Funding you earn now, next payment 04:00 UTC+0.1305%/8h= +142.9% APRpaid last 24h +0.037%
Price spread now: MEXC against KuCoin+0.335%7-day average +0.068% · you sell dearer than you buy
Net, funding: paid 7d − costs−$231as in the Funding arb table
Net, price: spread back to 7d avg − costs−$214as in the Price arb table
costs, in and out, $10k−$2402.405% of the position
Funding, last 7 days+0.090%+$9 on $10k
+Price spread, last 7 days−0.237%−$24 · spread now +0.335%, 7d avg +0.068%
=Both sides work for this trade now. Funding pays +$39 a day on $10k at the current rate, and MEXC is 0.268% dearer against KuCoin than usual: you sell high and buy low: +$27 more if the spread goes back to its 7-day average of +0.068%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.090% in total (about 4.7% 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 | KuCoin STGUSDTM | 0.1193 | 0.0100 | pay 0.0050% / 4h | 35m 56s | $743K | $199K | 30x |
| Short | MEXC STG_USDT | 0.1197 | 0.1405 | get 0.1405% / 8h | 4h 35m | $263K | $85K | 20x |
KuCoin STGUSDTM
MEXC STG_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against KuCoin. 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
- $274.05
- Price spread: +0.335% → +0.068%
- $26.75
- Slippage, 4 orders
- −$224.47
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- $60.33
- Costs to cover
- 2.405%
- Break-even
- 5.5 days
Slippage from KuCoin: live order book, 58 min ago; MEXC: live order book, 4 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 KuCoin live order book, 58 min ago | 16.43 bp | 122.5 bp −$122 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 8.35 bp | 17.3 bp −$17 | 154.1 bp −$1,541 | 388.3 bp −$38.8K | 595.2 bp −$297.6K |
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 | 0.1197 | +0.317% | $2.6M | $5.5M | 20x | as long as short |
| Gate STG_USDT | +0.0100% | 4h | 0.1196 | +0.251% | $105K | $152K | 25x | as long as short |
| KuCoin STGUSDTMlong | +0.0100% | 4h | 0.1193 | long leg | $743K | $199K | 30x | |
| Bitget STGUSDT | +0.0100% | 4h | 0.1194 | +0.084% | $421K | $1.6M | 50x | as long as short |
| Aster STGUSDT | +0.0707% | 4h | 0.1197 | +0.335% | $14K | $51K | 5x | as long as short |
| Variational Omni STG | +0.0941% | 8h | 0.1193 | +0.041% | $32K | $88K | — | as long as short |
| BingX STG-USDT | +0.1258% | 4h | 0.1196 | +0.251% | — | $1.2M | — | as long as short |
| MEXC STG_USDTshort | +0.1405% | 8h | 0.1197 | +0.335% | $263K | $85K | 20x | |
| Bybit STGUSDT | +0.1415% | 8h | 0.1197 | +0.335% | $1.1M | $2.4M | 25x | as long as short |
| Kraken Futures PF_STGUSD | +0.4712% | 1h | 0.1203 | +0.816% | $9K | $10K | 10x | as long as short |
Binance STGUSDT
Gate STG_USDT
Bitget STGUSDT
Aster STGUSDT
Variational Omni STG
BingX STG-USDT
Bybit STGUSDT
Kraken Futures PF_STGUSD