Funding you earn now, next payment 08:00 UTC+0.1201%/8h= +131.5% APRpaid last 24h +0.030%
Price spread now: Bybit against Binance+0.050%7-day average +0.041% · you sell dearer than you buy
Net, funding: paid 7d − costs−$237as in the Funding arb table
Net, price: spread back to 7d avg − costs−$253as in the Price arb table
costs, in and out, $10k−$2542.537% of the position
Funding, last 7 days+0.165%+$17 on $10k
+Price spread, last 7 days−0.094%−$9 · spread now +0.050%, 7d avg +0.041%
=The price spread sits at its 7-day average of +0.041%, so right now this pair is about funding alone: +$36 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.165% in total (about 8.6% 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 | Binance STGUSDT | 0.1210 | 0.0343 | pay 0.0171% / 4h | 3h 50m | $2.6M | $5.4M | 20x |
| Short | Bybit STGUSDT | 0.1210 | 0.1544 | get 0.1544% / 8h | 3h 50m | $1.1M | $2.4M | 25x |
Binance STGUSDT
Bybit STGUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $252.23
- Price spread: +0.050% → +0.041%
- $0.88
- Slippage, 4 orders
- −$232.74
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$0.62
- Costs to cover
- 2.537%
- Break-even
- 7.0 days
Slippage from Binance: live order book, 3 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 Binance live order book, 3 min ago | 4.12 bp | 40.5 bp −$41 | 415.5 bp −$4,155 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 7.43 bp | 83.5 bp −$84 | 304.0 bp −$3,040 | 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 | 0.1209 | −0.041% | $757K | $205K | 30x | as long as short |
| Binance STGUSDTlong | +0.0343% | 4h | 0.1210 | long leg | $2.6M | $5.4M | 20x | |
| Gate STG_USDT | +0.0364% | 4h | 0.1210 | +0.041% | $108K | $151K | 25x | as long as short |
| Bitget STGUSDT | +0.0384% | 4h | 0.1210 | +0.041% | $435K | $1.6M | 50x | as long as short |
| Aster STGUSDT | +0.0994% | 4h | 0.1206 | −0.289% | $14K | $46K | 5x | as long as short |
| Variational Omni STG | +0.1128% | 8h | 0.1211 | +0.131% | $32K | $73K | — | as long as short |
| BingX STG-USDT | +0.1380% | 4h | 0.1208 | −0.124% | — | $1.2M | — | as long as short |
| MEXC STG_USDT | +0.1543% | 8h | 0.1210 | +0.041% | $266K | $84K | 20x | as long as short |
| Bybit STGUSDTshort | +0.1544% | 8h | 0.1210 | +0.050% | $1.1M | $2.4M | 25x | |
| Kraken Futures PF_STGUSD | +0.5103% | 1h | 0.1211 | +0.140% | $9K | $10K | 10x | as long as short |
KuCoin STGUSDTM
Gate STG_USDT
Bitget STGUSDT
Aster STGUSDT
Variational Omni STG
BingX STG-USDT
MEXC STG_USDT
Kraken Futures PF_STGUSD