Funding you earn now, next payment 04:00 UTC+0.0082%/8h= +9.0% APRpaid last 24h +0.020%
Price spread now: MEXC against BingX+0.081%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−$96as in the Price arb table
costs, in and out, $10k−$1021.018% of the position
Funding, last 7 days−0.014%−$1 on $10k
+Price spread, last 7 days−0.049%−$5 · spread now +0.081%, 7d avg +0.020%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and MEXC is 0.061% dearer against BingX than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.020%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX STG-USDT | 0.1230 | 0.0668 | pay 0.0334% / 4h | 2h 28m | — | $1.2M | — |
| Short | MEXC STG_USDT | 0.1231 | 0.0750 | get 0.0750% / 8h | 6h 28m | $271K | $86K | 20x |
BingX STG-USDT
MEXC STG_USDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $17.3
- Price spread: +0.081% → +0.020%
- $6.14
- Slippage, 4 orders
- −$87.81
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$78.36
- Costs to cover
- 1.018%
- Break-even
- 38.7 days
Slippage from BingX: live order book, 7 min ago; MEXC: live order book, 22 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 BingX live order book, 7 min ago | 12.19 bp | 28.1 bp −$28 | 145.1 bp −$1,451 | 351.3 bp −$35.1K | 370.7 bp −$185.4K |
| Sell MEXC live order book, 22 min ago | 12.15 bp | 21.9 bp −$22 | 156.9 bp −$1,569 | 390.1 bp −$39.0K | 712.9 bp −$356.4K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Binance STGUSDT | +0.0100% | 4h | 0.1228 | −0.137% | $2.7M | $5.9M | 20x | as long as short |
| Gate STG_USDT | +0.0100% | 4h | 0.1227 | −0.244% | $108K | $175K | 25x | as long as short |
| KuCoin STGUSDTM | +0.0100% | 4h | 0.1227 | −0.244% | $764K | $194K | 30x | as long as short |
| Bitget STGUSDT | +0.0100% | 4h | 0.1228 | −0.163% | $442K | $1.6M | 50x | as long as short |
| Variational Omni STG | +0.0439% | 8h | 0.1228 | −0.125% | $27K | $90K | — | as long as short |
| Aster STGUSDT | +0.0488% | 4h | 0.1229 | −0.108% | $15K | $54K | 5x | as long as short |
| BingX STG-USDTlong | +0.0668% | 4h | 0.1230 | long leg | — | $1.2M | — | |
| MEXC STG_USDTshort | +0.0750% | 8h | 0.1231 | +0.081% | $271K | $86K | 20x | |
| Bybit STGUSDT | +0.0785% | 8h | 0.1230 | −0.041% | $1.1M | $2.4M | 25x | as long as short |
| Kraken Futures PF_STGUSD | +0.2569% | 1h | 0.1232 | +0.199% | $9K | $10K | 10x | as long as short |
Binance STGUSDT
Gate STG_USDT
KuCoin STGUSDTM
Bitget STGUSDT
Variational Omni STG
Aster STGUSDT
Bybit STGUSDT
Kraken Futures PF_STGUSD