Funding you earn now, next payment 08:00 UTC−0.0206%/8h= −22.6% APRnext payment −$1.03 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Gate−0.167%7-day average −0.034% · you buy dearer than you sell
Net, funding: paid 7d − costs−$543as in the Funding arb table
Net, price: spread back to 7d avg − costs−$554as in the Price arb table
costs, in and out, $10k−$5415.407% of the position
Funding, last 7 days−0.019%−$2 on $10k
+Price spread, last 7 days−0.044%−$4 · spread now −0.167%, 7d avg −0.034%
=Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and KuCoin is 0.133% cheaper against Gate than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of −0.034%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.019% in total (about -1.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.03 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 | 0.1201 | 0.0306 | pay 0.0153% / 4h | 1h 29m | $113K | $148K | 25x |
| Short | KuCoin STGUSDTM | 0.1199 | 0.0100 | get 0.0050% / 4h | 1h 29m | $751K | $214K | 30x |
Gate STG_USDT
KuCoin STGUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$43.26
- Price spread: −0.167% → −0.034%
- −$13.26
- Slippage, 4 orders
- −$513.7
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$597.23
- Costs to cover
- 5.407%
- Break-even
- never at this rate
Slippage from Gate: live order book, 6 min ago; KuCoin: live order book, 45 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, 6 min ago | 8.34 bp | 149.4 bp −$149 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 45 min ago | 20.74 bp | 162.9 bp −$163 | 723.7 bp −$7,237 | 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 STGUSDTMshort | +0.0100% | 4h | 0.1199 | −0.167% | $751K | $214K | 30x | |
| Gate STG_USDTlong | +0.0306% | 4h | 0.1201 | long leg | $113K | $148K | 25x | |
| Binance STGUSDT | +0.0924% | 4h | 0.1201 | 0.000% | $2.6M | $5.2M | 20x | as long as short |
| Bitget STGUSDT | +0.1150% | 4h | 0.1201 | 0.000% | $433K | $1.7M | 50x | as long as short |
| Variational Omni STG | +0.1206% | 8h | 0.1200 | −0.051% | $33K | $64K | — | as long as short |
| BingX STG-USDT | +0.1226% | 4h | 0.1200 | −0.083% | — | $1.2M | — | as long as short |
| Bybit STGUSDT | +0.1347% | 8h | 0.1200 | −0.083% | $1.1M | $2.3M | 25x | as long as short |
| MEXC STG_USDT | +0.1348% | 8h | 0.1199 | −0.167% | $264K | $86K | 20x | as long as short |
| Aster STGUSDT | +0.1554% | 4h | 0.1199 | −0.167% | $14K | $43K | 5x | as long as short |
| Kraken Futures PF_STGUSD | +0.6234% | 1h | 0.1206 | +0.449% | $9K | $8K | 10x | as long as short |
Binance STGUSDT
Bitget STGUSDT
Variational Omni STG
BingX STG-USDT
Bybit STGUSDT
MEXC STG_USDT
Aster STGUSDT
Kraken Futures PF_STGUSD