Funding you earn now, next payment 04:00 UTC+0.0758%/8h= +83.0% APRnext payment +$3.79 per $10,000 · paid last 24h +0.019%
Price spread now: BingX against Bitget+0.245%7-day average +0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$104as in the Funding arb table
Net, price: spread back to 7d avg − costs−$89as in the Price arb table
costs, in and out, $10k−$1111.109% of the position
Funding, last 7 days+0.073%+$7 on $10k
+Price spread, last 7 days−0.256%−$26 · spread now +0.245%, 7d avg +0.025%
=Both sides work for this trade now. Funding pays +$23 a day on $10k at the current rate, and BingX is 0.220% dearer against Bitget than usual: you sell high and buy low: +$22 more if the spread goes back to its 7-day average of +0.025%.
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 +$3.79 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 | Bitget STGUSDT | 0.1224 | 0.0100 | pay 0.0050% / 4h | 2h 55m | $442K | $1.5M | 50x |
| Short | BingX STG-USDT | 0.1227 | 0.0858 | get 0.0429% / 4h | 2h 55m | — | $1.2M | — |
Bitget STGUSDT
BingX STG-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Bitget. 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
- $159.18
- Price spread: +0.245% → +0.025%
- $22.05
- Slippage, 4 orders
- −$88.9
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $70.33
- Costs to cover
- 1.109%
- Break-even
- 3.9 days
Slippage from Bitget: live order book, 1 min ago; BingX: live order book, 4 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 Bitget live order book, 1 min ago | 12.22 bp | 35.4 bp −$35 | 333.7 bp −$3,337 | doesn't fit | doesn't fit |
| Sell BingX live order book, 4 min ago | 8.16 bp | 24.6 bp −$25 | 127.9 bp −$1,279 | 339.2 bp −$33.9K | 359.2 bp −$179.6K |
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 | +0.085% | $2.7M | $5.9M | 20x | as long as short |
| Gate STG_USDT | +0.0100% | 4h | 0.1226 | +0.163% | $105K | $170K | 25x | as long as short |
| KuCoin STGUSDTM | +0.0100% | 4h | 0.1228 | +0.327% | $756K | $183K | 30x | as long as short |
| Bitget STGUSDTlong | +0.0100% | 4h | 0.1224 | long leg | $442K | $1.5M | 50x | |
| Variational Omni STG | +0.0427% | 8h | 0.1229 | +0.381% | $27K | $90K | — | as long as short |
| Aster STGUSDT | +0.0495% | 4h | 0.1228 | +0.334% | $15K | $54K | 5x | as long as short |
| BingX STG-USDTshort | +0.0858% | 4h | 0.1227 | +0.245% | — | $1.2M | — | |
| Bybit STGUSDT | +0.0871% | 8h | 0.1227 | +0.278% | $1.1M | $2.4M | 25x | as long as short |
| MEXC STG_USDT | +0.0895% | 8h | 0.1228 | +0.327% | $270K | $84K | 20x | as long as short |
| Kraken Futures PF_STGUSD | +0.2572% | 1h | 0.1231 | +0.542% | $9K | $10K | 10x | as long as short |
Binance STGUSDT
Gate STG_USDT
KuCoin STGUSDTM
Variational Omni STG
Aster STGUSDT
Bybit STGUSDT
MEXC STG_USDT
Kraken Futures PF_STGUSD