Funding you earn now, next payment 00:00 UTC+0.0022%/8h= +2.4% APRnext payment +$0.11 per $10,000 · paid last 24h +0.166%
Price spread now: Bybit against BloFin−0.038%102s7-day average −0.092% · you buy dearer than you sell
Net, funding: paid 7d − costs−$373as 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−$4064.064% of the position
Funding, last 7 days+0.338%+$34 on $10k
+Price spread, last 3 days (all we have)+0.094%+$9 · spread now −0.038%, 7d avg −0.092%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Bybit is 0.054% dearer against BloFin than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.092%. The two prices were read 102 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 | 0.02654 | 0.0078 | pay 0.0039% / 4h | 29m 30s | $127K | $21K | 50x |
| Short | Bybit STBLUSDT | 0.02653 | 0.0100 | get 0.0050% / 4h | 29m 30s | $1.5M | $667K | 20x |
BloFin STBL-USDT
Bybit STBLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $4.6
- Price spread: −0.038% → −0.092%
- $5.44
- Slippage, 4 orders
- −$383.38
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$396.35
- Costs to cover
- 4.064%
- Break-even
- 610.7 days
Slippage from BloFin: live order book, 31 min ago; Bybit: live order book, 2 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, 31 min ago | 7.55 bp | 43.5 bp −$44 | 209.3 bp −$2,093 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 1.88 bp | 144.5 bp −$144 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin STBL-USDTlong | +0.0078% | 4h | 0.02654 | long leg | $127K | $21K | 50x | |
| Lighter STBL | +0.0096% | 1h | 0.02647 | −0.264% | $79K | $2K | 3x | as long as short |
| Hyperliquid STBL | +0.0100% | 1h | 0.02650 | −0.136% | $1.9M | $281K | 3x | as long as short |
| Aster STBLUSDT | +0.0100% | 4h | 0.02647 | −0.265% | $89K | $6K | 5x | as long as short |
| Binance STBLUSDT | +0.0100% | 4h | 0.02655 | +0.038% | $1.9M | $2.2M | 50x | as long as short |
| Bybit STBLUSDTshort | +0.0100% | 4h | 0.02653 | −0.038% | $1.5M | $667K | 20x | |
| MEXC STBL_USDT | +0.0100% | 4h | 0.02655 | +0.038% | $372K | $148K | 100x | as long as short |
| BingX STBL-USDT | +0.0100% | 4h | 0.02655 | +0.038% | — | $6.6M | — | as long as short |
| Variational Omni STBL | +0.0100% | 4h | 0.02653 | −0.030% | $970 | $282 | — | as long as short |
| SunX STBL-USDT | +0.0100% | 4h | 0.02650 | −0.151% | $2K | $1.1M | 20x | as long as short |
Lighter STBL
Hyperliquid STBL
Aster STBLUSDT
Binance STBLUSDT
MEXC STBL_USDT
BingX STBL-USDT
Variational Omni STBL
SunX STBL-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate STBL_USDT | +0.0222% | 4h | 0.02662 | +0.301% | $1.2M | $116K | 50x | as long as short |
| KuCoin STBLUSDTM | +0.0274% | 4h | 0.02655 | +0.038% | $1.1M | $233K | 20x | as long as short |
Gate STBL_USDT
KuCoin STBLUSDTM