Funding you earn now, next payment 04:00 UTC+0.1182%/8h= +129.4% APRnext payment +$5.91 per $10,000 · paid last 24h +0.082%
Price spread now: BingX against Binance−0.083%7-day average +0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$106as in the Funding arb table
Net, price: spread back to 7d avg − costs−$134as in the Price arb table
costs, in and out, $10k−$1251.250% of the position
Funding, last 7 days+0.186%+$19 on $10k
+Price spread, last 7 days+0.040%+$4 · spread now −0.083%, 7d avg +0.002%
=Funding pays, the price is against you. BingX is 0.086% cheaper against Binance than usual: you would sell low and buy high (spread −0.083% now, against its 7-day average of +0.002%). If the spread goes back, that is −$9 on $10k: about 6 hours of funding at the current rate (+$35 a day). At the pace of the last 7 days (+0.186% in total) that is about 3.2 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.186% in total (about 9.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.91 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 | Binance STGUSDT | 0.1199 | 0.0100 | pay 0.0050% / 4h | 28m 54s | $2.6M | $5.5M | 20x |
| Short | BingX STG-USDT | 0.1198 | 0.1282 | get 0.0641% / 4h | 28m 54s | — | $1.2M | — |
Binance STGUSDT
BingX STG-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Binance. 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
- $248.17
- Price spread: −0.083% → +0.002%
- −$8.57
- Slippage, 4 orders
- −$104.97
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $114.63
- Costs to cover
- 1.250%
- Break-even
- 3.8 days
Slippage from Binance: live order book, 9 min ago; BingX: live order book, 1 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 Binance live order book, 9 min ago | 4.18 bp | 37.8 bp −$38 | 389.8 bp −$3,898 | doesn't fit | doesn't fit |
| Sell BingX live order book, 1 min ago | 12.46 bp | 23.1 bp −$23 | 136.8 bp −$1,368 | 306.4 bp −$30.6K | 322.3 bp −$161.2K |
STG on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate STG_USDT | +0.0100% | 4h | 0.1200 | +0.083% | $105K | $153K | 25x | as long as short |
| KuCoin STGUSDTM | +0.0100% | 4h | 0.1200 | +0.083% | $744K | $198K | 30x | as long as short |
| Binance STGUSDTlong | +0.0100% | 4h | 0.1199 | long leg | $2.6M | $5.5M | 20x | |
| Bitget STGUSDT | +0.0114% | 4h | 0.1199 | 0.000% | $423K | $1.6M | 50x | as long as short |
| Aster STGUSDT | +0.0738% | 4h | 0.1198 | −0.093% | $14K | $51K | 5x | as long as short |
| Variational Omni STG | +0.0962% | 8h | 0.1202 | +0.224% | $32K | $88K | — | as long as short |
| BingX STG-USDTshort | +0.1282% | 4h | 0.1198 | −0.083% | — | $1.2M | — | |
| MEXC STG_USDT | +0.1443% | 8h | 0.1201 | +0.167% | $264K | $85K | 20x | as long as short |
| Bybit STGUSDT | +0.1445% | 8h | 0.1200 | +0.083% | $1.1M | $2.4M | 25x | as long as short |
| Kraken Futures PF_STGUSD | +0.4709% | 1h | 0.1204 | +0.384% | $9K | $10K | 10x | as long as short |
Gate STG_USDT
KuCoin STGUSDTM
Bitget STGUSDT
Aster STGUSDT
Variational Omni STG
MEXC STG_USDT
Bybit STGUSDT
Kraken Futures PF_STGUSD