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

STBL

all STBL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0370%/8h= −40.5% APRpaid last 24h −0.284%
Price spread now: Hyperliquid against Aster−0.084%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.410%−$41 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · Hyperliquid: Season 2 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Hyperliquid is 0.084% cheaper against Aster than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster STBLUSDT0.026340.0470pay 0.0235% / 4h1h 24m$88K$6K5x
ShortHyperliquid STBL0.026320.0100get 0.0013% / 1h24m 46s$1.9M$280K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against Aster. 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
−$77.61
Price spread: −0.084% → 0.000%
−$8.44
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$103.05
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Aster: no order-book sample; Hyperliquid: live order book, 6 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster no order-book sample
Sell Hyperliquid live order book, 6 min ago1.33 bp37.3 bp −$37doesn't fitdoesn't fitdoesn't fit
Aster: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

STBL on 12 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
BloFin STBL-USDT+0.0046%4h0.02633−0.035%$126K$22K50xas long as short
Lighter STBL+0.0096%1h0.02628−0.225%$79K$2K3xas long as short
Hyperliquid STBLshort+0.0100%1h0.02632−0.084%$1.9M$280K3x
Binance STBLUSDT+0.0100%4h0.02638+0.161%$1.9M$2.2M50xas long as short
MEXC STBL_USDT+0.0100%4h0.02637+0.117%$369K$149K100xas long as short
KuCoin STBLUSDTM+0.0100%4h0.02630−0.149%$1.1M$230K20xas long as short
Variational Omni STBL+0.0100%4h0.02633−0.047%$962$282as long as short
SunX STBL-USDT+0.0100%4h0.02630−0.149%$2K$1.1M20xas long as short
Bybit STBLUSDT+0.0226%4h0.02635+0.041%$1.5M$686K20xas long as short
BingX STBL-USDT+0.0248%4h0.02638+0.155%$6.6Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate STBL_USDT+0.0362%4h0.02641+0.269%$1.2M$117K50xas long as short
Aster STBLUSDTlong+0.0470%4h0.02634long leg$88K$6K5x