STBL

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0952%/8h= −104.2% APRnext payment −$4.76 per $10,000 · paid last 24h −0.015%

Price spread now: BingX against Gate−0.152%7-day average −0.233% · you buy dearer than you sell

Net, funding: paid 7d − costs−$900as in the Funding arb table

Net, price: spread back to 7d avg − costs−$876as in the Price arb table

costs, in and out, $10k−$8848.844% of the position

Long on Gate Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.152%−$15 on $10k

Price spread, last 7 days−0.097%−$10 · spread now −0.152%, 7d avg −0.233%

Together, before fees−0.249%−$25 on $10k · with fees, hour by hour

The price spread pays, funding is against you. BingX is 0.081% dearer against Gate than usual: you sell high and buy low (spread −0.152% now, against its 7-day average of −0.233%): +$8 on $10k if it goes back. Holding the pair costs −$29 a day in funding at the current rate, which eats that in about 7 hours. At the pace of the last 7 days (−0.152% in total) that is about 3.7 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.152% in total (about -7.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.76 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	Gate STBL_USDT	0.02636	0.1052	pay 0.0526% / 4h	3h 11m	$1.2M	$117K	50x
Short	BingX STBL-USDT	0.02632	0.0100	get 0.0050% / 4h	3h 11m	—	$6.6M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Gate. 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 GatebpFee BingXbpOrdersPrice spread, now −0.152%Rate

Funding earned: −$199.92
Price spread: −0.152% → −0.233%: $8.13
Slippage, 4 orders: −$859.38
Fee Gate: 7.5 bp × 2 orders: −$15
Fee BingX: 5 bp × 2 orders: −$10
Net: −$1,076.17
Costs to cover: 8.844%
Break-even: never at this rate

Slippage from Gate: live order book, 1 min ago; BingX: live order book, 15 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	5.69 bp	385.8 bp −$386	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 15 min ago	26.51 bp	66.7 bp −$67	166.8 bp −$1,668	1151.5 bp −$115.1K	1466.3 bp −$733.1K

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	0.02623	−0.493%	$79K	$2K	3x	as long as short
Binance STBLUSDT	+0.0100%	4h	0.02630	−0.228%	$1.9M	$2.2M	50x	as long as short
Bybit STBLUSDT	+0.0100%	4h	0.02629	−0.266%	$1.5M	$687K	20x	as long as short
MEXC STBL_USDT	+0.0100%	4h	0.02629	−0.266%	$371K	$149K	100x	as long as short
BingX STBL-USDTshort	+0.0100%	4h	0.02632	−0.152%	—	$6.6M	—
Variational Omni STBL	+0.0100%	4h	0.02632	−0.150%	$961	$282	—	as long as short
SunX STBL-USDT	+0.0100%	4h	0.02626	−0.379%	$2K	$1.1M	20x	as long as short
BloFin STBL-USDT	+0.0130%	4h	0.02630	−0.228%	$128K	$21K	50x	as long as short
KuCoin STBLUSDTM	+0.0192%	4h	0.02626	−0.379%	$1.1M	$226K	20x	as long as short
Hyperliquid STBL	+0.0344%	1h	0.02627	−0.338%	$1.9M	$286K	3x	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster STBLUSDT	+0.0971%	4h	0.02632	−0.170%	$88K	$5K	5x	as long as short
Gate STBL_USDTlong	+0.1052%	4h	0.02636	long leg	$1.2M	$117K	50x