Funding you earn now, next payment 04:00 UTC−0.0956%/8h= −104.6% APRpaid last 24h −0.160%
Price spread now: Kraken Futures against Bitget+0.151%7-day average +0.164% · you sell dearer than you buy
Net, funding: paid 7d − costs−$83as in the Funding arb table
Net, price: spread back to 7d avg − costs−$109as in the Price arb table
costs, in and out, $10k−$1081.081% of the position
Funding, last 7 days+0.246%+$25 on $10k
+Price spread, last 4 days (all we have)+0.878%+$88 · spread now +0.151%, 7d avg +0.164%
=The price spread sits at its 7-day average of +0.164%, so right now this pair is about funding alone: −$29 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.246%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.246% in total (about 12.8% 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 | Bitget STXUSDT | 0.3382 | 0.0100 | pay 0.0100% / 8h | 4h 23m | $4.6M | $1.9M | 50x |
| Short | Kraken Futures PF_STXUSD | 0.3387 | −0.0856 | pay 0.0107% / 1h | 23m 23s | $70K | $115K | 20x |
Funding 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
- −$200.68
- Price spread: +0.151% → +0.164%
- −$1.22
- Slippage, 4 orders
- −$86.08
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$309.98
- Costs to cover
- 1.081%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 5 min ago; Kraken Futures: live order book, 34 min ago.
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, 5 min ago | 4.42 bp | 19.5 bp −$20 | 34.3 bp −$343 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 34 min ago | 19.75 bp | 33.9 bp −$34 | doesn't fit | doesn't fit | doesn't fit |
STX on 18 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_STXUSDshort | −0.0856% | 1h | 0.3387 | +0.151% | $70K | $115K | 20x | |
| Variational Omni STX | −0.0264% | 8h | 0.3376 | −0.166% | $776K | $235K | — | as long as short |
| gTrade (Gains Network) STX/USD | L −0.0002% / S +0.0003% | 1h | 0.3383 | +0.033% | — | — | 150x | as long as short |
| Injective STX/USDC PERP | +0.0033% | 1h | 0.3463 | +2.395% | $4K | $264K | 12x | as long as short |
| Gate STX_USDT | +0.0078% | 8h | 0.3380 | −0.059% | $608K | $351K | 50x | as long as short |
| Aster STXUSDT | +0.0100% | 8h | 0.3380 | −0.064% | $127K | $55K | 10x | as long as short |
| Binance STXUSDT | +0.0100% | 8h | 0.3384 | +0.051% | $7.7M | $17.7M | 75x | as long as short |
| Bybit STXUSDT | +0.0100% | 8h | 0.3381 | −0.044% | $8.6M | $6.4M | 75x | as long as short |
| OKX STX-USDT-SWAP | +0.0100% | 8h | 0.3383 | +0.030% | $2.3M | $5.3M | 20x | as long as short |
| MEXC STX_USDT | +0.0100% | 8h | 0.3383 | +0.030% | $6.0M | $1.2M | 50x | as long as short |
Show all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin STXUSDTM | +0.0100% | 8h | 0.3384 | +0.059% | $2.4M | $1.1M | 50x | as long as short |
| Bitget STXUSDTlong | +0.0100% | 8h | 0.3382 | long leg | $4.6M | $1.9M | 50x | |
| BingX STX-USDT | +0.0100% | 8h | 0.3383 | +0.030% | — | $13.5M | — | as long as short |
| ApeX Omni STXUSDT | +0.0100% | 1h | 0.3382 | 0.000% | $60K | $697K | 50x | as long as short |
| Extended STX-USD | +0.0104% | 1h | 0.3383 | +0.020% | $179K | $615K | 10x | as long as short |
| BloFin STX-USDT | +0.0130% | 8h | 0.3383 | +0.030% | $409K | $215K | 20x | as long as short |
| GMX STX/USD [WBTC.b-USDC] | L +0.0190% / S −0.0304% | 1h | 0.3384 | +0.045% | $5K | — | 100x | as long as short |
| Hyperliquid STX | +0.0218% | 1h | 0.3388 | +0.166% | $1.4M | $726K | 5x | as long as short |
Bitget STXUSDT
Kraken Futures PF_STXUSD
Variational Omni STX
gTrade (Gains Network) STX/USD
Injective STX/USDC PERP
Gate STX_USDT
Aster STXUSDT
Binance STXUSDT
Bybit STXUSDT
OKX STX-USDT-SWAP
MEXC STX_USDT
KuCoin STXUSDTM
BingX STX-USDT
ApeX Omni STXUSDT
Extended STX-USD
BloFin STX-USDT
GMX STX/USD [WBTC.b-USDC]
Hyperliquid STX