Funding you earn now, next payment 08:00 UTC−0.0009%/8h= −1.0% APRnext payment −$0.09 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against MEXC+0.091%7-day average +0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$172as in the Funding arb table
Net, price: spread back to 7d avg − costs−$165as in the Price arb table
costs, in and out, $10k−$1721.723% of the position
Funding, last 7 days+0.005%$0 on $10k
+Price spread, last 7 days−0.114%−$11 · spread now +0.091%, 7d avg +0.020%
=The price spread pays, funding is against you. Bybit is 0.072% dearer against MEXC than usual: you sell high and buy low (spread +0.091% now, against its 7-day average of +0.020%): +$7 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 26 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC STG_USDT | 0.1203 | 0.1476 | pay 0.1476% / 8h | 2h 22m | $265K | $86K | 20x |
| Short | Bybit STGUSDT | 0.1204 | 0.1467 | get 0.1467% / 8h | 2h 22m | $1.1M | $2.3M | 25x |
MEXC STG_USDT
Bybit STGUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$1.92
- Price spread: +0.091% → +0.020%
- $7.15
- Slippage, 4 orders
- −$157.28
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$167.05
- Costs to cover
- 1.723%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 7 min ago; Bybit: 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, 7 min ago | 12.45 bp | 21.9 bp −$22 | 161.1 bp −$1,611 | 392.3 bp −$39.2K | 737.9 bp −$369.0K |
| Sell Bybit live order book, 4 min ago | 7.05 bp | 63.4 bp −$63 | 296.4 bp −$2,964 | 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 | 0.1202 | −0.083% | $747K | $211K | 30x | as long as short |
| Gate STG_USDT | +0.0490% | 4h | 0.1204 | +0.083% | $108K | $150K | 25x | as long as short |
| Binance STGUSDT | +0.0993% | 4h | 0.1205 | +0.166% | $2.6M | $5.3M | 20x | as long as short |
| Bitget STGUSDT | +0.1130% | 4h | 0.1205 | +0.166% | $438K | $1.7M | 50x | as long as short |
| Variational Omni STG | +0.1255% | 8h | 0.1204 | +0.096% | $32K | $63K | — | as long as short |
| BingX STG-USDT | +0.1344% | 4h | 0.1203 | 0.000% | — | $1.2M | — | as long as short |
| Bybit STGUSDTshort | +0.1467% | 8h | 0.1204 | +0.091% | $1.1M | $2.3M | 25x | |
| MEXC STG_USDTlong | +0.1476% | 8h | 0.1203 | long leg | $265K | $86K | 20x | |
| Aster STGUSDT | +0.1623% | 4h | 0.1205 | +0.144% | $14K | $46K | 5x | as long as short |
| Kraken Futures PF_STGUSD | +0.3986% | 1h | 0.1209 | +0.499% | $9K | $8K | 10x | as long as short |
KuCoin STGUSDTM
Gate STG_USDT
Binance STGUSDT
Bitget STGUSDT
Variational Omni STG
BingX STG-USDT
Aster STGUSDT
Kraken Futures PF_STGUSD