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

STBL

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Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.022%
Price spread now: Lighter against Variational Omni−0.283%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · Lighter: Season 3 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.283% cheaper against Variational Omni than usual: you would sell low and buy high, −$28 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni STBL0.026670.0100pay 0.0050% / 4h2h 42m$974$276
ShortLighter STBL0.026590.0096get 0.0012% / 1h42m 25s$80K$2K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Variational Omni. 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: −0.283% → 0.000%
−$28.25
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Lighter: 0 bp × 2 orders
$0
Net
−$29.09
Costs to cover
0.000%
Break-even
never at this rate
Slippage unknown: Variational Omni: no order-book sample; Lighter: 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 Variational Omni no order-book sample
Sell Lighter no order-book sample
Variational Omni and 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 STBLshort+0.0096%1h0.02659−0.283%$80K$2K3x
Aster STBLUSDT+0.0100%4h0.02663−0.135%$89K$5K5xas long as short
Binance STBLUSDT+0.0100%4h0.02668+0.053%$1.9M$2.0M50xas long as short
MEXC STBL_USDT+0.0100%4h0.02667+0.018%$361K$146K100xas long as short
KuCoin STBLUSDTM+0.0100%4h0.02664−0.095%$1.1M$236K20xas long as short
Variational Omni STBLlong+0.0100%4h0.02667long leg$974$276
SunX STBL-USDT+0.0100%4h0.02662−0.170%$2K$1.1M20xas long as short
BloFin STBL-USDT+0.0106%4h0.02667+0.018%$127K$22K50xas long as short
Hyperliquid STBL+0.0416%1h0.02664−0.103%$2.0M$257K3xas long as short
Bybit STBLUSDT+0.0687%4h0.02666−0.020%$1.5M$655K20xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX STBL-USDT+0.0712%4h0.02668+0.055%$6.6Mas long as short
Gate STBL_USDT+0.1830%4h0.02673+0.243%$1.2M$95K50xas long as short