Funding you earn now, next payment 11:00 UTC−0.0074%/8h= −8.1% APRpaid last 24h +0.285%
Price spread now: Binance against Kraken Futures+0.145%7-day average −0.106% · you sell dearer than you buy
Net, funding: paid 7d − costs−$130as in the Funding arb table
Net, price: spread back to 7d avg − costs−$78as in the Price arb table
costs, in and out, $10k−$1031.027% of the position
Funding, last 7 days−0.272%−$27 on $10k
+Price spread, last 4 days (all we have)−0.765%−$76 · spread now +0.145%, 7d avg −0.106%
=The price spread pays, funding is against you. Binance is 0.251% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.145% now, against its 7-day average of −0.106%): +$25 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 11 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_STXUSD | 0.3419 | 0.0174 | pay 0.0022% / 1h | 50m 23s | $75K | $126K | 20x |
| Short | Binance STXUSDT | 0.3424 | 0.0100 | get 0.0100% / 8h | 5h 50m | $8.1M | $17.3M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- −$15.58
- Price spread: +0.145% → −0.106%
- $25.08
- Slippage, 4 orders
- −$82.66
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$93.16
- Costs to cover
- 1.027%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 59 min ago; Binance: live order book, 13 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, 59 min ago | 21.84 bp | 35.8 bp −$36 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 13 min ago | 1.46 bp | 15.7 bp −$16 | 47.4 bp −$474 | 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 | −0.0089% | 8h | 0.3421 | +0.053% | $767K | $230K | — | as long as short |
| gTrade (Gains Network) STX/USD | L −0.0002% / S +0.0003% | 1h | 0.3424 | +0.147% | — | — | 150x | as long as short |
| Injective STX/USDC PERP | +0.0033% | 1h | 0.3463 | +1.293% | $4K | $264K | 12x | as long as short |
| Aster STXUSDT | +0.0100% | 8h | 0.3425 | +0.171% | $128K | $53K | 10x | as long as short |
| Binance STXUSDTshort | +0.0100% | 8h | 0.3424 | +0.145% | $8.1M | $17.3M | 75x | |
| Bybit STXUSDT | +0.0100% | 8h | 0.3416 | −0.079% | $8.8M | $6.3M | 75x | as long as short |
| OKX STX-USDT-SWAP | +0.0100% | 8h | 0.3418 | −0.023% | $2.4M | $5.9M | 20x | as long as short |
| Gate STX_USDT | +0.0100% | 8h | 0.3427 | +0.240% | $628K | $362K | 50x | as long as short |
| MEXC STX_USDT | +0.0100% | 8h | 0.3427 | +0.240% | $6.2M | $1.1M | 50x | as long as short |
| KuCoin STXUSDTM | +0.0100% | 8h | 0.3429 | +0.298% | $2.4M | $1.1M | 50x | as long as short |
Show all 18 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget STXUSDT | +0.0100% | 8h | 0.3419 | +0.006% | $4.7M | $2.1M | 50x | as long as short |
| BingX STX-USDT | +0.0100% | 8h | 0.3428 | +0.269% | — | $15.8M | — | as long as short |
| ApeX Omni STXUSDT | +0.0100% | 1h | 0.3421 | +0.064% | $62K | $682K | 50x | as long as short |
| Extended STX-USD | +0.0104% | 1h | 0.3420 | +0.034% | $180K | $778K | 10x | as long as short |
| BloFin STX-USDT | +0.0115% | 8h | 0.3430 | +0.328% | $425K | $213K | 20x | as long as short |
| Kraken Futures PF_STXUSDlong | +0.0174% | 1h | 0.3419 | long leg | $75K | $126K | 20x | |
| GMX STX/USD [WBTC.b-USDC] | L +0.0191% / S −0.0318% | 1h | 0.3430 | +0.335% | $5K | — | 100x | as long as short |
| Hyperliquid STX | +0.0354% | 1h | 0.3431 | +0.342% | $1.4M | $846K | 5x | as long as short |
Kraken Futures PF_STXUSD
Binance STXUSDT
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 STXUSDTM
Bitget STXUSDT
BingX STX-USDT
ApeX Omni STXUSDT
Extended STX-USD
BloFin STX-USDT
GMX STX/USD [WBTC.b-USDC]
Hyperliquid STX