Funding you earn now, next payment 04:00 UTC+0.0041%/8h= +4.5% APRpaid last 24h +0.020%
Price spread now: Bybit against BingX+0.016%7-day average +0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$199as in the Funding arb table
Net, price: spread back to 7d avg − costs−$200as in the Price arb table
costs, in and out, $10k−$1981.981% of the position
Funding, last 7 days−0.014%−$1 on $10k
+Price spread, last 7 days+0.004%$0 · spread now +0.016%, 7d avg +0.037%
=Funding pays, the price is against you. Bybit is 0.021% cheaper against BingX than usual: you would sell low and buy high (spread +0.016% now, against its 7-day average of +0.037%). If the spread goes back, that is −$2 on $10k: about 40 hours of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX STG-USDT | 0.1227 | 0.0830 | pay 0.0415% / 4h | 2h 55m | — | $1.2M | — |
| Short | Bybit STGUSDT | 0.1227 | 0.0871 | get 0.0871% / 8h | 6h 55m | $1.1M | $2.4M | 25x |
BingX STG-USDT
Bybit STGUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $8.63
- Price spread: +0.016% → +0.037%
- −$2.06
- Slippage, 4 orders
- −$177.11
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$191.54
- Costs to cover
- 1.981%
- Break-even
- 162.3 days
Slippage from BingX: live order book, 5 min ago; Bybit: live order book, 2 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, 5 min ago | 8.16 bp | 18.7 bp −$19 | 96.8 bp −$968 | 386.2 bp −$38.6K | 414.8 bp −$207.4K |
| Sell Bybit live order book, 2 min ago | 6.52 bp | 78.9 bp −$79 | 353.9 bp −$3,539 | 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 | 0.1227 | −0.035% | $2.7M | $5.9M | 20x | as long as short |
| Gate STG_USDT | +0.0100% | 4h | 0.1225 | −0.163% | $105K | $170K | 25x | as long as short |
| KuCoin STGUSDTM | +0.0100% | 4h | 0.1225 | −0.163% | $754K | $183K | 30x | as long as short |
| Bitget STGUSDT | +0.0100% | 4h | 0.1225 | −0.163% | $444K | $1.5M | 50x | as long as short |
| Variational Omni STG | +0.0427% | 8h | 0.1229 | +0.135% | $27K | $90K | — | as long as short |
| Aster STGUSDT | +0.0495% | 4h | 0.1226 | −0.052% | $15K | $54K | 5x | as long as short |
| BingX STG-USDTlong | +0.0830% | 4h | 0.1227 | long leg | — | $1.2M | — | |
| Bybit STGUSDTshort | +0.0871% | 8h | 0.1227 | +0.016% | $1.1M | $2.4M | 25x | |
| MEXC STG_USDT | +0.0895% | 8h | 0.1227 | 0.000% | $270K | $84K | 20x | as long as short |
| Kraken Futures PF_STGUSD | +0.2574% | 1h | 0.1230 | +0.250% | $9K | $10K | 10x | as long as short |
Binance STGUSDT
Gate STG_USDT
KuCoin STGUSDTM
Bitget STGUSDT
Variational Omni STG
Aster STGUSDT
MEXC STG_USDT
Kraken Futures PF_STGUSD