Funding you earn now, next payment 00:00 UTC−0.0156%/8h= −17.0% APRpaid last 24h −0.078%
Price spread now: Binance against Bybit−0.173%7-day average −0.040% · you buy dearer than you sell
Net, funding: paid 7d − costs−$220as in the Funding arb table
Net, price: spread back to 7d avg − costs−$219as in the Price arb table
costs, in and out, $10k−$2052.053% of the position
Funding, last 7 days−0.147%−$15 on $10k
+Price spread, last 7 days+0.171%+$17 · spread now −0.173%, 7d avg −0.040%
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Binance is 0.133% cheaper against Bybit than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of −0.040%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit STGUSDT | 0.1217 | 0.0256 | pay 0.0256% / 8h | 28m 01s | $1.1M | $2.3M | 25x |
| Short | Binance STGUSDT | 0.1215 | 0.0100 | get 0.0050% / 4h | 28m 01s | $2.7M | $5.8M | 20x |
Bybit STGUSDT
Binance STGUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bybit. 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
- −$32.68
- Price spread: −0.173% → −0.040%
- −$13.28
- Slippage, 4 orders
- −$184.33
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$251.29
- Costs to cover
- 2.053%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 min ago; Binance: live order book, 10 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 Bybit live order book, 4 min ago | 3.69 bp | 75.5 bp −$76 | 596.4 bp −$5,964 | doesn't fit | doesn't fit |
| Sell Binance live order book, 10 min ago | 4.09 bp | 33.2 bp −$33 | 233.3 bp −$2,333 | 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 STGUSDTshort | +0.0100% | 4h | 0.1215 | −0.173% | $2.7M | $5.8M | 20x | |
| Gate STG_USDT | +0.0100% | 4h | 0.1216 | −0.090% | $105K | $181K | 25x | as long as short |
| KuCoin STGUSDTM | +0.0100% | 4h | 0.1216 | −0.090% | $760K | $161K | 30x | as long as short |
| Bitget STGUSDT | +0.0100% | 4h | 0.1216 | −0.090% | $459K | $1.4M | 50x | as long as short |
| Variational Omni STG | +0.0115% | 8h | 0.1218 | +0.099% | $27K | $90K | — | as long as short |
| Aster STGUSDT | +0.0169% | 4h | 0.1217 | −0.006% | $16K | $53K | 5x | as long as short |
| BingX STG-USDT | +0.0253% | 4h | 0.1215 | −0.173% | — | $1.2M | — | as long as short |
| Bybit STGUSDTlong | +0.0256% | 8h | 0.1217 | long leg | $1.1M | $2.3M | 25x | |
| MEXC STG_USDT | +0.0257% | 8h | 0.1217 | −0.008% | $268K | $86K | 20x | as long as short |
| Kraken Futures PF_STGUSD | +0.1455% | 1h | 0.1217 | +0.008% | $9K | $10K | 10x | as long as short |
Gate STG_USDT
KuCoin STGUSDTM
Bitget STGUSDT
Variational Omni STG
Aster STGUSDT
BingX STG-USDT
MEXC STG_USDT
Kraken Futures PF_STGUSD