Funding you earn now, next payment 06:00 UTC+0.0831%/8h= +91.0% APRpaid last 24h +0.202%
Price spread now: OKX against Kraken Futures+0.032%7-day average −0.171% · you sell dearer than you buy
Net, funding: paid 7d − costs−$145as in the Funding arb table
Net, price: spread back to 7d avg − costs−$95as in the Price arb table
costs, in and out, $10k−$1161.157% of the position
Funding, last 7 days−0.297%−$30 on $10k
+Price spread, last 4 days (all we have)−0.583%−$58 · spread now +0.032%, 7d avg −0.171%
=Both sides work for this trade now. Funding pays +$25 a day on $10k at the current rate, and OKX is 0.202% dearer against Kraken Futures than usual: you sell high and buy low: +$20 more if the spread goes back to its 7-day average of −0.171%. Mind the row above: over the last 7 days funding on this pair cost −0.297%, 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 -0.297% in total (about -15.5% 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 | 0.3466 | −0.0731 | get 0.0091% / 1h | 46m 53s | $73K | $113K | 20x |
| Short | OKX STX-USDT-SWAP | 0.3467 | 0.0100 | get 0.0100% / 8h | 2h 46m | $2.4M | $5.6M | 20x |
Kraken Futures PF_STXUSD
OKX STX-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $174.56
- Price spread: +0.032% → −0.171%
- $20.24
- Slippage, 4 orders
- −$95.68
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $79.12
- Costs to cover
- 1.157%
- Break-even
- 3.8 days
Slippage from Kraken Futures: live order book, just now; OKX: live order book, 1 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, just now | 16.02 bp | 35.6 bp −$36 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 1 min ago | 2.89 bp | 19.0 bp −$19 | 92.7 bp −$927 | 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 | −0.0731% | 1h | 0.3466 | long leg | $73K | $113K | 20x | |
| Variational Omni STX | −0.0173% | 8h | 0.3465 | −0.029% | $795K | $235K | — | as long as short |
| gTrade (Gains Network) STX/USD | L −0.0002% / S +0.0003% | 1h | 0.3464 | −0.052% | — | — | 150x | as long as short |
| Injective STX/USDC PERP | +0.0033% | 1h | 0.3463 | −0.083% | $4K | $264K | 12x | as long as short |
| Hyperliquid STX | +0.0100% | 1h | 0.3471 | +0.139% | $1.5M | $725K | 5x | as long as short |
| Aster STXUSDT | +0.0100% | 8h | 0.3466 | +0.012% | $130K | $56K | 10x | as long as short |
| Binance STXUSDT | +0.0100% | 8h | 0.3469 | +0.082% | $8.1M | $18.1M | 75x | as long as short |
| Bybit STXUSDT | +0.0100% | 8h | 0.3463 | −0.083% | $8.9M | $6.5M | 75x | as long as short |
| OKX STX-USDT-SWAPshort | +0.0100% | 8h | 0.3467 | +0.032% | $2.4M | $5.6M | 20x | |
| Gate STX_USDT | +0.0100% | 8h | 0.3461 | −0.141% | $625K | $391K | 50x | as long as short |
Variational Omni STX
gTrade (Gains Network) STX/USD
Injective STX/USDC PERP
Hyperliquid STX
Aster STXUSDT
Binance STXUSDT
Bybit STXUSDT
Gate STX_USDTShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC STX_USDT | +0.0100% | 8h | 0.3466 | +0.003% | $6.1M | $1.1M | 50x | as long as short |
| KuCoin STXUSDTM | +0.0100% | 8h | 0.3467 | +0.032% | $2.4M | $1.1M | 50x | as long as short |
| Bitget STXUSDT | +0.0100% | 8h | 0.3466 | +0.003% | $4.8M | $2.0M | 50x | as long as short |
| BingX STX-USDT | +0.0100% | 8h | 0.3466 | +0.003% | — | $13.5M | — | as long as short |
| ApeX Omni STXUSDT | +0.0100% | 1h | 0.3468 | +0.061% | $61K | $690K | 50x | as long as short |
| Extended STX-USD | +0.0104% | 1h | 0.3465 | −0.023% | $185K | $1.1M | 10x | as long as short |
| BloFin STX-USDT | +0.0117% | 8h | 0.3468 | +0.061% | $421K | $222K | 20x | as long as short |
| GMX STX/USD [WBTC.b-USDC] | L +0.0191% / S −0.0304% | 1h | 0.3466 | +0.016% | $5K | — | 100x | as long as short |
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]