Funding you earn now, next payment 00:00 UTC−0.0198%/8h= −21.7% APRnext payment −$0.99 per $10,000 · paid last 24h −0.174%
Price spread now: Binance against Gate−0.272%7-day average −0.210% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,012as in the Funding arb table
Net, price: spread back to 7d avg − costs−$971as in the Price arb table
costs, in and out, $10k−$9659.651% of the position
Funding, last 7 days−0.469%−$47 on $10k
+Price spread, last 7 days+0.044%+$4 · spread now −0.272%, 7d avg −0.210%
=Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Binance is 0.063% cheaper against Gate than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.210%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate STBL_USDT | 0.02656 | 0.0298 | pay 0.0149% / 4h | 1h 01m | $1.2M | $118K | 50x |
| Short | Binance STBLUSDT | 0.02649 | 0.0100 | get 0.0050% / 4h | 1h 01m | $1.9M | $2.2M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. 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
- −$41.58
- Price spread: −0.272% → −0.210%
- −$6.26
- Slippage, 4 orders
- −$940.09
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$1,012.93
- Costs to cover
- 9.651%
- Break-even
- never at this rate
Slippage from Gate: live order book, 1 min ago; Binance: live order book, 3 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 Gate live order book, 1 min ago | 9.40 bp | 298.9 bp −$299 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 3 min ago | 1.89 bp | 34.2 bp −$34 | 195.2 bp −$1,952 | 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 | 0.02641 | −0.565% | $79K | $2K | 3x | as long as short |
| Hyperliquid STBL | +0.0100% | 1h | 0.02643 | −0.505% | $1.9M | $280K | 3x | as long as short |
| Binance STBLUSDTshort | +0.0100% | 4h | 0.02649 | −0.272% | $1.9M | $2.2M | 50x | |
| MEXC STBL_USDT | +0.0100% | 4h | 0.02648 | −0.301% | $370K | $151K | 100x | as long as short |
| KuCoin STBLUSDTM | +0.0100% | 4h | 0.02648 | −0.301% | $1.1M | $231K | 20x | as long as short |
| Variational Omni STBL | +0.0100% | 4h | 0.02643 | −0.503% | $966 | $282 | — | as long as short |
| SunX STBL-USDT | +0.0100% | 4h | 0.02646 | −0.377% | $2K | $1.1M | 20x | as long as short |
| Bybit STBLUSDT | +0.0117% | 4h | 0.02647 | −0.339% | $1.5M | $690K | 20x | as long as short |
| BingX STBL-USDT | +0.0128% | 4h | 0.02648 | −0.301% | — | $6.6M | — | as long as short |
| BloFin STBL-USDT | +0.0144% | 4h | 0.02642 | −0.527% | $126K | $22K | 50x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster STBLUSDT | +0.0261% | 4h | 0.02641 | −0.577% | $88K | $6K | 5x | as long as short |
| Gate STBL_USDTlong | +0.0298% | 4h | 0.02656 | long leg | $1.2M | $118K | 50x |
Gate STBL_USDT
Binance STBLUSDT
Lighter STBL
Hyperliquid STBL
MEXC STBL_USDT
KuCoin STBLUSDTM
Variational Omni STBL
SunX STBL-USDT
Bybit STBLUSDT
BingX STBL-USDT
BloFin STBL-USDT
Aster STBLUSDT