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

STABLE

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0021%/8h= −2.3% APRnext payment $0.10 per $10,000 · paid last 24h −0.001%
Price spread now: BloFin against Bitget−0.040%7-day average −0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$194as in the Funding arb table
Net, price: spread back to 7d avg − costs−$194as in the Price arb table
costs, in and out, $10k−$1931.927% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.011%−$1 on $10k
Price spread, last 4 days (all we have)+0.159%+$16 · spread now −0.040%, 7d avg −0.022%
Together, before fees+0.149%+$15 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.022%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget STABLEUSDT0.024960.0100pay 0.0050% / 4h1h 19m$287K$92K25x
ShortBloFin STABLE-USDT0.024950.0079get 0.0040% / 4h1h 19m$118K$7K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Bitget. 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
−$4.41
Price spread: −0.040% → −0.022%
−$1.8
Slippage, 4 orders
−$168.66
Fee Bitget: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$198.86
Costs to cover
1.927%
Break-even
never at this rate
Slippage from Bitget: live order book, 36 min ago; BloFin: live order book, 17 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 Bitget live order book, 36 min ago2.01 bp67.7 bp −$68239.3 bp −$2,393doesn't fitdoesn't fit
Sell BloFin live order book, 17 min ago2.02 bp30.3 bp −$3069.3 bp −$693doesn't fitdoesn't fit

STABLE on 15 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
BloFin STABLE-USDTshort+0.0079%4h0.02495−0.040%$118K$7K75x
Lighter STABLE+0.0096%1h0.02505+0.341%$115K$6K3xas long as short
Hyperliquid STABLE+0.0100%1h0.02493−0.120%$877K$179K3xas long as short
Aster STABLEUSDT+0.0100%4h0.02493−0.108%$19K$8K20xas long as short
Binance STABLEUSDT+0.0100%4h0.02494−0.071%$2.6M$2.7M75xas long as short
Bybit STABLEUSDT+0.0100%4h0.02497+0.024%$1.5M$730K25xas long as short
OKX STABLE-USDT-SWAP+0.0100%4h0.02495−0.040%$201K$382K20xas long as short
Gate STABLE_USDT+0.0100%4h0.02494−0.080%$174K$57K50xas long as short
MEXC STABLE_USDT+0.0100%4h0.02493−0.120%$617K$168K20xas long as short
KuCoin STABLEUSDTM+0.0100%4h0.02499+0.120%$185K$29K30xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget STABLEUSDTlong+0.0100%4h0.02496long leg$287K$92K25x
BingX STABLE-USDT+0.0100%4h0.02494−0.080%$6.6Mas long as short
Variational Omni STABLE+0.0100%4h0.02495−0.059%$146K$50Kas long as short
SunX STABLE-USDT+0.0100%4h0.02493−0.108%$2K$832K20xas long as short
Extended STABLE-USD+0.0104%1h0.02494−0.099%$14K$138K10xas long as short