STABLE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0051%/8h= +5.5% APRnext payment +$0.25 per $10,000 · paid last 24h +0.003%

Price spread now: Bitget against BloFin−0.040%105s7-day average +0.019% · you buy dearer than you sell

Net, funding: paid 7d − costs−$177as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1781.780% of the position

Long on BloFin Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.011%+$1 on $10k

Price spread, last 3 days (all we have)0.000%$0 · spread now −0.040%, 7d avg +0.019%

Together, before fees+0.011%+$1 on $10k · with fees, hour by hour

Funding pays, the price is against you. Bitget is 0.060% cheaper against BloFin than usual: you would sell low and buy high (spread −0.040% now, against its 7-day average of +0.019%). If the spread goes back, that is −$6 on $10k: about 3.9 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.011% in total) that is about 39 days. The two prices were read 105 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin STABLE-USDT	0.02495	0.0049	pay 0.0025% / 4h	35m 24s	$113K	$7K	75x
Short	Bitget STABLEUSDT	0.02494	0.0100	get 0.0050% / 4h	35m 24s	$294K	$115K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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

Position, each leg$Hold fordaysFee BloFinbpFee BitgetbpOrdersPrice spread, now −0.040%Rate

Funding earned: $10.61
Price spread: −0.040% → +0.019%: −$5.96
Slippage, 4 orders: −$153.97
Fee BloFin: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$173.32
Costs to cover: 1.780%
Break-even: 121.4 days

Slippage from BloFin: live order book, 25 min ago; Bitget: live order book, 35 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 BloFin live order book, 25 min ago	4.04 bp	13.6 bp −$14	55.6 bp −$556	doesn't fit	doesn't fit
Sell Bitget live order book, 35 min ago	2.03 bp	62.3 bp −$62	272.0 bp −$2,720	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
BloFin STABLE-USDTlong	+0.0049%	4h	0.02495	long leg	$113K	$7K	75x
Aster STABLEUSDT	+0.0080%	4h	0.02493	−0.075%	$19K	$6K	20x	as long as short
Lighter STABLE	+0.0096%	1h	0.02506	+0.421%	$115K	$3K	3x	as long as short
Hyperliquid STABLE	+0.0100%	1h	0.02495	−0.004%	$880K	$227K	3x	as long as short
Binance STABLEUSDT	+0.0100%	4h	0.02494	−0.040%	$2.4M	$2.7M	75x	as long as short
Bybit STABLEUSDT	+0.0100%	4h	0.02495	+0.004%	$1.5M	$755K	25x	as long as short
OKX STABLE-USDT-SWAP	+0.0100%	4h	0.02496	+0.040%	$205K	$410K	20x	as long as short
Gate STABLE_USDT	+0.0100%	4h	0.02493	−0.080%	$172K	$88K	50x	as long as short
MEXC STABLE_USDT	+0.0100%	4h	0.02492	−0.120%	$665K	$155K	20x	as long as short
KuCoin STABLEUSDTM	+0.0100%	4h	0.02499	+0.160%	$180K	$28K	30x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget STABLEUSDTshort	+0.0100%	4h	0.02494	−0.040%	$294K	$115K	25x
BingX STABLE-USDT	+0.0100%	4h	0.02494	−0.040%	—	$6.6M	—	as long as short
Variational Omni STABLE	+0.0100%	4h	0.02495	+0.009%	$146K	$50K	—	as long as short
SunX STABLE-USDT	+0.0100%	4h	0.02493	−0.080%	$2K	$668K	20x	as long as short
Extended STABLE-USD	+0.0104%	1h	0.02493	−0.092%	$12K	$175K	10x	as long as short