Funding you earn now, next payment 08:00 UTC−0.0826%/8h= −90.5% APRnext payment −$4.13 per $10,000 · paid last 24h −0.006%
Price spread now: KuCoin against Binance−0.250%7-day average −0.047% · you buy dearer than you sell
Net, funding: paid 7d − costs−$317as in the Funding arb table
Net, price: spread back to 7d avg − costs−$345as in the Price arb table
costs, in and out, $10k−$3253.245% of the position
Funding, last 7 days+0.076%+$8 on $10k
+Price spread, last 7 days+0.129%+$13 · spread now −0.250%, 7d avg −0.047%
=Both sides work against this trade now: funding costs −$25 a day on $10k at the current rate, and KuCoin is 0.204% cheaper against Binance than usual: you would sell low and buy high (−$20 if the spread goes back to its 7-day average of −0.047%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.076%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.076% in total (about 3.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.13 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 | 0.1198 | 0.0926 | pay 0.0463% / 4h | 1h 32m | $2.6M | $5.2M | 20x |
| Short | KuCoin STGUSDTM | 0.1195 | 0.0100 | get 0.0050% / 4h | 1h 32m | $750K | $214K | 30x |
Binance STGUSDT
KuCoin STGUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$173.47
- Price spread: −0.250% → −0.047%
- −$20.36
- Slippage, 4 orders
- −$302.55
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$518.37
- Costs to cover
- 3.245%
- Break-even
- never at this rate
Slippage from Binance: live order book, 5 min ago; KuCoin: live order book, 42 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, 5 min ago | 8.35 bp | 37.4 bp −$37 | 453.9 bp −$4,539 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 42 min ago | 20.74 bp | 162.9 bp −$163 | 723.7 bp −$7,237 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin STGUSDTMshort | +0.0100% | 4h | 0.1195 | −0.250% | $750K | $214K | 30x | |
| Gate STG_USDT | +0.0298% | 4h | 0.1197 | −0.083% | $112K | $148K | 25x | as long as short |
| Binance STGUSDTlong | +0.0926% | 4h | 0.1198 | long leg | $2.6M | $5.2M | 20x | |
| Bitget STGUSDT | +0.1158% | 4h | 0.1198 | 0.000% | $435K | $1.7M | 50x | as long as short |
| Variational Omni STG | +0.1226% | 8h | 0.1197 | −0.068% | $33K | $64K | — | as long as short |
| BingX STG-USDT | +0.1246% | 4h | 0.1197 | −0.083% | — | $1.2M | — | as long as short |
| MEXC STG_USDT | +0.1354% | 8h | 0.1198 | 0.000% | $264K | $85K | 20x | as long as short |
| Bybit STGUSDT | +0.1355% | 8h | 0.1198 | +0.042% | $1.1M | $2.3M | 25x | as long as short |
| Aster STGUSDT | +0.1550% | 4h | 0.1197 | −0.069% | $14K | $43K | 5x | as long as short |
| Kraken Futures PF_STGUSD | +0.6250% | 1h | 0.1203 | +0.443% | $9K | $8K | 10x | as long as short |
Gate STG_USDT
Bitget STGUSDT
Variational Omni STG
BingX STG-USDT
MEXC STG_USDT
Bybit STGUSDT
Aster STGUSDT
Kraken Futures PF_STGUSD