STABLE

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0057%/8h= +6.3% APRnext payment +$0.29 per $10,000 · paid last 24h +0.001%

Price spread now: OKX against BloFin−0.080%93s7-day average +0.055% · you buy dearer than you sell

Net, funding: paid 7d − costs−$129as 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−$1151.153% of the position

Long on BloFin Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.135%−$14 on $10k

Price spread, last 3 days (all we have)+0.168%+$17 · spread now −0.080%, 7d avg +0.055%

Together, before fees+0.032%+$3 on $10k · with fees, hour by hour

Funding pays, the price is against you. OKX is 0.134% cheaper against BloFin than usual: you would sell low and buy high (spread −0.080% now, against its 7-day average of +0.055%). If the spread goes back, that is −$13 on $10k: about 7.8 days of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −0.135%, so the current rate has only just turned in your favour. The two prices were read 93 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	0.02511	0.0043	pay 0.0021% / 4h	3h 39m	$116K	$8K	75x
Short	OKX STABLE-USDT-SWAP	0.02509	0.0100	get 0.0050% / 4h	3h 39m	$205K	$445K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.080%Rate

Funding earned: $12.03
Price spread: −0.080% → +0.055%: −$13.43
Slippage, 4 orders: −$93.33
Fee BloFin: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$116.73
Costs to cover: 1.153%
Break-even: 74.9 days

Slippage from BloFin: live order book, 15 min ago; OKX: live order book, 31 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, 15 min ago	3.99 bp	25.9 bp −$26	68.7 bp −$687	doesn't fit	doesn't fit
Sell OKX live order book, 31 min ago	7.93 bp	34.3 bp −$34	1565.7 bp −$15.7K	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	+0.0043%	4h	0.02511	long leg	$116K	$8K	75x
Lighter STABLE	+0.0096%	1h	0.02526	+0.609%	$116K	$8K	3x	as long as short
Hyperliquid STABLE	+0.0100%	1h	0.02513	+0.084%	$886K	$212K	3x	as long as short
Aster STABLEUSDT	+0.0100%	4h	0.02514	+0.112%	$19K	$7K	20x	as long as short
Binance STABLEUSDT	+0.0100%	4h	0.02514	+0.117%	$2.5M	$2.9M	75x	as long as short
Bybit STABLEUSDT	+0.0100%	4h	0.02512	+0.056%	$1.5M	$790K	25x	as long as short
OKX STABLE-USDT-SWAPshort	+0.0100%	4h	0.02509	−0.080%	$205K	$445K	20x
Gate STABLE_USDT	+0.0100%	4h	0.02511	0.000%	$175K	$71K	50x	as long as short
MEXC STABLE_USDT	+0.0100%	4h	0.02512	+0.040%	$624K	$168K	20x	as long as short
KuCoin STABLEUSDTM	+0.0100%	4h	0.02518	+0.279%	$181K	$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	0.02512	+0.040%	$294K	$118K	25x	as long as short
BingX STABLE-USDT	+0.0100%	4h	0.02512	+0.040%	—	$6.6M	—	as long as short
Variational Omni STABLE	+0.0100%	4h	0.02518	+0.283%	$147K	$50K	—	as long as short
SunX STABLE-USDT	+0.0100%	4h	0.02512	+0.044%	$2K	$767K	20x	as long as short
Extended STABLE-USD	+0.0104%	1h	0.02513	+0.075%	$12K	$177K	10x	as long as short