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

STG

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0001%/8h= +0.1% APRpaid last 24h +0.078%
Price spread now: Bybit against Binance+0.054%7-day average +0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$230as in the Funding arb table
Net, price: spread back to 7d avg − costs−$244as in the Price arb table
costs, in and out, $10k−$2452.452% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.147%+$15 on $10k
Price spread, last 7 days−0.071%−$7 · spread now +0.054%, 7d avg +0.037%
Together, before fees+0.076%+$8 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance STGUSDT0.12070.0100pay 0.0050% / 4h2h 08m$2.7M$6.1M20x
ShortBybit STGUSDT0.12070.0101get 0.0101% / 8h2h 08m$1.0M$2.4M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
$0.19
Price spread: +0.054% → +0.037%
$1.61
Slippage, 4 orders
−$224.19
Fee Binance: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$243.39
Costs to cover
2.452%
Break-even
9122.9 days
Slippage from Binance: live order book, 15 min ago; Bybit: live order book, 8 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, 15 min ago4.14 bp33.2 bp −$33304.4 bp −$3,044doesn't fitdoesn't fit
Sell Bybit live order book, 8 min ago7.04 bp84.7 bp −$85279.5 bp −$2,795doesn't fitdoesn't fit

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
Aster STGUSDT+0.0100%4h0.1207+0.021%$16K$63K5xas long as short
Binance STGUSDTlong+0.0100%4h0.1207long leg$2.7M$6.1M20x
Gate STG_USDT+0.0100%4h0.1206−0.054%$104K$220K25xas long as short
MEXC STG_USDT+0.0100%8h0.1206−0.054%$265K$87K20xas long as short
KuCoin STGUSDTM+0.0100%4h0.1207+0.029%$776K$164K30xas long as short
Bitget STGUSDT+0.0100%4h0.1206−0.054%$450K$1.4M50xas long as short
BingX STG-USDT+0.0100%4h0.1206−0.054%$1.2Mas long as short
Variational Omni STG+0.0100%8h0.1205−0.098%$27K$96Kas long as short
Bybit STGUSDTshort+0.0101%8h0.1207+0.054%$1.0M$2.4M25x
Kraken Futures PF_STGUSD+0.4294%1h0.1209+0.221%$9K$10K10xas long as short