STABLE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0003%/8h= −0.3% APRnext payment −$0.01 per $10,000 · paid last 24h +0.002%

Price spread now: Binance against BloFin+0.048%61s7-day average −0.010% · you sell dearer than you buy

Net, funding: paid 7d − costs−$93as 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−$930.929% of the position

Long on BloFin Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.003%$0 on $10k

Price spread, last 4 days (all we have)−0.097%−$10 · spread now +0.048%, 7d avg −0.010%

Together, before fees−0.094%−$9 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.058% dearer against BloFin than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.010%. The two prices were read 61 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	BloFin STABLE-USDT	0.02435	0.0103	pay 0.0051% / 4h	1h 06m	$112K	$10K	75x
Short	Binance STABLEUSDT	0.02436	0.0100	get 0.0050% / 4h	1h 06m	$2.5M	$2.8M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against BloFin. 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 BloFinbpFee BinancebpOrdersPrice spread, now +0.048%Rate

Funding earned: −$0.56
Price spread: +0.048% → −0.010%: $5.78
Slippage, 4 orders: −$70.87
Fee BloFin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$87.65
Costs to cover: 0.929%
Break-even: never at this rate

Slippage from BloFin: live order book, 65 min ago; Binance: live order book, 14 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 BloFin live order book, 65 min ago	2.05 bp	23.6 bp −$24	49.4 bp −$494	doesn't fit	doesn't fit
Sell Binance live order book, 14 min ago	2.05 bp	25.1 bp −$25	94.2 bp −$942	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	0.02451	+0.669%	$113K	$10K	3x	as long as short
Hyperliquid STABLE	+0.0100%	1h	0.02437	+0.070%	$856K	$181K	3x	as long as short
Aster STABLEUSDT	+0.0100%	4h	0.02438	+0.107%	$18K	$10K	20x	as long as short
Binance STABLEUSDTshort	+0.0100%	4h	0.02436	+0.048%	$2.5M	$2.8M	75x
Bybit STABLEUSDT	+0.0100%	4h	0.02439	+0.164%	$1.5M	$757K	25x	as long as short
OKX STABLE-USDT-SWAP	+0.0100%	4h	0.02438	+0.123%	$211K	$423K	20x	as long as short
Gate STABLE_USDT	+0.0100%	4h	0.02437	+0.082%	$174K	$59K	50x	as long as short
MEXC STABLE_USDT	+0.0100%	4h	0.02437	+0.082%	$582K	$166K	20x	as long as short
KuCoin STABLEUSDTM	+0.0100%	4h	0.02444	+0.370%	$179K	$27K	30x	as long as short
Bitget STABLEUSDT	+0.0100%	4h	0.02439	+0.164%	$281K	$95K	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-USDT	+0.0100%	4h	0.02439	+0.164%	—	$6.6M	—	as long as short
Variational Omni STABLE	+0.0100%	4h	0.02441	+0.228%	$143K	$8K	—	as long as short
SunX STABLE-USDT	+0.0100%	4h	0.02438	+0.140%	$1K	$927K	20x	as long as short
BloFin STABLE-USDTlong	+0.0103%	4h	0.02435	long leg	$112K	$10K	75x
Extended STABLE-USD	+0.0104%	1h	0.02436	+0.031%	$13K	$187K	10x	as long as short