Funding arb · Price arb /

STABLE

all STABLE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Binance against SunX+0.044%7-day average −0.043% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on SunX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.252%−$25 on $10k

Price spread, last 4 days (all we have)−0.414%−$41 · spread now +0.044%, 7d avg −0.043%

Together, before fees−0.666%−$67 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.088% dearer against SunX than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.043%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX STABLE-USDT	0.02487	0.0100	pay 0.0050% / 4h	3h 05m	$2K	$973K	20x
Short	Binance STABLEUSDT	0.02488	0.0100	get 0.0050% / 4h	3h 05m	$2.5M	$2.7M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against SunX. 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 SunXbpFee BinancebpOrdersPrice spread, now +0.044%Rate

Funding earned: $0
Price spread: +0.044% → −0.043%: $8.77
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Binance: 5 bp × 2 orders: −$10
Net: −$9.23
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: SunX: live order book, 37 min ago; Binance: live order book, 15 min ago. Net counts fees only.

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 SunX live order book, 37 min ago	498.58 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 15 min ago	2.01 bp	28.5 bp −$28	110.6 bp −$1,106	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-USDT	+0.0058%	4h	0.02488	+0.044%	$115K	$11K	75x	as long as short
Lighter STABLE	+0.0096%	1h	0.02498	+0.450%	$115K	$10K	3x	as long as short
Hyperliquid STABLE	+0.0100%	1h	0.02489	+0.064%	$872K	$161K	3x	as long as short
Aster STABLEUSDT	+0.0100%	4h	0.02486	−0.018%	$18K	$9K	20x	as long as short
Binance STABLEUSDTshort	+0.0100%	4h	0.02488	+0.044%	$2.5M	$2.7M	75x
Bybit STABLEUSDT	+0.0100%	4h	0.02489	+0.092%	$1.5M	$774K	25x	as long as short
OKX STABLE-USDT-SWAP	+0.0100%	4h	0.02488	+0.044%	$213K	$454K	20x	as long as short
Gate STABLE_USDT	+0.0100%	4h	0.02487	+0.004%	$179K	$57K	50x	as long as short
MEXC STABLE_USDT	+0.0100%	4h	0.02487	+0.004%	$604K	$161K	20x	as long as short
KuCoin STABLEUSDTM	+0.0100%	4h	0.02497	+0.406%	$187K	$27K	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	0.02490	+0.125%	$286K	$87K	25x	as long as short
BingX STABLE-USDT	+0.0100%	4h	0.02486	−0.036%	—	$6.6M	—	as long as short
Variational Omni STABLE	+0.0100%	4h	0.02489	+0.068%	$146K	$8K	—	as long as short
SunX STABLE-USDTlong	+0.0100%	4h	0.02487	long leg	$2K	$973K	20x
Extended STABLE-USD	+0.0104%	1h	0.02487	+0.017%	$13K	$211K	10x	as long as short