Funding you earn now, next payment 04:00 UTC−0.1416%/8h= −155.1% APRpaid last 24h −0.102%
Price spread now: Binance against MEXC0.000%7-day average −0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$128as in the Funding arb table
Net, price: spread back to 7d avg − costs−$108as in the Price arb table
costs, in and out, $10k−$1111.106% of the position
Funding, last 7 days−0.172%−$17 on $10k
+Price spread, last 7 days+0.011%+$1 · spread now 0.000%, 7d avg −0.023%
=The price spread pays, funding is against you. Binance is 0.023% dearer against MEXC than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.023%): +$2 on $10k if it goes back. Holding the pair costs −$42 a day in funding at the current rate, which eats that in about 1 hour. At the pace of the last 7 days (−0.172% in total) that is about 23 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.172% in total (about -9.0% 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 | 0.1222 | 0.1516 | pay 0.1516% / 8h | 5h 29m | $269K | $85K | 20x |
| Short | Binance STGUSDT | 0.1222 | 0.0100 | get 0.0050% / 4h | 1h 29m | $2.7M | $5.9M | 20x |
MEXC STG_USDT
Binance STGUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- −$297.36
- Price spread: 0.000% → −0.023%
- $2.32
- Slippage, 4 orders
- −$96.63
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$405.67
- Costs to cover
- 1.106%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 15 min ago; Binance: live order book, 8 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, 15 min ago | 4.08 bp | 13.7 bp −$14 | 146.6 bp −$1,466 | 388.9 bp −$38.9K | 729.9 bp −$365.0K |
| Sell Binance live order book, 8 min ago | 4.09 bp | 43.7 bp −$44 | 277.5 bp −$2,775 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance STGUSDTshort | +0.0100% | 4h | 0.1222 | 0.000% | $2.7M | $5.9M | 20x | |
| Gate STG_USDT | +0.0100% | 4h | 0.1221 | −0.082% | $108K | $161K | 25x | as long as short |
| KuCoin STGUSDTM | +0.0100% | 4h | 0.1219 | −0.245% | $770K | $202K | 30x | as long as short |
| Bitget STGUSDT | +0.0100% | 4h | 0.1221 | −0.082% | $440K | $1.6M | 50x | as long as short |
| Aster STGUSDT | +0.0713% | 4h | 0.1222 | −0.038% | $15K | $50K | 5x | as long as short |
| Variational Omni STG | +0.0788% | 8h | 0.1222 | −0.037% | $27K | $81K | — | as long as short |
| BingX STG-USDT | +0.1359% | 4h | 0.1221 | −0.082% | — | $1.2M | — | as long as short |
| MEXC STG_USDTlong | +0.1516% | 8h | 0.1222 | long leg | $269K | $85K | 20x | |
| Bybit STGUSDT | +0.1519% | 8h | 0.1223 | +0.065% | $1.1M | $2.4M | 25x | as long as short |
| Kraken Futures PF_STGUSD | +0.3301% | 1h | 0.1226 | +0.326% | $9K | $10K | 10x | as long as short |
Gate STG_USDT
KuCoin STGUSDTM
Bitget STGUSDT
Aster STGUSDT
Variational Omni STG
BingX STG-USDT
Bybit STGUSDT
Kraken Futures PF_STGUSD