STABLE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0036%/8h= −3.9% APRnext payment −$0.18 per $10,000 · paid last 24h −0.003%

Price spread now: BloFin against Binance−0.025%7-day average +0.014% · you buy dearer than you sell

Net, funding: paid 7d − costs−$91as in the Funding arb table

Net, price: spread back to 7d avg − costs−$94as in the Price arb table

costs, in and out, $10k−$900.901% of the position

Long on Binance Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.005%−$1 on $10k

Price spread, last 3 days (all we have)+0.134%+$13 · spread now −0.025%, 7d avg +0.014%

Together, before fees+0.128%+$13 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.039% cheaper against Binance than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.014%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance STABLEUSDT	0.02468	0.0100	pay 0.0050% / 4h	2h 39m	$2.4M	$2.7M	75x
Short	BloFin STABLE-USDT	0.02467	0.0064	get 0.0032% / 4h	2h 39m	$114K	$8K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Binance. 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

Position, each leg$Hold fordaysFee BinancebpFee BloFinbpOrdersPrice spread, now −0.025%Rate

Funding earned: −$7.53
Price spread: −0.025% → +0.014%: −$3.92
Slippage, 4 orders: −$68.09
Fee Binance: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$101.54
Costs to cover: 0.901%
Break-even: never at this rate

Slippage from Binance: live order book, 11 min ago; BloFin: live order book, 40 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 Binance live order book, 11 min ago	2.02 bp	19.6 bp −$20	95.2 bp −$952	doesn't fit	doesn't fit
Sell BloFin live order book, 40 min ago	2.02 bp	28.7 bp −$29	56.9 bp −$569	doesn't fit	doesn't fit

STABLE on 15 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
Aster STABLEUSDT	−0.0313%	4h	0.02469	+0.056%	$19K	$7K	20x	as long as short
BloFin STABLE-USDTshort	+0.0064%	4h	0.02467	−0.025%	$114K	$8K	75x
Hyperliquid STABLE	+0.0064%	1h	0.02468	+0.035%	$871K	$234K	3x	as long as short
Bybit STABLEUSDT	+0.0084%	4h	0.02472	+0.177%	$1.5M	$819K	25x	as long as short
Lighter STABLE	+0.0096%	1h	0.02487	+0.801%	$114K	$3K	3x	as long as short
Binance STABLEUSDTlong	+0.0100%	4h	0.02468	long leg	$2.4M	$2.7M	75x
OKX STABLE-USDT-SWAP	+0.0100%	4h	0.02471	+0.137%	$204K	$417K	20x	as long as short
Gate STABLE_USDT	+0.0100%	4h	0.02469	+0.056%	$171K	$87K	50x	as long as short
MEXC STABLE_USDT	+0.0100%	4h	0.02469	+0.056%	$659K	$157K	20x	as long as short
KuCoin STABLEUSDTM	+0.0100%	4h	0.02476	+0.339%	$174K	$27K	30x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget STABLEUSDT	+0.0100%	4h	0.02474	+0.258%	$291K	$116K	25x	as long as short
BingX STABLE-USDT	+0.0100%	4h	0.02473	+0.218%	—	$6.6M	—	as long as short
Variational Omni STABLE	+0.0100%	4h	0.02473	+0.218%	$145K	$51K	—	as long as short
SunX STABLE-USDT	+0.0100%	4h	0.02469	+0.060%	$2K	$644K	20x	as long as short
Extended STABLE-USD	+0.0104%	1h	0.02467	−0.015%	$12K	$175K	10x	as long as short