Funding you earn now, next payment 23:00 UTC+0.0827%/8h= +90.5% APRpaid last 24h +0.111%
Price spread now: Bitget against Kraken Futures−0.099%7-day average −0.166% · you buy dearer than you sell
Net, funding: paid 7d − costs−$117as in the Funding arb table
Net, price: spread back to 7d avg − costs−$83as in the Price arb table
costs, in and out, $10k−$900.896% of the position
Funding, last 7 days−0.276%−$28 on $10k
+Price spread, last 3 days (all we have)−0.562%−$56 · spread now −0.099%, 7d avg −0.166%
=Both sides work for this trade now. Funding pays +$25 a day on $10k at the current rate, and Bitget is 0.067% dearer against Kraken Futures than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.166%. Mind the row above: over the last 7 days funding on this pair cost −0.276%, 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 -0.276% in total (about -14.4% 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 | 0.3451 | −0.0727 | get 0.0091% / 1h | 12m 47s | $76K | $143K | 20x |
| Short | Bitget STXUSDT | 0.3448 | 0.0100 | get 0.0100% / 8h | 1h 12m | $5.0M | $1.9M | 50x |
Kraken Futures PF_STXUSD
Bitget STXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $173.63
- Price spread: −0.099% → −0.166%
- $6.7
- Slippage, 4 orders
- −$67.57
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $90.76
- Costs to cover
- 0.896%
- Break-even
- 3.3 days
Slippage from Kraken Futures: live order book, 5 min ago; Bitget: live order book, 5 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, 5 min ago | 11.99 bp | 23.3 bp −$23 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 2.89 bp | 20.0 bp −$20 | 42.3 bp −$423 | 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_STXUSDlong | −0.0727% | 1h | 0.3451 | long leg | $76K | $143K | 20x | |
| Variational Omni STX | −0.0449% | 8h | 0.3452 | +0.005% | $821K | $308K | — | as long as short |
| Injective STX/USDC PERP | −0.0090% | 1h | 0.3463 | +0.336% | $4K | $264K | 12x | as long as short |
| gTrade (Gains Network) STX/USD | L −0.0002% / S +0.0003% | 1h | 0.3449 | −0.061% | — | — | 150x | as long as short |
| BloFin STX-USDT | +0.0087% | 8h | 0.3453 | +0.046% | $433K | $235K | 20x | as long as short |
| Hyperliquid STX | +0.0100% | 1h | 0.3459 | +0.232% | $1.5M | $1.0M | 5x | as long as short |
| Aster STXUSDT | +0.0100% | 8h | 0.3453 | +0.040% | $129K | $67K | 10x | as long as short |
| Binance STXUSDT | +0.0100% | 8h | 0.3452 | +0.027% | $8.1M | $19.8M | 75x | as long as short |
| Bybit STXUSDT | +0.0100% | 8h | 0.3448 | −0.099% | $8.8M | $7.4M | 75x | as long as short |
| OKX STX-USDT-SWAP | +0.0100% | 8h | 0.3451 | −0.012% | $2.4M | $6.5M | 20x | as long as short |
Variational Omni STX
Injective STX/USDC PERP
gTrade (Gains Network) STX/USD
BloFin STX-USDT
Hyperliquid STX
Aster STXUSDT
Binance STXUSDT
Bybit STXUSDT
OKX STX-USDT-SWAPShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate STX_USDT | +0.0100% | 8h | 0.3445 | −0.186% | $603K | $448K | 50x | as long as short |
| MEXC STX_USDT | +0.0100% | 8h | 0.3452 | +0.017% | $6.3M | $1.4M | 50x | as long as short |
| KuCoin STXUSDTM | +0.0100% | 8h | 0.3452 | +0.017% | $2.5M | $1.7M | 50x | as long as short |
| Bitget STXUSDTshort | +0.0100% | 8h | 0.3448 | −0.099% | $5.0M | $1.9M | 50x | |
| BingX STX-USDT | +0.0100% | 8h | 0.3449 | −0.070% | — | $16.1M | — | as long as short |
| ApeX Omni STXUSDT | +0.0100% | 1h | 0.3459 | +0.220% | $58K | $678K | 50x | as long as short |
| Extended STX-USD | +0.0104% | 1h | 0.3452 | +0.005% | $187K | $590K | 10x | as long as short |
| GMX STX/USD [WBTC.b-USDC] | L +0.0191% / S −0.0313% | 1h | 0.3454 | +0.072% | $5K | — | 100x | as long as short |
Gate STX_USDT
MEXC STX_USDT
KuCoin STXUSDTM
BingX STX-USDT
ApeX Omni STXUSDT
Extended STX-USD
GMX STX/USD [WBTC.b-USDC]