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+0.1153%/8h= +126.3% APRnext payment +$5.77 per $10,000 · paid last 24h +0.016%
Price spread now: BingX against KuCoin+0.410%7-day average +0.046% · you sell dearer than you buy
Net, funding: paid 7d − costs−$273as in the Funding arb table
Net, price: spread back to 7d avg − costs−$247as in the Price arb table
costs, in and out, $10k−$2832.834% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.104%+$10 on $10k
Price spread, last 7 days−0.377%−$38 · spread now +0.410%, 7d avg +0.046%
Together, before fees−0.274%−$27 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$35 a day on $10k at the current rate, and BingX is 0.364% dearer against KuCoin than usual: you sell high and buy low: +$36 more if the spread goes back to its 7-day average of +0.046%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.104% in total (about 5.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.77 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
LongKuCoin STGUSDTM0.12190.0100pay 0.0050% / 4h1h 37m$768K$201K30x
ShortBingX STG-USDT0.12240.1253get 0.0627% / 4h1h 37m$1.2M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against KuCoin. 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
$242.17
Price spread: +0.410% → +0.046%
$36.4
Slippage, 4 orders
−$261.42
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$4.85
Costs to cover
2.834%
Break-even
7.1 days
Slippage from KuCoin: live order book, 62 min ago; BingX: live order book, 7 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 KuCoin live order book, 62 min ago16.25 bp97.1 bp −$97doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 7 min ago8.16 bp29.9 bp −$3098.7 bp −$987342.0 bp −$34.2K366.0 bp −$183.0K

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%4h0.1223+0.342%$2.7M$5.9M20xas long as short
Gate STG_USDT+0.0100%4h0.1224+0.410%$108K$161K25xas long as short
KuCoin STGUSDTMlong+0.0100%4h0.1219long leg$768K$201K30x
Bitget STGUSDT+0.0100%4h0.1222+0.246%$442K$1.6M50xas long as short
Aster STGUSDT+0.0678%4h0.1223+0.351%$15K$50K5xas long as short
Variational Omni STG+0.0718%8h0.1225+0.481%$27K$90Kas long as short
BingX STG-USDTshort+0.1253%4h0.1224+0.410%$1.2M
MEXC STG_USDT+0.1442%8h0.1223+0.328%$269K$85K20xas long as short
Bybit STGUSDT+0.1462%8h0.1224+0.427%$1.1M$2.4M25xas long as short
Kraken Futures PF_STGUSD+0.3301%1h0.1226+0.571%$9K$10K10xas long as short