Funding you earn now, next payment 01:00 UTC+0.0383%/8h= +42.0% APRpaid last 24h +0.157%
Price spread now: Kraken Futures against Bybit−0.080%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.092%−$9 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Kraken Futures is 0.080% cheaper against Bybit than usual: you would sell low and buy high (spread −0.080% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$8 on $10k: about 17 hours of funding at the current rate (+$11 a day). Mind the row above: over the last 7 days funding on this pair cost −0.092%, 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 -0.092% in total (about -4.8% 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 | Bybit STGUSDT | 0.1227 | 0.1017 | pay 0.1017% / 8h | 7h 51m | $1.1M | $2.3M | 25x |
| Short | Kraken Futures PF_STGUSD | 0.1227 | 0.1400 | get 0.0175% / 1h | 51m 07s | $9K | $10K | 10x |
Bybit STGUSDT
Kraken Futures PF_STGUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Bybit. 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
- $80.47
- Price spread: −0.080% → 0.000%
- −$8
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $51.47
- Costs to cover
- 0.210%
- Break-even
- 2.5 days
Slippage unknown: Bybit: live order book, 1 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 Bybit live order book, 1 min ago | 5.71 bp | 74.0 bp −$74 | 392.8 bp −$3,928 | 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 | 0.1225 | −0.215% | $2.7M | $5.8M | 20x | as long as short |
| Gate STG_USDT | +0.0100% | 4h | 0.1223 | −0.367% | $105K | $172K | 25x | as long as short |
| KuCoin STGUSDTM | +0.0100% | 4h | 0.1225 | −0.204% | $765K | $162K | 30x | as long as short |
| Bitget STGUSDT | +0.0100% | 4h | 0.1226 | −0.122% | $453K | $1.4M | 50x | as long as short |
| Variational Omni STG | +0.0261% | 8h | 0.1225 | −0.170% | $27K | $90K | — | as long as short |
| Aster STGUSDT | +0.0437% | 4h | 0.1222 | −0.425% | $16K | $52K | 5x | as long as short |
| Bybit STGUSDTlong | +0.1017% | 8h | 0.1227 | long leg | $1.1M | $2.3M | 25x | |
| MEXC STG_USDT | +0.1055% | 8h | 0.1223 | −0.367% | $269K | $84K | 20x | as long as short |
| Kraken Futures PF_STGUSDshort | +0.1400% | 1h | 0.1227 | −0.080% | $9K | $10K | 10x | |
| BingX STG-USDT | +0.1496% | 4h | 0.1224 | −0.285% | — | $1.2M | — | as long as short |
Binance STGUSDT
Gate STG_USDT
KuCoin STGUSDTM
Bitget STGUSDT
Variational Omni STG
Aster STGUSDT
MEXC STG_USDT
BingX STG-USDT