Funding you earn now, next payment 08:00 UTC−0.0389%/8h= −42.6% APRpaid last 24h −0.027%
Price spread now: Bitget against MEXC+0.249%7-day average −0.046% · you sell dearer than you buy
Net, funding: paid 7d − costs−$98as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$930.933% of the position
Funding, last 7 days−0.044%−$4 on $10k
+Price spread, last 7 days−0.260%−$26 · spread now +0.249%, 7d avg −0.046%
=The price spread pays, funding is against you. Bitget is 0.295% dearer against MEXC than usual: you sell high and buy low (spread +0.249% now, against its 7-day average of −0.046%): +$29 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 2.5 days. At the pace of the last 7 days (−0.044% in total) that is about 47 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.044% in total (about -2.3% 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 | 0.1203 | 0.1499 | pay 0.1499% / 8h | 2h 29m | $265K | $85K | 20x |
| Short | Bitget STGUSDT | 0.1206 | 0.1110 | get 0.0555% / 4h | 2h 29m | $439K | $1.7M | 50x |
MEXC STG_USDT
Bitget STGUSDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$81.69
- Price spread: +0.249% → −0.046%
- $29.5
- Slippage, 4 orders
- −$77.3
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$145.49
- Costs to cover
- 0.933%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 1 min ago; Bitget: live order book, 3 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, 1 min ago | 12.45 bp | 21.9 bp −$22 | 161.1 bp −$1,611 | 392.3 bp −$39.2K | 737.9 bp −$369.0K |
| Sell Bitget live order book, 3 min ago | 8.29 bp | 21.5 bp −$22 | 246.6 bp −$2,466 | 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 STGUSDTM | +0.0100% | 4h | 0.1205 | +0.166% | $748K | $211K | 30x | as long as short |
| Gate STG_USDT | +0.0534% | 4h | 0.1205 | +0.166% | $108K | $150K | 25x | as long as short |
| Binance STGUSDT | +0.0987% | 4h | 0.1205 | +0.166% | $2.6M | $5.4M | 20x | as long as short |
| Bitget STGUSDTshort | +0.1110% | 4h | 0.1206 | +0.249% | $439K | $1.7M | 50x | |
| Variational Omni STG | +0.1252% | 8h | 0.1205 | +0.151% | $32K | $67K | — | as long as short |
| BingX STG-USDT | +0.1372% | 4h | 0.1205 | +0.166% | — | $1.2M | — | as long as short |
| Bybit STGUSDT | +0.1492% | 8h | 0.1205 | +0.150% | $1.1M | $2.4M | 25x | as long as short |
| MEXC STG_USDTlong | +0.1499% | 8h | 0.1203 | long leg | $265K | $85K | 20x | |
| Aster STGUSDT | +0.1622% | 4h | 0.1205 | +0.157% | $14K | $46K | 5x | as long as short |
| Kraken Futures PF_STGUSD | +0.3983% | 1h | 0.1210 | +0.571% | $9K | $8K | 10x | as long as short |
KuCoin STGUSDTM
Gate STG_USDT
Binance STGUSDT
Variational Omni STG
BingX STG-USDT
Bybit STGUSDT
Aster STGUSDT
Kraken Futures PF_STGUSD