STABLE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0052%/8h= +5.6% APRnext payment +$0.26 per $10,000 · paid last 24h −0.003%

Price spread now: BloFin against Gate+0.040%7-day average +0.003% · you sell dearer than you buy

Net, funding: paid 7d − costs−$418as in the Funding arb table

Net, price: spread back to 7d avg − costs−$391as in the Price arb table

costs, in and out, $10k−$3943.944% of the position

Long on Gate Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.234%−$23 on $10k

Price spread, last 3 days (all we have)−0.010%−$1 · spread now +0.040%, 7d avg +0.003%

Together, before fees−0.244%−$24 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BloFin is 0.037% dearer against Gate than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.003%. Mind the row above: over the last 7 days funding on this pair cost −0.234%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate STABLE_USDT	0.02494	0.0100	pay 0.0050% / 4h	34m 54s	$172K	$88K	50x
Short	BloFin STABLE-USDT	0.02495	0.0152	get 0.0076% / 4h	34m 54s	$113K	$7K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Gate. 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 GatebpFee BloFinbpOrdersPrice spread, now +0.040%Rate

Funding earned: $10.82
Price spread: +0.040% → +0.003%: $3.71
Slippage, 4 orders: −$367.4
Fee Gate: 7.5 bp × 2 orders: −$15
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$379.87
Costs to cover: 3.944%
Break-even: 252.6 days

Slippage from Gate: live order book, 36 min ago; BloFin: live order book, 25 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 Gate live order book, 36 min ago	4.06 bp	175.7 bp −$176	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 25 min ago	4.04 bp	27.1 bp −$27	58.9 bp −$589	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
Aster STABLEUSDT	+0.0080%	4h	0.02494	−0.006%	$19K	$6K	20x	as long as short
Lighter STABLE	+0.0096%	1h	0.02506	+0.485%	$115K	$3K	3x	as long as short
Hyperliquid STABLE	+0.0100%	1h	0.02495	+0.036%	$880K	$227K	3x	as long as short
Binance STABLEUSDT	+0.0100%	4h	0.02494	−0.004%	$2.4M	$2.7M	75x	as long as short
Bybit STABLEUSDT	+0.0100%	4h	0.02496	+0.084%	$1.5M	$755K	25x	as long as short
OKX STABLE-USDT-SWAP	+0.0100%	4h	0.02496	+0.080%	$205K	$410K	20x	as long as short
Gate STABLE_USDTlong	+0.0100%	4h	0.02494	long leg	$172K	$88K	50x
MEXC STABLE_USDT	+0.0100%	4h	0.02493	−0.040%	$665K	$155K	20x	as long as short
KuCoin STABLEUSDTM	+0.0100%	4h	0.02499	+0.200%	$180K	$28K	30x	as long as short
Bitget STABLEUSDT	+0.0100%	4h	0.02495	+0.040%	$294K	$116K	25x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX STABLE-USDT	+0.0100%	4h	0.02494	0.000%	—	$6.6M	—	as long as short
Variational Omni STABLE	+0.0100%	4h	0.02495	+0.049%	$146K	$50K	—	as long as short
SunX STABLE-USDT	+0.0100%	4h	0.02494	−0.004%	$2K	$669K	20x	as long as short
Extended STABLE-USD	+0.0104%	1h	0.02494	−0.019%	$12K	$175K	10x	as long as short
BloFin STABLE-USDTshort	+0.0152%	4h	0.02495	+0.040%	$113K	$7K	75x