Funding you earn now, next payment 06:00 UTC−0.0832%/8h= −91.0% APRnext payment −$1.04 per $10,000 · paid last 24h −0.202%
Price spread now: Kraken Futures against ApeX Omni+0.335%7-day average +0.093% · you sell dearer than you buy
Net, funding: paid 7d − costs−$87as in the Funding arb table
Net, price: spread back to 7d avg − costs−$85as in the Price arb table
costs, in and out, $10k−$1091.092% of the position
Funding, last 7 days+0.224%+$22 on $10k
+Price spread, last 4 days (all we have)+0.007%+$1 · spread now +0.335%, 7d avg +0.093%
=The price spread pays, funding is against you. Kraken Futures is 0.242% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.335% now, against its 7-day average of +0.093%): +$24 on $10k if it goes back. Holding the pair costs −$25 a day in funding at the current rate, which eats that in about 23 hours. Mind the row above: over the last 7 days funding on this pair paid +0.224%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.224% in total (about 11.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.04 per $10,000. 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 | ApeX Omni STXUSDT | 0.3453 | 0.0100 | pay 0.0013% / 1h | 36m 35s | $61K | $689K | 50x |
| Short | Kraken Futures PF_STXUSD | 0.3465 | −0.0732 | pay 0.0091% / 1h | 36m 35s | $73K | $113K | 20x |
ApeX Omni STXUSDT
Kraken Futures PF_STXUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against ApeX Omni. 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
- −$174.62
- Price spread: +0.335% → +0.093%
- $24.25
- Slippage, 4 orders
- −$89.22
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$259.59
- Costs to cover
- 1.092%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 12 min ago; Kraken Futures: live order book, 11 min ago.
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 ApeX Omni live order book, 12 min ago | 8.66 bp | 16.9 bp −$17 | 91.3 bp −$913 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 11 min ago | 16.02 bp | 41.3 bp −$41 | doesn't fit | doesn't fit | doesn't fit |
STX on 18 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_STXUSDshort | −0.0732% | 1h | 0.3465 | +0.335% | $73K | $113K | 20x | |
| Variational Omni STX | −0.0168% | 8h | 0.3463 | +0.302% | $796K | $235K | — | as long as short |
| gTrade (Gains Network) STX/USD | L −0.0002% / S +0.0003% | 1h | 0.3464 | +0.325% | — | — | 150x | as long as short |
| Injective STX/USDC PERP | +0.0033% | 1h | 0.3463 | +0.290% | $4K | $264K | 12x | as long as short |
| Hyperliquid STX | +0.0100% | 1h | 0.3476 | +0.678% | $1.5M | $763K | 5x | as long as short |
| Aster STXUSDT | +0.0100% | 8h | 0.3468 | +0.431% | $130K | $56K | 10x | as long as short |
| Binance STXUSDT | +0.0100% | 8h | 0.3472 | +0.557% | $8.1M | $18.2M | 75x | as long as short |
| Bybit STXUSDT | +0.0100% | 8h | 0.3468 | +0.434% | $8.9M | $6.5M | 75x | as long as short |
| OKX STX-USDT-SWAP | +0.0100% | 8h | 0.3470 | +0.492% | $2.4M | $5.6M | 20x | as long as short |
| Gate STX_USDT | +0.0100% | 8h | 0.3462 | +0.261% | $626K | $396K | 50x | as long as short |
Variational Omni STX
gTrade (Gains Network) STX/USD
Injective STX/USDC PERP
Hyperliquid STX
Aster STXUSDT
Binance STXUSDT
Bybit STXUSDT
OKX STX-USDT-SWAP
Gate STX_USDTShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC STX_USDT | +0.0100% | 8h | 0.3471 | +0.521% | $6.1M | $1.1M | 50x | as long as short |
| KuCoin STXUSDTM | +0.0100% | 8h | 0.3469 | +0.463% | $2.4M | $1.1M | 50x | as long as short |
| Bitget STXUSDT | +0.0100% | 8h | 0.3471 | +0.521% | $4.8M | $2.0M | 50x | as long as short |
| BingX STX-USDT | +0.0100% | 8h | 0.3469 | +0.463% | — | $13.5M | — | as long as short |
| ApeX Omni STXUSDTlong | +0.0100% | 1h | 0.3453 | long leg | $61K | $689K | 50x | |
| Extended STX-USD | +0.0104% | 1h | 0.3470 | +0.495% | $184K | $1.1M | 10x | as long as short |
| BloFin STX-USDT | +0.0115% | 8h | 0.3466 | +0.376% | $423K | $223K | 20x | as long as short |
| GMX STX/USD [WBTC.b-USDC] | L +0.0191% / S −0.0304% | 1h | 0.3464 | +0.318% | $5K | — | 100x | as long as short |
MEXC STX_USDT
KuCoin STXUSDTM
Bitget STXUSDT
BingX STX-USDT
Extended STX-USD
BloFin STX-USDT
GMX STX/USD [WBTC.b-USDC]