TxFlow Level Up: trade perps and earn up to 300 USDC at $4M volume. Until Nov 2 Join
Settings8H · net · $10k
LanguageThe language of the site
ThemeDark, or a soft blue-grey
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Funding arb · Price arb / RWA

STM

RWAAll STM markets →
Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
GateSTM_USDT
48.21000.0000% / 8h5m 17s$414K$24K20xLong Gate
SHORT
BinanceSTMUSDT
48.25000.0000% / 8h5m 17s$37K$881K20xShort Binance
Price gap+0.083%
Funding gap0.0000% /8h

Funding is ≈ 0, so this is a price-spread trade: +$40 on $10k if the gap goes back to its 7d average.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$190.0000% /8h now · paid +0.187% over the last 2 days (all we have)
Price+$40spread +0.083% now, avg −0.321% → +0.404% if it goes back
Costs−$5045.036% of $10k · taker + slippage, in and out
Result−$445−4.45%no pointsWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.083%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

STM on 4 exchanges

lowest funding first

Before you open

2 ok · 3 to watch
  • Watch: Thin at this size169.1 / 64.6 bp
    At $10k entering Gate costs 169.1 bp, fee and slippage, 2.6× Binance’s.
  • Note: Margin at max leverage$500 + $500
    Gate 20x, Binance 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval8h / 8h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: $0.00Long Gate: 3 payments, $0.00; short Binance: 3 payments, $0.00.
  • OK: Entry gap works for you+0.083% vs −0.321%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Watch: Short leg is thinner$37K vs $414K OI
    Binance sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCGate Yes · Binance Yes
    KYC before the futures account opens; unverified accounts can only withdraw and close positions.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0374%/8h × 21 periods+$78.52
Price spread+0.083% → −0.321% (7d avg)+$40.41
Slippage, 4 orderslive order books−$480.62
Fee Gate bp × 2 orders−$15.00
Fee Binance bp × 2 orders−$8.00
Net · 7 days · $10k−$384.69
Costs to cover5.036%Break-even41.3 days
Slippage: Gate: live order book, 44 min ago; Binance: live order book, 21 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGGate16.68169.1 bp−$169doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBinance7.3164.6 bp−$65doesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

STM news

posts that mention STM, from every exchangeSearch all news →
10-26 13:01BitgetListingnew market STMUSDT ($STM) seen by our collector
10-26 10:11BinanceListingNew TradFi perps are listed. Trade the following contract on Binance Futures: 🔸 iShares MSCI Indonesia ETF (EIDO) 🔸 EQT Corporation (EQT) 🔸 STMicroelectronics NV (STM) 🔸 AbbVie Inc. (ABBV) Available 24/7, up to 20x leverage. Know more 👉 @binance on X ↗
10-26 09:15BinanceListingnew market STMUSDT ($STM) seen by our collector