Funding you earn now, next payment 04:00 UTC+0.1493%/8h= +163.5% APRpaid last 24h +0.102%
Price spread now: MEXC against Binance−0.246%7-day average +0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costs−$139as in the Price arb table
costs, in and out, $10k−$1121.121% of the position
Funding, last 7 days+0.172%+$17 on $10k
+Price spread, last 7 days+0.235%+$24 · spread now −0.246%, 7d avg +0.023%
=Funding pays, the price is against you. MEXC is 0.269% cheaper against Binance than usual: you would sell low and buy high (spread −0.246% now, against its 7-day average of +0.023%). If the spread goes back, that is −$27 on $10k: about 14 hours of funding at the current rate (+$45 a day). At the pace of the last 7 days (+0.172% in total) that is about 11 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.172% in total (about 9.0% 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 | Binance STGUSDT | 0.1219 | 0.0100 | pay 0.0050% / 4h | 1h 04m | $2.7M | $5.7M | 20x |
| Short | MEXC STG_USDT | 0.1216 | 0.1593 | get 0.1593% / 8h | 5h 04m | $268K | $87K | 20x |
Binance STGUSDT
MEXC STG_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Binance. 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
- $313.53
- Price spread: −0.246% → +0.023%
- −$26.93
- Slippage, 4 orders
- −$98.15
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- $174.45
- Costs to cover
- 1.121%
- Break-even
- 3.1 days
Slippage from Binance: live order book, 4 min ago; MEXC: live order book, 40 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 Binance live order book, 4 min ago | 4.10 bp | 39.2 bp −$39 | 387.2 bp −$3,872 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 40 min ago | 4.08 bp | 13.7 bp −$14 | 148.8 bp −$1,488 | 380.9 bp −$38.1K | 715.6 bp −$357.8K |
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 STGUSDTlong | +0.0100% | 4h | 0.1219 | long leg | $2.7M | $5.7M | 20x | |
| Gate STG_USDT | +0.0100% | 4h | 0.1219 | 0.000% | $108K | $162K | 25x | as long as short |
| KuCoin STGUSDTM | +0.0100% | 4h | 0.1216 | −0.246% | $763K | $201K | 30x | as long as short |
| Bitget STGUSDT | +0.0100% | 4h | 0.1218 | −0.082% | $436K | $1.6M | 50x | as long as short |
| Aster STGUSDT | +0.0833% | 4h | 0.1220 | +0.046% | $15K | $50K | 5x | as long as short |
| Variational Omni STG | +0.0893% | 8h | 0.1220 | +0.099% | $27K | $81K | — | as long as short |
| BingX STG-USDT | +0.1448% | 4h | 0.1219 | 0.000% | — | $1.2M | — | as long as short |
| Bybit STGUSDT | +0.1592% | 8h | 0.1220 | +0.049% | $1.1M | $2.4M | 25x | as long as short |
| MEXC STG_USDTshort | +0.1593% | 8h | 0.1216 | −0.246% | $268K | $87K | 20x | |
| Kraken Futures PF_STGUSD | +0.3310% | 1h | 0.1223 | +0.290% | $9K | $10K | 10x | as long as short |
Gate STG_USDT
KuCoin STGUSDTM
Bitget STGUSDT
Aster STGUSDT
Variational Omni STG
BingX STG-USDT
Bybit STGUSDT
Kraken Futures PF_STGUSD