Settings8H · net · $10k
Funding arb · Price arb /

STG

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.3360%/8h= +367.9% APRpaid last 24h +0.310%
Price spread now: Kraken Futures against BingX+0.080%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.059%+$6 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$101 a day on $10k at the current rate, and Kraken Futures is 0.080% dearer against BingX than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.059% in total (about 3.1% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX STG-USDT0.12040.1344pay 0.0672% / 4h15m 30s$1.2M
ShortKraken Futures PF_STGUSD0.12050.4704get 0.0588% / 1h15m 30s$9K$10K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against BingX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$705.52
Price spread: +0.080% → 0.000%
$8.02
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$693.54
Costs to cover
0.200%
Break-even
0.1 days
Slippage unknown: BingX: live order book, 14 min ago; Kraken Futures: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 14 min ago12.46 bp27.5 bp −$2771.1 bp −$711384.4 bp −$38.4K417.0 bp −$208.5K
Sell Kraken Futures no order-book sample
Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

STG on 10 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate STG_USDT+0.0100%4h0.1205+0.083%$106K$153K25xas long as short
KuCoin STGUSDTM+0.0100%4h0.12040.000%$747K$201K30xas long as short
Binance STGUSDT+0.0177%4h0.1205+0.118%$2.6M$5.5M20xas long as short
Bitget STGUSDT+0.0220%4h0.1206+0.166%$428K$1.6M50xas long as short
Aster STGUSDT+0.0837%4h0.1202−0.182%$14K$46K5xas long as short
Variational Omni STG+0.1034%8h0.1205+0.120%$32K$88Kas long as short
BingX STG-USDTlong+0.1344%4h0.1204long leg$1.2M
Bybit STGUSDT+0.1494%8h0.1206+0.199%$1.1M$2.4M25xas long as short
MEXC STG_USDT+0.1498%8h0.1206+0.166%$265K$86K20xas long as short
Kraken Futures PF_STGUSDshort+0.4704%1h0.1205+0.080%$9K$10K10x