Funding you earn now, next payment 06:00 UTC+0.3881%/8h= +424.9% APRpaid last 24h +0.503%
Price spread now: Kraken Futures against KuCoin+0.375%52s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.331%+$33 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 +$116 a day on $10k at the current rate, and Kraken Futures is 0.375% dearer against KuCoin than usual: you sell high and buy low: +$37 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 52 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 0.331% in total (about 17.3% 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 | KuCoin STGUSDTM | 0.1206 | 0.0100 | pay 0.0050% / 4h | 2h 30m | $748K | $211K | 30x |
| Short | Kraken Futures PF_STGUSD | 0.1211 | 0.3981 | get 0.0498% / 1h | 30m 28s | $9K | $8K | 10x |
KuCoin STGUSDTM
Kraken Futures PF_STGUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against KuCoin. 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
- $814.91
- Price spread: +0.375% → 0.000%
- $37.49
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $830.41
- Costs to cover
- 0.220%
- Break-even
- from the start
Slippage unknown: KuCoin: live order book, 49 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 KuCoin live order book, 49 min ago | 16.51 bp | 104.6 bp −$105 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin STGUSDTMlong | +0.0100% | 4h | 0.1206 | long leg | $748K | $211K | 30x | |
| Gate STG_USDT | +0.0546% | 4h | 0.1205 | −0.083% | $108K | $150K | 25x | as long as short |
| Binance STGUSDT | +0.0973% | 4h | 0.1206 | 0.000% | $2.6M | $5.4M | 20x | as long as short |
| Bitget STGUSDT | +0.1100% | 4h | 0.1206 | 0.000% | $440K | $1.7M | 50x | as long as short |
| Variational Omni STG | +0.1252% | 8h | 0.1205 | −0.098% | $32K | $67K | — | as long as short |
| BingX STG-USDT | +0.1386% | 4h | 0.1205 | −0.083% | — | $1.2M | — | as long as short |
| MEXC STG_USDT | +0.1497% | 8h | 0.1203 | −0.249% | $265K | $85K | 20x | as long as short |
| Bybit STGUSDT | +0.1499% | 8h | 0.1205 | −0.124% | $1.1M | $2.4M | 25x | as long as short |
| Aster STGUSDT | +0.1618% | 4h | 0.1205 | −0.069% | $14K | $46K | 5x | as long as short |
| Kraken Futures PF_STGUSDshort | +0.3981% | 1h | 0.1211 | +0.375% | $9K | $8K | 10x |
Gate STG_USDT
Binance STGUSDT
Bitget STGUSDT
Variational Omni STG
BingX STG-USDT
MEXC STG_USDT
Bybit STGUSDT
Aster STGUSDT