Funding you earn now, next payment 08:00 UTC−0.0837%/8h= −91.7% APRpaid last 24h −0.027%
Price spread now: Bitget against MEXC+0.165%7-day average −0.046% · you sell dearer than you buy
Net, funding: paid 7d − costs−$94as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$890.893% of the position
Funding, last 7 days−0.044%−$4 on $10k
+Price spread, last 7 days−0.198%−$20 · spread now +0.165%, 7d avg −0.046%
=The price spread pays, funding is against you. Bitget is 0.211% dearer against MEXC than usual: you sell high and buy low (spread +0.165% now, against its 7-day average of −0.046%): +$21 on $10k if it goes back. Holding the pair costs −$25 a day in funding at the current rate, which eats that in about 20 hours. At the pace of the last 7 days (−0.044% in total) that is about 34 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.044% in total (about -2.3% 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 | MEXC STG_USDT | 0.1212 | 0.1611 | pay 0.1611% / 8h | 3h 12m | $267K | $86K | 20x |
| Short | Bitget STGUSDT | 0.1214 | 0.0774 | get 0.0387% / 4h | 3h 12m | $436K | $1.6M | 50x |
MEXC STG_USDT
Bitget STGUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$175.77
- Price spread: +0.165% → −0.046%
- $21.14
- Slippage, 4 orders
- −$73.33
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$243.96
- Costs to cover
- 0.893%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 22 min ago; Bitget: live order book, 4 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, 22 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 Bitget live order book, 4 min ago | 8.24 bp | 25.1 bp −$25 | 233.7 bp −$2,337 | doesn't fit | doesn't fit |
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 | 0.1213 | +0.083% | $749K | $211K | 30x | as long as short |
| Gate STG_USDT | +0.0670% | 4h | 0.1213 | +0.083% | $108K | $152K | 25x | as long as short |
| Binance STGUSDT | +0.0698% | 4h | 0.1214 | +0.138% | $2.6M | $5.4M | 20x | as long as short |
| Bitget STGUSDTshort | +0.0774% | 4h | 0.1214 | +0.165% | $436K | $1.6M | 50x | |
| Variational Omni STG | +0.1243% | 8h | 0.1214 | +0.168% | $33K | $73K | — | as long as short |
| Aster STGUSDT | +0.1360% | 4h | 0.1212 | 0.000% | $14K | $46K | 5x | as long as short |
| BingX STG-USDT | +0.1450% | 4h | 0.1212 | 0.000% | — | $1.2M | — | as long as short |
| MEXC STG_USDTlong | +0.1611% | 8h | 0.1212 | long leg | $267K | $86K | 20x | |
| Bybit STGUSDT | +0.1615% | 8h | 0.1212 | +0.033% | $1.1M | $2.4M | 25x | as long as short |
| Kraken Futures PF_STGUSD | +0.5091% | 1h | 0.1214 | +0.166% | $9K | $10K | 10x | as long as short |
KuCoin STGUSDTM
Gate STG_USDT
Binance STGUSDT
Variational Omni STG
Aster STGUSDT
BingX STG-USDT
Bybit STGUSDT
Kraken Futures PF_STGUSD