Funding you earn now, next payment 08:00 UTC−0.1292%/8h= −141.5% APRpaid last 24h −0.037%
Price spread now: KuCoin against MEXC−0.332%7-day average −0.068% · you buy dearer than you sell
Net, funding: paid 7d − costs−$335as in the Funding arb table
Net, price: spread back to 7d avg − costs−$352as in the Price arb table
costs, in and out, $10k−$3263.261% of the position
Funding, last 7 days−0.085%−$8 on $10k
+Price spread, last 7 days+0.232%+$23 · spread now −0.332%, 7d avg −0.068%
=Both sides work against this trade now: funding costs −$39 a day on $10k at the current rate, and KuCoin is 0.264% cheaper against MEXC than usual: you would sell low and buy high (−$26 if the spread goes back to its 7-day average of −0.068%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.085% in total (about -4.4% 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 | 0.1205 | 0.1392 | pay 0.1392% / 8h | 1h 03m | $265K | $87K | 20x |
| Short | KuCoin STGUSDTM | 0.1201 | 0.0100 | get 0.0050% / 4h | 1h 03m | $735K | $220K | 30x |
MEXC STG_USDT
KuCoin STGUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$271.32
- Price spread: −0.332% → −0.068%
- −$26.43
- Slippage, 4 orders
- −$310.05
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$623.8
- Costs to cover
- 3.261%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 21 min ago; KuCoin: live order book, 6 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, 21 min ago | 12.45 bp | 21.6 bp −$22 | 151.8 bp −$1,518 | 389.2 bp −$38.9K | 579.5 bp −$289.8K |
| Sell KuCoin live order book, 6 min ago | 20.86 bp | 156.5 bp −$157 | 655.7 bp −$6,557 | 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 STGUSDTMshort | +0.0100% | 4h | 0.1201 | −0.332% | $735K | $220K | 30x | |
| Gate STG_USDT | +0.0486% | 4h | 0.1204 | −0.083% | $115K | $150K | 25x | as long as short |
| Binance STGUSDT | +0.1085% | 4h | 0.1206 | +0.083% | $2.6M | $5.1M | 20x | as long as short |
| Variational Omni STG | +0.1239% | 8h | 0.1200 | −0.403% | $33K | $60K | — | as long as short |
| BingX STG-USDT | +0.1242% | 4h | 0.1203 | −0.166% | — | $1.2M | — | as long as short |
| Bitget STGUSDT | +0.1266% | 4h | 0.1206 | +0.083% | $434K | $1.7M | 50x | as long as short |
| MEXC STG_USDTlong | +0.1392% | 8h | 0.1205 | long leg | $265K | $87K | 20x | |
| Bybit STGUSDT | +0.1396% | 8h | 0.1204 | −0.091% | $1.1M | $2.3M | 25x | as long as short |
| Aster STGUSDT | +0.1696% | 4h | 0.1201 | −0.343% | $14K | $43K | 5x | as long as short |
| Kraken Futures PF_STGUSD | +0.6222% | 1h | 0.1209 | +0.303% | $9K | $8K | 10x | as long as short |
Gate STG_USDT
Binance STGUSDT
Variational Omni STG
BingX STG-USDT
Bitget STGUSDT
Bybit STGUSDT
Aster STGUSDT
Kraken Futures PF_STGUSD