Funding you earn now, next payment 01:00 UTC+0.0824%/8h= +90.3% APRnext payment +$1.03 per $10,000 · paid last 24h +0.136%
Price spread now: ApeX Omni against Kraken Futures+0.133%7-day average −0.097% · you sell dearer than you buy
Net, funding: paid 7d − costs−$134as in the Funding arb table
Net, price: spread back to 7d avg − costs−$87as in the Price arb table
costs, in and out, $10k−$1101.097% of the position
Funding, last 7 days−0.243%−$24 on $10k
+Price spread, last 3 days (all we have)−0.475%−$48 · spread now +0.133%, 7d avg −0.097%
=Both sides work for this trade now. Funding pays +$25 a day on $10k at the current rate, and ApeX Omni is 0.230% dearer against Kraken Futures than usual: you sell high and buy low: +$23 more if the spread goes back to its 7-day average of −0.097%. Mind the row above: over the last 7 days funding on this pair cost −0.243%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.243% in total (about -12.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.03 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 | Kraken Futures PF_STXUSD | 0.3392 | −0.0724 | get 0.0091% / 1h | 50m 31s | $74K | $116K | 20x |
| Short | ApeX Omni STXUSDT | 0.3397 | 0.0100 | get 0.0013% / 1h | 50m 31s | $50K | $685K | 50x |
Kraken Futures PF_STXUSD
ApeX Omni STXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni 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
- $173.09
- Price spread: +0.133% → −0.097%
- $22.99
- Slippage, 4 orders
- −$89.7
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- $86.38
- Costs to cover
- 1.097%
- Break-even
- 3.5 days
Slippage from Kraken Futures: live order book, 22 min ago; ApeX Omni: live order book, 23 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 Kraken Futures live order book, 22 min ago | 12.20 bp | 31.9 bp −$32 | doesn't fit | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 23 min ago | 8.84 bp | 17.3 bp −$17 | 104.4 bp −$1,044 | 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_STXUSDlong | −0.0724% | 1h | 0.3392 | long leg | $74K | $116K | 20x | |
| Variational Omni STX | −0.0428% | 8h | 0.3389 | −0.104% | $784K | $302K | — | as long as short |
| Gate STX_USDT | −0.0040% | 8h | 0.3388 | −0.132% | $595K | $353K | 50x | as long as short |
| Bitget STXUSDT | −0.0034% | 8h | 0.3385 | −0.221% | $4.9M | $1.8M | 50x | as long as short |
| gTrade (Gains Network) STX/USD | L −0.0002% / S +0.0003% | 1h | 0.3392 | −0.004% | — | — | 150x | as long as short |
| Injective STX/USDC PERP | +0.0033% | 1h | 0.3463 | +2.078% | $4K | $264K | 12x | as long as short |
| Aster STXUSDT | +0.0100% | 8h | 0.3391 | −0.056% | $127K | $64K | 10x | as long as short |
| Binance STXUSDT | +0.0100% | 8h | 0.3391 | −0.056% | $7.9M | $18.9M | 75x | as long as short |
| Bybit STXUSDT | +0.0100% | 8h | 0.3386 | −0.191% | $8.7M | $7.1M | 75x | as long as short |
| OKX STX-USDT-SWAP | +0.0100% | 8h | 0.3389 | −0.103% | $2.3M | $5.8M | 20x | as long as short |
Variational Omni STX
Gate STX_USDT
Bitget STXUSDT
gTrade (Gains Network) STX/USD
Injective STX/USDC PERP
Aster STXUSDT
Binance STXUSDT
Bybit STXUSDT
OKX STX-USDT-SWAPShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC STX_USDT | +0.0100% | 8h | 0.3388 | −0.132% | $6.1M | $1.3M | 50x | as long as short |
| KuCoin STXUSDTM | +0.0100% | 8h | 0.3390 | −0.073% | $2.4M | $1.7M | 50x | as long as short |
| BingX STX-USDT | +0.0100% | 8h | 0.3389 | −0.103% | — | $16.2M | — | as long as short |
| ApeX Omni STXUSDTshort | +0.0100% | 1h | 0.3397 | +0.133% | $50K | $685K | 50x | |
| Extended STX-USD | +0.0104% | 1h | 0.3389 | −0.096% | $179K | $642K | 10x | as long as short |
| BloFin STX-USDT | +0.0122% | 8h | 0.3393 | +0.015% | $420K | $228K | 20x | as long as short |
| Hyperliquid STX | +0.0128% | 1h | 0.3395 | +0.068% | $1.5M | $803K | 5x | as long as short |
| GMX STX/USD [WBTC.b-USDC] | L +0.0194% / S −0.0366% | 1h | 0.3393 | +0.011% | $5K | — | 100x | as long as short |
MEXC STX_USDT
KuCoin STXUSDTM
BingX STX-USDT
Extended STX-USD
BloFin STX-USDT
Hyperliquid STX
GMX STX/USD [WBTC.b-USDC]