Settings8H · net · $10k
Funding arb · Price arb /

STG

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0608%/8h= −66.6% APRpaid last 24h −0.037%
Price spread now: Gate against MEXC+0.082%7-day average −0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$292as in the Funding arb table
Net, price: spread back to 7d avg − costs−$274as in the Price arb table
costs, in and out, $10k−$2852.852% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.066%−$7 on $10k
Price spread, last 7 days+0.028%+$3 · spread now +0.082%, 7d avg −0.033%
Together, before fees−0.038%−$4 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Gate is 0.115% dearer against MEXC than usual: you sell high and buy low (spread +0.082% now, against its 7-day average of −0.033%): +$12 on $10k if it goes back. Holding the pair costs −$18 a day in funding at the current rate, which eats that in about 15 hours. At the pace of the last 7 days (−0.066% in total) that is about 12 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.066% in total (about -3.4% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC STG_USDT0.12130.1456pay 0.1456% / 8h18m 47s$267K$86K20x
ShortGate STG_USDT0.12140.0848get 0.0424% / 4h18m 47s$112K$167K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against MEXC. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$127.68
Price spread: +0.082% → −0.033%
$11.53
Slippage, 4 orders
−$266.2
Fee MEXC: 2 bp × 2 orders
−$4
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$401.35
Costs to cover
2.852%
Break-even
never at this rate
Slippage from MEXC: live order book, 1 min ago; Gate: live order book, 12 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 1 min ago8.25 bp17.3 bp −$17153.6 bp −$1,536381.7 bp −$38.2K723.8 bp −$361.9K
Sell Gate live order book, 12 min ago8.23 bp135.8 bp −$136doesn't fitdoesn't fitdoesn't fit

STG on 10 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin STGUSDTM+0.0100%4h0.1211−0.165%$740K$228K30xas long as short
Gate STG_USDTshort+0.0848%4h0.1214+0.082%$112K$167K25x
Binance STGUSDT+0.1277%4h0.1215+0.125%$2.6M$5.1M20xas long as short
Variational Omni STG+0.1305%8h0.1211−0.133%$33K$59Kas long as short
BingX STG-USDT+0.1306%4h0.1212−0.082%$1.2Mas long as short
Bitget STGUSDT+0.1362%4h0.12130.000%$432K$1.7M50xas long as short
MEXC STG_USDTlong+0.1456%8h0.1213long leg$267K$86K20x
Bybit STGUSDT+0.1458%8h0.1213−0.008%$1.1M$2.4M25xas long as short
Aster STGUSDT+0.1867%4h0.1212−0.082%$15K$44K5xas long as short
Kraken Futures PF_STGUSD+0.7448%1h0.1218+0.437%$9K$8K10xas long as short