Funding you earn now, next payment 04:00 UTC−0.4487%/8h= −491.4% APRpaid last 24h −0.329%
Price spread now: Bitget against Kraken Futures−0.002%48s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.132%−$13 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$135 a day on $10k at the current rate. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.132% in total (about -6.9% 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 | 0.1205 | 0.4703 | pay 0.0588% / 1h | 16m 28s | $9K | $10K | 10x |
| Short | Bitget STGUSDT | 0.1205 | 0.0216 | get 0.0108% / 4h | 16m 28s | $427K | $1.6M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$942.35
- Price spread: −0.002% → 0.000%
- −$0.17
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$964.52
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Bitget: live order book, just now. 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 Bitget live order book, just now | 8.30 bp | 31.7 bp −$32 | 217.1 bp −$2,171 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Gate STG_USDT | +0.0100% | 4h | 0.1205 | −0.002% | $106K | $153K | 25x | as long as short |
| KuCoin STGUSDTM | +0.0100% | 4h | 0.1200 | −0.417% | $744K | $201K | 30x | as long as short |
| Binance STGUSDT | +0.0164% | 4h | 0.1205 | −0.031% | $2.6M | $5.5M | 20x | as long as short |
| Bitget STGUSDTshort | +0.0216% | 4h | 0.1205 | −0.002% | $427K | $1.6M | 50x | |
| Aster STGUSDT | +0.0821% | 4h | 0.1201 | −0.361% | $14K | $46K | 5x | as long as short |
| Variational Omni STG | +0.1013% | 8h | 0.1201 | −0.365% | $32K | $88K | — | as long as short |
| BingX STG-USDT | +0.1344% | 4h | 0.1203 | −0.168% | — | $1.2M | — | as long as short |
| MEXC STG_USDT | +0.1497% | 8h | 0.1204 | −0.085% | $265K | $86K | 20x | as long as short |
| Bybit STGUSDT | +0.1499% | 8h | 0.1206 | +0.048% | $1.1M | $2.4M | 25x | as long as short |
| Kraken Futures PF_STGUSDlong | +0.4703% | 1h | 0.1205 | long leg | $9K | $10K | 10x |
Kraken Futures PF_STGUSD
Bitget STGUSDT
Gate STG_USDT
KuCoin STGUSDTM
Binance STGUSDT
Aster STGUSDT
Variational Omni STG
BingX STG-USDT
MEXC STG_USDT
Bybit STGUSDT