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

STG

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0001%/8h= −0.1% APRpaid last 24h −0.015%
Price spread now: Bitget against Bybit−0.083%7-day average −0.060% · you buy dearer than you sell
Net, funding: paid 7d − costs−$168as in the Funding arb table
Net, price: spread back to 7d avg − costs−$167as in the Price arb table
costs, in and out, $10k−$1641.643% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.034%−$3 on $10k
Price spread, last 7 days+0.068%+$7 · spread now −0.083%, 7d avg −0.060%
Together, before fees+0.034%+$3 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: Bitget is 0.023% cheaper against Bybit than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.060%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit STGUSDT0.11980.0101pay 0.0101% / 8h2h 57m$1.0M$2.5M25x
ShortBitget STGUSDT0.11970.0100get 0.0050% / 4h2h 57m$436K$1.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Bybit. 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
−$0.19
Price spread: −0.083% → −0.060%
−$2.31
Slippage, 4 orders
−$141.25
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$166.75
Costs to cover
1.643%
Break-even
never at this rate
Slippage from Bybit: live order book, 5 min ago; Bitget: live order book, 4 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 Bybit live order book, 5 min ago4.15 bp57.9 bp −$58312.5 bp −$3,125doesn't fitdoesn't fit
Sell Bitget live order book, 4 min ago8.33 bp20.8 bp −$21155.9 bp −$1,559doesn'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%4h0.1197−0.046%$16K$72K5xas long as short
Binance STGUSDT+0.0100%4h0.1196−0.135%$2.7M$6.4M20xas long as short
Gate STG_USDT+0.0100%4h0.1196−0.167%$103K$219K25xas long as short
MEXC STG_USDT+0.0100%8h0.1199+0.083%$264K$84K20xas long as short
KuCoin STGUSDTM+0.0100%4h0.1197−0.083%$782K$175K30xas long as short
Bitget STGUSDTshort+0.0100%4h0.1197−0.083%$436K$1.4M50x
Variational Omni STG+0.0100%8h0.1204+0.473%$27K$103Kas long as short
Bybit STGUSDTlong+0.0101%8h0.1198long leg$1.0M$2.5M25x
BingX STG-USDT+0.0104%4h0.1197−0.083%$1.2Mas long as short
Kraken Futures PF_STGUSD+0.4343%1h0.1196−0.179%$9K$10K10xas long as short