Funding you earn now, next payment 00:00 UTC−0.0018%/8h= −2.0% APRnext payment −$0.09 per $10,000 · paid last 24h −0.002%
Price spread now: Binance against BloFin−0.049%61s7-day average −0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$195as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1961.957% of the position
Funding, last 7 days+0.004%$0 on $10k
+Price spread, last 3 days (all we have)+0.256%+$26 · spread now −0.049%, 7d avg −0.026%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Binance is 0.022% cheaper against BloFin than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.026%). Swap the legs. The two prices were read 61 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin STBL-USDT | 0.02648 | 0.0118 | pay 0.0059% / 4h | 1h 12m | $126K | $22K | 50x |
| Short | Binance STBLUSDT | 0.02647 | 0.0100 | get 0.0050% / 4h | 1h 12m | $1.9M | $2.2M | 50x |
BloFin STBL-USDT
Binance STBLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BloFin. 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
- −$3.84
- Price spread: −0.049% → −0.026%
- −$2.21
- Slippage, 4 orders
- −$173.68
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$201.73
- Costs to cover
- 1.957%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 61 min ago; Binance: live order book, 7 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 BloFin live order book, 61 min ago | 7.60 bp | 38.5 bp −$39 | 210.9 bp −$2,109 | doesn't fit | doesn't fit |
| Sell Binance live order book, 7 min ago | 1.89 bp | 53.3 bp −$53 | 215.8 bp −$2,158 | 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 | 0.02637 | −0.415% | $79K | $2K | 3x | as long as short |
| Hyperliquid STBL | +0.0100% | 1h | 0.02642 | −0.230% | $1.9M | $281K | 3x | as long as short |
| Binance STBLUSDTshort | +0.0100% | 4h | 0.02647 | −0.049% | $1.9M | $2.2M | 50x | |
| MEXC STBL_USDT | +0.0100% | 4h | 0.02646 | −0.076% | $371K | $150K | 100x | as long as short |
| KuCoin STBLUSDTM | +0.0100% | 4h | 0.02645 | −0.113% | $1.1M | $230K | 20x | as long as short |
| Variational Omni STBL | +0.0100% | 4h | 0.02644 | −0.164% | $965 | $282 | — | as long as short |
| SunX STBL-USDT | +0.0100% | 4h | 0.02642 | −0.227% | $2K | $1.1M | 20x | as long as short |
| BloFin STBL-USDTlong | +0.0118% | 4h | 0.02648 | long leg | $126K | $22K | 50x | |
| Bybit STBLUSDT | +0.0187% | 4h | 0.02644 | −0.151% | $1.5M | $687K | 20x | as long as short |
| Gate STBL_USDT | +0.0258% | 4h | 0.02652 | +0.151% | $1.2M | $118K | 50x | as long as short |
Lighter STBL
Hyperliquid STBL
MEXC STBL_USDT
KuCoin STBLUSDTM
Variational Omni STBL
SunX STBL-USDT
Bybit STBLUSDT
Gate STBL_USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX STBL-USDT | +0.0262% | 4h | 0.02646 | −0.076% | — | $6.6M | — | as long as short |
| Aster STBLUSDT | +0.0358% | 4h | 0.02640 | −0.302% | $88K | $6K | 5x | as long as short |
BingX STBL-USDT
Aster STBLUSDT