Funding you earn now, next payment 06:00 UTC+0.0809%/8h= +88.6% APRpaid last 24h +0.200%
Price spread now: BloFin against Kraken Futures−0.096%7-day average −0.125% · you buy dearer than you sell
Net, funding: paid 7d − costs−$133as in the Funding arb table
Net, price: spread back to 7d avg − costs−$98as in the Price arb table
costs, in and out, $10k−$1001.004% of the position
Funding, last 7 days−0.327%−$33 on $10k
+Price spread, last 4 days (all we have)+0.135%+$14 · spread now −0.096%, 7d avg −0.125%
=Both sides work for this trade now. Funding pays +$24 a day on $10k at the current rate, and BloFin is 0.029% dearer against Kraken Futures than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.125%. Mind the row above: over the last 7 days funding on this pair cost −0.327%, 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 -0.327% in total (about -17.1% 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 | 0.3490 | −0.0726 | get 0.0091% / 1h | 4m 55s | $81K | $127K | 20x |
| Short | BloFin STX-USDT | 0.3487 | 0.0083 | get 0.0083% / 8h | 2h 04m | $424K | $228K | 20x |
Kraken Futures PF_STXUSD
BloFin STX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $169.89
- Price spread: −0.096% → −0.125%
- $2.92
- Slippage, 4 orders
- −$78.45
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $72.37
- Costs to cover
- 1.004%
- Break-even
- 4.0 days
Slippage from Kraken Futures: live order book, 42 min ago; BloFin: live order book, 12 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, 42 min ago | 16.02 bp | 35.6 bp −$36 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 12 min ago | 1.44 bp | 13.6 bp −$14 | 37.4 bp −$374 | 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 | −0.0726% | 1h | 0.3490 | long leg | $81K | $127K | 20x | |
| Variational Omni STX | −0.0139% | 8h | 0.3482 | −0.228% | $799K | $237K | — | as long as short |
| gTrade (Gains Network) STX/USD | L −0.0002% / S +0.0003% | 1h | 0.3489 | −0.036% | — | — | 150x | as long as short |
| Injective STX/USDC PERP | +0.0033% | 1h | 0.3463 | −0.783% | $4K | $264K | 12x | as long as short |
| BloFin STX-USDTshort | +0.0083% | 8h | 0.3487 | −0.096% | $424K | $228K | 20x | |
| Hyperliquid STX | +0.0100% | 1h | 0.3493 | +0.088% | $1.5M | $810K | 5x | as long as short |
| Aster STXUSDT | +0.0100% | 8h | 0.3489 | −0.040% | $130K | $67K | 10x | as long as short |
| Binance STXUSDT | +0.0100% | 8h | 0.3487 | −0.084% | $8.2M | $18.6M | 75x | as long as short |
| Bybit STXUSDT | +0.0100% | 8h | 0.3484 | −0.187% | $9.0M | $6.7M | 75x | as long as short |
| OKX STX-USDT-SWAP | +0.0100% | 8h | 0.3488 | −0.067% | $2.4M | $6.0M | 20x | as long as short |
Variational Omni STX
gTrade (Gains Network) STX/USD
Injective STX/USDC PERP
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 | 0.3485 | −0.153% | $637K | $408K | 50x | as long as short |
| MEXC STX_USDT | +0.0100% | 8h | 0.3488 | −0.067% | $6.0M | $1.2M | 50x | as long as short |
| KuCoin STXUSDTM | +0.0100% | 8h | 0.3490 | −0.010% | $2.4M | $1.1M | 50x | as long as short |
| Bitget STXUSDT | +0.0100% | 8h | 0.3488 | −0.067% | $4.8M | $2.2M | 50x | as long as short |
| BingX STX-USDT | +0.0100% | 8h | 0.3489 | −0.038% | — | $13.7M | — | as long as short |
| ApeX Omni STXUSDT | +0.0100% | 1h | 0.3495 | +0.134% | $63K | $688K | 50x | as long as short |
| Extended STX-USD | +0.0104% | 1h | 0.3487 | −0.093% | $186K | $1.1M | 10x | as long as short |
| GMX STX/USD [WBTC.b-USDC] | L +0.0191% / S −0.0304% | 1h | 0.3491 | +0.009% | $5K | — | 100x | as long as short |
Gate STX_USDT
MEXC STX_USDT
KuCoin STXUSDTM
Bitget STXUSDT
BingX STX-USDT
ApeX Omni STXUSDT
Extended STX-USD
GMX STX/USD [WBTC.b-USDC]