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

STG

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0710%/8h= +77.7% APRnext payment +$3.55 per $10,000 · paid last 24h +0.017%
Price spread now: BingX against Gate0.000%7-day average +0.016% · 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−$345as in the Price arb table
costs, in and out, $10k−$3443.436% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.085%+$8 on $10k
Price spread, last 7 days+0.022%+$2 · spread now 0.000%, 7d avg +0.016%
Together, before fees+0.107%+$11 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.016%, so right now this pair is about funding alone: +$21 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.085% in total (about 4.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.55 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate STG_USDT0.12220.0100pay 0.0050% / 4h2h 08m$108K$176K25x
ShortBingX STG-USDT0.12220.0810get 0.0405% / 4h2h 08m$1.2M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Gate. 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
$149.1
Price spread: 0.000% → +0.016%
−$1.61
Slippage, 4 orders
−$318.57
Fee Gate: 7.5 bp × 2 orders
−$15
Fee BingX: 5 bp × 2 orders
−$10
Net
−$196.08
Costs to cover
3.436%
Break-even
16.2 days
Slippage from Gate: live order book, 52 min ago; BingX: live order book, 2 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 Gate live order book, 52 min ago12.22 bp162.4 bp −$162doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 2 min ago12.26 bp19.6 bp −$20124.8 bp −$1,248327.8 bp −$32.8K347.5 bp −$173.7K

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
Binance STGUSDT+0.0100%4h0.1226+0.327%$2.7M$5.9M20xas long as short
Gate STG_USDTlong+0.0100%4h0.1222long leg$108K$176K25x
KuCoin STGUSDTM+0.0100%4h0.1223+0.082%$762K$198K30xas long as short
Bitget STGUSDT+0.0100%4h0.1225+0.245%$441K$1.6M50xas long as short
Aster STGUSDT+0.0504%4h0.1221−0.049%$15K$54K5xas long as short
Variational Omni STG+0.0516%8h0.1230+0.641%$27K$90Kas long as short
BingX STG-USDTshort+0.0810%4h0.12220.000%$1.2M
MEXC STG_USDT+0.0978%8h0.1223+0.082%$269K$87K20xas long as short
Bybit STGUSDT+0.0999%8h0.1228+0.491%$1.1M$2.4M25xas long as short
Kraken Futures PF_STGUSD+0.2577%1h0.1228+0.515%$9K$10K10xas long as short