Funding you earn now, next payment 08:00 UTC+0.1420%/8h= +155.5% APRpaid last 24h +0.037%
Price spread now: Bybit against KuCoin+0.349%7-day average +0.086% · you sell dearer than you buy
Net, funding: paid 7d − costs−$452as in the Funding arb table
Net, price: spread back to 7d avg − costs−$435as in the Price arb table
costs, in and out, $10k−$4614.611% of the position
Funding, last 7 days+0.090%+$9 on $10k
+Price spread, last 7 days−0.296%−$30 · spread now +0.349%, 7d avg +0.086%
=Both sides work for this trade now. Funding pays +$43 a day on $10k at the current rate, and Bybit is 0.262% dearer against KuCoin than usual: you sell high and buy low: +$26 more if the spread goes back to its 7-day average of +0.086%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.090% in total (about 4.7% a year). A funding rate is set anew for every payment. 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 | 0.1205 | 0.0100 | pay 0.0050% / 4h | 3h 55m | $752K | $204K | 30x |
| Short | Bybit STGUSDT | 0.1209 | 0.1520 | get 0.1520% / 8h | 3h 55m | $1.1M | $2.4M | 25x |
KuCoin STGUSDTM
Bybit STGUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $298.15
- Price spread: +0.349% → +0.086%
- $26.24
- Slippage, 4 orders
- −$438.15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$136.76
- Costs to cover
- 4.611%
- Break-even
- 10.2 days
Slippage from KuCoin: live order book, 29 min ago; Bybit: live order book, 1 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, 29 min ago | 8.32 bp | 114.2 bp −$114 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 6.63 bp | 74.5 bp −$75 | 294.9 bp −$2,949 | 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 | 0.1205 | long leg | $752K | $204K | 30x | |
| Binance STGUSDT | +0.0257% | 4h | 0.1209 | +0.332% | $2.6M | $5.4M | 20x | as long as short |
| Bitget STGUSDT | +0.0328% | 4h | 0.1208 | +0.249% | $432K | $1.6M | 50x | as long as short |
| Gate STG_USDT | +0.0548% | 4h | 0.1207 | +0.166% | $107K | $150K | 25x | as long as short |
| Aster STGUSDT | +0.0920% | 4h | 0.1206 | +0.083% | $14K | $46K | 5x | as long as short |
| Variational Omni STG | +0.1100% | 8h | 0.1208 | +0.277% | $32K | $73K | — | as long as short |
| BingX STG-USDT | +0.1370% | 4h | 0.1207 | +0.166% | — | $1.2M | — | as long as short |
| Bybit STGUSDTshort | +0.1520% | 8h | 0.1209 | +0.349% | $1.1M | $2.4M | 25x | |
| MEXC STG_USDT | +0.1521% | 8h | 0.1205 | 0.000% | $265K | $84K | 20x | as long as short |
| Kraken Futures PF_STGUSD | +0.5112% | 1h | 0.1209 | +0.343% | $9K | $10K | 10x | as long as short |
Binance STGUSDT
Bitget STGUSDT
Gate STG_USDT
Aster STGUSDT
Variational Omni STG
BingX STG-USDT
MEXC STG_USDT
Kraken Futures PF_STGUSD