Funding you earn now, next payment 04:00 UTC+0.1268%/8h= +138.8% APRnext payment +$6.34 per $10,000 · paid last 24h +0.016%
Price spread now: BingX against KuCoin+0.246%7-day average +0.046% · you sell dearer than you buy
Net, funding: paid 7d − costs−$238as in the Funding arb table
Net, price: spread back to 7d avg − costs−$229as in the Price arb table
costs, in and out, $10k−$2492.489% of the position
Funding, last 7 days+0.104%+$10 on $10k
+Price spread, last 7 days−0.213%−$21 · spread now +0.246%, 7d avg +0.046%
=Both sides work for this trade now. Funding pays +$38 a day on $10k at the current rate, and BingX is 0.200% dearer against KuCoin than usual: you sell high and buy low: +$20 more if the spread goes back to its 7-day average of +0.046%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.104% in total (about 5.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$6.34 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin STGUSDTM | 0.1218 | 0.0100 | pay 0.0050% / 4h | 1h 26m | $769K | $202K | 30x |
| Short | BingX STG-USDT | 0.1221 | 0.1368 | get 0.0684% / 4h | 1h 26m | — | $1.2M | — |
KuCoin STGUSDTM
BingX STG-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against KuCoin. 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
- $266.28
- Price spread: +0.246% → +0.046%
- $20.02
- Slippage, 4 orders
- −$226.86
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $37.44
- Costs to cover
- 2.489%
- Break-even
- 6.0 days
Slippage from KuCoin: live order book, 8 min ago; BingX: live order book, 3 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 KuCoin live order book, 8 min ago | 16.43 bp | 122.5 bp −$122 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 3 min ago | 12.27 bp | 20.4 bp −$20 | 65.5 bp −$655 | 310.8 bp −$31.1K | 337.7 bp −$168.9K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Binance STGUSDT | +0.0100% | 4h | 0.1222 | +0.328% | $2.7M | $5.8M | 20x | as long as short |
| Gate STG_USDT | +0.0100% | 4h | 0.1221 | +0.246% | $108K | $161K | 25x | as long as short |
| KuCoin STGUSDTMlong | +0.0100% | 4h | 0.1218 | long leg | $769K | $202K | 30x | |
| Bitget STGUSDT | +0.0100% | 4h | 0.1222 | +0.328% | $445K | $1.6M | 50x | as long as short |
| Aster STGUSDT | +0.0726% | 4h | 0.1222 | +0.294% | $15K | $50K | 5x | as long as short |
| Variational Omni STG | +0.0788% | 8h | 0.1222 | +0.291% | $27K | $81K | — | as long as short |
| BingX STG-USDTshort | +0.1368% | 4h | 0.1221 | +0.246% | — | $1.2M | — | |
| MEXC STG_USDT | +0.1556% | 8h | 0.1221 | +0.246% | $269K | $86K | 20x | as long as short |
| Bybit STGUSDT | +0.1563% | 8h | 0.1224 | +0.484% | $1.1M | $2.4M | 25x | as long as short |
| Kraken Futures PF_STGUSD | +0.3303% | 1h | 0.1225 | +0.600% | $9K | $10K | 10x | as long as short |
Binance STGUSDT
Gate STG_USDT
Bitget STGUSDT
Aster STGUSDT
Variational Omni STG
MEXC STG_USDT
Bybit STGUSDT
Kraken Futures PF_STGUSD