Funding you earn now, next payment 08:00 UTC−0.0074%/8h= −8.1% APRnext payment −$0.74 per $10,000 · paid last 24h −0.007%
Price spread now: Gate against MEXC−0.178%7-day average −0.073% · you buy dearer than you sell
Net, funding: paid 7d − costs−$124as in the Funding arb table
Net, price: spread back to 7d avg − costs−$130as in the Price arb table
costs, in and out, $10k−$1191.193% of the position
Funding, last 7 days−0.044%−$4 on $10k
+Price spread, last 4 days (all we have)+0.106%+$11 · spread now −0.178%, 7d avg −0.073%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Gate is 0.105% cheaper against MEXC than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.073%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC STX_USDT | 0.3362 | 0.0100 | pay 0.0100% / 8h | 5h 08m | $6.0M | $1.2M | 50x |
| Short | Gate STX_USDT | 0.3356 | 0.0026 | get 0.0026% / 8h | 5h 08m | $593K | $345K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$15.54
- Price spread: −0.178% → −0.073%
- −$10.53
- Slippage, 4 orders
- −$100.28
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$145.35
- Costs to cover
- 1.193%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 4 min ago; Gate: live order book, 53 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, 4 min ago | 1.49 bp | 8.2 bp −$8 | 25.6 bp −$256 | 127.8 bp −$12.8K | 164.8 bp −$82.4K |
| Sell Gate live order book, 53 min ago | 2.98 bp | 38.0 bp −$38 | 218.3 bp −$2,183 | doesn't fit | doesn't fit |
STX on 18 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_STXUSD | −0.0764% | 1h | 0.3361 | −0.037% | $68K | $113K | 20x | as long as short |
| Variational Omni STX | −0.0319% | 8h | 0.3365 | +0.085% | $777K | $240K | — | as long as short |
| gTrade (Gains Network) STX/USD | L −0.0002% / S +0.0003% | 1h | 0.3364 | +0.063% | — | — | 150x | as long as short |
| Gate STX_USDTshort | +0.0026% | 8h | 0.3356 | −0.178% | $593K | $345K | 50x | |
| Injective STX/USDC PERP | +0.0033% | 1h | 0.3463 | +3.004% | $4K | $264K | 12x | as long as short |
| BloFin STX-USDT | +0.0093% | 8h | 0.3360 | −0.059% | $409K | $215K | 20x | as long as short |
| Aster STXUSDT | +0.0100% | 8h | 0.3364 | +0.072% | $126K | $57K | 10x | as long as short |
| Binance STXUSDT | +0.0100% | 8h | 0.3364 | +0.059% | $7.7M | $18.0M | 75x | as long as short |
| Bybit STXUSDT | +0.0100% | 8h | 0.3358 | −0.104% | $8.5M | $6.5M | 75x | as long as short |
| OKX STX-USDT-SWAP | +0.0100% | 8h | 0.3365 | +0.089% | $2.3M | $5.3M | 20x | as long as short |
Show all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC STX_USDTlong | +0.0100% | 8h | 0.3362 | long leg | $6.0M | $1.2M | 50x | |
| KuCoin STXUSDTM | +0.0100% | 8h | 0.3362 | 0.000% | $2.4M | $1.2M | 50x | as long as short |
| Bitget STXUSDT | +0.0100% | 8h | 0.3360 | −0.059% | $4.6M | $2.0M | 50x | as long as short |
| BingX STX-USDT | +0.0100% | 8h | 0.3364 | +0.059% | — | $13.5M | — | as long as short |
| ApeX Omni STXUSDT | +0.0100% | 1h | 0.3374 | +0.357% | $60K | $697K | 50x | as long as short |
| Extended STX-USD | +0.0104% | 1h | 0.3360 | −0.049% | $179K | $619K | 10x | as long as short |
| Hyperliquid STX | +0.0138% | 1h | 0.3367 | +0.158% | $1.5M | $732K | 5x | as long as short |
| GMX STX/USD [WBTC.b-USDC] | L +0.0190% / S −0.0304% | 1h | 0.3363 | +0.036% | $4K | — | 100x | as long as short |
MEXC STX_USDT
Gate STX_USDT
Kraken Futures PF_STXUSD
Variational Omni STX
gTrade (Gains Network) STX/USD
Injective STX/USDC PERP
BloFin STX-USDT
Aster STXUSDT
Binance STXUSDT
Bybit STXUSDT
OKX STX-USDT-SWAP
KuCoin STXUSDTM
Bitget STXUSDT
BingX STX-USDT
ApeX Omni STXUSDT
Extended STX-USD
Hyperliquid STX
GMX STX/USD [WBTC.b-USDC]