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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC STG_USDT | 0.1215 | 0.0306 | pay 0.0306% / 8h | 13m 38s | $267K | $87K | 20x |
| Short | KuCoin STGUSDTM | 0.1214 | 0.0100 | get 0.0050% / 4h | 13m 38s | $759K | $160K | 30x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy MEXC live order book, 46 min ago | 8.18 bp | 17.8 bp −$18 | 151.3 bp −$1,513 | 386.5 bp −$38.6K | 729.9 bp −$364.9K |
| Sell KuCoin live order book, 50 min ago | 12.31 bp | 151.2 bp −$151 | 682.4 bp −$6,824 | 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 STGUSDT | +0.0100% | 4h | 0.1214 | −0.090% | $2.7M | $5.8M | 20x | as long as short |
| Gate STG_USDT | +0.0100% | 4h | 0.1213 | −0.165% | $105K | $181K | 25x | as long as short |
| KuCoin STGUSDTMshort | +0.0100% | 4h | 0.1214 | −0.082% | $759K | $160K | 30x | |
| Bitget STGUSDT | +0.0100% | 4h | 0.1213 | −0.165% | $450K | $1.4M | 50x | as long as short |
| Variational Omni STG | +0.0167% | 8h | 0.1216 | +0.068% | $27K | $90K | — | as long as short |
| Aster STGUSDT | +0.0244% | 4h | 0.1215 | +0.007% | $16K | $53K | 5x | as long as short |
| BingX STG-USDT | +0.0288% | 4h | 0.1214 | −0.082% | — | $1.2M | — | as long as short |
| MEXC STG_USDTlong | +0.0306% | 8h | 0.1215 | long leg | $267K | $87K | 20x | |
| Bybit STGUSDT | +0.0313% | 8h | 0.1216 | +0.074% | $1.1M | $2.3M | 25x | as long as short |
| Kraken Futures PF_STGUSD | +0.1457% | 1h | 0.1216 | +0.045% | $9K | $10K | 10x | as long as short |
MEXC STG_USDT
KuCoin STGUSDTM
Binance STGUSDT
Gate STG_USDT
Bitget STGUSDT
Variational Omni STG
Aster STGUSDT
BingX STG-USDT
Bybit STGUSDT
Kraken Futures PF_STGUSD