Funding arb · Price arb /

STBL

all STBL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.126%

Price spread now: Variational Omni against Gate−0.673%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Gate Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.673% cheaper against Gate than usual: you would sell low and buy high, −$67 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate STBL_USDT	0.02670	0.0100	pay 0.0050% / 4h	31m 38s	$1.2M	$94K	50x
Short	Variational Omni STBL	0.02652	0.0100	get 0.0050% / 4h	31m 38s	$969	$276	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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 Variational OmnibpOrdersPrice spread, now −0.673%Rate

Funding earned: $0
Price spread: −0.673% → 0.000%: −$67.28
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$82.28
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: Gate: live order book, just now; Variational Omni: no order-book sample. 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 Gate live order book, just now	18.73 bp	307.6 bp −$308	doesn't fit	doesn't fit	doesn't fit
Sell Variational Omni no order-book sample	—	—	—	—	—

Variational Omni: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	0.02654	−0.599%	$80K	$2K	3x	as long as short
Aster STBLUSDT	+0.0100%	4h	0.02655	−0.559%	$89K	$5K	5x	as long as short
Binance STBLUSDT	+0.0100%	4h	0.02663	−0.262%	$1.9M	$2.1M	50x	as long as short
Gate STBL_USDTlong	+0.0100%	4h	0.02670	long leg	$1.2M	$94K	50x
MEXC STBL_USDT	+0.0100%	4h	0.02662	−0.300%	$355K	$146K	100x	as long as short
KuCoin STBLUSDTM	+0.0100%	4h	0.02655	−0.562%	$1.1M	$233K	20x	as long as short
Variational Omni STBLshort	+0.0100%	4h	0.02652	−0.673%	$969	$276	—
SunX STBL-USDT	+0.0100%	4h	0.02652	−0.674%	$2K	$1.1M	20x	as long as short
BloFin STBL-USDT	+0.0106%	4h	0.02657	−0.487%	$127K	$22K	50x	as long as short
Hyperliquid STBL	+0.0187%	1h	0.02658	−0.434%	$2.0M	$265K	3x	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX STBL-USDT	+0.0465%	4h	0.02663	−0.262%	—	$6.6M	—	as long as short
Bybit STBLUSDT	+0.0497%	4h	0.02661	−0.337%	$1.5M	$662K	20x	as long as short