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

STABLE

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Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0056%/8h= +6.1% APRnext payment +$0.28 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against BloFin+0.041%7-day average +0.044% · you sell dearer than you buy
Net, funding: paid 7d − costs−$93as in the Funding arb table
Net, price: spread back to 7d avg − costs−$105as in the Price arb table
costs, in and out, $10k−$1051.047% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.113%+$11 on $10k
Price spread, last 4 days (all we have)−0.081%−$8 · spread now +0.041%, 7d avg +0.044%
Together, before fees+0.032%+$3 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.044%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin STABLE-USDT0.024300.0044pay 0.0022% / 4h52m 44s$112K$20K75x
ShortBingX STABLE-USDT0.024310.0100get 0.0050% / 4h52m 44s$6.6M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against BloFin. 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
$11.75
Price spread: +0.041% → +0.044%
−$0.33
Slippage, 4 orders
−$82.75
Fee BloFin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$93.33
Costs to cover
1.047%
Break-even
62.6 days
Slippage from BloFin: live order book, 43 min ago; BingX: live order book, 7 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 BloFin live order book, 43 min ago4.11 bp23.0 bp −$2368.8 bp −$688doesn't fitdoesn't fit
Sell BingX live order book, 7 min ago2.05 bp32.4 bp −$3286.1 bp −$861663.8 bp −$66.4K1178.3 bp −$589.2K

STABLE on 15 exchanges

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-USDTlong+0.0044%4h0.02430long leg$112K$20K75x
Lighter STABLE+0.0096%1h0.02444+0.584%$112K$9K3xas long as short
Hyperliquid STABLE+0.0100%1h0.02430−0.004%$852K$133K3xas long as short
Aster STABLEUSDT+0.0100%4h0.02431+0.061%$18K$9K20xas long as short
Binance STABLEUSDT+0.0100%4h0.02430+0.016%$2.5M$2.5M75xas long as short
Bybit STABLEUSDT+0.0100%4h0.02433+0.107%$1.5M$759K25xas long as short
OKX STABLE-USDT-SWAP+0.0100%4h0.02434+0.165%$211K$399K20xas long as short
Gate STABLE_USDT+0.0100%4h0.02431+0.041%$182K$45K50xas long as short
MEXC STABLE_USDT+0.0100%4h0.02431+0.041%$601K$147K20xas long as short
KuCoin STABLEUSDTM+0.0100%4h0.02437+0.288%$182K$27K30xas long as short
Show all 15 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget STABLEUSDT+0.0100%4h0.02431+0.041%$280K$82K25xas long as short
BingX STABLE-USDTshort+0.0100%4h0.02431+0.041%$6.6M
Variational Omni STABLE+0.0100%4h0.02434+0.159%$143K$8Kas long as short
SunX STABLE-USDT+0.0100%4h0.02432+0.066%$2K$1.0M20xas long as short
Extended STABLE-USD+0.0104%1h0.02430−0.020%$13K$213K10xas long as short