Funding you earn now, next payment 08:00 UTC+0.0232%/8h= +25.4% APRnext payment +$1.16 per $10,000 · paid last 24h +0.004%
Price spread now: Bitget against Binance+0.083%7-day average −0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$121as in the Funding arb table
Net, price: spread back to 7d avg − costs−$122as in the Price arb table
costs, in and out, $10k−$1331.330% of the position
Funding, last 7 days+0.116%+$12 on $10k
+Price spread, last 7 days−0.039%−$4 · spread now +0.083%, 7d avg −0.025%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Bitget is 0.108% dearer against Binance than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.025%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.116% in total (about 6.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.16 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 | Binance STGUSDT | 0.1198 | 0.0934 | pay 0.0467% / 4h | 1h 33m | $2.6M | $5.2M | 20x |
| Short | Bitget STGUSDT | 0.1199 | 0.1166 | get 0.0583% / 4h | 1h 33m | $435K | $1.7M | 50x |
Binance STGUSDT
Bitget STGUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Binance. 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
- $48.66
- Price spread: +0.083% → −0.025%
- $10.82
- Slippage, 4 orders
- −$111.01
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$73.53
- Costs to cover
- 1.330%
- Break-even
- 17.6 days
Slippage from Binance: live order book, 4 min ago; Bitget: live order book, 4 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 Binance live order book, 4 min ago | 8.35 bp | 37.4 bp −$37 | 453.9 bp −$4,539 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 8.35 bp | 35.7 bp −$36 | 208.1 bp −$2,081 | 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin STGUSDTM | +0.0100% | 4h | 0.1195 | −0.250% | $750K | $214K | 30x | as long as short |
| Gate STG_USDT | +0.0294% | 4h | 0.1198 | 0.000% | $112K | $148K | 25x | as long as short |
| Binance STGUSDTlong | +0.0934% | 4h | 0.1198 | long leg | $2.6M | $5.2M | 20x | |
| Bitget STGUSDTshort | +0.1166% | 4h | 0.1199 | +0.083% | $435K | $1.7M | 50x | |
| Variational Omni STG | +0.1226% | 8h | 0.1197 | −0.068% | $33K | $64K | — | as long as short |
| BingX STG-USDT | +0.1246% | 4h | 0.1197 | −0.083% | — | $1.2M | — | as long as short |
| Bybit STGUSDT | +0.1355% | 8h | 0.1199 | +0.075% | $1.1M | $2.3M | 25x | as long as short |
| MEXC STG_USDT | +0.1357% | 8h | 0.1197 | −0.083% | $263K | $85K | 20x | as long as short |
| Aster STGUSDT | +0.1557% | 4h | 0.1198 | −0.033% | $14K | $43K | 5x | as long as short |
| Kraken Futures PF_STGUSD | +0.6250% | 1h | 0.1203 | +0.443% | $9K | $8K | 10x | as long as short |
KuCoin STGUSDTM
Gate STG_USDT
Variational Omni STG
BingX STG-USDT
Bybit STGUSDT
MEXC STG_USDT
Aster STGUSDT
Kraken Futures PF_STGUSD