Funding you earn now, next payment 12:00 UTC−0.1552%/8h= −169.9% APRnext payment −$7.76 per $10,000 · paid last 24h −0.144%
Price spread now: KuCoin against BingX−0.082%7-day average −0.047% · you buy dearer than you sell
Net, funding: paid 7d − costs−$362as in the Funding arb table
Net, price: spread back to 7d avg − costs−$343as in the Price arb table
costs, in and out, $10k−$3403.395% of the position
Funding, last 7 days−0.229%−$23 on $10k
+Price spread, last 7 days−0.029%−$3 · spread now −0.082%, 7d avg −0.047%
=Both sides work against this trade now: funding costs −$47 a day on $10k at the current rate, and KuCoin is 0.035% cheaper against BingX than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.047%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.229% in total (about -11.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$7.76 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 | 0.1216 | 0.1652 | pay 0.0826% / 4h | 3h 13m | — | $1.2M | — |
| Short | KuCoin STGUSDTM | 0.1215 | 0.0100 | get 0.0050% / 4h | 3h 13m | $741K | $226K | 30x |
BingX STG-USDT
KuCoin STGUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$325.92
- Price spread: −0.082% → −0.047%
- −$3.48
- Slippage, 4 orders
- −$317.52
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$668.92
- Costs to cover
- 3.395%
- Break-even
- never at this rate
Slippage from BingX: live order book, 2 min ago; KuCoin: live order book, 51 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, 2 min ago | 12.36 bp | 22.3 bp −$22 | 68.4 bp −$684 | 323.3 bp −$32.3K | 348.8 bp −$174.4K |
| Sell KuCoin live order book, 51 min ago | 20.58 bp | 187.9 bp −$188 | 695.9 bp −$6,959 | 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 | 0.1215 | −0.082% | $741K | $226K | 30x | |
| Variational Omni STG | +0.1422% | 8h | 0.1215 | −0.084% | $33K | $59K | — | as long as short |
| Bitget STGUSDT | +0.1432% | 4h | 0.1214 | −0.164% | $460K | $1.7M | 50x | as long as short |
| Binance STGUSDT | +0.1517% | 4h | 0.1213 | −0.247% | $2.6M | $4.9M | 20x | as long as short |
| BingX STG-USDTlong | +0.1652% | 4h | 0.1216 | long leg | — | $1.2M | — | |
| Gate STG_USDT | +0.1722% | 4h | 0.1216 | 0.000% | $123K | $166K | 25x | as long as short |
| Bybit STGUSDT | +0.1834% | 8h | 0.1212 | −0.321% | $1.1M | $2.3M | 25x | as long as short |
| MEXC STG_USDT | +0.1844% | 8h | 0.1214 | −0.164% | $267K | $86K | 20x | as long as short |
| Aster STGUSDT | +0.2018% | 4h | 0.1205 | −0.878% | $15K | $44K | 5x | as long as short |
| Kraken Futures PF_STGUSD | +0.7426% | 1h | 0.1219 | +0.225% | $9K | $7K | 10x | as long as short |
Variational Omni STG
Bitget STGUSDT
Binance STGUSDT
Gate STG_USDT
Bybit STGUSDT
MEXC STG_USDT
Aster STGUSDT
Kraken Futures PF_STGUSD