Funding you earn now, next payment 04:00 UTC−0.3242%/8h= −355.0% APRpaid last 24h −0.290%
Price spread now: MEXC against Kraken Futures−0.249%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.073%−$7 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$97 a day on $10k at the current rate, and MEXC is 0.249% cheaper against Kraken Futures than usual: you would sell low and buy high (−$25 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.073% in total (about -3.8% a year). A funding rate is set anew for every payment. 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 | Kraken Futures PF_STGUSD | 0.1203 | 0.4711 | pay 0.0589% / 1h | 23m 26s | $9K | $10K | 10x |
| Short | MEXC STG_USDT | 0.1200 | 0.1469 | get 0.1469% / 8h | 4h 23m | $264K | $86K | 20x |
Kraken Futures PF_STGUSD
MEXC STG_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Kraken Futures. 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
- −$680.88
- Price spread: −0.249% → 0.000%
- −$24.93
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$719.81
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; MEXC: live order book, 16 min ago. Net counts fees only.
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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell MEXC live order book, 16 min ago | 8.35 bp | 17.3 bp −$17 | 154.1 bp −$1,541 | 388.3 bp −$38.8K | 595.2 bp −$297.6K |
Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| Gate STG_USDT | +0.0100% | 4h | 0.1199 | −0.332% | $106K | $153K | 25x | as long as short |
| KuCoin STGUSDTM | +0.0100% | 4h | 0.1200 | −0.249% | $743K | $201K | 30x | as long as short |
| Binance STGUSDT | +0.0133% | 4h | 0.1201 | −0.138% | $2.6M | $5.5M | 20x | as long as short |
| Bitget STGUSDT | +0.0164% | 4h | 0.1201 | −0.166% | $425K | $1.6M | 50x | as long as short |
| Aster STGUSDT | +0.0784% | 4h | 0.1197 | −0.499% | $14K | $51K | 5x | as long as short |
| Variational Omni STG | +0.0975% | 8h | 0.1202 | −0.052% | $32K | $88K | — | as long as short |
| BingX STG-USDT | +0.1300% | 4h | 0.1201 | −0.166% | — | $1.2M | — | as long as short |
| MEXC STG_USDTshort | +0.1469% | 8h | 0.1200 | −0.249% | $264K | $86K | 20x | |
| Bybit STGUSDT | +0.1480% | 8h | 0.1201 | −0.141% | $1.1M | $2.4M | 25x | as long as short |
| Kraken Futures PF_STGUSDlong | +0.4711% | 1h | 0.1203 | long leg | $9K | $10K | 10x |
Gate STG_USDT
KuCoin STGUSDTM
Binance STGUSDT
Bitget STGUSDT
Aster STGUSDT
Variational Omni STG
BingX STG-USDT
Bybit STGUSDT