Funding you earn now, next payment 20:00 UTC−0.1259%/8hpaid last 24h +0.109%
Price spread now: MEXC against Kraken Futures−0.277%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.116%+$12 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$38 a day on $10k at the current rate, and MEXC is 0.277% cheaper against Kraken Futures than usual: you would sell low and buy high (−$28 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.116%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.116% in total (about 6.1% 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 | Kraken Futures PF_STGUSD | 0.1201 | 0.1359 | pay 0.0170% / 1h | 23m 31s | $9K | $9K | 10x |
| Short | MEXC STG_USDT | 0.1198 | 0.0100 | get 0.0100% / 8h | 4h 23m | $264K | $86K | 20x |
Kraken Futures PF_STGUSD
MEXC STG_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Kraken Futures. 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
- −$264.43
- Price spread: −0.277% → 0.000%
- −$27.74
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$306.17
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; MEXC: live order book, 2 min ago. Net counts fees only.
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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell MEXC live order book, 2 min ago | 4.18 bp | 13.5 bp −$13 | 153.7 bp −$1,537 | 381.3 bp −$38.1K | 658.9 bp −$329.5K |
Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster STGUSDT | +0.0100% | 4h | 0.1197 | −0.385% | $18K | $68K | 5x | as long as short |
| Binance STGUSDT | +0.0100% | 4h | 0.1195 | −0.511% | $2.7M | $6.6M | 20x | as long as short |
| Bybit STGUSDT | +0.0100% | 8h | 0.1195 | −0.494% | $1.0M | $2.7M | 25x | as long as short |
| Gate STG_USDT | +0.0100% | 4h | 0.1196 | −0.444% | $103K | $264K | 25x | as long as short |
| MEXC STG_USDTshort | +0.0100% | 8h | 0.1198 | −0.277% | $264K | $86K | 20x | |
| KuCoin STGUSDTM | +0.0100% | 4h | 0.1195 | −0.527% | $760K | $184K | 30x | as long as short |
| Bitget STGUSDT | +0.0100% | 4h | 0.1195 | −0.527% | $426K | $1.4M | 50x | as long as short |
| BingX STG-USDT | +0.0100% | 4h | 0.1195 | −0.527% | — | $1.2M | — | as long as short |
| Variational Omni STG | +0.0100% | 8h | 0.1196 | −0.407% | $15K | $88K | — | as long as short |
| Kraken Futures PF_STGUSDlong | +0.1359% | 1h | 0.1201 | long leg | $9K | $9K | 10x |
Aster STGUSDT
Binance STGUSDT
Bybit STGUSDT
Gate STG_USDT
KuCoin STGUSDTM
Bitget STGUSDT
BingX STG-USDT
Variational Omni STG