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

STABLE

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Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Bybit against Extended+0.101%7-day average +0.107% · you sell dearer than you buy
Net, funding: paid 7d − costs−$171as in the Funding arb table
Net, price: spread back to 7d avg − costs−$146as in the Price arb table
costs, in and out, $10k−$1461.457% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.256%−$26 on $10k
Price spread, last 4 days (all we have)+0.062%+$6 · spread now +0.101%, 7d avg +0.107%
Together, before fees−0.194%+ Points / potential airdropExtended: Active · farm board−$19 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended STABLE-USD0.024710.0104pay 0.0013% / 1h1m 17s$12K$175K10x
ShortBybit STABLEUSDT0.024730.0100get 0.0050% / 4h1h 01m$1.5M$752K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Extended. 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
−$0.84
Price spread: +0.101% → +0.107%
−$0.63
Slippage, 4 orders
−$129.7
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$147.17
Costs to cover
1.457%
Break-even
never at this rate
Slippage from Extended: live order book, 15 min ago; Bybit: live order book, 10 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 Extended live order book, 15 min ago4.87 bp38.4 bp −$38282.7 bp −$2,827doesn't fitdoesn't fit
Sell Bybit live order book, 10 min ago4.05 bp37.4 bp −$37239.2 bp −$2,392doesn'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
Aster STABLEUSDT−0.0060%4h0.02470−0.021%$19K$7K20xas long as short
Lighter STABLE+0.0096%1h0.02485+0.603%$114K$3K3xas long as short
Hyperliquid STABLE+0.0100%1h0.02472+0.044%$872K$226K3xas long as short
Binance STABLEUSDT+0.0100%4h0.02472+0.060%$2.4M$2.7M75xas long as short
Bybit STABLEUSDTshort+0.0100%4h0.02473+0.101%$1.5M$752K25x
OKX STABLE-USDT-SWAP+0.0100%4h0.02471+0.020%$203K$405K20xas long as short
Gate STABLE_USDT+0.0100%4h0.02473+0.101%$172K$88K50xas long as short
MEXC STABLE_USDT+0.0100%4h0.02472+0.060%$659K$157K20xas long as short
KuCoin STABLEUSDTM+0.0100%4h0.02480+0.384%$178K$27K30xas long as short
Bitget STABLEUSDT+0.0100%4h0.02472+0.060%$291K$115K25xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX STABLE-USDT+0.0100%4h0.02473+0.101%$6.5Mas long as short
Variational Omni STABLE+0.0100%4h0.02467−0.135%$145K$50Kas long as short
SunX STABLE-USDT+0.0100%4h0.02471+0.008%$2K$659K20xas long as short
Extended STABLE-USDlong+0.0104%1h0.02471long leg$12K$175K10x
BloFin STABLE-USDT+0.0156%4h0.02465−0.223%$112K$7K75xas long as short