Funding you earn now, next payment 07:00 UTC+0.6152%/8h= +673.6% APRpaid last 24h +0.571%
Price spread now: Kraken Futures against KuCoin+0.575%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+0.403%+$40 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 +$185 a day on $10k at the current rate, and Kraken Futures is 0.575% dearer against KuCoin than usual: you sell high and buy low: +$57 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 0.403% in total (about 21.0% 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 | KuCoin STGUSDTM | 0.1196 | 0.0100 | pay 0.0050% / 4h | 1h 40m | $749K | $214K | 30x |
| Short | Kraken Futures PF_STGUSD | 0.1203 | 0.6252 | get 0.0781% / 1h | 40m 08s | $9K | $8K | 10x |
KuCoin STGUSDTM
Kraken Futures PF_STGUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against KuCoin. 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
- $1,291.87
- Price spread: +0.575% → 0.000%
- $57.46
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $1,327.33
- Costs to cover
- 0.220%
- Break-even
- from the start
Slippage unknown: KuCoin: 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 KuCoin live order book, 34 min ago | 20.74 bp | 84.7 bp −$85 | 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin STGUSDTMlong | +0.0100% | 4h | 0.1196 | long leg | $749K | $214K | 30x | |
| Gate STG_USDT | +0.0376% | 4h | 0.1197 | +0.084% | $112K | $148K | 25x | as long as short |
| Binance STGUSDT | +0.0993% | 4h | 0.1197 | +0.066% | $2.6M | $5.2M | 20x | as long as short |
| Bitget STGUSDT | +0.1216% | 4h | 0.1197 | +0.084% | $432K | $1.7M | 50x | as long as short |
| Variational Omni STG | +0.1234% | 8h | 0.1198 | +0.141% | $33K | $64K | — | as long as short |
| BingX STG-USDT | +0.1288% | 4h | 0.1196 | 0.000% | — | $1.2M | — | as long as short |
| MEXC STG_USDT | +0.1387% | 8h | 0.1196 | 0.000% | $263K | $85K | 20x | as long as short |
| Bybit STGUSDT | +0.1391% | 8h | 0.1196 | 0.000% | $1.1M | $2.4M | 25x | as long as short |
| Aster STGUSDT | +0.1613% | 4h | 0.1196 | 0.000% | $14K | $43K | 5x | as long as short |
| Kraken Futures PF_STGUSDshort | +0.6252% | 1h | 0.1203 | +0.575% | $9K | $8K | 10x |
Gate STG_USDT
Binance STGUSDT
Bitget STGUSDT
Variational Omni STG
BingX STG-USDT
MEXC STG_USDT
Bybit STGUSDT
Aster STGUSDT