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

STG

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0138%/8h= +15.1% APRpaid last 24h +0.030%
Price spread now: MEXC against Binance+0.059%7-day average +0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$103as in the Funding arb table
Net, price: spread back to 7d avg − costs−$115as in the Price arb table
costs, in and out, $10k−$1191.190% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.160%+$16 on $10k
Price spread, last 7 days−0.059%−$6 · spread now +0.059%, 7d avg +0.020%
Together, before fees+0.101%+$10 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and MEXC is 0.039% dearer against Binance than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.020%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance STGUSDT0.12110.1333pay 0.0666% / 4h3h 59m$2.6M$5.1M20x
ShortMEXC STG_USDT0.12120.1471get 0.1471% / 8h7h 59m$267K$84K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Binance. 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
$29.01
Price spread: +0.059% → +0.020%
$3.95
Slippage, 4 orders
−$105.04
Fee Binance: 5 bp × 2 orders
−$10
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$86.08
Costs to cover
1.190%
Break-even
27.8 days
Slippage from Binance: live order book, 8 min ago; MEXC: live order book, 20 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 Binance live order book, 8 min ago4.11 bp44.4 bp −$44486.4 bp −$4,864doesn't fitdoesn't fit
Sell MEXC live order book, 20 min ago8.25 bp17.3 bp −$17159.1 bp −$1,591391.3 bp −$39.1K723.2 bp −$361.6K

STG on 10 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
Bybit STGUSDT+0.0100%8h0.1211−0.007%$1.1M$2.4M25xas long as short
KuCoin STGUSDTM+0.0100%4h0.1211−0.023%$742K$228K30xas long as short
Gate STG_USDT+0.1074%4h0.1215+0.307%$115K$152K25xas long as short
BingX STG-USDT+0.1328%4h0.1212+0.059%$1.2Mas long as short
Binance STGUSDTlong+0.1333%4h0.1211long leg$2.6M$5.1M20x
Variational Omni STG+0.1338%8h0.1215+0.310%$33K$59Kas long as short
Bitget STGUSDT+0.1390%4h0.1213+0.142%$431K$1.7M50xas long as short
MEXC STG_USDTshort+0.1471%8h0.1212+0.059%$267K$84K20x
Aster STGUSDT+0.1940%4h0.1212+0.077%$15K$44K5xas long as short
Kraken Futures PF_STGUSD+0.7435%1h0.1220+0.752%$9K$8K10xas long as short