STORJ funding rates and arbitrage

STORJ perpetuals trade on 5 contracts across 5 venues, forming 10 cross-venue arbitrage pairs. By net APR the current best pair is long Crypto.com against short Bybit, netting +297.92%, though note the legs settle on different cadences (4h / 8h)ใ€‚

STORJ perpetual funding rates by venue

APR = current rate ร— (24 รท settlement interval) ร— 365. Venues settle on different cadences, so rates must be annualised before comparing.

VenueContractMarginSettlementCurrent rateAPR24h avg APR24h volumeMark
BybitSTORJUSDTUSDT8h0.0431%+47.20%+12.97%$184K0.02419
LBankSTORJUSDTUSDT8h0.0422%+46.16%+12.90%$109K0.02419
MEXCSTORJ_USDTUSDT8h0.0431%+47.19%+12.83%$106K0.02417
GateSTORJ_USDTUSDT4h0.0050%+10.95%+10.95%$30K0.02406
Crypto.comSTORJUSD-PERPUSD4h-0.1145%-250.72%-68.15%$20.02416

STORJ cross-venue arbitrage pairs

Short the higher-APR leg and go long the lower one; net APR = short leg โˆ’ long leg.

LongShortNet APRDaily24h avgSettlementLiquidity
Crypto.com USDBybit USDT+297.92%0.8162%+81.12%4h / 8h$2
Crypto.com USDMEXC USDT+297.92%0.8162%+80.99%4h / 8h$2
Crypto.com USDLBank USDT+296.88%0.8134%+81.05%4h / 8h$2
Crypto.com USDGate USDT+261.67%0.7169%+79.10%4h matched$2
Gate USDTBybit USDT+36.25%0.0993%+2.02%4h / 8h$30K
Gate USDTMEXC USDT+36.24%0.0993%+1.88%4h / 8h$30K
Gate USDTLBank USDT+35.21%0.0965%+1.95%4h / 8h$30K
LBank USDTBybit USDT+1.05%0.0029%+0.07%8h matched$109K
LBank USDTMEXC USDT+1.04%0.0028%-0.06%8h matched$106K
MEXC USDTBybit USDT+0.01%0.0000%+0.13%8h matched$106K

Storj project profile

Key facts
Total
425.00M
Max supply
unlimited
Type
Token
Launched
2017-06-19
Market cap rank
#1166
StorageHarmony EcosystemEthereum EcosystemDePINEnergi Ecosystem
Contract addresses
ethereum0xb64ef51c888972c908cfacf59b47c1afbc0ab8ac
harmony0x266f341e33aa61c30c6a9af89314811a5b097cb4
energi0xcde71daaffb6a12d584f55777d4c9e9d3c353c1e
About

Storj is an open-source platform that leverages the blockchain to provide end-to-end encrypted cloud storage services. Instead of maintaining its own data centres, Storj platform relies on a peer-to-peer network of individuals or entities sharing their storage spaces. The Storj project is owned and developed by Storj Labs Inc. Storj intends to facilitate a faster, cheaper, and secure file storage solution than traditional cloud storage platforms. To achieve its goal, Storj deploys several innovative technologies and methods to make sure that users are able to store and retrieve data in a fastest possible way while not compromising the security and integrity of data. Storj Labs Inc was founded in 2014 by Shawn Wilkinson with co-founders John Quinn. The company is headquartered at Atlanta, Georgia in the United States. Shawn was previously appointed as CEO, but in March 2018, he stepped down from the post to serve as CSO of the company. Shawn was replaced by Ben Golub (Ex-CEO of Docker) who currently serves as the Executive Chairman & Interim CEO. Co-founder John Quinn has been appointed as the Chief Revenue Officer. The company launched its initial coin offering (ICO) of the new tok

Reference data from CoinGecko, independent of the rate data on this site. We do not verify or endorse what these links contain.

Funding rates for other coins

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