Settings8H · net · $10k
Funding arb · Price arb /

STG

all STG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.003%
Price spread now: KuCoin against Bitget+0.250%7-day average −0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$335as in the Funding arb table
Net, price: spread back to 7d avg − costs−$304as in the Price arb table
costs, in and out, $10k−$3323.315% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.031%−$3 on $10k
Price spread, last 7 days−0.305%−$30 · spread now +0.250%, 7d avg −0.023%
Together, before fees−0.336%−$34 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.274% dearer against Bitget than usual: you sell high and buy low, +$27 on $10k if it goes back to its 7-day average of −0.023%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget STGUSDT0.11990.0100pay 0.0050% / 4h2h 31m$449K$1.4M50x
ShortKuCoin STGUSDTM0.12020.0100get 0.0050% / 4h2h 31m$779K$162K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Bitget. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.250% → −0.023%
$27.36
Slippage, 4 orders
−$307.52
Fee Bitget: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$304.16
Costs to cover
3.315%
Break-even
never at this rate
Slippage from Bitget: live order book, 5 min ago; KuCoin: live order book, 52 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 5 min ago8.34 bp27.9 bp −$28307.8 bp −$3,078doesn't fitdoesn't fit
Sell KuCoin live order book, 52 min ago8.35 bp149.3 bp −$149666.5 bp −$6,665doesn't fitdoesn't fit

STG on 10 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster STGUSDT+0.0100%4h0.1200+0.083%$16K$72K5xas long as short
Binance STGUSDT+0.0100%4h0.1202+0.223%$2.7M$6.2M20xas long as short
Gate STG_USDT+0.0100%4h0.11990.000%$103K$220K25xas long as short
MEXC STG_USDT+0.0100%8h0.1201+0.167%$264K$86K20xas long as short
KuCoin STGUSDTMshort+0.0100%4h0.1202+0.250%$779K$162K30x
Bitget STGUSDTlong+0.0100%4h0.1199long leg$449K$1.4M50x
BingX STG-USDT+0.0100%4h0.11990.000%$1.2Mas long as short
Variational Omni STG+0.0100%8h0.1201+0.142%$27K$103Kas long as short
Bybit STGUSDT+0.0101%8h0.1201+0.192%$1.0M$2.4M25xas long as short
Kraken Futures PF_STGUSD+0.4316%1h0.1203+0.343%$9K$10K10xas long as short