Settings8H · net · $10k
Funding arb · Price arb /

STO

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Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0066%/8h= +7.2% APRnext payment +$0.33 per $10,000 · paid last 24h +0.001%
Price spread now: Bitget against MEXC+0.120%7-day average +0.097% · you sell dearer than you buy
Net, funding: paid 7d − costs−$116as in the Funding arb table
Net, price: spread back to 7d avg − costs−$117as in the Price arb table
costs, in and out, $10k−$1191.191% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.032%+$3 on $10k
Price spread, last 4 days (all we have)−0.071%−$7 · spread now +0.120%, 7d avg +0.097%
Together, before fees−0.039%−$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Bitget is 0.023% dearer against MEXC than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.097%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC STO_USDT0.041550.0100pay 0.0050% / 4h3h 39m$762K$101K50x
ShortBitget STOUSDT0.041600.0166get 0.0083% / 4h3h 39m$321K$24K10x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$13.86
Price spread: +0.120% → +0.097%
$2.33
Slippage, 4 orders
−$107.14
Fee MEXC: 0 bp × 2 orders
$0
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$102.95
Costs to cover
1.191%
Break-even
59.0 days
Slippage from MEXC: live order book, 51 min ago; Bitget: live order book, 51 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 51 min ago1.20 bp11.1 bp −$1166.5 bp −$665239.6 bp −$24.0K845.6 bp −$422.8K
Sell Bitget live order book, 51 min ago4.79 bp49.9 bp −$50659.6 bp −$6,596doesn't fitdoesn't fit

STO on 9 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster STOUSDT+0.0100%4h0.04160+0.132%$26K$1K5xas long as short
Binance STOUSDT+0.0100%4h0.04154−0.024%$3.4M$1.5M20xas long as short
Gate STO_USDT+0.0100%4h0.04160+0.120%$242K$124K25xas long as short
MEXC STO_USDTlong+0.0100%4h0.04155long leg$762K$101K50x
Bitget STOUSDTshort+0.0166%4h0.04160+0.120%$321K$24K10x
Variational Omni STO+0.0680%4h0.04167+0.284%$4K$213as long as short
KuCoin STOUSDTM+0.1004%4h0.04172+0.409%$995K$16K25xas long as short
Bybit STOUSDT+0.2001%4h0.04164+0.217%$719K$281K13xas long as short
BingX STO-USDT+0.2798%4h0.04157+0.048%$6.5Mas long as short