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

STBL

all STBL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0616%/8h= +67.5% APRpaid last 24h +0.187%
Price spread now: BingX against Lighter+0.341%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.266%+$27 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$18 a day on $10k at the current rate, and BingX is 0.341% dearer against Lighter than usual: you sell high and buy low: +$34 more if the spread goes back to zero (this spread has no 7-day history yet).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.266% in total (about 13.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter STBL0.026410.0096pay 0.0012% / 1h39m 44s$79K$2K3x
ShortBingX STBL-USDT0.026500.0712get 0.0356% / 4h2h 39m$6.6M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Lighter. 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
$129.36
Price spread: +0.341% → 0.000%
$34.08
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee BingX: 5 bp × 2 orders
−$10
Net
$153.44
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Lighter: no order-book sample; BingX: live order book, 7 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Lighter no order-book sample
Sell BingX live order book, 7 min ago26.24 bp66.4 bp −$66193.5 bp −$1,935doesn't fitdoesn't fit
Lighter: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter STBLlong+0.0096%1h0.02641long leg$79K$2K3x
Aster STBLUSDT+0.0100%4h0.02647+0.231%$88K$5K5xas long as short
Binance STBLUSDT+0.0100%4h0.02649+0.312%$1.9M$2.0M50xas long as short
MEXC STBL_USDT+0.0100%4h0.02649+0.303%$361K$146K100xas long as short
KuCoin STBLUSDTM+0.0100%4h0.02651+0.379%$1.1M$236K20xas long as short
Variational Omni STBL+0.0100%4h0.02664+0.874%$974$276as long as short
SunX STBL-USDT+0.0100%4h0.02650+0.341%$2K$1.1M20xas long as short
BloFin STBL-USDT+0.0156%4h0.02673+1.212%$127K$24K50xas long as short
Hyperliquid STBL+0.0347%1h0.02647+0.223%$1.9M$257K3xas long as short
Bybit STBLUSDT+0.0612%4h0.02648+0.265%$1.5M$654K20xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX STBL-USDTshort+0.0712%4h0.02650+0.341%$6.6M
Gate STBL_USDT+0.1774%4h0.02663+0.833%$1.2M$95K50xas long as short