Funding you earn now, next payment 04:00 UTC−0.0368%/8h= −40.3% APRnext payment −$1.84 per $10,000 · paid last 24h −0.011%
Price spread now: Gate against BingX+0.113%7-day average +0.232% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,138as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,167as in the Price arb table
costs, in and out, $10k−$1,15511.550% of the position
Funding, last 7 days+0.173%+$17 on $10k
+Price spread, last 7 days+0.102%+$10 · spread now +0.113%, 7d avg +0.232%
=Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Gate is 0.120% cheaper against BingX than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of +0.232%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.173%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.173% in total (about 9.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.84 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX STBL-USDT | 0.02662 | 0.0468 | pay 0.0234% / 4h | 31m 57s | — | $6.6M | — |
| Short | Gate STBL_USDT | 0.02665 | 0.0100 | get 0.0050% / 4h | 31m 57s | $1.2M | $94K | 50x |
BingX STBL-USDT
Gate STBL_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$77.28
- Price spread: +0.113% → +0.232%
- −$11.97
- Slippage, 4 orders
- −$1,130.04
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$1,244.3
- Costs to cover
- 11.550%
- Break-even
- never at this rate
Slippage from BingX: live order book, 4 min ago; Gate: live order book, 5 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, 4 min ago | 26.40 bp | 76.9 bp −$77 | 290.7 bp −$2,907 | doesn't fit | doesn't fit |
| Sell Gate live order book, 5 min ago | 16.88 bp | 615.8 bp −$616 | doesn't fit | 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 | 0.02648 | −0.526% | $79K | $2K | 3x | as long as short |
| Aster STBLUSDT | +0.0100% | 4h | 0.02655 | −0.259% | $89K | $5K | 5x | as long as short |
| Binance STBLUSDT | +0.0100% | 4h | 0.02662 | 0.000% | $1.9M | $2.1M | 50x | as long as short |
| Gate STBL_USDTshort | +0.0100% | 4h | 0.02665 | +0.113% | $1.2M | $94K | 50x | |
| MEXC STBL_USDT | +0.0100% | 4h | 0.02661 | −0.038% | $355K | $146K | 100x | as long as short |
| KuCoin STBLUSDTM | +0.0100% | 4h | 0.02655 | −0.263% | $1.1M | $233K | 20x | as long as short |
| Variational Omni STBL | +0.0100% | 4h | 0.02652 | −0.374% | $969 | $276 | — | as long as short |
| SunX STBL-USDT | +0.0100% | 4h | 0.02652 | −0.376% | $2K | $1.1M | 20x | as long as short |
| BloFin STBL-USDT | +0.0106% | 4h | 0.02657 | −0.188% | $127K | $22K | 50x | as long as short |
| Hyperliquid STBL | +0.0178% | 1h | 0.02658 | −0.162% | $2.0M | $265K | 3x | as long as short |
Lighter STBL
Aster STBLUSDT
Binance STBLUSDT
MEXC STBL_USDT
KuCoin STBLUSDTM
Variational Omni STBL
SunX STBL-USDT
BloFin STBL-USDT
Hyperliquid STBLShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX STBL-USDTlong | +0.0468% | 4h | 0.02662 | long leg | — | $6.6M | — | |
| Bybit STBLUSDT | +0.0475% | 4h | 0.02660 | −0.075% | $1.5M | $662K | 20x | as long as short |
Bybit STBLUSDT