Funding you earn now, next payment 23:00 UTC−0.1530%/8h= −167.6% APRpaid last 24h −0.115%
Price spread now: Bitget against Kraken Futures−0.169%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+0.049%+$5 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 −$46 a day on $10k at the current rate, and Bitget is 0.169% cheaper against Kraken Futures than usual: you would sell low and buy high (−$17 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 0.049% in total (about 2.6% 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 | 0.1630 | pay 0.0204% / 1h | 38m 44s | $9K | $10K | 10x |
| Short | Bitget STGUSDT | 0.1218 | 0.0100 | get 0.0050% / 4h | 1h 38m | $461K | $1.4M | 50x |
Kraken Futures PF_STGUSD
Bitget STGUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$321.36
- Price spread: −0.169% → 0.000%
- −$16.95
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$360.3
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Bitget: 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 Bitget live order book, 3 min ago | 8.21 bp | 23.0 bp −$23 | 181.0 bp −$1,810 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster STGUSDT | +0.0100% | 4h | 0.1220 | −0.006% | $16K | $59K | 5x | as long as short |
| Binance STGUSDT | +0.0100% | 4h | 0.1219 | −0.108% | $2.7M | $6.0M | 20x | as long as short |
| Gate STG_USDT | +0.0100% | 4h | 0.1218 | −0.169% | $105K | $213K | 25x | as long as short |
| MEXC STG_USDT | +0.0100% | 8h | 0.1219 | −0.087% | $268K | $85K | 20x | as long as short |
| KuCoin STGUSDTM | +0.0100% | 4h | 0.1220 | −0.006% | $784K | $166K | 30x | as long as short |
| Bitget STGUSDTshort | +0.0100% | 4h | 0.1218 | −0.169% | $461K | $1.4M | 50x | |
| BingX STG-USDT | +0.0100% | 4h | 0.1220 | −0.006% | — | $1.2M | — | as long as short |
| Variational Omni STG | +0.0100% | 8h | 0.1221 | +0.049% | $27K | $90K | — | as long as short |
| Bybit STGUSDT | +0.0101% | 8h | 0.1219 | −0.063% | $1.0M | $2.3M | 25x | as long as short |
| Kraken Futures PF_STGUSDlong | +0.1630% | 1h | 0.1220 | long leg | $9K | $10K | 10x |
Aster STGUSDT
Binance STGUSDT
Gate STG_USDT
MEXC STG_USDT
KuCoin STGUSDTM
BingX STG-USDT
Variational Omni STG
Bybit STGUSDT