Funding you earn now, next payment 12:00 UTC−0.0511%/8h= −56.0% APRnext payment −$2.56 per $10,000 · paid last 24h +0.020%
Price spread now: Binance against Gate+0.046%7-day average +0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$343as in the Funding arb table
Net, price: spread back to 7d avg − costs−$332as in the Price arb table
costs, in and out, $10k−$3353.352% of the position
Funding, last 7 days−0.081%−$8 on $10k
+Price spread, last 7 days−0.157%−$16 · spread now +0.046%, 7d avg +0.013%
=The price spread pays, funding is against you. Binance is 0.033% dearer against Gate than usual: you sell high and buy low (spread +0.046% now, against its 7-day average of +0.013%): +$3 on $10k if it goes back. Holding the pair costs −$15 a day in funding at the current rate, which eats that in about 5 hours. At the pace of the last 7 days (−0.081% in total) that is about 2.9 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.081% in total (about -4.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.56 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 | Gate STG_USDT | 0.1214 | 0.1882 | pay 0.0941% / 4h | 3h 51m | $118K | $161K | 25x |
| Short | Binance STGUSDT | 0.1215 | 0.1371 | get 0.0685% / 4h | 3h 51m | $2.6M | $5.1M | 20x |
Gate STG_USDT
Binance STGUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. 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
- −$107.34
- Price spread: +0.046% → +0.013%
- $3.32
- Slippage, 4 orders
- −$310.16
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$439.18
- Costs to cover
- 3.352%
- Break-even
- never at this rate
Slippage from Gate: live order book, 39 min ago; Binance: live order book, 16 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 Gate live order book, 39 min ago | 8.23 bp | 114.9 bp −$115 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 16 min ago | 4.11 bp | 40.1 bp −$40 | 263.0 bp −$2,630 | 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 | 0.1209 | −0.412% | $743K | $227K | 30x | as long as short |
| Variational Omni STG | +0.1349% | 8h | 0.1219 | +0.391% | $33K | $59K | — | as long as short |
| Binance STGUSDTshort | +0.1371% | 4h | 0.1215 | +0.046% | $2.6M | $5.1M | 20x | |
| Bitget STGUSDT | +0.1410% | 4h | 0.1213 | −0.082% | $440K | $1.7M | 50x | as long as short |
| Gate STG_USDTlong | +0.1882% | 4h | 0.1214 | long leg | $118K | $161K | 25x | |
| Aster STGUSDT | +0.1953% | 4h | 0.1213 | −0.081% | $15K | $44K | 5x | as long as short |
| MEXC STG_USDT | +0.1958% | 8h | 0.1212 | −0.165% | $267K | $84K | 20x | as long as short |
| Bybit STGUSDT | +0.1971% | 8h | 0.1214 | −0.025% | $1.1M | $2.4M | 25x | as long as short |
| BingX STG-USDT | +0.3430% | 4h | 0.1213 | −0.082% | — | $1.2M | — | as long as short |
| Kraken Futures PF_STGUSD | +0.7423% | 1h | 0.1219 | +0.430% | $9K | $8K | 10x | as long as short |
KuCoin STGUSDTM
Variational Omni STG
Bitget STGUSDT
Aster STGUSDT
MEXC STG_USDT
Bybit STGUSDT
BingX STG-USDT
Kraken Futures PF_STGUSD