Funding you earn now, next payment 04:00 UTC+0.4603%/8h= +504.1% APRpaid last 24h +0.326%
Price spread now: Kraken Futures against Gate+0.335%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+0.144%+$14 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 +$138 a day on $10k at the current rate, and Kraken Futures is 0.335% dearer against Gate than usual: you sell high and buy low: +$33 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 0.144% in total (about 7.5% 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 | Gate STG_USDT | 0.1201 | 0.0100 | pay 0.0050% / 4h | 16m 50s | $106K | $153K | 25x |
| Short | Kraken Futures PF_STGUSD | 0.1205 | 0.4703 | get 0.0588% / 1h | 16m 50s | $9K | $10K | 10x |
Gate STG_USDT
Kraken Futures PF_STGUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Gate. 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
- $966.71
- Price spread: +0.335% → 0.000%
- $33.47
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $975.19
- Costs to cover
- 0.250%
- Break-even
- from the start
Slippage unknown: Gate: live order book, 34 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 Gate live order book, 34 min ago | 12.52 bp | 194.1 bp −$194 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate STG_USDTlong | +0.0100% | 4h | 0.1201 | long leg | $106K | $153K | 25x | |
| KuCoin STGUSDTM | +0.0100% | 4h | 0.1200 | −0.083% | $744K | $201K | 30x | as long as short |
| Binance STGUSDT | +0.0164% | 4h | 0.1204 | +0.250% | $2.6M | $5.5M | 20x | as long as short |
| Bitget STGUSDT | +0.0208% | 4h | 0.1204 | +0.250% | $427K | $1.6M | 50x | as long as short |
| Aster STGUSDT | +0.0805% | 4h | 0.1200 | −0.083% | $14K | $46K | 5x | as long as short |
| Variational Omni STG | +0.1013% | 8h | 0.1201 | −0.031% | $32K | $88K | — | as long as short |
| BingX STG-USDT | +0.1344% | 4h | 0.1205 | +0.333% | — | $1.2M | — | as long as short |
| MEXC STG_USDT | +0.1494% | 8h | 0.1205 | +0.333% | $265K | $86K | 20x | as long as short |
| Bybit STGUSDT | +0.1498% | 8h | 0.1205 | +0.325% | $1.1M | $2.4M | 25x | as long as short |
| Kraken Futures PF_STGUSDshort | +0.4703% | 1h | 0.1205 | +0.335% | $9K | $10K | 10x |
KuCoin STGUSDTM
Binance STGUSDT
Bitget STGUSDT
Aster STGUSDT
Variational Omni STG
BingX STG-USDT
MEXC STG_USDT
Bybit STGUSDT