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

STAR

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Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0034%/8h= +3.7% APRnext payment +$0.17 per $10,000 · paid last 24h +0.017%
Price spread now: MEXC against BingX+0.027%7-day average −0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$257as in the Funding arb table
Net, price: spread back to 7d avg − costs−$260as in the Price arb table
costs, in and out, $10k−$2642.642% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.069%+$7 on $10k
Price spread, last 4 days (all we have)−0.027%−$3 · spread now +0.027%, 7d avg −0.017%
Together, before fees+0.042%+$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and MEXC is 0.044% dearer against BingX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.017%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX STAR-USDT0.036450.0902pay 0.0451% / 4h3h 39m$1.7M
ShortMEXC STAR_USDT0.036460.0936get 0.0468% / 4h3h 39m$261K$198K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
$7.14
Price spread: +0.027% → −0.017%
$4.43
Slippage, 4 orders
−$250.23
Fee BingX: 5 bp × 2 orders
−$10
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$252.66
Costs to cover
2.642%
Break-even
254.7 days
Slippage from BingX: live order book, 9 min ago; MEXC: live order book, 41 min ago.

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, 9 min ago4.14 bp77.3 bp −$77400.2 bp −$4,002doesn't fitdoesn't fit
Sell MEXC live order book, 41 min ago4.03 bp63.7 bp −$6499.3 bp −$993357.1 bp −$35.7Kdoesn't fit

STAR on 6 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
KuCoin STARUSDTM−0.0974%4h0.03690+1.235%$247K$719K3xas long as short
Gate STAR_USDT+0.0100%4h0.03677+0.878%$270K$278K5xas long as short
Aster STARUSDT+0.0532%4h0.03640−0.132%$23K$81K5xas long as short
BingX STAR-USDTlong+0.0902%4h0.03645long leg$1.7M
Binance STARUSDT+0.0926%4h0.036450.000%$5.1M$7.4M10xas long as short
MEXC STAR_USDTshort+0.0936%4h0.03646+0.027%$261K$198K10x