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

STAR

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.1454%/8h= −159.3% APRnext payment $7.27 per $10,000 · paid last 24h −0.216%
Price spread now: Gate against BingX+0.689%7-day average +0.403% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.408%−$41 on $10k
Price spread, last 4 days (all we have)−0.477%−$48 · spread now +0.689%, 7d avg +0.403%
Together, before fees−0.886%−$89 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Gate is 0.286% dearer against BingX than usual: you sell high and buy low (spread +0.689% now, against its 7-day average of +0.403%): +$29 on $10k if it goes back. Holding the pair costs −$44 a day in funding at the current rate, which eats that in about 16 hours. At the pace of the last 7 days (−0.408% in total) that is about 4.9 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.408% in total (about -21.3% a year). A funding rate is set anew for every payment; at this rate the next one is about $7.27 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX STAR-USDT0.037730.1554pay 0.0777% / 4h2h 10m$1.7M
ShortGate STAR_USDT0.037990.0100get 0.0050% / 4h2h 10m$298K$237K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against BingX. 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
−$305.42
Price spread: +0.689% → +0.403%
$28.65
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$301.78
Costs to cover
0.250%
Break-even
from the start
Slippage unknown: BingX: live order book, 7 min ago; Gate: live order book, 51 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 7 min ago6.63 bp73.4 bp −$73434.7 bp −$4,347doesn't fitdoesn't fit
Sell Gate live order book, 51 min ago18.90 bp1355.7 bp −$1,356doesn't fitdoesn't fitdoesn't fit

STAR on 6 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
KuCoin STARUSDTM−0.2738%4h0.03808+0.928%$209K$997K3xas long as short
Gate STAR_USDTshort+0.0100%4h0.03799+0.689%$298K$237K5x
Binance STARUSDT+0.1551%4h0.03775+0.062%$5.3M$7.5M10xas long as short
BingX STAR-USDTlong+0.1554%4h0.03773long leg$1.7M
MEXC STAR_USDT+0.1562%4h0.03784+0.292%$237K$272K10xas long as short
Aster STARUSDT+0.1637%4h0.03777+0.100%$38K$46K5xas long as short