Settings8H · net · $10k
Funding arb · Price arb /

STX

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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees−0.487%−$49 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_STXUSD0.3367−0.1120get 0.0140% / 1h0m 55s$70K$119K20x
ShortBitget STXUSDT0.33610.0089get 0.0089% / 8h6h 00m$4.6M$2.0M50x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Kraken Futures live order book, 1 min ago21.37 bp29.9 bp −$30doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 2 min ago1.49 bp18.9 bp −$1943.2 bp −$432doesn't fitdoesn't fit

STX on 17 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_STXUSDlong−0.1120%1h0.3367long leg$70K$119K20x
Variational Omni STX−0.0337%8h0.3357−0.287%$770K$255Kas long as short
gTrade (Gains Network) STX/USDL −0.0002% / S +0.0003%1h0.3364−0.088%150xas long as short
Injective STX/USDC PERP+0.0033%1h0.3463+2.849%$4K$264K12xas long as short
Bitget STXUSDTshort+0.0089%8h0.3361−0.181%$4.6M$2.0M50x
Gate STX_USDT+0.0094%8h0.3357−0.299%$596K$358K50xas long as short
Aster STXUSDT+0.0100%8h0.3362−0.156%$126K$59K10xas long as short
Binance STXUSDT+0.0100%8h0.3364−0.092%$7.7M$18.3M75xas long as short
Bybit STXUSDT+0.0100%8h0.3358−0.270%$8.5M$6.7M75xas long as short
OKX STX-USDT-SWAP+0.0100%8h0.3363−0.121%$2.3M$5.5M20xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC STX_USDT+0.0100%8h0.3363−0.121%$6.0M$1.2M50xas long as short
KuCoin STXUSDTM+0.0100%8h0.3365−0.062%$2.4M$1.7M50xas long as short
BingX STX-USDT+0.0100%8h0.3362−0.151%$13.6Mas long as short
ApeX Omni STXUSDT+0.0100%1h0.3368+0.027%$49K$688K50xas long as short
Extended STX-USD+0.0104%1h0.3362−0.150%$179K$618K10xas long as short
GMX STX/USD [WBTC.b-USDC]L +0.0188% / S −0.0263%1h0.3363−0.128%$4K100xas long as short
Hyperliquid STX+0.0382%1h0.3369+0.054%$1.5M$754K5xas long as short