Funding you earn now, next payment 22:00 UTC+0.1461%/8h= +160.0% APRpaid last 24h +0.087%
Price spread now: BingX against Kraken Futures+0.057%7-day average −0.170% · you sell dearer than you buy
Net, funding: paid 7d − costs−$149as in the Funding arb table
Net, price: spread back to 7d avg − costs−$93as in the Price arb table
costs, in and out, $10k−$1161.156% of the position
Funding, last 7 days−0.333%−$33 on $10k
+Price spread, last 3 days (all we have)−1.031%−$103 · spread now +0.057%, 7d avg −0.170%
=Both sides work for this trade now. Funding pays +$44 a day on $10k at the current rate, and BingX is 0.227% dearer against Kraken Futures than usual: you sell high and buy low: +$23 more if the spread goes back to its 7-day average of −0.170%. Mind the row above: over the last 7 days funding on this pair cost −0.333%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.333% in total (about -17.4% 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_STXUSD | 0.3427 | −0.1361 | get 0.0170% / 1h | 2m 06s | $76K | $159K | 20x |
| Short | BingX STX-USDT | 0.3429 | 0.0100 | get 0.0100% / 8h | 2h 02m | — | $15.8M | — |
Kraken Futures PF_STXUSD
BingX STX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- $306.88
- Price spread: +0.057% → −0.170%
- $22.72
- Slippage, 4 orders
- −$95.63
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $213.97
- Costs to cover
- 1.156%
- Break-even
- 2.1 days
Slippage from Kraken Futures: live order book, 20 min ago; BingX: live order book, 6 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 Kraken Futures live order book, 20 min ago | 22.41 bp | 30.4 bp −$30 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 6 min ago | 5.84 bp | 25.1 bp −$25 | 55.7 bp −$557 | 337.1 bp −$33.7K | 502.0 bp −$251.0K |
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_STXUSDlong | −0.1361% | 1h | 0.3427 | long leg | $76K | $159K | 20x | |
| Variational Omni STX | −0.0523% | 8h | 0.3419 | −0.240% | $812K | $306K | — | as long as short |
| gTrade (Gains Network) STX/USD | L −0.0002% / S +0.0003% | 1h | 0.3431 | +0.105% | — | — | 150x | as long as short |
| Injective STX/USDC PERP | +0.0033% | 1h | 0.3427 | −0.002% | $4K | $227K | 12x | as long as short |
| BloFin STX-USDT | +0.0081% | 8h | 0.3434 | +0.203% | $430K | $238K | 20x | as long as short |
| Aster STXUSDT | +0.0100% | 8h | 0.3430 | +0.090% | $128K | $67K | 10x | as long as short |
| Binance STXUSDT | +0.0100% | 8h | 0.3432 | +0.144% | $8.0M | $20.2M | 75x | as long as short |
| Bybit STXUSDT | +0.0100% | 8h | 0.3426 | −0.031% | $8.8M | $7.5M | 75x | as long as short |
| OKX STX-USDT-SWAP | +0.0100% | 8h | 0.3430 | +0.086% | $2.4M | $6.7M | 20x | as long as short |
| Gate STX_USDT | +0.0100% | 8h | 0.3426 | −0.031% | $600K | $444K | 50x | as long as short |
Variational Omni STX
gTrade (Gains Network) STX/USD
Injective STX/USDC PERP
BloFin STX-USDT
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 | 0.3432 | +0.144% | $6.3M | $1.5M | 50x | as long as short |
| KuCoin STXUSDTM | +0.0100% | 8h | 0.3429 | +0.057% | $2.4M | $1.8M | 50x | as long as short |
| Bitget STXUSDT | +0.0100% | 8h | 0.3427 | −0.002% | $4.9M | $1.9M | 50x | as long as short |
| BingX STX-USDTshort | +0.0100% | 8h | 0.3429 | +0.057% | — | $15.8M | — | |
| ApeX Omni STXUSDT | +0.0100% | 1h | 0.3429 | +0.057% | $57K | $684K | 50x | as long as short |
| Extended STX-USD | +0.0104% | 1h | 0.3429 | +0.054% | $181K | $585K | 10x | as long as short |
| GMX STX/USD [WBTC.b-USDC] | L +0.0191% / S −0.0313% | 1h | 0.3432 | +0.138% | $5K | — | 100x | as long as short |
| Hyperliquid STX | +0.0209% | 1h | 0.3438 | +0.325% | $1.5M | $1.0M | 5x | as long as short |
MEXC STX_USDT
KuCoin STXUSDTM
Bitget STXUSDT
ApeX Omni STXUSDT
Extended STX-USD
GMX STX/USD [WBTC.b-USDC]
Hyperliquid STX