Funding you earn now, next payment 08:00 UTC+0.0162%/8h= +17.7% APRpaid last 24h −0.045%
Price spread now: Bybit against BingX+0.066%7-day average +0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$213as in the Funding arb table
Net, price: spread back to 7d avg − costs−$203as in the Price arb table
costs, in and out, $10k−$2062.056% of the position
Funding, last 7 days−0.077%−$8 on $10k
+Price spread, last 7 days−0.077%−$8 · spread now +0.066%, 7d avg +0.039%
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Bybit is 0.027% dearer against BingX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.039%. Mind the row above: over the last 7 days funding on this pair cost −0.077%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX STG-USDT | 0.1204 | 0.1410 | pay 0.0705% / 4h | 2h 52m | — | $1.2M | — |
| Short | Bybit STGUSDT | 0.1205 | 0.1572 | get 0.1572% / 8h | 2h 52m | $1.1M | $2.4M | 25x |
BingX STG-USDT
Bybit STGUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $33.95
- Price spread: +0.066% → +0.039%
- $2.75
- Slippage, 4 orders
- −$184.6
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$168.91
- Costs to cover
- 2.056%
- Break-even
- 41.8 days
Slippage from BingX: live order book, 8 min ago; Bybit: live order book, 5 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, 8 min ago | 8.31 bp | 22.2 bp −$22 | 110.2 bp −$1,102 | 395.4 bp −$39.5K | 423.1 bp −$211.6K |
| Sell Bybit live order book, 5 min ago | 5.39 bp | 72.1 bp −$72 | 286.7 bp −$2,867 | 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 STGUSDTM | +0.0100% | 4h | 0.1202 | −0.166% | $745K | $210K | 30x | as long as short |
| Gate STG_USDT | +0.0472% | 4h | 0.1205 | +0.083% | $108K | $149K | 25x | as long as short |
| Binance STGUSDT | +0.0839% | 4h | 0.1206 | +0.142% | $2.6M | $5.4M | 20x | as long as short |
| Bitget STGUSDT | +0.0952% | 4h | 0.1205 | +0.083% | $439K | $1.7M | 50x | as long as short |
| Variational Omni STG | +0.1256% | 8h | 0.1205 | +0.061% | $32K | $67K | — | as long as short |
| BingX STG-USDTlong | +0.1410% | 4h | 0.1204 | long leg | — | $1.2M | — | |
| Aster STGUSDT | +0.1481% | 4h | 0.1204 | +0.029% | $14K | $46K | 5x | as long as short |
| MEXC STG_USDT | +0.1570% | 8h | 0.1204 | 0.000% | $265K | $84K | 20x | as long as short |
| Bybit STGUSDTshort | +0.1572% | 8h | 0.1205 | +0.066% | $1.1M | $2.4M | 25x | |
| Kraken Futures PF_STGUSD | +0.3985% | 1h | 0.1209 | +0.429% | $9K | $8K | 10x | as long as short |
KuCoin STGUSDTM
Gate STG_USDT
Binance STGUSDT
Bitget STGUSDT
Variational Omni STG
Aster STGUSDT
MEXC STG_USDT
Kraken Futures PF_STGUSD