Funding you earn now, next payment 07:00 UTC+0.1125%/8h= +123.2% APRpaid last 24h +0.217%
Price spread now: BloFin against Kraken Futures+0.063%7-day average −0.124% · you sell dearer than you buy
Net, funding: paid 7d − costs−$122as in the Funding arb table
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$890.894% of the position
Funding, last 7 days−0.323%−$32 on $10k
+Price spread, last 4 days (all we have)−0.028%−$3 · spread now +0.063%, 7d avg −0.124%
=Both sides work for this trade now. Funding pays +$34 a day on $10k at the current rate, and BloFin is 0.186% dearer against Kraken Futures than usual: you sell high and buy low: +$19 more if the spread goes back to its 7-day average of −0.124%. Mind the row above: over the last 7 days funding on this pair cost −0.323%, 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 -0.323% in total (about -16.8% 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 | Kraken Futures PF_STXUSD | 0.3473 | −0.1039 | get 0.0130% / 1h | 13m 01s | $80K | $128K | 20x |
| Short | BloFin STX-USDT | 0.3475 | 0.0086 | get 0.0086% / 8h | 1h 13m | $428K | $230K | 20x |
Kraken Futures PF_STXUSD
BloFin STX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $236.25
- Price spread: +0.063% → −0.124%
- $18.65
- Slippage, 4 orders
- −$67.39
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $165.51
- Costs to cover
- 0.894%
- Break-even
- 2.1 days
Slippage from Kraken Futures: live order book, 29 min ago; BloFin: live order book, 64 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, 29 min ago | 21.45 bp | 28.1 bp −$28 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 64 min ago | 1.44 bp | 13.6 bp −$14 | 37.4 bp −$374 | 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 | −0.1039% | 1h | 0.3473 | long leg | $80K | $128K | 20x | |
| Variational Omni STX | −0.0102% | 8h | 0.3465 | −0.214% | $779K | $252K | — | as long as short |
| gTrade (Gains Network) STX/USD | L −0.0002% / S +0.0003% | 1h | 0.3472 | −0.023% | — | — | 150x | as long as short |
| Injective STX/USDC PERP | +0.0033% | 1h | 0.3463 | −0.283% | $4K | $264K | 12x | as long as short |
| BloFin STX-USDTshort | +0.0086% | 8h | 0.3475 | +0.063% | $428K | $230K | 20x | |
| Hyperliquid STX | +0.0100% | 1h | 0.3478 | +0.138% | $1.5M | $870K | 5x | as long as short |
| Aster STXUSDT | +0.0100% | 8h | 0.3473 | +0.007% | $129K | $71K | 10x | as long as short |
| Binance STXUSDT | +0.0100% | 8h | 0.3473 | −0.009% | $8.2M | $19.1M | 75x | as long as short |
| Bybit STXUSDT | +0.0100% | 8h | 0.3469 | −0.098% | $9.0M | $6.9M | 75x | as long as short |
| OKX STX-USDT-SWAP | +0.0100% | 8h | 0.3472 | −0.023% | $2.4M | $6.2M | 20x | as long as short |
Variational Omni STX
gTrade (Gains Network) STX/USD
Injective STX/USDC PERP
Hyperliquid STX
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 | |
|---|---|---|---|---|---|---|---|---|
| Gate STX_USDT | +0.0100% | 8h | 0.3468 | −0.139% | $636K | $412K | 50x | as long as short |
| MEXC STX_USDT | +0.0100% | 8h | 0.3473 | +0.005% | $6.0M | $1.2M | 50x | as long as short |
| KuCoin STXUSDTM | +0.0100% | 8h | 0.3473 | +0.005% | $2.4M | $1.1M | 50x | as long as short |
| Bitget STXUSDT | +0.0100% | 8h | 0.3472 | −0.023% | $4.7M | $2.2M | 50x | as long as short |
| BingX STX-USDT | +0.0100% | 8h | 0.3470 | −0.081% | — | $13.5M | — | as long as short |
| ApeX Omni STXUSDT | +0.0100% | 1h | 0.3467 | −0.167% | $63K | $686K | 50x | as long as short |
| Extended STX-USD | +0.0104% | 1h | 0.3472 | −0.037% | $185K | $792K | 10x | as long as short |
| GMX STX/USD [WBTC.b-USDC] | L +0.0191% / S −0.0304% | 1h | 0.3475 | +0.065% | $5K | — | 100x | as long as short |
Gate STX_USDT
MEXC STX_USDT
KuCoin STXUSDTM
Bitget STXUSDT
BingX STX-USDT
ApeX Omni STXUSDT
Extended STX-USD
GMX STX/USD [WBTC.b-USDC]