get 0.0011% / 1h38m 21s$4K$227K12x
ShortHyperliquid STX0.34710.0100get 0.0013% / 1h38m 21s$1.5M$1.0M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against Injective. 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
$39.95
Price spread: +1.281% → +1.934%
−$65.34
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$34.41
Costs to cover
0.090%
Break-even
13.0 days
Slippage unknown: Injective: no order-book sample; Hyperliquid: live order book, 2 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Injective no order-book sample
Sell Hyperliquid live order book, 2 min ago1.15 bp15.1 bp −$15doesn't fitdoesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_STXUSD−0.0726%1h0.3456+0.855%$76K$159K20xas long as short
Variational Omni STX−0.0486%8h0.3455+0.820%$819K$306Kas long as short
Injective STX/USDC PERPlong−0.0090%1h0.3427long leg$4K$227K12x
gTrade (Gains Network) STX/USDL −0.0002% / S +0.0003%1h0.3466+1.149%150xas long as short
Hyperliquid STXshort+0.0100%1h0.3471+1.281%$1.5M$1.0M5x
Aster STXUSDT+0.0100%8h0.3463+1.053%$129K$67K10xas long as short
Binance STXUSDT+0.0100%8h0.3464+1.092%$8.1M$19.9M75xas long as short
Bybit STXUSDT+0.0100%8h0.3460+0.963%$8.8M$7.4M75xas long as short
OKX STX-USDT-SWAP+0.0100%8h0.3466+1.138%$2.4M$6.6M20xas long as short
Gate STX_USDT+0.0100%8h0.3460+0.963%$605K$441K50xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC STX_USDT+0.0100%8h0.3464+1.080%$6.4M$1.4M50xas long as short
KuCoin STXUSDTM+0.0100%8h0.3462+1.021%$2.5M$1.7M50xas long as short
Bitget STXUSDT+0.0100%8h0.3461+0.992%$5.0M$1.8M50xas long as short
BingX STX-USDT+0.0100%8h0.3464+1.080%$15.7Mas long as short
ApeX Omni STXUSDT+0.0100%1h0.3461+0.992%$58K$678K50xas long as short
Extended STX-USD+0.0104%1h0.3466+1.136%$182K$585K10xas long as short
BloFin STX-USDT+0.0115%8h0.3462+1.021%$432K$237K20xas long as short
GMX STX/USD [WBTC.b-USDC]L +0.0191% / S −0.0313%1h0.3470+1.269%$5K100xas long as short