Funding you earn now, next payment 08:00 UTC−0.0005%/8h= −0.6% APRnext payment −$0.05 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against MEXC−0.008%7-day average +0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$199as in the Funding arb table
Net, price: spread back to 7d avg − costs−$202as in the Price arb table
costs, in and out, $10k−$1991.993% of the position
Funding, last 7 days+0.005%$0 on $10k
+Price spread, last 7 days−0.015%−$1 · spread now −0.008%, 7d avg +0.020%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.028% cheaper against MEXC than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.020%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC STG_USDT | 0.1197 | 0.1454 | pay 0.1454% / 8h | 1h 49m | $263K | $85K | 20x |
| Short | Bybit STGUSDT | 0.1197 | 0.1449 | get 0.1449% / 8h | 1h 49m | $1.1M | $2.4M | 25x |
MEXC STG_USDT
Bybit STGUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$1.11
- Price spread: −0.008% → +0.020%
- −$2.83
- Slippage, 4 orders
- −$184.35
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$203.29
- Costs to cover
- 1.993%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 40 min ago; Bybit: live order book, 2 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, 40 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 Bybit live order book, 2 min ago | 6.26 bp | 80.0 bp −$80 | 300.6 bp −$3,006 | 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 | 0.1197 | 0.000% | $755K | $214K | 30x | as long as short |
| Gate STG_USDT | +0.0500% | 4h | 0.1200 | +0.251% | $112K | $148K | 25x | as long as short |
| Binance STGUSDT | +0.1050% | 4h | 0.1198 | +0.084% | $2.6M | $5.3M | 20x | as long as short |
| Variational Omni STG | +0.1274% | 8h | 0.1198 | +0.088% | $33K | $64K | — | as long as short |
| Bitget STGUSDT | +0.1290% | 4h | 0.1199 | +0.167% | $432K | $1.7M | 50x | as long as short |
| BingX STG-USDT | +0.1314% | 4h | 0.1200 | +0.251% | — | $1.2M | — | as long as short |
| Bybit STGUSDTshort | +0.1449% | 8h | 0.1197 | −0.008% | $1.1M | $2.4M | 25x | |
| MEXC STG_USDTlong | +0.1454% | 8h | 0.1197 | long leg | $263K | $85K | 20x | |
| Aster STGUSDT | +0.1676% | 4h | 0.1199 | +0.167% | $14K | $43K | 5x | as long as short |
| Kraken Futures PF_STGUSD | +0.6247% | 1h | 0.1204 | +0.574% | $9K | $8K | 10x | as long as short |
KuCoin STGUSDTM
Gate STG_USDT
Binance STGUSDT
Variational Omni STG
Bitget STGUSDT
BingX STG-USDT
Aster STGUSDT
Kraken Futures PF_STGUSD