Funding you earn now, next payment 04:00 UTC−0.0612%/8h= −67.0% APRnext payment −$3.06 per $10,000 · paid last 24h −0.165%
Price spread now: SunX against Bybit−0.150%7-day average −0.115% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.336%−$34 on $10k
+Price spread, last 4 days (all we have)−0.189%−$19 · spread now −0.150%, 7d avg −0.115%
=Both sides work against this trade now: funding costs −$18 a day on $10k at the current rate, and SunX is 0.035% cheaper against Bybit than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.115%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.336% in total (about -17.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.06 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 | Bybit STBLUSDT | 0.02667 | 0.0712 | pay 0.0356% / 4h | 1m 16s | $1.5M | $659K | 20x |
| Short | SunX STBL-USDT | 0.02663 | 0.0100 | get 0.0050% / 4h | 1m 16s | $2K | $1.1M | 20x |
Bybit STBLUSDT
SunX STBL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against Bybit. 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
- −$128.57
- Price spread: −0.150% → −0.115%
- −$3.49
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$151.05
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Bybit: live order book, 5 min ago; SunX: live order book, 2 min ago. Net counts fees only.
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, 5 min ago | 5.62 bp | 117.0 bp −$117 | doesn't fit | doesn't fit | doesn't fit |
| Sell SunX live order book, 2 min ago | 483.36 bp | doesn't fit | 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 | 0.02658 | −0.337% | $80K | $2K | 3x | as long as short |
| Aster STBLUSDT | +0.0100% | 4h | 0.02663 | −0.159% | $89K | $5K | 5x | as long as short |
| Binance STBLUSDT | +0.0100% | 4h | 0.02668 | +0.037% | $1.9M | $2.1M | 50x | as long as short |
| MEXC STBL_USDT | +0.0100% | 4h | 0.02668 | +0.037% | $362K | $149K | 100x | as long as short |
| KuCoin STBLUSDTM | +0.0100% | 4h | 0.02663 | −0.150% | $1.1M | $235K | 20x | as long as short |
| Variational Omni STBL | +0.0100% | 4h | 0.02668 | +0.020% | $973 | $276 | — | as long as short |
| SunX STBL-USDTshort | +0.0100% | 4h | 0.02663 | −0.150% | $2K | $1.1M | 20x | |
| BloFin STBL-USDT | +0.0142% | 4h | 0.02666 | −0.037% | $127K | $22K | 50x | as long as short |
| Gate STBL_USDT | +0.0290% | 4h | 0.02678 | +0.412% | $1.2M | $94K | 50x | as long as short |
| Hyperliquid STBL | +0.0633% | 1h | 0.02665 | −0.071% | $2.0M | $263K | 3x | as long as short |
Lighter STBL
Aster STBLUSDT
Binance STBLUSDT
MEXC STBL_USDT
KuCoin STBLUSDTM
Variational Omni STBL
BloFin STBL-USDT
Gate STBL_USDT
Hyperliquid STBLShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX STBL-USDT | +0.0682% | 4h | 0.02668 | +0.037% | — | $6.6M | — | as long as short |
| Bybit STBLUSDTlong | +0.0712% | 4h | 0.02667 | long leg | $1.5M | $659K | 20x |
BingX STBL-USDT