Funding you earn now, next payment 08:00 UTC−0.0917%/8h= −100.4% APRnext payment −$4.59 per $10,000 · paid last 24h −0.006%
Price spread now: KuCoin against Binance+0.166%7-day average −0.047% · you sell dearer than you buy
Net, funding: paid 7d − costs−$314as in the Funding arb table
Net, price: spread back to 7d avg − costs−$301as in the Price arb table
costs, in and out, $10k−$3223.219% of the position
Funding, last 7 days+0.076%+$8 on $10k
+Price spread, last 7 days−0.288%−$29 · spread now +0.166%, 7d avg −0.047%
=The price spread pays, funding is against you. KuCoin is 0.213% dearer against Binance than usual: you sell high and buy low (spread +0.166% now, against its 7-day average of −0.047%): +$21 on $10k if it goes back. Holding the pair costs −$28 a day in funding at the current rate, which eats that in about 19 hours. Mind the row above: over the last 7 days funding on this pair paid +0.076%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.076% in total (about 3.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.59 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 | 0.1203 | 0.1017 | pay 0.0509% / 4h | 1h 19m | $2.6M | $5.2M | 20x |
| Short | KuCoin STGUSDTM | 0.1205 | 0.0100 | get 0.0050% / 4h | 1h 19m | $757K | $215K | 30x |
Binance STGUSDT
KuCoin STGUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$192.6
- Price spread: +0.166% → −0.047%
- $21.31
- Slippage, 4 orders
- −$299.91
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$493.2
- Costs to cover
- 3.219%
- Break-even
- never at this rate
Slippage from Binance: live order book, 3 min ago; KuCoin: live order book, 55 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 | 4.15 bp | 32.9 bp −$33 | 467.2 bp −$4,672 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 55 min ago | 20.74 bp | 162.9 bp −$163 | 723.7 bp −$7,237 | 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 STGUSDTMshort | +0.0100% | 4h | 0.1205 | +0.166% | $757K | $215K | 30x | |
| Gate STG_USDT | +0.0410% | 4h | 0.1207 | +0.333% | $115K | $149K | 25x | as long as short |
| Binance STGUSDTlong | +0.1017% | 4h | 0.1203 | long leg | $2.6M | $5.2M | 20x | |
| Bitget STGUSDT | +0.1198% | 4h | 0.1203 | 0.000% | $434K | $1.7M | 50x | as long as short |
| Variational Omni STG | +0.1228% | 8h | 0.1201 | −0.142% | $33K | $60K | — | as long as short |
| BingX STG-USDT | +0.1234% | 4h | 0.1204 | +0.083% | — | $1.2M | — | as long as short |
| MEXC STG_USDT | +0.1369% | 8h | 0.1202 | −0.083% | $264K | $86K | 20x | as long as short |
| Bybit STGUSDT | +0.1372% | 8h | 0.1202 | −0.058% | $1.1M | $2.3M | 25x | as long as short |
| Aster STGUSDT | +0.1637% | 4h | 0.1201 | −0.152% | $14K | $43K | 5x | as long as short |
| Kraken Futures PF_STGUSD | +0.6218% | 1h | 0.1209 | +0.527% | $9K | $8K | 10x | as long as short |
Gate STG_USDT
Bitget STGUSDT
Variational Omni STG
BingX STG-USDT
MEXC STG_USDT
Bybit STGUSDT
Aster STGUSDT
Kraken Futures PF_STGUSD