STABLE

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0034%/8h= +3.8% APRnext payment +$0.17 per $10,000 · paid last 24h 0.000%

Price spread now: BloFin against KuCoin−0.361%7-day average −0.147% · you buy dearer than you sell

Net, funding: paid 7d − costs−$817as in the Funding arb table

Net, price: spread back to 7d avg − costs−$827as in the Price arb table

costs, in and out, $10k−$8068.057% of the position

Long on KuCoin Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.109%−$11 on $10k

Price spread, last 4 days (all we have)+0.480%+$48 · spread now −0.361%, 7d avg −0.147%

Together, before fees+0.371%+$37 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.214% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.361% now, against its 7-day average of −0.147%). If the spread goes back, that is −$21 on $10k: about 21 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.109%, 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	KuCoin STABLEUSDTM	0.02493	0.0100	pay 0.0050% / 4h	3h 10m	$186K	$27K	30x
Short	BloFin STABLE-USDT	0.02484	0.0134	get 0.0067% / 4h	3h 10m	$114K	$11K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against KuCoin. 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 KuCoinbpFee BloFinbpOrdersPrice spread, now −0.361%Rate

Funding earned: $7.22
Price spread: −0.361% → −0.147%: −$21.37
Slippage, 4 orders: −$781.66
Fee KuCoin: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$819.8
Costs to cover: 8.057%
Break-even: 801.4 days

Slippage from KuCoin: live order book, 10 min ago; BloFin: live order book, 45 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 KuCoin live order book, 10 min ago	8.05 bp	542.2 bp −$542	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 45 min ago	2.04 bp	8.0 bp −$8	54.1 bp −$541	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
Lighter STABLE	+0.0096%	1h	0.02499	+0.257%	$115K	$10K	3x	as long as short
Hyperliquid STABLE	+0.0100%	1h	0.02487	−0.261%	$874K	$163K	3x	as long as short
Aster STABLEUSDT	+0.0100%	4h	0.02486	−0.263%	$18K	$9K	20x	as long as short
Binance STABLEUSDT	+0.0100%	4h	0.02486	−0.296%	$2.5M	$2.7M	75x	as long as short
Bybit STABLEUSDT	+0.0100%	4h	0.02483	−0.401%	$1.5M	$775K	25x	as long as short
OKX STABLE-USDT-SWAP	+0.0100%	4h	0.02481	−0.481%	$212K	$453K	20x	as long as short
Gate STABLE_USDT	+0.0100%	4h	0.02488	−0.201%	$179K	$57K	50x	as long as short
MEXC STABLE_USDT	+0.0100%	4h	0.02488	−0.201%	$602K	$161K	20x	as long as short
KuCoin STABLEUSDTMlong	+0.0100%	4h	0.02493	long leg	$186K	$27K	30x
Bitget STABLEUSDT	+0.0100%	4h	0.02487	−0.241%	$286K	$87K	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	0.02486	−0.281%	—	$6.6M	—	as long as short
Variational Omni STABLE	+0.0100%	4h	0.02490	−0.117%	$146K	$8K	—	as long as short
SunX STABLE-USDT	+0.0100%	4h	0.02487	−0.249%	$2K	$969K	20x	as long as short
Extended STABLE-USD	+0.0104%	1h	0.02487	−0.227%	$13K	$211K	10x	as long as short
BloFin STABLE-USDTshort	+0.0134%	4h	0.02484	−0.361%	$114K	$11K	75x