Settings8H · net · $10k
Funding arb · Price arb /

STG

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0206%/8h= −22.6% APRpaid last 24h −0.012%
Price spread now: KuCoin against MEXC−0.082%7-day average −0.067% · you buy dearer than you sell
Net, funding: paid 7d − costs−$336as in the Funding arb table
Net, price: spread back to 7d avg − costs−$331as in the Price arb table
costs, in and out, $10k−$3303.296% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.060%−$6 on $10k
Price spread, last 7 days+0.028%+$3 · spread now −0.082%, 7d avg −0.067%
Together, before fees−0.033%−$3 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.067%, so right now this pair is about funding alone: −$6 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.060% in total (about -3.1% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC STG_USDT0.12150.0306pay 0.0306% / 8h13m 38s$267K$87K20x
ShortKuCoin STGUSDTM0.12140.0100get 0.0050% / 4h13m 38s$759K$160K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against MEXC. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$43.26
Price spread: −0.082% → −0.067%
−$1.53
Slippage, 4 orders
−$313.62
Fee MEXC: 2 bp × 2 orders
−$4
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$374.41
Costs to cover
3.296%
Break-even
never at this rate
Slippage from MEXC: live order book, 46 min ago; KuCoin: live order book, 50 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 46 min ago8.18 bp17.8 bp −$18151.3 bp −$1,513386.5 bp −$38.6K729.9 bp −$364.9K
Sell KuCoin live order book, 50 min ago12.31 bp151.2 bp −$151682.4 bp −$6,824doesn't fitdoesn't fit

STG on 10 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance STGUSDT+0.0100%4h0.1214−0.090%$2.7M$5.8M20xas long as short
Gate STG_USDT+0.0100%4h0.1213−0.165%$105K$181K25xas long as short
KuCoin STGUSDTMshort+0.0100%4h0.1214−0.082%$759K$160K30x
Bitget STGUSDT+0.0100%4h0.1213−0.165%$450K$1.4M50xas long as short
Variational Omni STG+0.0167%8h0.1216+0.068%$27K$90Kas long as short
Aster STGUSDT+0.0244%4h0.1215+0.007%$16K$53K5xas long as short
BingX STG-USDT+0.0288%4h0.1214−0.082%$1.2Mas long as short
MEXC STG_USDTlong+0.0306%8h0.1215long leg$267K$87K20x
Bybit STGUSDT+0.0313%8h0.1216+0.074%$1.1M$2.3M25xas long as short
Kraken Futures PF_STGUSD+0.1457%1h0.1216+0.045%$9K$10K10xas long as short