Funding you earn now, next payment 11:00 UTC+0.0074%/8h= +8.1% APRpaid last 24h −0.285%
Price spread now: Kraken Futures against Binance+0.135%54s7-day average +0.106% · you sell dearer than you buy
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1001.003% of the position
Funding, last 7 days+0.272%+$27 on $10k
+Price spread, last 4 days (all we have)+0.485%+$49 · spread now +0.135%, 7d avg +0.106%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Kraken Futures is 0.029% dearer against Binance than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.106%. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance STXUSDT | 0.3423 | 0.0100 | pay 0.0100% / 8h | 5h 06m | $8.2M | $17.3M | 75x |
| Short | Kraken Futures PF_STXUSD | 0.3428 | 0.0174 | get 0.0022% / 1h | 6m 23s | $75K | $125K | 20x |
Binance STXUSDT
Kraken Futures PF_STXUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Binance. 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
- $15.49
- Price spread: +0.135% → +0.106%
- $2.86
- Slippage, 4 orders
- −$80.31
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$81.96
- Costs to cover
- 1.003%
- Break-even
- 44.0 days
Slippage from Binance: live order book, 12 min ago; Kraken Futures: live order book, 39 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 Binance live order book, 12 min ago | 1.45 bp | 14.4 bp −$14 | 55.4 bp −$554 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 39 min ago | 13.59 bp | 28.6 bp −$29 | doesn't fit | doesn't fit | doesn't fit |
STX on 18 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni STX | −0.0105% | 8h | 0.3422 | −0.039% | $766K | $214K | — | as long as short |
| gTrade (Gains Network) STX/USD | L −0.0002% / S +0.0003% | 1h | 0.3434 | +0.316% | — | — | 150x | as long as short |
| Injective STX/USDC PERP | +0.0033% | 1h | 0.3463 | +1.169% | $4K | $264K | 12x | as long as short |
| Aster STXUSDT | +0.0100% | 8h | 0.3422 | −0.031% | $128K | $51K | 10x | as long as short |
| Binance STXUSDTlong | +0.0100% | 8h | 0.3423 | long leg | $8.2M | $17.3M | 75x | |
| Bybit STXUSDT | +0.0100% | 8h | 0.3418 | −0.146% | $8.9M | $6.3M | 75x | as long as short |
| OKX STX-USDT-SWAP | +0.0100% | 8h | 0.3421 | −0.058% | $2.4M | $5.9M | 20x | as long as short |
| Gate STX_USDT | +0.0100% | 8h | 0.3422 | −0.029% | $627K | $365K | 50x | as long as short |
| MEXC STX_USDT | +0.0100% | 8h | 0.3423 | 0.000% | $6.2M | $1.1M | 50x | as long as short |
| KuCoin STXUSDTM | +0.0100% | 8h | 0.3425 | +0.058% | $2.4M | $1.1M | 50x | as long as short |
Variational Omni STX
gTrade (Gains Network) STX/USD
Injective STX/USDC PERP
Aster STXUSDT
Bybit STXUSDT
OKX STX-USDT-SWAP
Gate STX_USDT
MEXC STX_USDT
KuCoin STXUSDTMShow all 18 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget STXUSDT | +0.0100% | 8h | 0.3423 | 0.000% | $4.7M | $2.1M | 50x | as long as short |
| BingX STX-USDT | +0.0100% | 8h | 0.3424 | +0.029% | — | $15.8M | — | as long as short |
| ApeX Omni STXUSDT | +0.0100% | 1h | 0.3435 | +0.351% | $62K | $676K | 50x | as long as short |
| Extended STX-USD | +0.0104% | 1h | 0.3420 | −0.074% | $183K | $774K | 10x | as long as short |
| BloFin STX-USDT | +0.0113% | 8h | 0.3424 | +0.029% | $426K | $213K | 20x | as long as short |
| Kraken Futures PF_STXUSDshort | +0.0174% | 1h | 0.3428 | +0.135% | $75K | $125K | 20x | |
| GMX STX/USD [WBTC.b-USDC] | L +0.0191% / S −0.0318% | 1h | 0.3424 | +0.030% | $5K | — | 100x | as long as short |
| Hyperliquid STX | +0.0389% | 1h | 0.3431 | +0.242% | $1.5M | $865K | 5x | as long as short |
Bitget STXUSDT
BingX STX-USDT
ApeX Omni STXUSDT
Extended STX-USD
BloFin STX-USDT
GMX STX/USD [WBTC.b-USDC]
Hyperliquid STX