Funding you earn now, next payment 12:00 UTC+0.0212%/8h= +23.2% APRnext payment +$1.06 per $10,000 · paid last 24h +0.095%
Price spread now: BingX against Gate+0.082%7-day average +0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$287as in the Funding arb table
Net, price: spread back to 7d avg − costs−$297as in the Price arb table
costs, in and out, $10k−$3033.033% of the position
Funding, last 7 days+0.161%+$16 on $10k
+Price spread, last 7 days−0.182%−$18 · spread now +0.082%, 7d avg +0.015%
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and BingX is 0.068% dearer against Gate than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.015%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate STG_USDT | 0.1213 | 0.1978 | pay 0.0989% / 4h | 3h 46m | $120K | $162K | 25x |
| Short | BingX STG-USDT | 0.1214 | 0.2190 | get 0.1095% / 4h | 3h 46m | — | $1.2M | — |
Gate STG_USDT
BingX STG-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Gate. 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
- $44.52
- Price spread: +0.082% → +0.015%
- $6.79
- Slippage, 4 orders
- −$278.3
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$251.99
- Costs to cover
- 3.033%
- Break-even
- 46.6 days
Slippage from Gate: live order book, 44 min ago; BingX: live order book, 9 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 Gate live order book, 44 min ago | 8.23 bp | 114.9 bp −$115 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 9 min ago | 12.37 bp | 20.9 bp −$21 | 114.9 bp −$1,149 | 362.6 bp −$36.3K | 390.9 bp −$195.5K |
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 | 0.1210 | −0.247% | $745K | $225K | 30x | as long as short |
| Variational Omni STG | +0.1351% | 8h | 0.1214 | +0.054% | $33K | $59K | — | as long as short |
| Binance STGUSDT | +0.1416% | 4h | 0.1213 | 0.000% | $2.6M | $5.0M | 20x | as long as short |
| Bitget STGUSDT | +0.1420% | 4h | 0.1213 | 0.000% | $436K | $1.7M | 50x | as long as short |
| Gate STG_USDTlong | +0.1978% | 4h | 0.1213 | long leg | $120K | $162K | 25x | |
| Aster STGUSDT | +0.1980% | 4h | 0.1212 | −0.041% | $15K | $44K | 5x | as long as short |
| Bybit STGUSDT | +0.1989% | 8h | 0.1212 | −0.058% | $1.1M | $2.4M | 25x | as long as short |
| MEXC STG_USDT | +0.2099% | 8h | 0.1211 | −0.165% | $266K | $85K | 20x | as long as short |
| BingX STG-USDTshort | +0.2190% | 4h | 0.1214 | +0.082% | — | $1.2M | — | |
| Kraken Futures PF_STGUSD | +0.7436% | 1h | 0.1217 | +0.338% | $9K | $8K | 10x | as long as short |
KuCoin STGUSDTM
Variational Omni STG
Binance STGUSDT
Bitget STGUSDT
Aster STGUSDT
Bybit STGUSDT
MEXC STG_USDT
Kraken Futures PF_STGUSD