Funding you earn now, next payment 03:00 UTC−0.0868%/8h= −95.0% APRnext payment −$1.08 per $10,000 · paid last 24h −0.162%
Price spread now: Kraken Futures against Extended−0.015%7-day average +0.166% · you buy dearer than you sell
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$128as in the Price arb table
costs, in and out, $10k−$1101.100% of the position
Funding, last 7 days+0.348%+$35 on $10k
+Price spread, last 3 days (all we have)+0.487%+$49 · spread now −0.015%, 7d avg +0.166%
=Together, before fees+0.834%+ Points / potential airdropExtended: Active · farm board+$83 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$26 a day on $10k at the current rate, and Kraken Futures is 0.181% cheaper against Extended than usual: you would sell low and buy high (−$18 if the spread goes back to its 7-day average of +0.166%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.348%, 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 0.348% in total (about 18.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.08 per $10,000. 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 | Extended STX-USD | 0.3362 | 0.0104 | pay 0.0013% / 1h | 53m 03s | $177K | $620K | 10x |
| Short | Kraken Futures PF_STXUSD | 0.3361 | −0.0764 | pay 0.0095% / 1h | 53m 03s | $69K | $114K | 20x |
Extended STX-USD
Kraken Futures PF_STXUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Extended. 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
- −$182.2
- Price spread: −0.015% → +0.166%
- −$18.12
- Slippage, 4 orders
- −$95.03
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$310.34
- Costs to cover
- 1.100%
- Break-even
- never at this rate
Slippage from Extended: live order book, 10 min ago; Kraken Futures: live order book, 9 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 Extended live order book, 10 min ago | 4.01 bp | 20.1 bp −$20 | 134.3 bp −$1,343 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 9 min ago | 21.37 bp | 38.7 bp −$39 | doesn't fit | doesn't fit | doesn't fit |
STX on 17 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 | −0.0764% | 1h | 0.3361 | −0.015% | $69K | $114K | 20x | |
| Variational Omni STX | −0.0332% | 8h | 0.3362 | +0.025% | $768K | $255K | — | as long as short |
| gTrade (Gains Network) STX/USD | L −0.0002% / S +0.0003% | 1h | 0.3359 | −0.077% | — | — | 150x | as long as short |
| Injective STX/USDC PERP | +0.0033% | 1h | 0.3463 | +3.017% | $4K | $264K | 12x | as long as short |
| Gate STX_USDT | +0.0054% | 8h | 0.3353 | −0.256% | $594K | $342K | 50x | as long as short |
| Bitget STXUSDT | +0.0094% | 8h | 0.3361 | −0.018% | $4.6M | $2.0M | 50x | as long as short |
| Aster STXUSDT | +0.0100% | 8h | 0.3355 | −0.196% | $126K | $57K | 10x | as long as short |
| Binance STXUSDT | +0.0100% | 8h | 0.3363 | +0.042% | $7.7M | $18.2M | 75x | as long as short |
| Bybit STXUSDT | +0.0100% | 8h | 0.3357 | −0.137% | $8.5M | $6.6M | 75x | as long as short |
| OKX STX-USDT-SWAP | +0.0100% | 8h | 0.3362 | +0.012% | $2.3M | $5.4M | 20x | as long as short |
Variational Omni STX
gTrade (Gains Network) STX/USD
Injective STX/USDC PERP
Gate STX_USDT
Bitget STXUSDT
Aster STXUSDT
Binance STXUSDT
Bybit STXUSDT
OKX STX-USDT-SWAPShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC STX_USDT | +0.0100% | 8h | 0.3357 | −0.137% | $6.0M | $1.2M | 50x | as long as short |
| KuCoin STXUSDTM | +0.0100% | 8h | 0.3355 | −0.196% | $2.4M | $1.6M | 50x | as long as short |
| BingX STX-USDT | +0.0100% | 8h | 0.3362 | +0.012% | — | $13.6M | — | as long as short |
| ApeX Omni STXUSDT | +0.0100% | 1h | 0.3356 | −0.166% | $49K | $689K | 50x | as long as short |
| Extended STX-USDlong | +0.0104% | 1h | 0.3362 | long leg | $177K | $620K | 10x | |
| GMX STX/USD [WBTC.b-USDC] | L +0.0188% / S −0.0263% | 1h | 0.3359 | −0.073% | $4K | — | 100x | as long as short |
| Hyperliquid STX | +0.0319% | 1h | 0.3368 | +0.179% | $1.5M | $745K | 5x | as long as short |
MEXC STX_USDT
KuCoin STXUSDTM
BingX STX-USDT
ApeX Omni STXUSDT
GMX STX/USD [WBTC.b-USDC]
Hyperliquid STX