Funding you earn now, next payment 00:00 UTC−0.0072%/8h= −7.9% APRpaid last 24h −0.078%
Price spread now: Binance against MEXC+0.136%7-day average −0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$113as in the Funding arb table
Net, price: spread back to 7d avg − costs−$83as in the Price arb table
costs, in and out, $10k−$990.988% of the position
Funding, last 7 days−0.143%−$14 on $10k
+Price spread, last 7 days−0.115%−$11 · spread now +0.136%, 7d avg −0.022%
=The price spread pays, funding is against you. Binance is 0.159% dearer against MEXC than usual: you sell high and buy low (spread +0.136% now, against its 7-day average of −0.022%): +$16 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 7.4 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC STG_USDT | 0.1218 | 0.0172 | pay 0.0172% / 8h | 1h 07m | $268K | $87K | 20x |
| Short | Binance STGUSDT | 0.1220 | 0.0100 | get 0.0050% / 4h | 1h 07m | $2.7M | $6.0M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- −$15.12
- Price spread: +0.136% → −0.022%
- $15.9
- Slippage, 4 orders
- −$84.77
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$97.99
- Costs to cover
- 0.988%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 66 min ago; Binance: live order book, 1 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, 66 min ago | 8.28 bp | 17.6 bp −$18 | 153.7 bp −$1,537 | 386.6 bp −$38.7K | 713.9 bp −$356.9K |
| Sell Binance live order book, 1 min ago | 4.10 bp | 39.0 bp −$39 | 238.5 bp −$2,385 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster STGUSDT | +0.0100% | 4h | 0.1218 | −0.012% | $16K | $55K | 5x | as long as short |
| Binance STGUSDTshort | +0.0100% | 4h | 0.1220 | +0.136% | $2.7M | $6.0M | 20x | |
| Gate STG_USDT | +0.0100% | 4h | 0.1218 | 0.000% | $105K | $213K | 25x | as long as short |
| KuCoin STGUSDTM | +0.0100% | 4h | 0.1219 | +0.082% | $769K | $162K | 30x | as long as short |
| Bitget STGUSDT | +0.0100% | 4h | 0.1219 | +0.082% | $459K | $1.4M | 50x | as long as short |
| Variational Omni STG | +0.0100% | 8h | 0.1222 | +0.311% | $27K | $90K | — | as long as short |
| MEXC STG_USDTlong | +0.0172% | 8h | 0.1218 | long leg | $268K | $87K | 20x | |
| BingX STG-USDT | +0.0174% | 4h | 0.1221 | +0.246% | — | $1.2M | — | as long as short |
| Bybit STGUSDT | +0.0175% | 8h | 0.1221 | +0.238% | $1.1M | $2.3M | 25x | as long as short |
| Kraken Futures PF_STGUSD | +0.1628% | 1h | 0.1222 | +0.322% | $9K | $10K | 10x | as long as short |
MEXC STG_USDT
Binance STGUSDT
Aster STGUSDT
Gate STG_USDT
KuCoin STGUSDTM
Bitget STGUSDT
Variational Omni STG
BingX STG-USDT
Bybit STGUSDT
Kraken Futures PF_STGUSD