Settings8H · net · $10k
Funding arb · Price arb /

STBL

all STBL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0014%/8h= +1.5% APRpaid last 24h −0.064%
Price spread now: BloFin against Hyperliquid+0.217%7-day average +0.204% · you sell dearer than you buy
Net, funding: paid 7d − costs−$183as in the Funding arb table
Net, price: spread back to 7d avg − costs−$165as in the Price arb table
costs, in and out, $10k−$1661.662% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.171%−$17 on $10k
Price spread, last 4 days (all we have)−0.590%−$59 · spread now +0.217%, 7d avg +0.204%
Together, before fees−0.761%+ Points / potential airdropHyperliquid: Season 2 · farm board−$76 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.204%, so right now this pair is about funding alone: $0 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.171%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid STBL0.026690.0100pay 0.0013% / 1h19m 06s$2.0M$269K3x
ShortBloFin STBL-USDT0.026750.0114get 0.0057% / 4h1h 19m$128K$22K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Hyperliquid. 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

Funding earned
$2.86
Price spread: +0.217% → +0.204%
$1.37
Slippage, 4 orders
−$145.19
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$161.95
Costs to cover
1.662%
Break-even
402.7 days
Slippage from Hyperliquid: live order book, 2 min ago; BloFin: live order book, 17 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Hyperliquid live order book, 2 min ago0.56 bp41.3 bp −$41doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 17 min ago7.53 bp45.0 bp −$45132.4 bp −$1,324doesn't fitdoesn't fit

STBL on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter STBL+0.0096%1h0.02662−0.270%$80K$2K3xas long as short
Hyperliquid STBLlong+0.0100%1h0.02669long leg$2.0M$269K3x
Aster STBLUSDT+0.0100%4h0.02665−0.147%$89K$5K5xas long as short
Binance STBLUSDT+0.0100%4h0.02675+0.199%$1.9M$2.1M50xas long as short
Gate STBL_USDT+0.0100%4h0.02681+0.442%$1.2M$96K50xas long as short
MEXC STBL_USDT+0.0100%4h0.02673+0.142%$365K$149K100xas long as short
KuCoin STBLUSDTM+0.0100%4h0.02657−0.457%$1.1M$230K20xas long as short
Variational Omni STBL+0.0100%4h0.02677+0.292%$975$276as long as short
SunX STBL-USDT+0.0100%4h0.02668−0.045%$1K$1.1M20xas long as short
BloFin STBL-USDTshort+0.0114%4h0.02675+0.217%$128K$22K50x
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX STBL-USDT+0.0546%4h0.02674+0.180%$6.6Mas long as short
Bybit STBLUSDT+0.0654%4h0.02674+0.180%$1.5M$662K20xas long as short