Funding you earn now, next payment 16:00 UTC−0.0101%/8h= −11.0% APRnext payment −$1.01 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against MEXC−0.025%7-day average +0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$179as in the Funding arb table
Net, price: spread back to 7d avg − costs−$183as in the Price arb table
costs, in and out, $10k−$1791.785% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 7 days+0.037%+$4 · spread now −0.025%, 7d avg +0.021%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bybit is 0.046% cheaper against MEXC than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.021%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC STG_USDT | 0.1201 | 0.1624 | pay 0.1624% / 8h | 7h 30m | $264K | $85K | 20x |
| Short | Bybit STGUSDT | 0.1201 | 0.1523 | get 0.1523% / 8h | 7h 30m | $1.1M | $2.3M | 25x |
MEXC STG_USDT
Bybit STGUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$21.14
- Price spread: −0.025% → +0.021%
- −$4.61
- Slippage, 4 orders
- −$163.55
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$204.29
- Costs to cover
- 1.785%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 49 min ago; Bybit: 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, 49 min ago | 8.25 bp | 17.3 bp −$17 | 153.6 bp −$1,536 | 381.7 bp −$38.2K | 723.8 bp −$361.9K |
| Sell Bybit live order book, 1 min ago | 2.08 bp | 60.7 bp −$61 | 268.7 bp −$2,687 | 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 | 0.1199 | −0.167% | $741K | $226K | 30x | as long as short |
| Variational Omni STG | +0.1382% | 8h | 0.1201 | −0.021% | $33K | $59K | — | as long as short |
| Bitget STGUSDT | +0.1402% | 4h | 0.1202 | +0.083% | $439K | $1.7M | 50x | as long as short |
| Binance STGUSDT | +0.1427% | 4h | 0.1202 | +0.065% | $2.6M | $5.0M | 20x | as long as short |
| Gate STG_USDT | +0.1458% | 4h | 0.1203 | +0.167% | $121K | $164K | 25x | as long as short |
| Bybit STGUSDTshort | +0.1523% | 8h | 0.1201 | −0.025% | $1.1M | $2.3M | 25x | |
| MEXC STG_USDTlong | +0.1624% | 8h | 0.1201 | long leg | $264K | $85K | 20x | |
| BingX STG-USDT | +0.1656% | 4h | 0.1201 | 0.000% | — | $1.2M | — | as long as short |
| Aster STGUSDT | +0.1968% | 4h | 0.1201 | +0.019% | $15K | $44K | 5x | as long as short |
| Kraken Futures PF_STGUSD | +0.7489% | 1h | 0.1208 | +0.621% | $9K | $7K | 10x | as long as short |
KuCoin STGUSDTM
Variational Omni STG
Bitget STGUSDT
Binance STGUSDT
Gate STG_USDT
BingX STG-USDT
Aster STGUSDT
Kraken Futures PF_STGUSD