Funding you earn now, next payment 00:00 UTC+0.0986%/8h= +108.0% APRnext payment +$4.93 per $10,000 · paid last 24h +0.174%
Price spread now: Gate against MEXC+0.227%7-day average +0.175% · you sell dearer than you buy
Net, funding: paid 7d − costs−$731as in the Funding arb table
Net, price: spread back to 7d avg − costs−$773as in the Price arb table
costs, in and out, $10k−$7787.779% of the position
Funding, last 7 days+0.469%+$47 on $10k
+Price spread, last 4 days (all we have)−0.246%−$25 · spread now +0.227%, 7d avg +0.175%
=Both sides work for this trade now. Funding pays +$30 a day on $10k at the current rate, and Gate is 0.052% dearer against MEXC than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.175%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.469% in total (about 24.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.93 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 | MEXC STBL_USDT | 0.02643 | 0.0100 | pay 0.0050% / 4h | 2h 38m | $366K | $148K | 100x |
| Short | Gate STBL_USDT | 0.02649 | 0.1086 | get 0.0543% / 4h | 2h 38m | $1.2M | $117K | 50x |
MEXC STBL_USDT
Gate STBL_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against MEXC. 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
- $207.06
- Price spread: +0.227% → +0.175%
- $5.18
- Slippage, 4 orders
- −$758.93
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$565.69
- Costs to cover
- 7.779%
- Break-even
- 26.1 days
Slippage from MEXC: live order book, 43 min ago; Gate: live order book, 3 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 MEXC live order book, 43 min ago | 3.80 bp | 26.0 bp −$26 | 110.6 bp −$1,106 | 262.4 bp −$26.2K | doesn't fit |
| Sell Gate live order book, 3 min ago | 3.78 bp | 348.0 bp −$348 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter STBL | +0.0096% | 1h | 0.02629 | −0.530% | $79K | $2K | 3x | as long as short |
| Binance STBLUSDT | +0.0100% | 4h | 0.02644 | +0.044% | $1.9M | $2.2M | 50x | as long as short |
| MEXC STBL_USDTlong | +0.0100% | 4h | 0.02643 | long leg | $366K | $148K | 100x | |
| KuCoin STBLUSDTM | +0.0100% | 4h | 0.02633 | −0.378% | $1.1M | $230K | 20x | as long as short |
| Variational Omni STBL | +0.0100% | 4h | 0.02641 | −0.094% | $964 | $282 | — | as long as short |
| SunX STBL-USDT | +0.0100% | 4h | 0.02639 | −0.151% | $1K | $1.1M | 20x | as long as short |
| BloFin STBL-USDT | +0.0111% | 4h | 0.02644 | +0.038% | $128K | $21K | 50x | as long as short |
| BingX STBL-USDT | +0.0410% | 4h | 0.02642 | −0.038% | — | $6.6M | — | as long as short |
| Bybit STBLUSDT | +0.0435% | 4h | 0.02641 | −0.076% | $1.5M | $684K | 20x | as long as short |
| Hyperliquid STBL | +0.0469% | 1h | 0.02639 | −0.166% | $1.9M | $284K | 3x | as long as short |
Lighter STBL
Binance STBLUSDT
KuCoin STBLUSDTM
Variational Omni STBL
SunX STBL-USDT
BloFin STBL-USDT
BingX STBL-USDT
Bybit STBLUSDT
Hyperliquid STBLShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster STBLUSDT | +0.1067% | 4h | 0.02644 | +0.020% | $89K | $5K | 5x | as long as short |
| Gate STBL_USDTshort | +0.1086% | 4h | 0.02649 | +0.227% | $1.2M | $117K | 50x |
Aster STBLUSDT