Funding you earn now, next payment 04:00 UTC+0.4609%/8h= +504.7% APRpaid last 24h +0.392%
Price spread now: Kraken Futures against Binance+0.245%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.245%+$25 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$138 a day on $10k at the current rate, and Kraken Futures is 0.245% dearer against Binance than usual: you sell high and buy low: +$25 more if the spread goes back to zero (this spread has no 7-day history yet).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.245% in total (about 12.8% 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance STGUSDT | 0.1200 | 0.0102 | pay 0.0051% / 4h | 45m 20s | $2.6M | $5.6M | 20x |
| Short | Kraken Futures PF_STGUSD | 0.1203 | 0.4712 | get 0.0589% / 1h | 45m 20s | $9K | $10K | 10x |
Binance STGUSDT
Kraken Futures PF_STGUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Binance. 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
- $967.95
- Price spread: +0.245% → 0.000%
- $24.55
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $972.49
- Costs to cover
- 0.200%
- Break-even
- from the start
Slippage unknown: Binance: live order book, 8 min ago; Kraken Futures: no order-book sample. 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 Binance live order book, 8 min ago | 4.16 bp | 32.5 bp −$32 | 370.0 bp −$3,700 | doesn't fit | doesn't fit |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
Kraken Futures: 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.
STG on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate STG_USDT | +0.0100% | 4h | 0.1199 | −0.083% | $105K | $150K | 25x | as long as short |
| KuCoin STGUSDTM | +0.0100% | 4h | 0.1196 | −0.333% | $745K | $200K | 30x | as long as short |
| Bitget STGUSDT | +0.0100% | 4h | 0.1200 | 0.000% | $423K | $1.6M | 50x | as long as short |
| Binance STGUSDTlong | +0.0102% | 4h | 0.1200 | long leg | $2.6M | $5.6M | 20x | |
| Aster STGUSDT | +0.0753% | 4h | 0.1198 | −0.143% | $14K | $51K | 5x | as long as short |
| Variational Omni STG | +0.0914% | 8h | 0.1200 | +0.002% | $33K | $87K | — | as long as short |
| BingX STG-USDT | +0.1368% | 4h | 0.1199 | −0.083% | — | $1.2M | — | as long as short |
| Bybit STGUSDT | +0.1434% | 8h | 0.1200 | −0.042% | $1.1M | $2.4M | 25x | as long as short |
| MEXC STG_USDT | +0.1445% | 8h | 0.1198 | −0.167% | $264K | $85K | 20x | as long as short |
| Kraken Futures PF_STGUSDshort | +0.4712% | 1h | 0.1203 | +0.245% | $9K | $10K | 10x |
Gate STG_USDT
KuCoin STGUSDTM
Bitget STGUSDT
Aster STGUSDT
Variational Omni STG
BingX STG-USDT
Bybit STGUSDT
MEXC STG_USDT