Funding you earn now, next payment 08:00 UTC−0.0162%/8h= −17.7% APRpaid last 24h +0.046%
Price spread now: BingX against MEXC+0.083%7-day average −0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$74as in the Funding arb table
Net, price: spread back to 7d avg − costs−$72as in the Price arb table
costs, in and out, $10k−$820.822% of the position
Funding, last 7 days+0.082%+$8 on $10k
+Price spread, last 7 days−0.126%−$13 · spread now +0.083%, 7d avg −0.021%
=The price spread pays, funding is against you. BingX is 0.103% dearer against MEXC than usual: you sell high and buy low (spread +0.083% now, against its 7-day average of −0.021%): +$10 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 2.1 days. Mind the row above: over the last 7 days funding on this pair paid +0.082%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC STG_USDT | 0.1211 | 0.1616 | pay 0.1616% / 8h | 3h 09m | $266K | $86K | 20x |
| Short | BingX STG-USDT | 0.1212 | 0.1454 | get 0.0727% / 4h | 3h 09m | — | $1.2M | — |
MEXC STG_USDT
BingX STG-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against MEXC. 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
- −$34.02
- Price spread: +0.083% → −0.021%
- $10.34
- Slippage, 4 orders
- −$68.22
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$105.9
- Costs to cover
- 0.822%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 25 min ago; BingX: live order book, 5 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 MEXC live order book, 25 min ago | 8.26 bp | 18.3 bp −$18 | 153.6 bp −$1,536 | 392.4 bp −$39.2K | 736.6 bp −$368.3K |
| Sell BingX live order book, 5 min ago | 12.36 bp | 21.9 bp −$22 | 88.2 bp −$882 | 368.4 bp −$36.8K | 398.4 bp −$199.2K |
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 STGUSDTM | +0.0100% | 4h | 0.1212 | +0.083% | $748K | $211K | 30x | as long as short |
| Gate STG_USDT | +0.0604% | 4h | 0.1211 | 0.000% | $109K | $153K | 25x | as long as short |
| Binance STGUSDT | +0.0723% | 4h | 0.1210 | −0.083% | $2.6M | $5.4M | 20x | as long as short |
| Bitget STGUSDT | +0.0806% | 4h | 0.1211 | 0.000% | $438K | $1.6M | 50x | as long as short |
| Variational Omni STG | +0.1254% | 8h | 0.1213 | +0.163% | $33K | $67K | — | as long as short |
| Aster STGUSDT | +0.1400% | 4h | 0.1212 | +0.074% | $14K | $46K | 5x | as long as short |
| BingX STG-USDTshort | +0.1454% | 4h | 0.1212 | +0.083% | — | $1.2M | — | |
| Bybit STGUSDT | +0.1612% | 8h | 0.1210 | −0.074% | $1.1M | $2.4M | 25x | as long as short |
| MEXC STG_USDTlong | +0.1616% | 8h | 0.1211 | long leg | $266K | $86K | 20x | |
| Kraken Futures PF_STGUSD | +0.5094% | 1h | 0.1213 | +0.186% | $9K | $10K | 10x | as long as short |
KuCoin STGUSDTM
Gate STG_USDT
Binance STGUSDT
Bitget STGUSDT
Variational Omni STG
Aster STGUSDT
Bybit STGUSDT
Kraken Futures PF_STGUSD