Funding you earn now, next payment 04:00 UTC+0.0049%/8h= +5.4% APRnext payment +$0.25 per $10,000 · paid last 24h −0.147%
Price spread now: BloFin against Gate−0.301%7-day average −0.149% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,000as in the Funding arb table
Net, price: spread back to 7d avg − costs−$966as in the Price arb table
costs, in and out, $10k−$9519.506% of the position
Funding, last 7 days−0.495%−$50 on $10k
+Price spread, last 4 days (all we have)−0.487%−$49 · spread now −0.301%, 7d avg −0.149%
=Funding pays, the price is against you. BloFin is 0.152% cheaper against Gate than usual: you would sell low and buy high (spread −0.301% now, against its 7-day average of −0.149%). If the spread goes back, that is −$15 on $10k: about 10 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.495%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate STBL_USDT | 0.02654 | 0.0100 | pay 0.0050% / 4h | 1h 43m | $1.2M | $95K | 50x |
| Short | BloFin STBL-USDT | 0.02646 | 0.0149 | get 0.0075% / 4h | 1h 43m | $127K | $22K | 50x |
Gate STBL_USDT
BloFin STBL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $10.34
- Price spread: −0.301% → −0.149%
- −$15.23
- Slippage, 4 orders
- −$923.65
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$955.54
- Costs to cover
- 9.506%
- Break-even
- 654.1 days
Slippage from Gate: live order book, 4 min ago; BloFin: live order book, 67 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, 4 min ago | 7.53 bp | 261.3 bp −$261 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 67 min ago | 3.78 bp | 49.5 bp −$50 | 138.1 bp −$1,381 | 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 | 0.02639 | −0.565% | $79K | $2K | 3x | as long as short |
| Hyperliquid STBL | +0.0100% | 1h | 0.02644 | −0.377% | $1.9M | $266K | 3x | as long as short |
| Aster STBLUSDT | +0.0100% | 4h | 0.02639 | −0.565% | $88K | $6K | 5x | as long as short |
| Binance STBLUSDT | +0.0100% | 4h | 0.02650 | −0.169% | $1.9M | $2.1M | 50x | as long as short |
| Gate STBL_USDTlong | +0.0100% | 4h | 0.02654 | long leg | $1.2M | $95K | 50x | |
| MEXC STBL_USDT | +0.0100% | 4h | 0.02649 | −0.188% | $361K | $147K | 100x | as long as short |
| KuCoin STBLUSDTM | +0.0100% | 4h | 0.02636 | −0.678% | $1.1M | $231K | 20x | as long as short |
| Variational Omni STBL | +0.0100% | 4h | 0.02645 | −0.338% | $966 | $276 | — | as long as short |
| SunX STBL-USDT | +0.0100% | 4h | 0.02642 | −0.452% | $2K | $1.1M | 20x | as long as short |
| BloFin STBL-USDTshort | +0.0149% | 4h | 0.02646 | −0.301% | $127K | $22K | 50x |
Lighter STBL
Hyperliquid STBL
Aster STBLUSDT
Binance STBLUSDT
MEXC STBL_USDT
KuCoin STBLUSDTM
Variational Omni STBL
SunX STBL-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit STBLUSDT | +0.0254% | 4h | 0.02649 | −0.188% | $1.5M | $658K | 20x | as long as short |
| BingX STBL-USDT | +0.0294% | 4h | 0.02650 | −0.151% | — | $6.6M | — | as long as short |
Bybit STBLUSDT
BingX STBL-USDT