Funding you earn now, next payment 09:00 UTC+0.5794%/8h= +634.4% APRpaid last 24h +0.592%
Price spread now: Kraken Futures against BingX+0.616%53s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.402%+$40 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 +$174 a day on $10k at the current rate, and Kraken Futures is 0.616% dearer against BingX than usual: you sell high and buy low: +$62 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.402% in total (about 20.9% 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 | BingX STG-USDT | 0.1212 | 0.1628 | pay 0.0814% / 4h | 3h 15m | — | $1.2M | — |
| Short | Kraken Futures PF_STGUSD | 0.1219 | 0.7421 | get 0.0928% / 1h | 15m 22s | $9K | $7K | 10x |
BingX STG-USDT
Kraken Futures PF_STGUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against BingX. 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
- $1,216.71
- Price spread: +0.616% → 0.000%
- $61.56
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $1,258.28
- Costs to cover
- 0.200%
- Break-even
- from the start
Slippage unknown: BingX: live order book, 14 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 BingX live order book, 14 min ago | 12.46 bp | 18.4 bp −$18 | 126.2 bp −$1,262 | 408.8 bp −$40.9K | 434.7 bp −$217.4K |
| 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin STGUSDTM | +0.0100% | 4h | 0.1211 | −0.083% | $739K | $226K | 30x | as long as short |
| Variational Omni STG | +0.1422% | 8h | 0.1215 | +0.245% | $33K | $59K | — | as long as short |
| Bitget STGUSDT | +0.1428% | 4h | 0.1212 | 0.000% | $451K | $1.7M | 50x | as long as short |
| Binance STGUSDT | +0.1507% | 4h | 0.1212 | 0.000% | $2.6M | $4.9M | 20x | as long as short |
| BingX STG-USDTlong | +0.1628% | 4h | 0.1212 | long leg | — | $1.2M | — | |
| Gate STG_USDT | +0.1712% | 4h | 0.1214 | +0.165% | $122K | $165K | 25x | as long as short |
| MEXC STG_USDT | +0.1845% | 8h | 0.1212 | 0.000% | $267K | $86K | 20x | as long as short |
| Bybit STGUSDT | +0.1884% | 8h | 0.1213 | +0.091% | $1.1M | $2.3M | 25x | as long as short |
| Aster STGUSDT | +0.2036% | 4h | 0.1205 | −0.573% | $15K | $44K | 5x | as long as short |
| Kraken Futures PF_STGUSDshort | +0.7421% | 1h | 0.1219 | +0.616% | $9K | $7K | 10x |
KuCoin STGUSDTM
Variational Omni STG
Bitget STGUSDT
Binance STGUSDT
Gate STG_USDT
MEXC STG_USDT
Bybit STGUSDT
Aster STGUSDT