Funding you earn now, next payment 02:00 UTC−0.2457%/8h= −269.1% APRpaid last 24h −0.219%
Price spread now: Gate against Kraken Futures−0.871%51s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.020%−$2 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$74 a day on $10k at the current rate, and Gate is 0.871% cheaper against Kraken Futures than usual: you would sell low and buy high (−$87 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.020% in total (about -1.0% 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_STGUSD | 0.1238 | 0.2557 | pay 0.0320% / 1h | 40m 29s | $9K | $10K | 10x |
| Short | Gate STG_USDT | 0.1227 | 0.0100 | get 0.0050% / 4h | 2h 40m | $107K | $174K | 25x |
Kraken Futures PF_STGUSD
Gate STG_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$516.07
- Price spread: −0.871% → 0.000%
- −$87.09
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$628.16
- Costs to cover
- 0.250%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Gate: live order book, 21 min ago. 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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell Gate live order book, 21 min ago | 12.22 bp | 133.9 bp −$134 | doesn't fit | doesn't fit | doesn't fit |
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 | 0.1227 | −0.895% | $2.7M | $6.0M | 20x | as long as short |
| Gate STG_USDTshort | +0.0100% | 4h | 0.1227 | −0.871% | $107K | $174K | 25x | |
| KuCoin STGUSDTM | +0.0100% | 4h | 0.1227 | −0.871% | $768K | $190K | 30x | as long as short |
| Bitget STGUSDT | +0.0100% | 4h | 0.1226 | −0.952% | $447K | $1.5M | 50x | as long as short |
| Variational Omni STG | +0.0416% | 8h | 0.1239 | +0.099% | $28K | $90K | — | as long as short |
| Aster STGUSDT | +0.0505% | 4h | 0.1232 | −0.484% | $15K | $54K | 5x | as long as short |
| BingX STG-USDT | +0.0644% | 4h | 0.1228 | −0.790% | — | $1.2M | — | as long as short |
| Bybit STGUSDT | +0.0706% | 8h | 0.1230 | −0.637% | $1.1M | $2.4M | 25x | as long as short |
| MEXC STG_USDT | +0.0737% | 8h | 0.1232 | −0.467% | $271K | $85K | 20x | as long as short |
| Kraken Futures PF_STGUSDlong | +0.2557% | 1h | 0.1238 | long leg | $9K | $10K | 10x |
Binance STGUSDT
KuCoin STGUSDTM
Bitget STGUSDT
Variational Omni STG
Aster STGUSDT
BingX STG-USDT
Bybit STGUSDT
MEXC STG_USDT