Funding you earn now, next payment 08:00 UTC+0.0946%/8h= +103.5% APRnext payment +$4.73 per $10,000 · paid last 24h +0.006%
Price spread now: Binance against KuCoin+0.167%7-day average +0.047% · you sell dearer than you buy
Net, funding: paid 7d − costs−$365as in the Funding arb table
Net, price: spread back to 7d avg − costs−$345as in the Price arb table
costs, in and out, $10k−$3573.572% of the position
Funding, last 7 days−0.076%−$8 on $10k
+Price spread, last 7 days−0.045%−$5 · spread now +0.167%, 7d avg +0.047%
=Both sides work for this trade now. Funding pays +$28 a day on $10k at the current rate, and Binance is 0.120% dearer against KuCoin than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.047%. Mind the row above: over the last 7 days funding on this pair cost −0.076%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.076% in total (about -3.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.73 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin STGUSDTM | 0.1198 | 0.0100 | pay 0.0050% / 4h | 1h 06m | $754K | $215K | 30x |
| Short | Binance STGUSDT | 0.1200 | 0.1046 | get 0.0523% / 4h | 1h 06m | $2.6M | $5.1M | 20x |
KuCoin STGUSDTM
Binance STGUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against KuCoin. 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
- $198.58
- Price spread: +0.167% → +0.047%
- $12.01
- Slippage, 4 orders
- −$335.17
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$146.58
- Costs to cover
- 3.572%
- Break-even
- 12.2 days
Slippage from KuCoin: live order book, 3 min ago; Binance: live order book, 16 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 KuCoin live order book, 3 min ago | 20.86 bp | 126.3 bp −$126 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 16 min ago | 4.15 bp | 41.5 bp −$41 | 280.3 bp −$2,803 | 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin STGUSDTMlong | +0.0100% | 4h | 0.1198 | long leg | $754K | $215K | 30x | |
| Gate STG_USDT | +0.0432% | 4h | 0.1201 | +0.250% | $115K | $150K | 25x | as long as short |
| Binance STGUSDTshort | +0.1046% | 4h | 0.1200 | +0.167% | $2.6M | $5.1M | 20x | |
| Variational Omni STG | +0.1226% | 8h | 0.1203 | +0.424% | $33K | $60K | — | as long as short |
| BingX STG-USDT | +0.1240% | 4h | 0.1200 | +0.167% | — | $1.2M | — | as long as short |
| Bitget STGUSDT | +0.1260% | 4h | 0.1200 | +0.167% | $431K | $1.7M | 50x | as long as short |
| MEXC STG_USDT | +0.1379% | 8h | 0.1198 | 0.000% | $264K | $87K | 20x | as long as short |
| Bybit STGUSDT | +0.1386% | 8h | 0.1200 | +0.125% | $1.1M | $2.3M | 25x | as long as short |
| Aster STGUSDT | +0.1669% | 4h | 0.1199 | +0.083% | $14K | $43K | 5x | as long as short |
| Kraken Futures PF_STGUSD | +0.6235% | 1h | 0.1206 | +0.677% | $9K | $8K | 10x | as long as short |
Gate STG_USDT
Variational Omni STG
BingX STG-USDT
Bitget STGUSDT
MEXC STG_USDT
Bybit STGUSDT
Aster STGUSDT
Kraken Futures PF_STGUSD