Funding you earn now, next payment 04:00 UTC−0.0296%/8h= −32.4% APRnext payment −$1.48 per $10,000 · paid last 24h −0.158%
Price spread now: BloFin against BingX+0.188%7-day average +0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$256as in the Funding arb table
Net, price: spread back to 7d avg − costs−$207as in the Price arb table
costs, in and out, $10k−$2242.240% of the position
Funding, last 7 days−0.322%−$32 on $10k
+Price spread, last 4 days (all we have)−0.413%−$41 · spread now +0.188%, 7d avg +0.020%
=The price spread pays, funding is against you. BloFin is 0.168% dearer against BingX than usual: you sell high and buy low (spread +0.188% now, against its 7-day average of +0.020%): +$17 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 45 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX STBL-USDT | 0.02664 | 0.0454 | pay 0.0227% / 4h | 29m 06s | — | $6.6M | — |
| Short | BloFin STBL-USDT | 0.02669 | 0.0158 | get 0.0079% / 4h | 29m 06s | $127K | $22K | 50x |
BingX STBL-USDT
BloFin STBL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against BingX. 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
- −$62.14
- Price spread: +0.188% → +0.020%
- $16.78
- Slippage, 4 orders
- −$202.01
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$269.36
- Costs to cover
- 2.240%
- Break-even
- never at this rate
Slippage from BingX: live order book, 7 min ago; BloFin: live order book, 67 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 BingX live order book, 7 min ago | 26.40 bp | 76.9 bp −$77 | 290.7 bp −$2,907 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 67 min ago | 7.53 bp | 45.0 bp −$45 | 132.4 bp −$1,324 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter STBL | +0.0096% | 1h | 0.02656 | −0.300% | $80K | $2K | 3x | as long as short |
| Aster STBLUSDT | +0.0100% | 4h | 0.02662 | −0.073% | $89K | $5K | 5x | as long as short |
| Binance STBLUSDT | +0.0100% | 4h | 0.02665 | +0.050% | $1.9M | $2.1M | 50x | as long as short |
| Gate STBL_USDT | +0.0100% | 4h | 0.02675 | +0.413% | $1.2M | $94K | 50x | as long as short |
| MEXC STBL_USDT | +0.0100% | 4h | 0.02665 | +0.038% | $356K | $147K | 100x | as long as short |
| KuCoin STBLUSDTM | +0.0100% | 4h | 0.02660 | −0.150% | $1.1M | $233K | 20x | as long as short |
| Variational Omni STBL | +0.0100% | 4h | 0.02664 | +0.001% | $971 | $276 | — | as long as short |
| SunX STBL-USDT | +0.0100% | 4h | 0.02660 | −0.150% | $1K | $1.1M | 20x | as long as short |
| BloFin STBL-USDTshort | +0.0158% | 4h | 0.02669 | +0.188% | $127K | $22K | 50x | |
| Hyperliquid STBL | +0.0268% | 1h | 0.02661 | −0.131% | $2.0M | $266K | 3x | as long as short |
Lighter STBL
Aster STBLUSDT
Binance STBLUSDT
Gate STBL_USDT
MEXC STBL_USDT
KuCoin STBLUSDTM
Variational Omni STBL
SunX STBL-USDT
Hyperliquid STBLShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX STBL-USDTlong | +0.0454% | 4h | 0.02664 | long leg | — | $6.6M | — | |
| Bybit STBLUSDT | +0.0527% | 4h | 0.02667 | +0.113% | $1.5M | $662K | 20x | as long as short |
Bybit STBLUSDT