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

STG

all STG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0001%/8h= −0.1% APRpaid last 24h −0.012%
Price spread now: Gate against Bybit−0.150%7-day average −0.049% · you buy dearer than you sell
Net, funding: paid 7d − costs−$364as in the Funding arb table
Net, price: spread back to 7d avg − costs−$370as in the Price arb table
costs, in and out, $10k−$3603.596% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.046%−$5 on $10k
Price spread, last 7 days+0.135%+$13 · spread now −0.150%, 7d avg −0.049%
Together, before fees+0.088%+$9 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: Gate is 0.101% cheaper against Bybit than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of −0.049%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit STGUSDT0.12000.0101pay 0.0101% / 8h2h 56m$1.0M$2.5M25x
ShortGate STG_USDT0.11980.0100get 0.0050% / 4h2h 56m$103K$219K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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: −0.150% → −0.049%
−$10.06
Slippage, 4 orders
−$333.61
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$369.86
Costs to cover
3.596%
Break-even
never at this rate
Slippage from Bybit: live order book, 5 min ago; Gate: live order book, 27 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 Gate live order book, 27 min ago4.17 bp105.3 bp −$105doesn't fitdoesn'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%4h0.1199−0.062%$16K$72K5xas long as short
Binance STGUSDT+0.0100%4h0.1197−0.211%$2.7M$6.4M20xas long as short
Gate STG_USDTshort+0.0100%4h0.1198−0.150%$103K$219K25x
MEXC STG_USDT+0.0100%8h0.1199−0.067%$264K$84K20xas long as short
KuCoin STGUSDTM+0.0100%4h0.1200+0.017%$783K$175K30xas long as short
Bitget STGUSDT+0.0100%4h0.1198−0.150%$437K$1.4M50xas long as short
BingX STG-USDT+0.0100%4h0.1200+0.017%$1.2Mas long as short
Variational Omni STG+0.0100%8h0.1204+0.322%$27K$103Kas long as short
Bybit STGUSDTlong+0.0101%8h0.1200long leg$1.0M$2.5M25x
Kraken Futures PF_STGUSD+0.4341%1h0.1196−0.285%$9K$10K10xas long as short