Funding you earn now, next payment 04:00 UTC−0.0850%/8h= −93.1% APRpaid last 24h −0.039%
Price spread now: Bitget against Bybit−0.049%7-day average −0.061% · you buy dearer than you sell
Net, funding: paid 7d − costs−$201as in the Funding arb table
Net, price: spread back to 7d avg − costs−$194as in the Price arb table
costs, in and out, $10k−$1951.952% of the position
Funding, last 7 days−0.059%−$6 on $10k
+Price spread, last 7 days+0.039%+$4 · spread now −0.049%, 7d avg −0.061%
=The price spread sits at its 7-day average of −0.061%, so right now this pair is about funding alone: −$26 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 -0.059% 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit STGUSDT | 0.1234 | 0.0950 | pay 0.0950% / 8h | 7h 07m | $1.1M | $2.3M | 25x |
| Short | Bitget STGUSDT | 0.1233 | 0.0100 | get 0.0050% / 4h | 3h 07m | $445K | $1.5M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Bybit. 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
- −$178.51
- Price spread: −0.049% → −0.061%
- $1.29
- Slippage, 4 orders
- −$172.23
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$372.46
- Costs to cover
- 1.952%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 5 min ago; Bitget: live order book, 5 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 Bybit live order book, 5 min ago | 6.47 bp | 59.3 bp −$59 | 562.2 bp −$5,622 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 8.11 bp | 31.6 bp −$32 | 284.3 bp −$2,843 | 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 | 0.1232 | −0.113% | $2.7M | $5.9M | 20x | as long as short |
| Gate STG_USDT | +0.0100% | 4h | 0.1234 | +0.032% | $106K | $176K | 25x | as long as short |
| KuCoin STGUSDTM | +0.0100% | 4h | 0.1233 | −0.049% | $766K | $181K | 30x | as long as short |
| Bitget STGUSDTshort | +0.0100% | 4h | 0.1233 | −0.049% | $445K | $1.5M | 50x | |
| Variational Omni STG | +0.0408% | 8h | 0.1234 | +0.069% | $28K | $90K | — | as long as short |
| Aster STGUSDT | +0.0543% | 4h | 0.1234 | +0.043% | $15K | $54K | 5x | as long as short |
| Bybit STGUSDTlong | +0.0950% | 8h | 0.1234 | long leg | $1.1M | $2.3M | 25x | |
| MEXC STG_USDT | +0.0998% | 8h | 0.1235 | +0.113% | $272K | $87K | 20x | as long as short |
| BingX STG-USDT | +0.1022% | 4h | 0.1234 | +0.032% | — | $1.2M | — | as long as short |
| Kraken Futures PF_STGUSD | +0.1386% | 1h | 0.1239 | +0.427% | $9K | $10K | 10x | as long as short |
Bybit STGUSDT
Bitget STGUSDT
Binance STGUSDT
Gate STG_USDT
KuCoin STGUSDTM
Variational Omni STG
Aster STGUSDT
MEXC STG_USDT
BingX STG-USDT
Kraken Futures PF_STGUSD