Funding you earn now, next payment 12:00 UTC+0.0059%/8h= +6.5% APRnext payment +$0.29 per $10,000 · paid last 24h 0.000%
Price spread now: BloFin against Binance0.000%7-day average +0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$99as in the Funding arb table
Net, price: spread back to 7d avg − costs−$100as in the Price arb table
costs, in and out, $10k−$990.987% of the position
Funding, last 7 days−0.002%$0 on $10k
+Price spread, last 4 days (all we have)+0.108%+$11 · spread now 0.000%, 7d avg +0.008%
=The price spread sits at its 7-day average of +0.008%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance STABLEUSDT | 0.02435 | 0.0100 | pay 0.0050% / 4h | 2h 18m | $2.5M | $2.6M | 75x |
| Short | BloFin STABLE-USDT | 0.02435 | 0.0159 | get 0.0079% / 4h | 2h 18m | $112K | $20K | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Binance. 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
- $12.37
- Price spread: 0.000% → +0.008%
- −$0.82
- Slippage, 4 orders
- −$76.69
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$87.13
- Costs to cover
- 0.987%
- Break-even
- 56.3 days
Slippage from Binance: live order book, 10 min ago; BloFin: live order book, 24 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 Binance live order book, 10 min ago | 2.06 bp | 27.2 bp −$27 | 97.4 bp −$974 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 24 min ago | 2.04 bp | 20.0 bp −$20 | 54.0 bp −$540 | doesn't fit | doesn't fit |
STABLE on 15 exchanges
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 STABLE | +0.0096% | 1h | 0.02447 | +0.489% | $112K | $10K | 3x | as long as short |
| Hyperliquid STABLE | +0.0100% | 1h | 0.02436 | +0.049% | $853K | $144K | 3x | as long as short |
| Aster STABLEUSDT | +0.0100% | 4h | 0.02434 | −0.062% | $18K | $9K | 20x | as long as short |
| Binance STABLEUSDTlong | +0.0100% | 4h | 0.02435 | long leg | $2.5M | $2.6M | 75x | |
| Bybit STABLEUSDT | +0.0100% | 4h | 0.02435 | −0.016% | $1.5M | $773K | 25x | as long as short |
| OKX STABLE-USDT-SWAP | +0.0100% | 4h | 0.02436 | +0.041% | $210K | $424K | 20x | as long as short |
| Gate STABLE_USDT | +0.0100% | 4h | 0.02435 | 0.000% | $181K | $48K | 50x | as long as short |
| MEXC STABLE_USDT | +0.0100% | 4h | 0.02435 | 0.000% | $593K | $161K | 20x | as long as short |
| KuCoin STABLEUSDTM | +0.0100% | 4h | 0.02444 | +0.370% | $182K | $25K | 30x | as long as short |
| Bitget STABLEUSDT | +0.0100% | 4h | 0.02435 | 0.000% | $281K | $84K | 25x | as long as short |
Show all 15 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX STABLE-USDT | +0.0100% | 4h | 0.02435 | 0.000% | — | $6.5M | — | as long as short |
| Variational Omni STABLE | +0.0100% | 4h | 0.02436 | +0.041% | $143K | $8K | — | as long as short |
| SunX STABLE-USDT | +0.0100% | 4h | 0.02433 | −0.099% | $990 | $1.0M | 20x | as long as short |
| Extended STABLE-USD | +0.0104% | 1h | 0.02433 | −0.071% | $11K | $211K | 10x | as long as short |
| BloFin STABLE-USDTshort | +0.0159% | 4h | 0.02435 | 0.000% | $112K | $20K | 75x |
Binance STABLEUSDT
BloFin STABLE-USDT
Lighter STABLE
Hyperliquid STABLE
Aster STABLEUSDT
Bybit STABLEUSDT
OKX STABLE-USDT-SWAP
Gate STABLE_USDT
MEXC STABLE_USDT
KuCoin STABLEUSDTM
Bitget STABLEUSDT
BingX STABLE-USDT
Variational Omni STABLE
SunX STABLE-USDT
Extended STABLE-USD