Funding you earn now, next payment 02:00 UTC+0.1220%/8h= +133.6% APRpaid last 24h +0.132%
Price spread now: Gate against Kraken Futures−0.183%7-day average −0.205% · you buy dearer than you sell
Net, funding: paid 7d − costs−$241as in the Funding arb table
Net, price: spread back to 7d avg − costs−$199as in the Price arb table
costs, in and out, $10k−$2022.017% of the position
Funding, last 7 days−0.388%−$39 on $10k
+Price spread, last 3 days (all we have)−0.242%−$24 · spread now −0.183%, 7d avg −0.205%
=Both sides work for this trade now. Funding pays +$37 a day on $10k at the current rate, and Gate is 0.022% dearer against Kraken Futures than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.205%. Mind the row above: over the last 7 days funding on this pair cost −0.388%, 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 -0.388% in total (about -20.2% 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 | Kraken Futures PF_STXUSD | 0.3368 | −0.1120 | get 0.0140% / 1h | 5m 54s | $70K | $119K | 20x |
| Short | Gate STX_USDT | 0.3362 | 0.0100 | get 0.0100% / 8h | 6h 05m | $589K | $351K | 50x |
Kraken Futures PF_STXUSD
Gate STX_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $256.16
- Price spread: −0.183% → −0.205%
- $2.25
- Slippage, 4 orders
- −$176.73
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $56.68
- Costs to cover
- 2.017%
- Break-even
- 5.5 days
Slippage from Kraken Futures: live order book, 61 min ago; Gate: live order book, 60 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, 61 min ago | 17.15 bp | 41.6 bp −$42 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 60 min ago | 2.94 bp | 59.4 bp −$59 | 283.4 bp −$2,834 | doesn't fit | doesn't fit |
STX on 17 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 | −0.1120% | 1h | 0.3368 | long leg | $70K | $119K | 20x | |
| Variational Omni STX | −0.0339% | 8h | 0.3360 | −0.230% | $771K | $287K | — | as long as short |
| gTrade (Gains Network) STX/USD | L −0.0002% / S +0.0003% | 1h | 0.3367 | −0.028% | — | — | 150x | as long as short |
| Injective STX/USDC PERP | +0.0033% | 1h | 0.3463 | +2.816% | $4K | $264K | 12x | as long as short |
| Bitget STXUSDT | +0.0084% | 8h | 0.3361 | −0.213% | $4.6M | $2.0M | 50x | as long as short |
| Aster STXUSDT | +0.0100% | 8h | 0.3365 | −0.083% | $127K | $59K | 10x | as long as short |
| Binance STXUSDT | +0.0100% | 8h | 0.3365 | −0.097% | $7.7M | $18.4M | 75x | as long as short |
| Bybit STXUSDT | +0.0100% | 8h | 0.3361 | −0.210% | $8.5M | $6.7M | 75x | as long as short |
| OKX STX-USDT-SWAP | +0.0100% | 8h | 0.3364 | −0.124% | $2.3M | $5.6M | 20x | as long as short |
| Gate STX_USDTshort | +0.0100% | 8h | 0.3362 | −0.183% | $589K | $351K | 50x |
Variational Omni STX
gTrade (Gains Network) STX/USD
Injective STX/USDC PERP
Bitget STXUSDT
Aster STXUSDT
Binance STXUSDT
Bybit STXUSDT
OKX STX-USDT-SWAPShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC STX_USDT | +0.0100% | 8h | 0.3365 | −0.094% | $6.0M | $1.2M | 50x | as long as short |
| KuCoin STXUSDTM | +0.0100% | 8h | 0.3366 | −0.064% | $2.4M | $1.7M | 50x | as long as short |
| BingX STX-USDT | +0.0100% | 8h | 0.3366 | −0.064% | — | $13.6M | — | as long as short |
| ApeX Omni STXUSDT | +0.0100% | 1h | 0.3367 | −0.035% | $49K | $688K | 50x | as long as short |
| Extended STX-USD | +0.0104% | 1h | 0.3364 | −0.112% | $180K | $618K | 10x | as long as short |
| GMX STX/USD [WBTC.b-USDC] | L +0.0188% / S −0.0263% | 1h | 0.3366 | −0.062% | $4K | — | 100x | as long as short |
| Hyperliquid STX | +0.0380% | 1h | 0.3370 | +0.055% | $1.5M | $754K | 5x | as long as short |
MEXC STX_USDT
KuCoin STXUSDTM
BingX STX-USDT
ApeX Omni STXUSDT
Extended STX-USD
GMX STX/USD [WBTC.b-USDC]
Hyperliquid STX