Funding you earn now, next payment 12:00 UTC−0.0247%/8h= −27.0% APRpaid last 24h −0.099%
Price spread now: Bitget against MEXC+0.083%7-day average −0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs−$110as in the Funding arb table
Net, price: spread back to 7d avg − costs−$85as in the Price arb table
costs, in and out, $10k−$980.977% 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%
=The price spread pays, funding is against you. Bitget is 0.126% dearer against MEXC than usual: you sell high and buy low (spread +0.083% now, against its 7-day average of −0.043%): +$13 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 41 hours. 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 | MEXC STG_USDT | 0.1210 | 0.1613 | pay 0.1613% / 8h | 6h 54m | $266K | $84K | 20x |
| Short | Bitget STGUSDT | 0.1211 | 0.1366 | get 0.0683% / 4h | 2h 54m | $461K | $1.6M | 50x |
MEXC STG_USDT
Bitget STGUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$51.87
- Price spread: +0.083% → −0.043%
- $12.58
- Slippage, 4 orders
- −$81.66
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$136.95
- Costs to cover
- 0.977%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 20 min ago; Bitget: live order book, 2 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, 20 min ago | 8.24 bp | 17.4 bp −$17 | 150.1 bp −$1,501 | 380.5 bp −$38.0K | 587.3 bp −$293.7K |
| Sell Bitget live order book, 2 min ago | 8.24 bp | 34.7 bp −$35 | 299.9 bp −$2,999 | 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin STGUSDTM | +0.0100% | 4h | 0.1207 | −0.248% | $738K | $221K | 30x | as long as short |
| Gate STG_USDT | +0.0690% | 4h | 0.1209 | −0.083% | $122K | $146K | 25x | as long as short |
| Bitget STGUSDTshort | +0.1366% | 4h | 0.1211 | +0.083% | $461K | $1.6M | 50x | |
| Variational Omni STG | +0.1393% | 8h | 0.1212 | +0.158% | $33K | $34K | — | as long as short |
| BingX STG-USDT | +0.1468% | 4h | 0.1209 | −0.083% | — | $1.2M | — | as long as short |
| Binance STGUSDT | +0.1543% | 4h | 0.1209 | −0.083% | $2.6M | $4.7M | 20x | as long as short |
| Bybit STGUSDT | +0.1608% | 8h | 0.1209 | −0.116% | $1.1M | $2.2M | 25x | as long as short |
| MEXC STG_USDTlong | +0.1613% | 8h | 0.1210 | long leg | $266K | $84K | 20x | |
| Aster STGUSDT | +0.1933% | 4h | 0.1206 | −0.316% | $15K | $44K | 5x | as long as short |
| Kraken Futures PF_STGUSD | +0.8142% | 1h | 0.1217 | +0.543% | $9K | $7K | 10x | as long as short |
KuCoin STGUSDTM
Gate STG_USDT
Variational Omni STG
BingX STG-USDT
Binance STGUSDT
Bybit STGUSDT
Aster STGUSDT
Kraken Futures PF_STGUSD