Funding you earn now, next payment 04:00 UTC−0.0892%/8h= −97.7% APRnext payment −$4.46 per $10,000 · paid last 24h −0.082%
Price spread now: Binance against BingX−0.163%7-day average −0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$144as in the Funding arb table
Net, price: spread back to 7d avg − costs−$142as in the Price arb table
costs, in and out, $10k−$1261.258% of the position
Funding, last 7 days−0.186%−$19 on $10k
+Price spread, last 7 days+0.185%+$19 · spread now −0.163%, 7d avg −0.003%
=Both sides work against this trade now: funding costs −$27 a day on $10k at the current rate, and Binance is 0.160% cheaper against BingX than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of −0.003%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.186% in total (about -9.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.46 per $10,000. 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 | BingX STG-USDT | 0.1225 | 0.0992 | pay 0.0496% / 4h | 2h 00m | — | $1.2M | — |
| Short | Binance STGUSDT | 0.1223 | 0.0100 | get 0.0050% / 4h | 2h 00m | $2.7M | $5.9M | 20x |
BingX STG-USDT
Binance STGUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BingX. 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
- −$187.32
- Price spread: −0.163% → −0.003%
- −$16.05
- Slippage, 4 orders
- −$105.77
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$329.13
- Costs to cover
- 1.258%
- Break-even
- never at this rate
Slippage from BingX: live order book, 10 min ago; Binance: live order book, 8 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 BingX live order book, 10 min ago | 12.26 bp | 27.6 bp −$28 | 119.2 bp −$1,192 | 399.6 bp −$40.0K | 427.7 bp −$213.9K |
| Sell Binance live order book, 8 min ago | 4.09 bp | 40.8 bp −$41 | 255.7 bp −$2,557 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance STGUSDTshort | +0.0100% | 4h | 0.1223 | −0.163% | $2.7M | $5.9M | 20x | |
| Gate STG_USDT | +0.0100% | 4h | 0.1226 | +0.082% | $108K | $177K | 25x | as long as short |
| KuCoin STGUSDTM | +0.0100% | 4h | 0.1222 | −0.245% | $761K | $200K | 30x | as long as short |
| Bitget STGUSDT | +0.0100% | 4h | 0.1224 | −0.082% | $439K | $1.6M | 50x | as long as short |
| Variational Omni STG | +0.0588% | 8h | 0.1228 | +0.223% | $27K | $90K | — | as long as short |
| Aster STGUSDT | +0.0593% | 4h | 0.1226 | +0.059% | $15K | $54K | 5x | as long as short |
| BingX STG-USDTlong | +0.0992% | 4h | 0.1225 | long leg | — | $1.2M | — | |
| MEXC STG_USDT | +0.1137% | 8h | 0.1227 | +0.163% | $270K | $87K | 20x | as long as short |
| Bybit STGUSDT | +0.1158% | 8h | 0.1226 | +0.057% | $1.1M | $2.5M | 25x | as long as short |
| Kraken Futures PF_STGUSD | +0.2575% | 1h | 0.1229 | +0.337% | $9K | $10K | 10x | as long as short |
Gate STG_USDT
KuCoin STGUSDTM
Bitget STGUSDT
Variational Omni STG
Aster STGUSDT
MEXC STG_USDT
Bybit STGUSDT
Kraken Futures PF_STGUSD