Funding you earn now, next payment 08:00 UTC−0.1477%/8h= −161.7% APRpaid last 24h −0.037%
Price spread now: KuCoin against MEXC−0.083%7-day average −0.069% · you buy dearer than you sell
Net, funding: paid 7d − costs−$352as in the Funding arb table
Net, price: spread back to 7d avg − costs−$345as in the Price arb table
costs, in and out, $10k−$3443.436% of the position
Funding, last 7 days−0.085%−$8 on $10k
+Price spread, last 7 days−0.027%−$3 · spread now −0.083%, 7d avg −0.069%
=The price spread sits at its 7-day average of −0.069%, so right now this pair is about funding alone: −$44 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.085% in total (about -4.4% 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 | 0.1210 | 0.1577 | pay 0.1577% / 8h | 3h 43m | $266K | $85K | 20x |
| Short | KuCoin STGUSDTM | 0.1209 | 0.0100 | get 0.0050% / 4h | 3h 43m | $747K | $206K | 30x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$310.17
- Price spread: −0.083% → −0.069%
- −$1.39
- Slippage, 4 orders
- −$327.64
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$655.2
- Costs to cover
- 3.436%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 56 min ago; KuCoin: live order book, 41 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, 56 min ago | 8.35 bp | 17.3 bp −$17 | 152.1 bp −$1,521 | 377.3 bp −$37.7K | 642.1 bp −$321.0K |
| Sell KuCoin live order book, 41 min ago | 8.32 bp | 194.8 bp −$195 | 722.8 bp −$7,228 | 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 STGUSDTMshort | +0.0100% | 4h | 0.1209 | −0.083% | $747K | $206K | 30x | |
| Binance STGUSDT | +0.0371% | 4h | 0.1212 | +0.139% | $2.6M | $5.4M | 20x | as long as short |
| Bitget STGUSDT | +0.0452% | 4h | 0.1210 | 0.000% | $435K | $1.6M | 50x | as long as short |
| Gate STG_USDT | +0.0696% | 4h | 0.1210 | 0.000% | $108K | $151K | 25x | as long as short |
| Aster STGUSDT | +0.1028% | 4h | 0.1206 | −0.331% | $14K | $46K | 5x | as long as short |
| Variational Omni STG | +0.1151% | 8h | 0.1209 | −0.042% | $32K | $73K | — | as long as short |
| BingX STG-USDT | +0.1408% | 4h | 0.1210 | 0.000% | — | $1.2M | — | as long as short |
| Bybit STGUSDT | +0.1577% | 8h | 0.1211 | +0.041% | $1.1M | $2.4M | 25x | as long as short |
| MEXC STG_USDTlong | +0.1577% | 8h | 0.1210 | long leg | $266K | $85K | 20x | |
| Kraken Futures PF_STGUSD | +0.5098% | 1h | 0.1212 | +0.195% | $9K | $10K | 10x | as long as short |
MEXC STG_USDT
KuCoin STGUSDTM
Binance STGUSDT
Bitget STGUSDT
Gate STG_USDT
Aster STGUSDT
Variational Omni STG
BingX STG-USDT
Bybit STGUSDT
Kraken Futures PF_STGUSD