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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC STG_USDT | 0.1213 | 0.1456 | pay 0.1456% / 8h | 18m 47s | $267K | $86K | 20x |
| Short | Gate STG_USDT | 0.1214 | 0.0848 | get 0.0424% / 4h | 18m 47s | $112K | $167K | 25x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy MEXC live order book, 1 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 Gate live order book, 12 min ago | 8.23 bp | 135.8 bp −$136 | doesn't fit | 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 | 0.1211 | −0.165% | $740K | $228K | 30x | as long as short |
| Gate STG_USDTshort | +0.0848% | 4h | 0.1214 | +0.082% | $112K | $167K | 25x | |
| Binance STGUSDT | +0.1277% | 4h | 0.1215 | +0.125% | $2.6M | $5.1M | 20x | as long as short |
| Variational Omni STG | +0.1305% | 8h | 0.1211 | −0.133% | $33K | $59K | — | as long as short |
| BingX STG-USDT | +0.1306% | 4h | 0.1212 | −0.082% | — | $1.2M | — | as long as short |
| Bitget STGUSDT | +0.1362% | 4h | 0.1213 | 0.000% | $432K | $1.7M | 50x | as long as short |
| MEXC STG_USDTlong | +0.1456% | 8h | 0.1213 | long leg | $267K | $86K | 20x | |
| Bybit STGUSDT | +0.1458% | 8h | 0.1213 | −0.008% | $1.1M | $2.4M | 25x | as long as short |
| Aster STGUSDT | +0.1867% | 4h | 0.1212 | −0.082% | $15K | $44K | 5x | as long as short |
| Kraken Futures PF_STGUSD | +0.7448% | 1h | 0.1218 | +0.437% | $9K | $8K | 10x | as long as short |
MEXC STG_USDT
Gate STG_USDT
KuCoin STGUSDTM
Binance STGUSDT
Variational Omni STG
BingX STG-USDT
Bitget STGUSDT
Bybit STGUSDT
Aster STGUSDT
Kraken Futures PF_STGUSD