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−0.1477%/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
What this pair did over the last
the charts below follow
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%
Together, before fees−0.112%−$11 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC STG_USDT0.12100.1577pay 0.1577% / 8h3h 43m$266K$85K20x
ShortKuCoin STGUSDTM0.12090.0100get 0.0050% / 4h3h 43m$747K$206K30x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 56 min ago8.35 bp17.3 bp −$17152.1 bp −$1,521377.3 bp −$37.7K642.1 bp −$321.0K
Sell KuCoin live order book, 41 min ago8.32 bp194.8 bp −$195722.8 bp −$7,228doesn'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 STGUSDTMshort+0.0100%4h0.1209−0.083%$747K$206K30x
Binance STGUSDT+0.0371%4h0.1212+0.139%$2.6M$5.4M20xas long as short
Bitget STGUSDT+0.0452%4h0.12100.000%$435K$1.6M50xas long as short
Gate STG_USDT+0.0696%4h0.12100.000%$108K$151K25xas long as short
Aster STGUSDT+0.1028%4h0.1206−0.331%$14K$46K5xas long as short
Variational Omni STG+0.1151%8h0.1209−0.042%$32K$73Kas long as short
BingX STG-USDT+0.1408%4h0.12100.000%$1.2Mas long as short
Bybit STGUSDT+0.1577%8h0.1211+0.041%$1.1M$2.4M25xas long as short
MEXC STG_USDTlong+0.1577%8h0.1210long leg$266K$85K20x
Kraken Futures PF_STGUSD+0.5098%1h0.1212+0.195%$9K$10K10xas long as short