Funding you earn now, next payment 00:00 UTC−0.0010%/8h= −1.1% APRnext payment −$0.05 per $10,000 · paid last 24h +0.002%
Price spread now: BloFin against Binance+0.013%7-day average +0.027% · you sell dearer than you buy
Net, funding: paid 7d − costs−$196as in the Funding arb table
Net, price: spread back to 7d avg − costs−$197as in the Price arb table
costs, in and out, $10k−$1951.954% of the position
Funding, last 7 days−0.004%$0 on $10k
+Price spread, last 3 days (all we have)−0.287%−$29 · spread now +0.013%, 7d avg +0.027%
=The price spread sits at its 7-day average of +0.027%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance STBLUSDT | 0.02637 | 0.0100 | pay 0.0050% / 4h | 1h 53m | $1.9M | $2.2M | 50x |
| Short | BloFin STBL-USDT | 0.02637 | 0.0090 | get 0.0045% / 4h | 1h 53m | $127K | $22K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$2.19
- Price spread: +0.013% → +0.027%
- −$1.38
- Slippage, 4 orders
- −$173.41
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$198.98
- Costs to cover
- 1.954%
- Break-even
- never at this rate
Slippage from Binance: live order book, 12 min ago; BloFin: live order book, 20 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 Binance live order book, 12 min ago | 1.90 bp | 50.9 bp −$51 | 360.8 bp −$3,608 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 20 min ago | 7.60 bp | 48.9 bp −$49 | 117.7 bp −$1,177 | doesn't fit | doesn't fit |
STBL on 12 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 STBL-USDTshort | +0.0090% | 4h | 0.02637 | +0.013% | $127K | $22K | 50x | |
| Lighter STBL | +0.0096% | 1h | 0.02627 | −0.366% | $79K | $2K | 3x | as long as short |
| Hyperliquid STBL | +0.0100% | 1h | 0.02630 | −0.245% | $1.9M | $283K | 3x | as long as short |
| Binance STBLUSDTlong | +0.0100% | 4h | 0.02637 | long leg | $1.9M | $2.2M | 50x | |
| MEXC STBL_USDT | +0.0100% | 4h | 0.02636 | −0.025% | $365K | $146K | 100x | as long as short |
| KuCoin STBLUSDTM | +0.0100% | 4h | 0.02633 | −0.139% | $1.1M | $229K | 20x | as long as short |
| BingX STBL-USDT | +0.0100% | 4h | 0.02636 | −0.025% | — | $6.6M | — | as long as short |
| Variational Omni STBL | +0.0100% | 4h | 0.02635 | −0.052% | $962 | $282 | — | as long as short |
| SunX STBL-USDT | +0.0100% | 4h | 0.02632 | −0.177% | $2K | $1.1M | 20x | as long as short |
| Bybit STBLUSDT | +0.0170% | 4h | 0.02632 | −0.177% | $1.5M | $686K | 20x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate STBL_USDT | +0.0510% | 4h | 0.02639 | +0.089% | $1.2M | $117K | 50x | as long as short |
| Aster STBLUSDT | +0.0765% | 4h | 0.02630 | −0.252% | $88K | $6K | 5x | as long as short |
Binance STBLUSDT
BloFin STBL-USDT
Lighter STBL
Hyperliquid STBL
MEXC STBL_USDT
KuCoin STBLUSDTM
BingX STBL-USDT
Variational Omni STBL
SunX STBL-USDT
Bybit STBLUSDT
Gate STBL_USDT
Aster STBLUSDT