Funding you earn now, next payment 20:00 UTC+0.1259%/8hpaid last 24h −0.109%
Price spread now: Kraken Futures against MEXC+0.278%7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$38 a day on $10k at the current rate, and Kraken Futures is 0.278% dearer against MEXC than usual: you sell high and buy low: +$28 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.116%, so the current rate has only just turned in your favour.
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 | MEXC STG_USDT | 0.1198 | 0.0100 | pay 0.0100% / 8h | 4h 23m | $264K | $86K | 20x |
| Short | Kraken Futures PF_STGUSD | 0.1201 | 0.1359 | get 0.0170% / 1h | 23m 31s | $9K | $9K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- $264.43
- Price spread: +0.278% → 0.000%
- $27.82
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $278.24
- Costs to cover
- 0.140%
- Break-even
- from the start
Slippage unknown: MEXC: live order book, 2 min ago; Kraken Futures: no order-book sample. 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 MEXC live order book, 2 min ago | 4.18 bp | 13.5 bp −$13 | 151.6 bp −$1,516 | 388.3 bp −$38.8K | 681.2 bp −$340.6K |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
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 | −0.108% | $18K | $68K | 5x | as long as short |
| Binance STGUSDT | +0.0100% | 4h | 0.1195 | −0.234% | $2.7M | $6.6M | 20x | as long as short |
| Bybit STGUSDT | +0.0100% | 8h | 0.1195 | −0.217% | $1.0M | $2.7M | 25x | as long as short |
| Gate STG_USDT | +0.0100% | 4h | 0.1196 | −0.167% | $103K | $264K | 25x | as long as short |
| MEXC STG_USDTlong | +0.0100% | 8h | 0.1198 | long leg | $264K | $86K | 20x | |
| KuCoin STGUSDTM | +0.0100% | 4h | 0.1195 | −0.250% | $760K | $184K | 30x | as long as short |
| Bitget STGUSDT | +0.0100% | 4h | 0.1195 | −0.250% | $426K | $1.4M | 50x | as long as short |
| BingX STG-USDT | +0.0100% | 4h | 0.1195 | −0.250% | — | $1.2M | — | as long as short |
| Variational Omni STG | +0.0100% | 8h | 0.1196 | −0.130% | $15K | $88K | — | as long as short |
| Kraken Futures PF_STGUSDshort | +0.1359% | 1h | 0.1201 | +0.278% | $9K | $9K | 10x |
MEXC STG_USDT
Kraken Futures PF_STGUSD
Aster STGUSDT
Binance STGUSDT
Bybit STGUSDT
Gate STG_USDT
KuCoin STGUSDTM
Bitget STGUSDT
BingX STG-USDT
Variational Omni STG