Funding you earn now, next payment 04:00 UTC+0.0748%/8h= +82.0% APRpaid last 24h +0.037%
Price spread now: Bybit against KuCoin+0.343%7-day average +0.085% · you sell dearer than you buy
Net, funding: paid 7d − costs−$386as in the Funding arb table
Net, price: spread back to 7d avg − costs−$370as in the Price arb table
costs, in and out, $10k−$3953.955% of the position
Funding, last 7 days+0.090%+$9 on $10k
+Price spread, last 7 days−0.274%−$27 · spread now +0.343%, 7d avg +0.085%
=Both sides work for this trade now. Funding pays +$22 a day on $10k at the current rate, and Bybit is 0.259% dearer against KuCoin than usual: you sell high and buy low: +$26 more if the spread goes back to its 7-day average of +0.085%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.090% in total (about 4.7% 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin STGUSDTM | 0.1224 | 0.0100 | pay 0.0050% / 4h | 2h 15m | $764K | $194K | 30x |
| Short | Bybit STGUSDT | 0.1228 | 0.0848 | get 0.0848% / 8h | 6h 15m | $1.1M | $2.4M | 25x |
KuCoin STGUSDTM
Bybit STGUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $157.18
- Price spread: +0.343% → +0.085%
- $25.86
- Slippage, 4 orders
- −$372.47
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$212.43
- Costs to cover
- 3.955%
- Break-even
- 16.5 days
Slippage from KuCoin: live order book, 24 min ago; Bybit: live order book, 2 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, 24 min ago | 16.25 bp | 97.1 bp −$97 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 6.49 bp | 84.0 bp −$84 | 317.0 bp −$3,170 | doesn't fit | doesn't fit |
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 | 0.1226 | +0.163% | $2.7M | $5.9M | 20x | as long as short |
| Gate STG_USDT | +0.0100% | 4h | 0.1226 | +0.163% | $108K | $175K | 25x | as long as short |
| KuCoin STGUSDTMlong | +0.0100% | 4h | 0.1224 | long leg | $764K | $194K | 30x | |
| Bitget STGUSDT | +0.0100% | 4h | 0.1226 | +0.163% | $440K | $1.6M | 50x | as long as short |
| Aster STGUSDT | +0.0474% | 4h | 0.1228 | +0.326% | $15K | $54K | 5x | as long as short |
| Variational Omni STG | +0.0483% | 8h | 0.1232 | +0.692% | $27K | $90K | — | as long as short |
| BingX STG-USDT | +0.0726% | 4h | 0.1225 | +0.082% | — | $1.2M | — | as long as short |
| MEXC STG_USDT | +0.0818% | 8h | 0.1227 | +0.245% | $270K | $86K | 20x | as long as short |
| Bybit STGUSDTshort | +0.0848% | 8h | 0.1228 | +0.343% | $1.1M | $2.4M | 25x | |
| Kraken Futures PF_STGUSD | +0.2573% | 1h | 0.1231 | +0.534% | $9K | $10K | 10x | as long as short |
Binance STGUSDT
Gate STG_USDT
Bitget STGUSDT
Aster STGUSDT
Variational Omni STG
BingX STG-USDT
MEXC STG_USDT
Kraken Futures PF_STGUSD