Funding you earn now, next payment 04:00 UTC−0.1356%/8h= −148.5% APRnext payment −$6.78 per $10,000 · paid last 24h −0.019%
Price spread now: Bitget against BingX−0.163%7-day average −0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$121as in the Funding arb table
Net, price: spread back to 7d avg − costs−$128as in the Price arb table
costs, in and out, $10k−$1141.137% of the position
Funding, last 7 days−0.073%−$7 on $10k
+Price spread, last 7 days+0.163%+$16 · spread now −0.163%, 7d avg −0.024%
=Both sides work against this trade now: funding costs −$41 a day on $10k at the current rate, and Bitget is 0.139% cheaper against BingX than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of −0.024%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.073% in total (about -3.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$6.78 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 | BingX STG-USDT | 0.1226 | 0.1456 | pay 0.0728% / 4h | 1h 18m | — | $1.2M | — |
| Short | Bitget STGUSDT | 0.1224 | 0.0100 | get 0.0050% / 4h | 1h 18m | $441K | $1.6M | 50x |
BingX STG-USDT
Bitget STGUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against BingX. 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
- −$284.76
- Price spread: −0.163% → −0.024%
- −$13.89
- Slippage, 4 orders
- −$91.69
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$412.34
- Costs to cover
- 1.137%
- Break-even
- never at this rate
Slippage from BingX: live order book, 1 min ago; Bitget: live order book, 3 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 BingX live order book, 1 min ago | 12.25 bp | 26.5 bp −$26 | 70.3 bp −$703 | 382.0 bp −$38.2K | 417.2 bp −$208.6K |
| Sell Bitget live order book, 3 min ago | 8.14 bp | 25.8 bp −$26 | 309.3 bp −$3,093 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance STGUSDT | +0.0100% | 4h | 0.1225 | −0.106% | $2.7M | $5.8M | 20x | as long as short |
| Gate STG_USDT | +0.0100% | 4h | 0.1227 | +0.082% | $108K | $161K | 25x | as long as short |
| KuCoin STGUSDTM | +0.0100% | 4h | 0.1223 | −0.245% | $771K | $202K | 30x | as long as short |
| Bitget STGUSDTshort | +0.0100% | 4h | 0.1224 | −0.163% | $441K | $1.6M | 50x | |
| Aster STGUSDT | +0.0792% | 4h | 0.1225 | −0.048% | $15K | $50K | 5x | as long as short |
| Variational Omni STG | +0.0861% | 8h | 0.1229 | +0.230% | $27K | $81K | — | as long as short |
| BingX STG-USDTlong | +0.1456% | 4h | 0.1226 | long leg | — | $1.2M | — | |
| Bybit STGUSDT | +0.1622% | 8h | 0.1225 | −0.082% | $1.1M | $2.4M | 25x | as long as short |
| MEXC STG_USDT | +0.1635% | 8h | 0.1226 | 0.000% | $270K | $86K | 20x | as long as short |
| Kraken Futures PF_STGUSD | +0.3300% | 1h | 0.1226 | +0.034% | $9K | $10K | 10x | as long as short |
Binance STGUSDT
Gate STG_USDT
KuCoin STGUSDTM
Aster STGUSDT
Variational Omni STG
Bybit STGUSDT
MEXC STG_USDT
Kraken Futures PF_STGUSD