Funding you earn now, next payment 02:00 UTC+0.1209%/8h= +132.4% APRpaid last 24h +0.129%
Price spread now: Bitget against Kraken Futures−0.181%7-day average −0.166% · you buy dearer than you sell
Net, funding: paid 7d − costs−$133as in the Funding arb table
Net, price: spread back to 7d avg − costs−$109as in the Price arb table
costs, in and out, $10k−$1071.075% of the position
Funding, last 7 days−0.259%−$26 on $10k
+Price spread, last 3 days (all we have)−0.228%−$23 · spread now −0.181%, 7d avg −0.166%
=The price spread sits at its 7-day average of −0.166%, so right now this pair is about funding alone: +$36 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.259%, 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 -0.259% in total (about -13.5% 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_STXUSD | 0.3367 | −0.1120 | get 0.0140% / 1h | 0m 55s | $70K | $119K | 20x |
| Short | Bitget STXUSDT | 0.3361 | 0.0089 | get 0.0089% / 8h | 6h 00m | $4.6M | $2.0M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $253.93
- Price spread: −0.181% → −0.166%
- −$1.49
- Slippage, 4 orders
- −$85.49
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $144.94
- Costs to cover
- 1.075%
- Break-even
- 3.0 days
Slippage from Kraken Futures: live order book, 1 min ago; Bitget: live order book, 2 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, 1 min ago | 21.37 bp | 29.9 bp −$30 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 1.49 bp | 18.9 bp −$19 | 43.2 bp −$432 | 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_STXUSDlong | −0.1120% | 1h | 0.3367 | long leg | $70K | $119K | 20x | |
| Variational Omni STX | −0.0337% | 8h | 0.3357 | −0.287% | $770K | $255K | — | as long as short |
| gTrade (Gains Network) STX/USD | L −0.0002% / S +0.0003% | 1h | 0.3364 | −0.088% | — | — | 150x | as long as short |
| Injective STX/USDC PERP | +0.0033% | 1h | 0.3463 | +2.849% | $4K | $264K | 12x | as long as short |
| Bitget STXUSDTshort | +0.0089% | 8h | 0.3361 | −0.181% | $4.6M | $2.0M | 50x | |
| Gate STX_USDT | +0.0094% | 8h | 0.3357 | −0.299% | $596K | $358K | 50x | as long as short |
| Aster STXUSDT | +0.0100% | 8h | 0.3362 | −0.156% | $126K | $59K | 10x | as long as short |
| Binance STXUSDT | +0.0100% | 8h | 0.3364 | −0.092% | $7.7M | $18.3M | 75x | as long as short |
| Bybit STXUSDT | +0.0100% | 8h | 0.3358 | −0.270% | $8.5M | $6.7M | 75x | as long as short |
| OKX STX-USDT-SWAP | +0.0100% | 8h | 0.3363 | −0.121% | $2.3M | $5.5M | 20x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC STX_USDT | +0.0100% | 8h | 0.3363 | −0.121% | $6.0M | $1.2M | 50x | as long as short |
| KuCoin STXUSDTM | +0.0100% | 8h | 0.3365 | −0.062% | $2.4M | $1.7M | 50x | as long as short |
| BingX STX-USDT | +0.0100% | 8h | 0.3362 | −0.151% | — | $13.6M | — | as long as short |
| ApeX Omni STXUSDT | +0.0100% | 1h | 0.3368 | +0.027% | $49K | $688K | 50x | as long as short |
| Extended STX-USD | +0.0104% | 1h | 0.3362 | −0.150% | $179K | $618K | 10x | as long as short |
| GMX STX/USD [WBTC.b-USDC] | L +0.0188% / S −0.0263% | 1h | 0.3363 | −0.128% | $4K | — | 100x | as long as short |
| Hyperliquid STX | +0.0382% | 1h | 0.3369 | +0.054% | $1.5M | $754K | 5x | as long as short |
Kraken Futures PF_STXUSD
Bitget STXUSDT
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
GMX STX/USD [WBTC.b-USDC]
Hyperliquid STX