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

STBL

all STBL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.022%
Price spread now: Variational Omni against Lighter−0.057%7-day average · you buy dearer than you sell
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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · Variational 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 0.057% cheaper against Lighter than usual: you would sell low and buy high, −$6 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter STBL0.026360.0096pay 0.0012% / 1h54m 35s$79K$2K3x
ShortVariational Omni STBL0.026340.0100get 0.0050% / 4h2h 54m$961$282

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
$0.84
Price spread: −0.057% → 0.000%
−$5.74
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$4.9
Costs to cover
0.000%
Break-even
47.8 days
Slippage unknown: Lighter: no order-book sample; 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
LegHalf-spread$10k$100k$1M$5M
Buy Lighter no order-book sample
Sell Variational Omni no order-book sample
Lighter and 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter STBLlong+0.0096%1h0.02636long leg$79K$2K3x
Binance STBLUSDT+0.0100%4h0.02642+0.228%$1.9M$2.2M50xas long as short
MEXC STBL_USDT+0.0100%4h0.02644+0.303%$371K$147K100xas long as short
KuCoin STBLUSDTM+0.0100%4h0.02634−0.076%$1.1M$227K20xas long as short
BingX STBL-USDT+0.0100%4h0.02642+0.228%$6.6Mas long as short
Variational Omni STBLshort+0.0100%4h0.02634−0.057%$961$282
SunX STBL-USDT+0.0100%4h0.02639+0.114%$2K$1.1M20xas long as short
BloFin STBL-USDT+0.0145%4h0.02635−0.038%$128K$21K50xas long as short
Bybit STBLUSDT+0.0274%4h0.02642+0.228%$1.5M$687K20xas long as short
Hyperliquid STBL+0.0427%1h0.02639+0.110%$1.9M$283K3xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster STBLUSDT+0.1038%4h0.02640+0.137%$88K$5K5xas long as short
Gate STBL_USDT+0.1292%4h0.02649+0.493%$1.2M$117K50xas long as short