Funding you earn now, next payment 01:00 UTC−0.0344%/8h= −37.7% APRpaid last 24h −0.177%
Price spread now: BingX against Kraken Futures+0.163%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.105%+$11 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. BingX is 0.163% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.163% now, against zero (this spread has no 7-day history yet)): +$16 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 38 hours. Mind the row above: over the last 7 days funding on this pair paid +0.105%, 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 0.105% in total (about 5.5% 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_STGUSD | 0.1226 | 0.1400 | pay 0.0175% / 1h | 48m 22s | $9K | $10K | 10x |
| Short | BingX STG-USDT | 0.1228 | 0.1056 | get 0.0528% / 4h | 3h 48m | — | $1.2M | — |
Kraken Futures PF_STGUSD
BingX STG-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- −$72.33
- Price spread: +0.163% → 0.000%
- $16.33
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$76
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; BingX: live order book, 2 min ago. Net counts fees only.
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 no order-book sample | — | — | — | — | — |
| Sell BingX live order book, 2 min ago | 12.23 bp | 21.5 bp −$21 | 61.3 bp −$613 | 427.7 bp −$42.8K | 484.2 bp −$242.1K |
Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
STG on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance STGUSDT | +0.0100% | 4h | 0.1227 | +0.082% | $2.7M | $5.8M | 20x | as long as short |
| Gate STG_USDT | +0.0100% | 4h | 0.1225 | −0.081% | $106K | $172K | 25x | as long as short |
| KuCoin STGUSDTM | +0.0100% | 4h | 0.1223 | −0.245% | $764K | $162K | 30x | as long as short |
| Bitget STGUSDT | +0.0100% | 4h | 0.1226 | 0.000% | $452K | $1.4M | 50x | as long as short |
| Variational Omni STG | +0.0261% | 8h | 0.1225 | −0.048% | $27K | $90K | — | as long as short |
| Aster STGUSDT | +0.0460% | 4h | 0.1223 | −0.266% | $16K | $52K | 5x | as long as short |
| BingX STG-USDTshort | +0.1056% | 4h | 0.1228 | +0.163% | — | $1.2M | — | |
| MEXC STG_USDT | +0.1134% | 8h | 0.1226 | 0.000% | $270K | $85K | 20x | as long as short |
| Bybit STGUSDT | +0.1308% | 8h | 0.1228 | +0.188% | $1.1M | $2.3M | 25x | as long as short |
| Kraken Futures PF_STGUSDlong | +0.1400% | 1h | 0.1226 | long leg | $9K | $10K | 10x |
Binance STGUSDT
Gate STG_USDT
KuCoin STGUSDTM
Bitget STGUSDT
Variational Omni STG
Aster STGUSDT
MEXC STG_USDT
Bybit STGUSDT