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

STO

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0798%/8h= +87.4% APRnext payment +$3.99 per $10,000 · paid last 24h +0.074%
Price spread now: KuCoin against MEXC+0.310%7-day average +0.146% · you sell dearer than you buy
Net, funding: paid 7d − costs−$536as in the Funding arb table
Net, price: spread back to 7d avg − costs−$532as in the Price arb table
costs, in and out, $10k−$5495.487% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.130%+$13 on $10k
Price spread, last 4 days (all we have)−0.261%−$26 · spread now +0.310%, 7d avg +0.146%
Together, before fees−0.131%−$13 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$24 a day on $10k at the current rate, and KuCoin is 0.165% dearer against MEXC than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of +0.146%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.130% in total (about 6.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.99 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC STO_USDT0.041890.0100pay 0.0050% / 4h18m 58s$776K$102K50x
ShortKuCoin STOUSDTM0.042020.0898get 0.0449% / 4h18m 58s$998K$17K25x

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

Profit calculator

Funding earned
$167.58
Price spread: +0.310% → +0.146%
$16.48
Slippage, 4 orders
−$536.66
Fee MEXC: 0 bp × 2 orders
$0
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$364.6
Costs to cover
5.487%
Break-even
22.2 days
Slippage from MEXC: live order book, 31 min ago; KuCoin: live order book, 21 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, 31 min ago1.20 bp9.4 bp −$973.0 bp −$730259.0 bp −$25.9Kdoesn't fit
Sell KuCoin live order book, 21 min ago20.34 bp239.0 bp −$239doesn't fitdoesn'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%4h0.04190+0.013%$26K$1K5xas long as short
Binance STOUSDT+0.0100%4h0.04188−0.024%$3.4M$1.4M20xas long as short
Gate STO_USDT+0.0100%4h0.04185−0.095%$252K$116K25xas long as short
MEXC STO_USDTlong+0.0100%4h0.04189long leg$776K$102K50x
Bitget STOUSDT+0.0100%4h0.04193+0.095%$322K$27K10xas long as short
Bybit STOUSDT+0.0277%4h0.04197+0.191%$718K$267K13xas long as short
BingX STO-USDT+0.0320%4h0.041890.000%$6.5Mas long as short
Variational Omni STO+0.0370%4h0.04196+0.161%$4K$213as long as short
KuCoin STOUSDTMshort+0.0898%4h0.04202+0.310%$998K$17K25x