Funding you earn now, next payment 08:00 UTC−0.0920%/8h= −100.7% APRpaid last 24h −0.037%
Price spread now: Gate against Bybit+0.058%7-day average −0.055% · you sell dearer than you buy
Net, funding: paid 7d − costs−$488as in the Funding arb table
Net, price: spread back to 7d avg − costs−$469as in the Price arb table
costs, in and out, $10k−$4814.808% of the position
Funding, last 7 days−0.071%−$7 on $10k
+Price spread, last 7 days−0.001%$0 · spread now +0.058%, 7d avg −0.055%
=The price spread pays, funding is against you. Gate is 0.113% dearer against Bybit than usual: you sell high and buy low (spread +0.058% now, against its 7-day average of −0.055%): +$11 on $10k if it goes back. Holding the pair costs −$28 a day in funding at the current rate, which eats that in about 10 hours. At the pace of the last 7 days (−0.071% in total) that is about 11 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.071% in total (about -3.7% 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 | 0.1209 | 0.1474 | pay 0.1474% / 8h | 2h 12m | $1.1M | $2.3M | 25x |
| Short | Gate STG_USDT | 0.1210 | 0.0554 | get 0.0277% / 4h | 2h 12m | $110K | $150K | 25x |
Bybit STGUSDT
Gate STG_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$193.14
- Price spread: +0.058% → −0.055%
- $11.25
- Slippage, 4 orders
- −$454.75
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$662.64
- Costs to cover
- 4.808%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 5 min ago; Gate: live order book, 29 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 | 2.90 bp | 86.6 bp −$87 | 460.6 bp −$4,606 | doesn't fit | doesn't fit |
| Sell Gate live order book, 29 min ago | 8.30 bp | 156.0 bp −$156 | doesn't fit | 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 | 0.1207 | −0.190% | $753K | $209K | 30x | as long as short |
| Gate STG_USDTshort | +0.0554% | 4h | 0.1210 | +0.058% | $110K | $150K | 25x | |
| Binance STGUSDT | +0.1050% | 4h | 0.1210 | +0.076% | $2.6M | $5.3M | 20x | as long as short |
| Bitget STGUSDT | +0.1216% | 4h | 0.1207 | −0.190% | $440K | $1.7M | 50x | as long as short |
| Variational Omni STG | +0.1250% | 8h | 0.1205 | −0.368% | $32K | $63K | — | as long as short |
| BingX STG-USDT | +0.1324% | 4h | 0.1208 | −0.108% | — | $1.2M | — | as long as short |
| Bybit STGUSDTlong | +0.1474% | 8h | 0.1209 | long leg | $1.1M | $2.3M | 25x | |
| MEXC STG_USDT | +0.1474% | 8h | 0.1207 | −0.190% | $266K | $86K | 20x | as long as short |
| Aster STGUSDT | +0.1662% | 4h | 0.1210 | +0.041% | $14K | $46K | 5x | as long as short |
| Kraken Futures PF_STGUSD | +0.3975% | 1h | 0.1212 | +0.243% | $9K | $8K | 10x | as long as short |
KuCoin STGUSDTM
Binance STGUSDT
Bitget STGUSDT
Variational Omni STG
BingX STG-USDT
MEXC STG_USDT
Aster STGUSDT
Kraken Futures PF_STGUSD