Funding you earn now, next payment 12:00 UTC+0.0313%/8h= +34.3% APRpaid last 24h +0.099%
Price spread now: MEXC against Bitget−0.083%7-day average +0.043% · you buy dearer than you sell
Net, funding: paid 7d − costs−$87as in the Funding arb table
Net, price: spread back to 7d avg − costs−$112as in the Price arb table
costs, in and out, $10k−$990.994% of the position
Funding, last 7 days+0.121%+$12 on $10k
+Price spread, last 7 days+0.051%+$5 · spread now −0.083%, 7d avg +0.043%
=Funding pays, the price is against you. MEXC is 0.126% cheaper against Bitget than usual: you would sell low and buy high (spread −0.083% now, against its 7-day average of +0.043%). If the spread goes back, that is −$13 on $10k: about 32 hours of funding at the current rate (+$9 a day). At the pace of the last 7 days (+0.121% in total) that is about 7.3 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.121% in total (about 6.3% 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 | Bitget STGUSDT | 0.1211 | 0.1372 | pay 0.0686% / 4h | 2h 58m | $463K | $1.6M | 50x |
| Short | MEXC STG_USDT | 0.1210 | 0.1685 | get 0.1685% / 8h | 6h 58m | $266K | $84K | 20x |
Bitget STGUSDT
MEXC STG_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Bitget. 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
- $65.73
- Price spread: −0.083% → +0.043%
- −$12.57
- Slippage, 4 orders
- −$83.45
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$46.29
- Costs to cover
- 0.994%
- Break-even
- 11.9 days
Slippage from Bitget: live order book, 3 min ago; MEXC: live order book, 17 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 Bitget live order book, 3 min ago | 8.23 bp | 35.4 bp −$35 | 525.6 bp −$5,256 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 17 min ago | 8.24 bp | 17.4 bp −$17 | 155.8 bp −$1,558 | 385.9 bp −$38.6K | 656.2 bp −$328.1K |
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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin STGUSDTM | +0.0100% | 4h | 0.1208 | −0.248% | $738K | $225K | 30x | as long as short |
| Gate STG_USDT | +0.0810% | 4h | 0.1212 | +0.083% | $122K | $146K | 25x | as long as short |
| Bitget STGUSDTlong | +0.1372% | 4h | 0.1211 | long leg | $463K | $1.6M | 50x | |
| Variational Omni STG | +0.1418% | 8h | 0.1214 | +0.237% | $33K | $40K | — | as long as short |
| Binance STGUSDT | +0.1546% | 4h | 0.1210 | −0.083% | $2.6M | $4.7M | 20x | as long as short |
| BingX STG-USDT | +0.1570% | 4h | 0.1209 | −0.165% | — | $1.2M | — | as long as short |
| Bybit STGUSDT | +0.1632% | 8h | 0.1207 | −0.322% | $1.1M | $2.2M | 25x | as long as short |
| MEXC STG_USDTshort | +0.1685% | 8h | 0.1210 | −0.083% | $266K | $84K | 20x | |
| Aster STGUSDT | +0.1938% | 4h | 0.1206 | −0.403% | $15K | $44K | 5x | as long as short |
| Kraken Futures PF_STGUSD | +0.8142% | 1h | 0.1217 | +0.465% | $9K | $7K | 10x | as long as short |
KuCoin STGUSDTM
Gate STG_USDT
Variational Omni STG
Binance STGUSDT
BingX STG-USDT
Bybit STGUSDT
Aster STGUSDT
Kraken Futures PF_STGUSD