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

STO

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%
Price spread now: Bitget against Binance+0.119%7-day average +0.097% · you sell dearer than you buy
Net, funding: paid 7d − costs−$154as in the Funding arb table
Net, price: spread back to 7d avg − costs−$155as in the Price arb table
costs, in and out, $10k−$1581.575% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.037%+$4 on $10k
Price spread, last 4 days (all we have)−0.065%−$6 · spread now +0.119%, 7d avg +0.097%
Together, before fees−0.027%−$3 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: Bitget is 0.022% dearer against Binance than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.097%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance STOUSDT0.041660.0100pay 0.0050% / 4h2h 42m$3.4M$1.5M20x
ShortBitget STOUSDT0.041710.0100get 0.0050% / 4h2h 42m$320K$25K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Binance. 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
Price spread: +0.119% → +0.097%
$2.18
Slippage, 4 orders
−$135.5
Fee Binance: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$155.33
Costs to cover
1.575%
Break-even
never at this rate
Slippage from Binance: live order book, 8 min ago; Bitget: live order book, 63 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 Binance live order book, 8 min ago2.39 bp24.8 bp −$25139.3 bp −$1,393doesn't fitdoesn't fit
Sell Bitget live order book, 63 min ago5.95 bp44.4 bp −$44772.6 bp −$7,726doesn't fitdoesn't fit

STO on 9 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
Gate STO_USDT−0.0086%4h0.04174+0.191%$249K$119K25xas long as short
Aster STOUSDT+0.0100%4h0.04170+0.098%$26K$1K5xas long as short
Binance STOUSDTlong+0.0100%4h0.04166long leg$3.4M$1.5M20x
Bybit STOUSDT+0.0100%4h0.04177+0.263%$716K$280K13xas long as short
MEXC STO_USDT+0.0100%4h0.04168+0.047%$771K$101K50xas long as short
Bitget STOUSDTshort+0.0100%4h0.04171+0.119%$320K$25K10x
BingX STO-USDT+0.0100%4h0.04168+0.047%$6.5Mas long as short
Variational Omni STO+0.0248%4h0.04183+0.402%$4K$213as long as short
KuCoin STOUSDTM+0.0690%4h0.04185+0.455%$998K$18K25xas long as short