Funding you earn now, next payment 08:00 UTC+0.0605%/8h= +66.3% APRpaid last 24h +0.218%
Price spread now: KuCoin against Kraken Futures+0.133%7-day average −0.156% · you sell dearer than you buy
Net, funding: paid 7d − costs−$205as in the Funding arb table
Net, price: spread back to 7d avg − costs−$138as in the Price arb table
costs, in and out, $10k−$1671.671% of the position
Funding, last 7 days−0.377%−$38 on $10k
+Price spread, last 4 days (all we have)−0.522%−$52 · spread now +0.133%, 7d avg −0.156%
=Both sides work for this trade now. Funding pays +$18 a day on $10k at the current rate, and KuCoin is 0.289% dearer against Kraken Futures than usual: you sell high and buy low: +$29 more if the spread goes back to its 7-day average of −0.156%. Mind the row above: over the last 7 days funding on this pair cost −0.377%, 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 -0.377% in total (about -19.7% 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 | 0.3447 | −0.0505 | get 0.0063% / 1h | 21m 54s | $79K | $131K | 20x |
| Short | KuCoin STXUSDTM | 0.3452 | 0.0100 | get 0.0100% / 8h | 21m 54s | $2.4M | $1.1M | 50x |
Kraken Futures PF_STXUSD
KuCoin STXUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $127.14
- Price spread: +0.133% → −0.156%
- $28.94
- Slippage, 4 orders
- −$145.12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$11.05
- Costs to cover
- 1.671%
- Break-even
- 7.6 days
Slippage from Kraken Futures: live order book, 15 min ago; KuCoin: 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, 15 min ago | 9.95 bp | 18.0 bp −$18 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 4.36 bp | 39.3 bp −$39 | 105.5 bp −$1,055 | 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 | −0.0505% | 1h | 0.3447 | long leg | $79K | $131K | 20x | |
| Variational Omni STX | −0.0068% | 8h | 0.3433 | −0.422% | $772K | $244K | — | as long as short |
| gTrade (Gains Network) STX/USD | L −0.0002% / S +0.0003% | 1h | 0.3452 | +0.136% | — | — | 150x | as long as short |
| Injective STX/USDC PERP | +0.0033% | 1h | 0.3463 | +0.452% | $4K | $264K | 12x | as long as short |
| BloFin STX-USDT | +0.0094% | 8h | 0.3448 | +0.017% | $433K | $230K | 20x | as long as short |
| Hyperliquid STX | +0.0100% | 1h | 0.3458 | +0.319% | $1.5M | $879K | 5x | as long as short |
| Aster STXUSDT | +0.0100% | 8h | 0.3450 | +0.080% | $129K | $57K | 10x | as long as short |
| Binance STXUSDT | +0.0100% | 8h | 0.3452 | +0.118% | $8.2M | $19.1M | 75x | as long as short |
| Bybit STXUSDT | +0.0100% | 8h | 0.3450 | +0.084% | $9.0M | $7.0M | 75x | as long as short |
| OKX STX-USDT-SWAP | +0.0100% | 8h | 0.3451 | +0.104% | $2.4M | $6.3M | 20x | 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 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 | 0.3451 | +0.104% | $631K | $414K | 50x | as long as short |
| MEXC STX_USDT | +0.0100% | 8h | 0.3451 | +0.104% | $5.9M | $1.2M | 50x | as long as short |
| KuCoin STXUSDTMshort | +0.0100% | 8h | 0.3452 | +0.133% | $2.4M | $1.1M | 50x | |
| Bitget STXUSDT | +0.0100% | 8h | 0.3455 | +0.220% | $4.7M | $2.2M | 50x | as long as short |
| BingX STX-USDT | +0.0100% | 8h | 0.3453 | +0.162% | — | $13.5M | — | as long as short |
| ApeX Omni STXUSDT | +0.0100% | 1h | 0.3439 | −0.244% | $62K | $689K | 50x | as long as short |
| Extended STX-USD | +0.0104% | 1h | 0.3451 | +0.106% | $181K | $797K | 10x | as long as short |
| GMX STX/USD [WBTC.b-USDC] | L +0.0191% / S −0.0304% | 1h | 0.3452 | +0.136% | $5K | — | 100x | as long as short |
Gate STX_USDT
MEXC STX_USDT
Bitget STXUSDT
BingX STX-USDT
ApeX Omni STXUSDT
Extended STX-USD
GMX STX/USD [WBTC.b-USDC]