Funding you earn now, next payment 09:00 UTC+0.1151%/8h= +126.0% APRpaid last 24h +0.252%
Price spread now: Bitget against Kraken Futures−0.203%7-day average −0.156% · you buy dearer than you sell
Net, funding: paid 7d − costs−$131as in the Funding arb table
Net, price: spread back to 7d avg − costs−$116as in the Price arb table
costs, in and out, $10k−$1111.109% of the position
Funding, last 7 days−0.200%−$20 on $10k
+Price spread, last 4 days (all we have)−1.790%−$179 · spread now −0.203%, 7d avg −0.156%
=Funding pays, the price is against you. Bitget is 0.047% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.203% now, against its 7-day average of −0.156%). If the spread goes back, that is −$5 on $10k: about 3 hours of funding at the current rate (+$35 a day). Mind the row above: over the last 7 days funding on this pair cost −0.200%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.200% in total (about -10.4% 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_STXUSD | 0.3426 | −0.1051 | get 0.0131% / 1h | 33m 16s | $78K | $135K | 20x |
| Short | Bitget STXUSDT | 0.3419 | 0.0100 | get 0.0100% / 8h | 7h 33m | $4.7M | $2.2M | 50x |
Kraken Futures PF_STXUSD
Bitget STXUSDTFunding 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
- $241.67
- Price spread: −0.203% → −0.156%
- −$4.72
- Slippage, 4 orders
- −$88.94
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $126.01
- Costs to cover
- 1.109%
- Break-even
- 3.4 days
Slippage from Kraken Futures: live order book, 64 min ago; Bitget: live order book, 5 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, 64 min ago | 9.95 bp | 18.0 bp −$18 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 2.91 bp | 19.1 bp −$19 | 40.4 bp −$404 | 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_STXUSDlong | −0.1051% | 1h | 0.3426 | long leg | $78K | $135K | 20x | |
| Variational Omni STX | −0.0055% | 8h | 0.3430 | +0.131% | $769K | $246K | — | as long as short |
| gTrade (Gains Network) STX/USD | L −0.0002% / S +0.0003% | 1h | 0.3434 | +0.235% | — | — | 150x | as long as short |
| Injective STX/USDC PERP | +0.0033% | 1h | 0.3463 | +1.081% | $4K | $264K | 12x | as long as short |
| BloFin STX-USDT | +0.0091% | 8h | 0.3421 | −0.145% | $432K | $229K | 20x | as long as short |
| Hyperliquid STX | +0.0100% | 1h | 0.3424 | −0.066% | $1.5M | $887K | 5x | as long as short |
| Aster STXUSDT | +0.0100% | 8h | 0.3421 | −0.147% | $127K | $58K | 10x | as long as short |
| Binance STXUSDT | +0.0100% | 8h | 0.3421 | −0.147% | $8.2M | $19.3M | 75x | as long as short |
| Bybit STXUSDT | +0.0100% | 8h | 0.3415 | −0.320% | $8.9M | $7.2M | 75x | as long as short |
| OKX STX-USDT-SWAP | +0.0100% | 8h | 0.3420 | −0.174% | $2.4M | $6.3M | 20x | as long as short |
Variational Omni STX
gTrade (Gains Network) STX/USD
Injective STX/USDC PERP
BloFin STX-USDT
Hyperliquid STX
Aster STXUSDT
Binance STXUSDT
Bybit STXUSDT
OKX STX-USDT-SWAPShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate STX_USDT | +0.0100% | 8h | 0.3415 | −0.320% | $626K | $378K | 50x | as long as short |
| MEXC STX_USDT | +0.0100% | 8h | 0.3418 | −0.232% | $5.8M | $1.2M | 50x | as long as short |
| KuCoin STXUSDTM | +0.0100% | 8h | 0.3418 | −0.232% | $2.4M | $1.1M | 50x | as long as short |
| Bitget STXUSDTshort | +0.0100% | 8h | 0.3419 | −0.203% | $4.7M | $2.2M | 50x | |
| BingX STX-USDT | +0.0100% | 8h | 0.3418 | −0.232% | — | $15.7M | — | as long as short |
| ApeX Omni STXUSDT | +0.0100% | 1h | 0.3439 | +0.381% | $62K | $689K | 50x | as long as short |
| Extended STX-USD | +0.0104% | 1h | 0.3420 | −0.175% | $183K | $795K | 10x | as long as short |
| GMX STX/USD [WBTC.b-USDC] | L +0.0190% / S −0.0304% | 1h | 0.3422 | −0.125% | $5K | — | 100x | as long as short |
Gate STX_USDT
MEXC STX_USDT
KuCoin STXUSDTM
BingX STX-USDT
ApeX Omni STXUSDT
Extended STX-USD
GMX STX/USD [WBTC.b-USDC]