Funding you earn now, next payment 00:00 UTC+0.1032%/8h= +113.0% APRnext payment +$5.16 per $10,000 · paid last 24h +0.052%
Price spread now: Gate against KuCoin+0.227%7-day average +0.255% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,253as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,259as in the Price arb table
costs, in and out, $10k−$1,25612.560% of the position
Funding, last 7 days+0.032%+$3 on $10k
+Price spread, last 7 days+0.096%+$10 · spread now +0.227%, 7d avg +0.255%
=Funding pays, the price is against you. Gate is 0.028% cheaper against KuCoin than usual: you would sell low and buy high (spread +0.227% now, against its 7-day average of +0.255%). If the spread goes back, that is −$3 on $10k: about 2 hours of funding at the current rate (+$31 a day). At the pace of the last 7 days (+0.032% in total) that is about 6.2 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.032% in total (about 1.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.16 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 | KuCoin STBLUSDTM | 0.02642 | 0.0100 | pay 0.0050% / 4h | 2h 28m | $1.1M | $229K | 20x |
| Short | Gate STBL_USDT | 0.02648 | 0.1132 | get 0.0566% / 4h | 2h 28m | $1.2M | $117K | 50x |
KuCoin STBLUSDTM
Gate STBL_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $216.72
- Price spread: +0.227% → +0.255%
- −$2.82
- Slippage, 4 orders
- −$1,229.04
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$1,042.14
- Costs to cover
- 12.560%
- Break-even
- 40.7 days
Slippage from KuCoin: live order book, 2 min ago; Gate: live order book, 4 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, 2 min ago | 34.08 bp | 246.1 bp −$246 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 4 min ago | 5.66 bp | 407.4 bp −$407 | doesn't fit | 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-USDT | +0.0082% | 4h | 0.02641 | −0.038% | $127K | $22K | 50x | as long as short |
| Lighter STBL | +0.0096% | 1h | 0.02634 | −0.303% | $79K | $2K | 3x | as long as short |
| Binance STBLUSDT | +0.0100% | 4h | 0.02642 | 0.000% | $1.9M | $2.2M | 50x | as long as short |
| MEXC STBL_USDT | +0.0100% | 4h | 0.02642 | 0.000% | $366K | $149K | 100x | as long as short |
| KuCoin STBLUSDTMlong | +0.0100% | 4h | 0.02642 | long leg | $1.1M | $229K | 20x | |
| Variational Omni STBL | +0.0100% | 4h | 0.02642 | −0.004% | $965 | $282 | — | as long as short |
| SunX STBL-USDT | +0.0100% | 4h | 0.02638 | −0.151% | $2K | $1.1M | 20x | as long as short |
| Hyperliquid STBL | +0.0344% | 1h | 0.02638 | −0.151% | $1.9M | $284K | 3x | as long as short |
| Bybit STBLUSDT | +0.0542% | 4h | 0.02642 | 0.000% | $1.5M | $684K | 20x | as long as short |
| BingX STBL-USDT | +0.0652% | 4h | 0.02642 | 0.000% | — | $6.6M | — | as long as short |
BloFin STBL-USDT
Lighter STBL
Binance STBLUSDT
MEXC STBL_USDT
Variational Omni STBL
SunX STBL-USDT
Hyperliquid STBL
Bybit STBLUSDT
BingX STBL-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster STBLUSDT | +0.1082% | 4h | 0.02642 | +0.008% | $89K | $5K | 5x | as long as short |
| Gate STBL_USDTshort | +0.1132% | 4h | 0.02648 | +0.227% | $1.2M | $117K | 50x |
Aster STBLUSDT