STABLE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0010%/8h= +1.1% APRnext payment +$0.05 per $10,000 · paid last 24h +0.002%

Price spread now: Gate against BloFin−0.082%7-day average +0.003% · you buy dearer than you sell

Net, funding: paid 7d − costs−$291as in the Funding arb table

Net, price: spread back to 7d avg − costs−$323as in the Price arb table

costs, in and out, $10k−$3153.145% of the position

Long on BloFin Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.232%+$23 on $10k

Price spread, last 4 days (all we have)+0.016%+$2 · spread now −0.082%, 7d avg +0.003%

Together, before fees+0.248%+$25 on $10k · with fees, hour by hour

Funding pays, the price is against you. Gate is 0.085% cheaper against BloFin than usual: you would sell low and buy high (spread −0.082% now, against its 7-day average of +0.003%). If the spread goes back, that is −$8 on $10k: about 28 days of funding at the current rate ($0 a day). At the pace of the last 7 days (+0.232% in total) that is about 2.6 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin STABLE-USDT	0.02439	0.0090	pay 0.0045% / 4h	3h 33m	$115K	$7K	75x
Short	Gate STABLE_USDT	0.02437	0.0100	get 0.0050% / 4h	3h 33m	$174K	$60K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.082%Rate

Funding earned: $2.14
Price spread: −0.082% → +0.003%: −$8.46
Slippage, 4 orders: −$287.54
Fee BloFin: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$320.85
Costs to cover: 3.145%
Break-even: 1054.3 days

Slippage from BloFin: live order book, 55 min ago; Gate: live order book, 13 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, 55 min ago	4.04 bp	17.8 bp −$18	50.5 bp −$505	doesn't fit	doesn't fit
Sell Gate live order book, 13 min ago	6.16 bp	142.7 bp −$143	doesn't fit	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	+0.0090%	4h	0.02439	long leg	$115K	$7K	75x
Lighter STABLE	+0.0096%	1h	0.02454	+0.623%	$113K	$6K	3x	as long as short
Hyperliquid STABLE	+0.0100%	1h	0.02439	−0.021%	$856K	$183K	3x	as long as short
Aster STABLEUSDT	+0.0100%	4h	0.02440	+0.041%	$18K	$10K	20x	as long as short
Binance STABLEUSDT	+0.0100%	4h	0.02439	0.000%	$2.5M	$2.8M	75x	as long as short
Bybit STABLEUSDT	+0.0100%	4h	0.02443	+0.180%	$1.5M	$817K	25x	as long as short
OKX STABLE-USDT-SWAP	+0.0100%	4h	0.02439	0.000%	$201K	$419K	20x	as long as short
Gate STABLE_USDTshort	+0.0100%	4h	0.02437	−0.082%	$174K	$60K	50x
MEXC STABLE_USDT	+0.0100%	4h	0.02439	0.000%	$583K	$161K	20x	as long as short
KuCoin STABLEUSDTM	+0.0100%	4h	0.02445	+0.246%	$177K	$29K	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	0.02442	+0.123%	$281K	$93K	25x	as long as short
BingX STABLE-USDT	+0.0100%	4h	0.02442	+0.123%	—	$6.5M	—	as long as short
Variational Omni STABLE	+0.0100%	4h	0.02441	+0.085%	$143K	$50K	—	as long as short
SunX STABLE-USDT	+0.0100%	4h	0.02441	+0.070%	$1K	$892K	20x	as long as short
Extended STABLE-USD	+0.0104%	1h	0.02439	+0.011%	$12K	$134K	10x	as long as short