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

STG

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.1208%/8h= +132.3% APRpaid last 24h +0.154%
Price spread now: Kraken Futures against Bybit+0.007%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.101%−$10 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$36 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.101%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.101% in total (about -5.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit STGUSDT0.12200.0244pay 0.0244% / 8h40m 42s$1.1M$2.3M25x
ShortKraken Futures PF_STGUSD0.12200.1452get 0.0181% / 1h40m 42s$9K$10K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
$253.65
Price spread: +0.007% → 0.000%
$0.74
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$233.39
Costs to cover
0.210%
Break-even
0.6 days
Slippage unknown: Bybit: live order book, 1 min ago; Kraken Futures: no order-book sample. Net counts fees only.

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, 1 min ago0.41 bp66.2 bp −$66361.4 bp −$3,614doesn't fitdoesn't fit
Sell Kraken Futures no order-book sample
Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%4h0.1219−0.048%$16K$55K5xas long as short
Binance STGUSDT+0.0100%4h0.1219−0.053%$2.7M$5.9M20xas long as short
Gate STG_USDT+0.0100%4h0.1218−0.131%$105K$181K25xas long as short
KuCoin STGUSDTM+0.0100%4h0.1219−0.049%$762K$162K30xas long as short
Bitget STGUSDT+0.0100%4h0.1219−0.049%$454K$1.4M50xas long as short
Variational Omni STG+0.0101%8h0.1221+0.139%$27K$90Kas long as short
Bybit STGUSDTlong+0.0244%8h0.1220long leg$1.1M$2.3M25x
MEXC STG_USDT+0.0244%8h0.1218−0.131%$268K$85K20xas long as short
BingX STG-USDT+0.0244%4h0.1219−0.049%$1.2Mas long as short
Kraken Futures PF_STGUSDshort+0.1452%1h0.1220+0.007%$9K$10K10x