Funding you earn now, next payment 00:00 UTC−0.1727%/8h= −189.1% APRpaid last 24h −0.117%
Price spread now: Kraken Futures against Bitget+0.228%7-day average +0.167% · you sell dearer than you buy
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costs−$81as in the Price arb table
costs, in and out, $10k−$870.871% of the position
Funding, last 7 days+0.272%+$27 on $10k
+Price spread, last 3 days (all we have)+0.332%+$33 · spread now +0.228%, 7d avg +0.167%
=The price spread pays, funding is against you. Kraken Futures is 0.062% dearer against Bitget than usual: you sell high and buy low (spread +0.228% now, against its 7-day average of +0.167%): +$6 on $10k if it goes back. Holding the pair costs −$52 a day in funding at the current rate, which eats that in about 3 hours. Mind the row above: over the last 7 days funding on this pair paid +0.272%, 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 0.272% in total (about 14.2% 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 | Bitget STXUSDT | 0.3392 | 0.0048 | pay 0.0048% / 8h | 27m 56s | $4.9M | $1.9M | 50x |
| Short | Kraken Futures PF_STXUSD | 0.3400 | −0.1679 | pay 0.0210% / 1h | 27m 56s | $75K | $125K | 20x |
Bitget STXUSDT
Kraken Futures PF_STXUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Bitget. 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
- −$362.7
- Price spread: +0.228% → +0.167%
- $6.17
- Slippage, 4 orders
- −$65.14
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$443.66
- Costs to cover
- 0.871%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 5 min ago; Kraken Futures: live order book, 49 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 Bitget live order book, 5 min ago | 2.94 bp | 15.9 bp −$16 | 42.1 bp −$421 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 49 min ago | 11.99 bp | 29.8 bp −$30 | 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 | −0.1679% | 1h | 0.3400 | +0.228% | $75K | $125K | 20x | |
| Variational Omni STX | −0.0446% | 8h | 0.3394 | +0.062% | $784K | $312K | — | as long as short |
| gTrade (Gains Network) STX/USD | L −0.0002% / S +0.0003% | 1h | 0.3397 | +0.159% | — | — | 150x | as long as short |
| Injective STX/USDC PERP | 0.0000% | 1h | 0.3463 | +2.093% | $4K | $264K | 12x | as long as short |
| Bitget STXUSDTlong | +0.0048% | 8h | 0.3392 | long leg | $4.9M | $1.9M | 50x | |
| BloFin STX-USDT | +0.0093% | 8h | 0.3402 | +0.295% | $427K | $230K | 20x | as long as short |
| Hyperliquid STX | +0.0100% | 1h | 0.3402 | +0.280% | $1.5M | $1.0M | 5x | as long as short |
| Aster STXUSDT | +0.0100% | 8h | 0.3398 | +0.174% | $127K | $67K | 10x | as long as short |
| Binance STXUSDT | +0.0100% | 8h | 0.3397 | +0.147% | $8.0M | $19.9M | 75x | as long as short |
| Bybit STXUSDT | +0.0100% | 8h | 0.3392 | 0.000% | $8.7M | $7.5M | 75x | as long as short |
Variational Omni STX
gTrade (Gains Network) STX/USD
Injective STX/USDC PERP
BloFin STX-USDT
Hyperliquid STX
Aster STXUSDT
Binance STXUSDT
Bybit STXUSDTShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX STX-USDT-SWAP | +0.0100% | 8h | 0.3396 | +0.118% | $2.4M | $6.5M | 20x | as long as short |
| Gate STX_USDT | +0.0100% | 8h | 0.3393 | +0.029% | $595K | $443K | 50x | as long as short |
| MEXC STX_USDT | +0.0100% | 8h | 0.3396 | +0.118% | $6.2M | $1.3M | 50x | as long as short |
| KuCoin STXUSDTM | +0.0100% | 8h | 0.3395 | +0.088% | $2.4M | $1.7M | 50x | as long as short |
| BingX STX-USDT | +0.0100% | 8h | 0.3397 | +0.147% | — | $16.2M | — | as long as short |
| ApeX Omni STXUSDT | +0.0100% | 1h | 0.3404 | +0.354% | $57K | $680K | 50x | as long as short |
| Extended STX-USD | +0.0104% | 1h | 0.3395 | +0.099% | $184K | $590K | 10x | as long as short |
| GMX STX/USD [WBTC.b-USDC] | L +0.0194% / S −0.0366% | 1h | 0.3396 | +0.131% | $5K | — | 100x | as long as short |
OKX STX-USDT-SWAP
Gate STX_USDT
MEXC STX_USDT
KuCoin STXUSDTM
BingX STX-USDT
ApeX Omni STXUSDT
Extended STX-USD
GMX STX/USD [WBTC.b-USDC]