Funding you earn now, next payment 01:00 UTC+0.0821%/8h= +89.9% APRpaid last 24h +0.136%
Price spread now: MEXC against Kraken Futures−0.061%7-day average −0.131% · you buy dearer than you sell
Net, funding: paid 7d − costs−$128as in the Funding arb table
Net, price: spread back to 7d avg − costs−$87as in the Price arb table
costs, in and out, $10k−$940.935% of the position
Funding, last 7 days−0.347%−$35 on $10k
+Price spread, last 3 days (all we have)−0.355%−$36 · spread now −0.061%, 7d avg −0.131%
=Both sides work for this trade now. Funding pays +$25 a day on $10k at the current rate, and MEXC is 0.069% 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 −0.131%. Mind the row above: over the last 7 days funding on this pair cost −0.347%, 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 -0.347% in total (about -18.1% 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 | 0.3406 | −0.0721 | get 0.0090% / 1h | 37m 52s | $71K | $124K | 20x |
| Short | MEXC STX_USDT | 0.3404 | 0.0100 | get 0.0100% / 8h | 7h 37m | $6.2M | $1.3M | 50x |
Kraken Futures PF_STXUSD
MEXC STX_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $172.48
- Price spread: −0.061% → −0.131%
- $6.93
- Slippage, 4 orders
- −$79.51
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- $85.9
- Costs to cover
- 0.935%
- Break-even
- 3.5 days
Slippage from Kraken Futures: live order book, 34 min ago; MEXC: 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, 34 min ago | 12.20 bp | 31.9 bp −$32 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 5 min ago | 2.93 bp | 9.7 bp −$10 | 33.5 bp −$335 | 132.1 bp −$13.2K | 167.2 bp −$83.6K |
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 | −0.0721% | 1h | 0.3406 | long leg | $71K | $124K | 20x | |
| Variational Omni STX | −0.0416% | 8h | 0.3404 | −0.062% | $787K | $301K | — | as long as short |
| Bitget STXUSDT | −0.0024% | 8h | 0.3403 | −0.091% | $4.7M | $1.9M | 50x | as long as short |
| Gate STX_USDT | −0.0011% | 8h | 0.3401 | −0.149% | $595K | $358K | 50x | as long as short |
| gTrade (Gains Network) STX/USD | L −0.0002% / S +0.0003% | 1h | 0.3406 | −0.002% | — | — | 150x | as long as short |
| Injective STX/USDC PERP | +0.0033% | 1h | 0.3463 | +1.671% | $4K | $264K | 12x | as long as short |
| BloFin STX-USDT | +0.0098% | 8h | 0.3394 | −0.355% | $420K | $226K | 20x | as long as short |
| Aster STXUSDT | +0.0100% | 8h | 0.3399 | −0.198% | $127K | $64K | 10x | as long as short |
| Binance STXUSDT | +0.0100% | 8h | 0.3406 | −0.002% | $7.9M | $18.9M | 75x | as long as short |
| Bybit STXUSDT | +0.0100% | 8h | 0.3401 | −0.149% | $8.7M | $7.0M | 75x | as long as short |
Variational Omni STX
Bitget STXUSDT
Gate STX_USDT
gTrade (Gains Network) STX/USD
Injective STX/USDC PERP
BloFin STX-USDT
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 | 0.3404 | −0.061% | $2.3M | $5.8M | 20x | as long as short |
| MEXC STX_USDTshort | +0.0100% | 8h | 0.3404 | −0.061% | $6.2M | $1.3M | 50x | |
| KuCoin STXUSDTM | +0.0100% | 8h | 0.3402 | −0.120% | $2.4M | $1.7M | 50x | as long as short |
| BingX STX-USDT | +0.0100% | 8h | 0.3402 | −0.120% | — | $16.1M | — | as long as short |
| ApeX Omni STXUSDT | +0.0100% | 1h | 0.3409 | +0.086% | $50K | $684K | 50x | as long as short |
| Extended STX-USD | +0.0104% | 1h | 0.3405 | −0.029% | $180K | $813K | 10x | as long as short |
| Hyperliquid STX | +0.0187% | 1h | 0.3413 | +0.203% | $1.5M | $779K | 5x | as long as short |
| GMX STX/USD [WBTC.b-USDC] | L +0.0194% / S −0.0366% | 1h | 0.3407 | +0.019% | $5K | — | 100x | as long as short |
OKX STX-USDT-SWAP
KuCoin STXUSDTM
BingX STX-USDT
ApeX Omni STXUSDT
Extended STX-USD
Hyperliquid STX
GMX STX/USD [WBTC.b-USDC]