STABLE

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0024%/8h= +2.6% APRnext payment +$0.12 per $10,000 · paid last 24h 0.000%

Price spread now: BloFin against BingX+0.040%51s7-day average −0.043% · you sell dearer than you buy

Net, funding: paid 7d − costs−$97as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$860.857% of the position

Long on BingX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.113%−$11 on $10k

Price spread, last 4 days (all we have)+0.079%+$8 · spread now +0.040%, 7d avg −0.043%

Together, before fees−0.034%−$3 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.083% dearer against BingX than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.043%. Mind the row above: over the last 7 days funding on this pair cost −0.113%, so the current rate has only just turned in your favour. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX STABLE-USDT	0.02489	0.0100	pay 0.0050% / 4h	3h 02m	—	$6.6M	—
Short	BloFin STABLE-USDT	0.02490	0.0124	get 0.0062% / 4h	3h 02m	$115K	$11K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against BingX. 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

Position, each leg$Hold fordaysFee BingXbpFee BloFinbpOrdersPrice spread, now +0.040%Rate

Funding earned: $5.01
Price spread: +0.040% → −0.043%: $8.33
Slippage, 4 orders: −$63.73
Fee BingX: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$72.38
Costs to cover: 0.857%
Break-even: 108.0 days

Slippage from BingX: live order book, 9 min ago; BloFin: live order book, 53 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 BingX live order book, 9 min ago	8.04 bp	28.8 bp −$29	87.1 bp −$871	545.0 bp −$54.5K	954.5 bp −$477.2K
Sell BloFin live order book, 53 min ago	2.04 bp	8.0 bp −$8	54.1 bp −$541	doesn't fit	doesn't fit

STABLE on 15 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 STABLE	+0.0096%	1h	0.02503	+0.571%	$115K	$10K	3x	as long as short
Hyperliquid STABLE	+0.0100%	1h	0.02491	+0.088%	$872K	$162K	3x	as long as short
Aster STABLEUSDT	+0.0100%	4h	0.02492	+0.119%	$18K	$9K	20x	as long as short
Binance STABLEUSDT	+0.0100%	4h	0.02491	+0.079%	$2.5M	$2.7M	75x	as long as short
Bybit STABLEUSDT	+0.0100%	4h	0.02492	+0.121%	$1.5M	$769K	25x	as long as short
OKX STABLE-USDT-SWAP	+0.0100%	4h	0.02491	+0.080%	$212K	$452K	20x	as long as short
Gate STABLE_USDT	+0.0100%	4h	0.02490	+0.040%	$179K	$57K	50x	as long as short
MEXC STABLE_USDT	+0.0100%	4h	0.02490	+0.040%	$605K	$162K	20x	as long as short
KuCoin STABLEUSDTM	+0.0100%	4h	0.02497	+0.321%	$187K	$27K	30x	as long as short
Bitget STABLEUSDT	+0.0100%	4h	0.02492	+0.121%	$286K	$87K	25x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX STABLE-USDTlong	+0.0100%	4h	0.02489	long leg	—	$6.6M	—
Variational Omni STABLE	+0.0100%	4h	0.02489	−0.016%	$146K	$8K	—	as long as short
SunX STABLE-USDT	+0.0100%	4h	0.02488	−0.024%	$1K	$973K	20x	as long as short
Extended STABLE-USD	+0.0104%	1h	0.02490	+0.053%	$13K	$211K	10x	as long as short
BloFin STABLE-USDTshort	+0.0124%	4h	0.02490	+0.040%	$115K	$11K	75x