Funding you earn now, next payment 04:00 UTC+0.3240%/8h= +354.8% APRpaid last 24h +0.290%
Price spread now: Kraken Futures against MEXC+0.378%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+0.073%+$7 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 +$97 a day on $10k at the current rate, and Kraken Futures is 0.378% dearer against MEXC than usual: you sell high and buy low: +$38 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 0.073% in total (about 3.8% 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 | MEXC STG_USDT | 0.1199 | 0.1469 | pay 0.1469% / 8h | 4h 23m | $264K | $86K | 20x |
| Short | Kraken Futures PF_STGUSD | 0.1204 | 0.4709 | get 0.0589% / 1h | 23m 26s | $9K | $10K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against MEXC. 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
- $680.44
- Price spread: +0.378% → 0.000%
- $37.83
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $704.27
- Costs to cover
- 0.140%
- Break-even
- from the start
Slippage unknown: MEXC: live order book, 16 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 MEXC live order book, 16 min ago | 8.35 bp | 17.3 bp −$17 | 152.1 bp −$1,521 | 377.3 bp −$37.7K | 642.1 bp −$321.0K |
| 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 | 0.1201 | +0.167% | $106K | $153K | 25x | as long as short |
| KuCoin STGUSDTM | +0.0100% | 4h | 0.1201 | +0.167% | $743K | $201K | 30x | as long as short |
| Binance STGUSDT | +0.0133% | 4h | 0.1201 | +0.182% | $2.6M | $5.5M | 20x | as long as short |
| Bitget STGUSDT | +0.0164% | 4h | 0.1201 | +0.167% | $425K | $1.6M | 50x | as long as short |
| Aster STGUSDT | +0.0784% | 4h | 0.1198 | −0.124% | $14K | $51K | 5x | as long as short |
| Variational Omni STG | +0.0975% | 8h | 0.1202 | +0.282% | $32K | $88K | — | as long as short |
| BingX STG-USDT | +0.1300% | 4h | 0.1199 | 0.000% | — | $1.2M | — | as long as short |
| MEXC STG_USDTlong | +0.1469% | 8h | 0.1199 | long leg | $264K | $86K | 20x | |
| Bybit STGUSDT | +0.1480% | 8h | 0.1201 | +0.192% | $1.1M | $2.4M | 25x | as long as short |
| Kraken Futures PF_STGUSDshort | +0.4709% | 1h | 0.1204 | +0.378% | $9K | $10K | 10x |
MEXC STG_USDT
Kraken Futures PF_STGUSD
Gate STG_USDT
KuCoin STGUSDTM
Binance STGUSDT
Bitget STGUSDT
Aster STGUSDT
Variational Omni STG
BingX STG-USDT
Bybit STGUSDT