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

STG

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.4487%/8h= −491.4% APRpaid last 24h −0.329%
Price spread now: Bitget against Kraken Futures−0.002%48s7-day average · you buy dearer than you sell
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−0.132%−$13 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: −$135 a day on $10k at the current rate. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.132% in total (about -6.9% 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
LongKraken Futures PF_STGUSD0.12050.4703pay 0.0588% / 1h16m 28s$9K$10K10x
ShortBitget STGUSDT0.12050.0216get 0.0108% / 4h16m 28s$427K$1.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Kraken Futures. 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
−$942.35
Price spread: −0.002% → 0.000%
−$0.17
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$964.52
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Bitget: live order book, just now. 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 Kraken Futures no order-book sample
Sell Bitget live order book, just now8.30 bp31.7 bp −$32217.1 bp −$2,171doesn't fitdoesn't fit
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
Gate STG_USDT+0.0100%4h0.1205−0.002%$106K$153K25xas long as short
KuCoin STGUSDTM+0.0100%4h0.1200−0.417%$744K$201K30xas long as short
Binance STGUSDT+0.0164%4h0.1205−0.031%$2.6M$5.5M20xas long as short
Bitget STGUSDTshort+0.0216%4h0.1205−0.002%$427K$1.6M50x
Aster STGUSDT+0.0821%4h0.1201−0.361%$14K$46K5xas long as short
Variational Omni STG+0.1013%8h0.1201−0.365%$32K$88Kas long as short
BingX STG-USDT+0.1344%4h0.1203−0.168%$1.2Mas long as short
MEXC STG_USDT+0.1497%8h0.1204−0.085%$265K$86K20xas long as short
Bybit STGUSDT+0.1499%8h0.1206+0.048%$1.1M$2.4M25xas long as short
Kraken Futures PF_STGUSDlong+0.4703%1h0.1205long leg$9K$10K10x