Funding you earn now, next payment 04:00 UTC−0.1216%/8h= −133.2% APRnext payment −$6.08 per $10,000 · paid last 24h −0.019%
Price spread now: Bitget against BingX−0.082%7-day average −0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$120as in the Funding arb table
Net, price: spread back to 7d avg − costs−$119as in the Price arb table
costs, in and out, $10k−$1131.128% of the position
Funding, last 7 days−0.073%−$7 on $10k
+Price spread, last 7 days+0.081%+$8 · spread now −0.082%, 7d avg −0.024%
=Both sides work against this trade now: funding costs −$36 a day on $10k at the current rate, and Bitget is 0.057% cheaper against BingX than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.024%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.073% in total (about -3.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$6.08 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 | BingX STG-USDT | 0.1224 | 0.1316 | pay 0.0658% / 4h | 1h 34m | — | $1.2M | — |
| Short | Bitget STGUSDT | 0.1223 | 0.0100 | get 0.0050% / 4h | 1h 34m | $441K | $1.6M | 50x |
BingX STG-USDT
Bitget STGUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against BingX. 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
- −$255.36
- Price spread: −0.082% → −0.024%
- −$5.75
- Slippage, 4 orders
- −$90.8
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$373.91
- Costs to cover
- 1.128%
- Break-even
- never at this rate
Slippage from BingX: live order book, 10 min ago; Bitget: 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 BingX live order book, 10 min ago | 8.16 bp | 13.2 bp −$13 | 98.1 bp −$981 | 378.4 bp −$37.8K | 406.4 bp −$203.2K |
| Sell Bitget live order book, 2 min ago | 8.16 bp | 37.9 bp −$38 | 355.2 bp −$3,552 | 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 | 0.1224 | 0.000% | $2.7M | $5.9M | 20x | as long as short |
| Gate STG_USDT | +0.0100% | 4h | 0.1225 | +0.082% | $108K | $161K | 25x | as long as short |
| KuCoin STGUSDTM | +0.0100% | 4h | 0.1222 | −0.163% | $770K | $201K | 30x | as long as short |
| Bitget STGUSDTshort | +0.0100% | 4h | 0.1223 | −0.082% | $441K | $1.6M | 50x | |
| Aster STGUSDT | +0.0702% | 4h | 0.1224 | +0.009% | $15K | $50K | 5x | as long as short |
| Variational Omni STG | +0.0761% | 8h | 0.1226 | +0.189% | $27K | $81K | — | as long as short |
| BingX STG-USDTlong | +0.1316% | 4h | 0.1224 | long leg | — | $1.2M | — | |
| MEXC STG_USDT | +0.1480% | 8h | 0.1225 | +0.082% | $270K | $85K | 20x | as long as short |
| Bybit STGUSDT | +0.1486% | 8h | 0.1225 | +0.082% | $1.1M | $2.4M | 25x | as long as short |
| Kraken Futures PF_STGUSD | +0.3298% | 1h | 0.1227 | +0.247% | $9K | $10K | 10x | as long as short |
Binance STGUSDT
Gate STG_USDT
KuCoin STGUSDTM
Aster STGUSDT
Variational Omni STG
MEXC STG_USDT
Bybit STGUSDT
Kraken Futures PF_STGUSD