Funding you earn now, next payment 09:00 UTC−0.1133%/8h= −124.1% APRpaid last 24h −0.243%
Price spread now: Kraken Futures against OKX+0.199%7-day average +0.168% · you sell dearer than you buy
Net, funding: paid 7d − costs−$82as in the Funding arb table
Net, price: spread back to 7d avg − costs−$107as in the Price arb table
costs, in and out, $10k−$1101.105% of the position
Funding, last 7 days+0.282%+$28 on $10k
+Price spread, last 4 days (all we have)+0.204%+$20 · spread now +0.199%, 7d avg +0.168%
=The price spread pays, funding is against you. Kraken Futures is 0.031% dearer against OKX than usual: you sell high and buy low (spread +0.199% now, against its 7-day average of +0.168%): +$3 on $10k if it goes back. Holding the pair costs −$34 a day in funding at the current rate, which eats that in about 2 hours. Mind the row above: over the last 7 days funding on this pair paid +0.282%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.282% in total (about 14.7% 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 | OKX STX-USDT-SWAP | 0.3478 | 0.0100 | pay 0.0100% / 8h | 7h 54m | $2.5M | $6.4M | 20x |
| Short | Kraken Futures PF_STXUSD | 0.3485 | −0.1033 | pay 0.0129% / 1h | 54m 13s | $80K | $134K | 20x |
OKX STX-USDT-SWAP
Kraken Futures PF_STXUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against OKX. 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
- −$237.94
- Price spread: +0.199% → +0.168%
- $3.08
- Slippage, 4 orders
- −$90.48
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$345.34
- Costs to cover
- 1.105%
- Break-even
- never at this rate
Slippage from OKX: live order book, 4 min ago; Kraken Futures: live order book, 43 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 OKX live order book, 4 min ago | 2.87 bp | 20.1 bp −$20 | 143.4 bp −$1,434 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 43 min ago | 9.95 bp | 51.9 bp −$52 | doesn't fit | 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_STXUSDshort | −0.1033% | 1h | 0.3485 | +0.199% | $80K | $134K | 20x | |
| Variational Omni STX | −0.0050% | 8h | 0.3482 | +0.113% | $783K | $244K | — | as long as short |
| gTrade (Gains Network) STX/USD | L −0.0002% / S +0.0003% | 1h | 0.3479 | +0.029% | — | — | 150x | as long as short |
| Injective STX/USDC PERP | +0.0033% | 1h | 0.3463 | −0.431% | $4K | $264K | 12x | as long as short |
| BloFin STX-USDT | +0.0084% | 8h | 0.3480 | +0.058% | $437K | $233K | 20x | as long as short |
| Hyperliquid STX | +0.0100% | 1h | 0.3484 | +0.178% | $1.5M | $875K | 5x | as long as short |
| Aster STXUSDT | +0.0100% | 8h | 0.3480 | +0.062% | $130K | $58K | 10x | as long as short |
| Binance STXUSDT | +0.0100% | 8h | 0.3481 | +0.092% | $8.3M | $19.3M | 75x | as long as short |
| Bybit STXUSDT | +0.0100% | 8h | 0.3475 | −0.086% | $9.1M | $7.1M | 75x | as long as short |
| OKX STX-USDT-SWAPlong | +0.0100% | 8h | 0.3478 | long leg | $2.5M | $6.4M | 20x |
Variational Omni STX
gTrade (Gains Network) STX/USD
Injective STX/USDC PERP
BloFin STX-USDT
Hyperliquid STX
Aster STXUSDT
Binance STXUSDT
Bybit STXUSDTShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate STX_USDT | +0.0100% | 8h | 0.3475 | −0.086% | $637K | $376K | 50x | as long as short |
| MEXC STX_USDT | +0.0100% | 8h | 0.3479 | +0.029% | $5.9M | $1.1M | 50x | as long as short |
| KuCoin STXUSDTM | +0.0100% | 8h | 0.3481 | +0.086% | $2.4M | $1.1M | 50x | as long as short |
| Bitget STXUSDT | +0.0100% | 8h | 0.3478 | 0.000% | $4.7M | $2.2M | 50x | as long as short |
| BingX STX-USDT | +0.0100% | 8h | 0.3478 | 0.000% | — | $13.5M | — | as long as short |
| ApeX Omni STXUSDT | +0.0100% | 1h | 0.3476 | −0.058% | $63K | $689K | 50x | as long as short |
| Extended STX-USD | +0.0104% | 1h | 0.3480 | +0.057% | $183K | $797K | 10x | as long as short |
| GMX STX/USD [WBTC.b-USDC] | L +0.0191% / S −0.0304% | 1h | 0.3480 | +0.052% | $5K | — | 100x | as long as short |
Gate STX_USDT
MEXC STX_USDT
KuCoin STXUSDTM
Bitget STXUSDT
BingX STX-USDT
ApeX Omni STXUSDT
Extended STX-USD
GMX STX/USD [WBTC.b-USDC]