STBL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.15 per $10,000 · paid last 24h −0.194%

Price spread now: BloFin against Bybit+0.150%92s7-day average +0.091% · you sell dearer than you buy

Net, funding: paid 7d − costs−$521as 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−$4844.839% of the position

Long on Bybit Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.366%−$37 on $10k

Price spread, last 4 days (all we have)−0.117%−$12 · spread now +0.150%, 7d avg +0.091%

Together, before fees−0.484%−$48 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.058% dearer against Bybit than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.091%. Mind the row above: over the last 7 days funding on this pair cost −0.366%, so the current rate has only just turned in your favour. The two prices were read 92 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	Bybit STBLUSDT	0.02675	0.0100	pay 0.0050% / 4h	1m 43s	$1.5M	$529K	20x
Short	BloFin STBL-USDT	0.02679	0.0130	get 0.0065% / 4h	1m 43s	$127K	$20K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Bybit. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BybitbpFee BloFinbpOrdersPrice spread, now +0.150%Rate

Funding earned: $6.33
Price spread: +0.150% → +0.091%: $5.82
Slippage, 4 orders: −$460.9
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$471.75
Costs to cover: 4.839%
Break-even: 528.8 days

Slippage from Bybit: live order book, 4 min ago; BloFin: live order book, 65 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 Bybit live order book, 4 min ago	5.61 bp	240.6 bp −$241	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 65 min ago	3.73 bp	48.3 bp −$48	143.8 bp −$1,438	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	0.02667	−0.299%	$80K	$1K	3x	as long as short
Hyperliquid STBL	+0.0100%	1h	0.02671	−0.164%	$2.0M	$210K	3x	as long as short
Aster STBLUSDT	+0.0100%	4h	0.02673	−0.066%	$89K	$5K	5x	as long as short
Binance STBLUSDT	+0.0100%	4h	0.02678	+0.112%	$2.0M	$1.7M	50x	as long as short
Bybit STBLUSDTlong	+0.0100%	4h	0.02675	long leg	$1.5M	$529K	20x
MEXC STBL_USDT	+0.0100%	4h	0.02678	+0.112%	$363K	$148K	100x	as long as short
KuCoin STBLUSDTM	+0.0100%	4h	0.02667	−0.299%	$1.1M	$236K	20x	as long as short
BingX STBL-USDT	+0.0100%	4h	0.02678	+0.112%	—	$6.6M	—	as long as short
Variational Omni STBL	+0.0100%	4h	0.02672	−0.107%	$977	$273	—	as long as short
SunX STBL-USDT	+0.0100%	4h	0.02671	−0.150%	$2K	$983K	20x	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin STBL-USDTshort	+0.0130%	4h	0.02679	+0.150%	$127K	$20K	50x
Gate STBL_USDT	+0.0402%	4h	0.02683	+0.299%	$1.2M	$75K	50x	as long as short