Funding you earn now, next payment 09:00 UTC−0.5757%/8h= −630.4% APRpaid last 24h −0.592%
Price spread now: BingX against Kraken Futures−0.673%7-day average — · you buy dearer than you sell
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 against this trade now: funding costs −$173 a day on $10k at the current rate, and BingX is 0.673% cheaper against Kraken Futures than usual: you would sell low and buy high (−$67 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
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 | Kraken Futures PF_STGUSD | 0.1220 | 0.7417 | pay 0.0927% / 1h | 12m 25s | $9K | $7K | 10x |
| Short | BingX STG-USDT | 0.1212 | 0.1660 | get 0.0830% / 4h | 3h 12m | — | $1.2M | — |
Kraken Futures PF_STGUSD
BingX STG-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Kraken Futures. 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
- −$1,208.96
- Price spread: −0.673% → 0.000%
- −$67.27
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$1,296.23
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; BingX: 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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell BingX live order book, 3 min ago | 12.36 bp | 22.4 bp −$22 | 68.8 bp −$688 | 361.7 bp −$36.2K | 397.1 bp −$198.5K |
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 | 0.1213 | −0.591% | $740K | $225K | 30x | as long as short |
| Variational Omni STG | +0.1422% | 8h | 0.1215 | −0.429% | $33K | $59K | — | as long as short |
| Bitget STGUSDT | +0.1428% | 4h | 0.1213 | −0.591% | $460K | $1.7M | 50x | as long as short |
| Binance STGUSDT | +0.1526% | 4h | 0.1213 | −0.591% | $2.6M | $4.9M | 20x | as long as short |
| Gate STG_USDT | +0.1656% | 4h | 0.1215 | −0.427% | $123K | $166K | 25x | as long as short |
| BingX STG-USDTshort | +0.1660% | 4h | 0.1212 | −0.673% | — | $1.2M | — | |
| Bybit STGUSDT | +0.1810% | 8h | 0.1213 | −0.599% | $1.1M | $2.3M | 25x | as long as short |
| MEXC STG_USDT | +0.1833% | 8h | 0.1213 | −0.591% | $267K | $86K | 20x | as long as short |
| Aster STGUSDT | +0.2009% | 4h | 0.1205 | −1.214% | $15K | $44K | 5x | as long as short |
| Kraken Futures PF_STGUSDlong | +0.7417% | 1h | 0.1220 | long leg | $9K | $7K | 10x |
KuCoin STGUSDTM
Variational Omni STG
Bitget STGUSDT
Binance STGUSDT
Gate STG_USDT
Bybit STGUSDT
MEXC STG_USDT
Aster STGUSDT