Funding you earn now, next payment 08:00 UTC−0.0049%/8h= −5.4% APRnext payment −$0.24 per $10,000 · paid last 24h −0.127%
Price spread now: BloFin against KuCoin+0.339%7-day average +0.083% · you sell dearer than you buy
Net, funding: paid 7d − costs−$576as in the Funding arb table
Net, price: spread back to 7d avg − costs−$505as in the Price arb table
costs, in and out, $10k−$5305.304% of the position
Funding, last 7 days−0.456%−$46 on $10k
+Price spread, last 4 days (all we have)−0.526%−$53 · spread now +0.339%, 7d avg +0.083%
=The price spread pays, funding is against you. BloFin is 0.256% dearer against KuCoin than usual: you sell high and buy low (spread +0.339% now, against its 7-day average of +0.083%): +$26 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 17 days. At the pace of the last 7 days (−0.456% in total) that is about 3.9 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin STBLUSDTM | 0.02656 | 0.0100 | pay 0.0050% / 4h | 2h 54m | $1.1M | $236K | 20x |
| Short | BloFin STBL-USDT | 0.02665 | 0.0051 | get 0.0026% / 4h | 2h 54m | $92K | $22K | 50x |
KuCoin STBLUSDTM
BloFin STBL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against KuCoin. 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
- −$10.29
- Price spread: +0.339% → +0.083%
- $25.63
- Slippage, 4 orders
- −$506.36
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$515.02
- Costs to cover
- 5.304%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 5 min ago; BloFin: live order book, 24 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 KuCoin live order book, 5 min ago | 26.35 bp | 244.7 bp −$245 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 24 min ago | 11.26 bp | 34.6 bp −$35 | 150.5 bp −$1,505 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin STBL-USDTshort | +0.0051% | 4h | 0.02665 | +0.339% | $92K | $22K | 50x | |
| Lighter STBL | +0.0096% | 1h | 0.02657 | +0.038% | $80K | $2K | 3x | as long as short |
| Aster STBLUSDT | +0.0100% | 4h | 0.02661 | +0.170% | $89K | $5K | 5x | as long as short |
| Binance STBLUSDT | +0.0100% | 4h | 0.02667 | +0.396% | $1.9M | $2.0M | 50x | as long as short |
| MEXC STBL_USDT | +0.0100% | 4h | 0.02665 | +0.339% | $361K | $145K | 100x | as long as short |
| KuCoin STBLUSDTMlong | +0.0100% | 4h | 0.02656 | long leg | $1.1M | $236K | 20x | |
| Variational Omni STBL | +0.0100% | 4h | 0.02663 | +0.265% | $973 | $276 | — | as long as short |
| SunX STBL-USDT | +0.0100% | 4h | 0.02659 | +0.113% | $2K | $1.1M | 20x | as long as short |
| Hyperliquid STBL | +0.0156% | 1h | 0.02662 | +0.218% | $2.0M | $257K | 3x | as long as short |
| BingX STBL-USDT | +0.0776% | 4h | 0.02666 | +0.377% | — | $6.6M | — | as long as short |
Lighter STBL
Aster STBLUSDT
Binance STBLUSDT
MEXC STBL_USDT
Variational Omni STBL
SunX STBL-USDT
Hyperliquid STBL
BingX STBL-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit STBLUSDT | +0.0796% | 4h | 0.02665 | +0.339% | $1.5M | $654K | 20x | as long as short |
| Gate STBL_USDT | +0.2178% | 4h | 0.02666 | +0.377% | $1.2M | $95K | 50x | as long as short |
Bybit STBLUSDT
Gate STBL_USDT