Funding you earn now, next payment 01:00 UTC+0.1291%/8h= +141.4% APRpaid last 24h +0.196%
Price spread now: Kraken Futures against Bitget+0.232%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.033%−$3 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$39 a day on $10k at the current rate, and Kraken Futures is 0.232% dearer against Bitget than usual: you sell high and buy low: +$23 more if the spread goes back to zero (this spread has no 7-day history yet).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.033% in total (about -1.7% 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 | Bitget STGUSDT | 0.1231 | 0.0100 | pay 0.0050% / 4h | 3h 30m | $457K | $1.4M | 50x |
| Short | Kraken Futures PF_STGUSD | 0.1234 | 0.1391 | get 0.0174% / 1h | 30m 55s | $9K | $10K | 10x |
Bitget STGUSDT
Kraken Futures PF_STGUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Bitget. 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
- $271.21
- Price spread: +0.232% → 0.000%
- $23.15
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $272.37
- Costs to cover
- 0.220%
- Break-even
- from the start
Slippage unknown: Bitget: live order book, 6 min ago; Kraken Futures: no order-book sample. Net counts fees only.
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 Bitget live order book, 6 min ago | 8.15 bp | 28.1 bp −$28 | 261.2 bp −$2,612 | doesn't fit | doesn't fit |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
STG on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance STGUSDT | +0.0100% | 4h | 0.1231 | 0.000% | $2.7M | $5.8M | 20x | as long as short |
| Gate STG_USDT | +0.0100% | 4h | 0.1232 | +0.081% | $107K | $173K | 25x | as long as short |
| KuCoin STGUSDTM | +0.0100% | 4h | 0.1231 | 0.000% | $772K | $164K | 30x | as long as short |
| Bitget STGUSDTlong | +0.0100% | 4h | 0.1231 | long leg | $457K | $1.4M | 50x | |
| Variational Omni STG | +0.0333% | 8h | 0.1233 | +0.179% | $27K | $90K | — | as long as short |
| Aster STGUSDT | +0.0525% | 4h | 0.1229 | −0.128% | $17K | $52K | 5x | as long as short |
| BingX STG-USDT | +0.0894% | 4h | 0.1232 | +0.081% | — | $1.2M | — | as long as short |
| MEXC STG_USDT | +0.0970% | 8h | 0.1230 | −0.081% | $271K | $86K | 20x | as long as short |
| Bybit STGUSDT | +0.1133% | 8h | 0.1233 | +0.162% | $1.1M | $2.3M | 25x | as long as short |
| Kraken Futures PF_STGUSDshort | +0.1391% | 1h | 0.1234 | +0.232% | $9K | $10K | 10x |
Binance STGUSDT
Gate STG_USDT
KuCoin STGUSDTM
Variational Omni STG
Aster STGUSDT
BingX STG-USDT
MEXC STG_USDT
Bybit STGUSDT