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

STG

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Alert: funding
Alert: spread
Funding you earn now, next payment 20:00 UTC0.0000%/8hpaid last 24h −0.003%
Price spread now: BingX against Bybit−0.125%7-day average −0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$160as in the Funding arb table
Net, price: spread back to 7d avg − costs−$172as in the Price arb table
costs, in and out, $10k−$1631.632% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.031%+$3 on $10k
Price spread, last 7 days+0.103%+$10 · spread now −0.125%, 7d avg −0.037%
Together, before fees+0.135%+$13 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: BingX is 0.088% cheaper against Bybit than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of −0.037%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit STGUSDT0.11980.0100pay 0.0100% / 8h4h 32m$1.0M$2.7M25x
ShortBingX STG-USDT0.11970.0100get 0.0050% / 4h32m 11s$1.2M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Bybit. 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: −0.125% → −0.037%
−$8.84
Slippage, 4 orders
−$142.19
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BingX: 5 bp × 2 orders
−$10
Net
−$172.03
Costs to cover
1.632%
Break-even
never at this rate
Slippage from Bybit: live order book, 7 min ago; BingX: live order book, 34 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 Bybit live order book, 7 min ago3.75 bp65.0 bp −$65379.3 bp −$3,793doesn't fitdoesn't fit
Sell BingX live order book, 34 min ago12.45 bp24.1 bp −$2475.7 bp −$757334.3 bp −$33.4K367.8 bp −$183.9K

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%4h0.1197−0.106%$18K$69K5xas long as short
Binance STGUSDT+0.0100%4h0.1198−0.059%$2.7M$6.6M20xas long as short
Bybit STGUSDTlong+0.0100%8h0.1198long leg$1.0M$2.7M25x
Gate STG_USDT+0.0100%4h0.1196−0.209%$103K$264K25xas long as short
MEXC STG_USDT+0.0100%8h0.1199+0.042%$264K$85K20xas long as short
KuCoin STGUSDTM+0.0100%4h0.1197−0.125%$762K$187K30xas long as short
Bitget STGUSDT+0.0100%4h0.1197−0.125%$428K$1.4M50xas long as short
BingX STG-USDTshort+0.0100%4h0.1197−0.125%$1.2M
Variational Omni STG+0.0100%8h0.1197−0.154%$15K$88Kas long as short
Kraken Futures PF_STGUSD+0.1358%1h0.1203+0.347%$9K$9K10xas long as short