STABLE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0012%/8h= +1.4% APRnext payment +$0.06 per $10,000 · paid last 24h +0.002%

Price spread now: BingX against BloFin−0.164%111s7-day average +0.043% · you buy dearer than you sell

Net, funding: paid 7d − costs−$96as 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−$1071.073% of the position

Long on BloFin Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.114%+$11 on $10k

Price spread, last 4 days (all we have)+0.154%+$15 · spread now −0.164%, 7d avg +0.043%

Together, before fees+0.268%+$27 on $10k · with fees, hour by hour

Funding pays, the price is against you. BingX is 0.207% cheaper against BloFin than usual: you would sell low and buy high (spread −0.164% now, against its 7-day average of +0.043%). If the spread goes back, that is −$21 on $10k: about 55 days of funding at the current rate ($0 a day). At the pace of the last 7 days (+0.114% in total) that is about 13 days. The two prices were read 111 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	0.02440	0.0088	pay 0.0044% / 4h	2h 33m	$114K	$7K	75x
Short	BingX STABLE-USDT	0.02436	0.0100	get 0.0050% / 4h	2h 33m	—	$6.5M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX 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 BingXbpOrdersPrice spread, now −0.164%Rate

Funding earned: $2.61
Price spread: −0.164% → +0.043%: −$20.71
Slippage, 4 orders: −$85.31
Fee BloFin: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: −$125.4
Costs to cover: 1.073%
Break-even: 342.8 days

Slippage from BloFin: live order book, 45 min ago; BingX: 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 BloFin live order book, 45 min ago	6.14 bp	12.1 bp −$12	42.2 bp −$422	doesn't fit	doesn't fit
Sell BingX live order book, 3 min ago	6.15 bp	35.6 bp −$36	89.6 bp −$896	696.0 bp −$69.6K	1212.2 bp −$606.1K

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
BloFin STABLE-USDTlong	+0.0088%	4h	0.02440	long leg	$114K	$7K	75x
Lighter STABLE	+0.0096%	1h	0.02451	+0.439%	$113K	$6K	3x	as long as short
Hyperliquid STABLE	+0.0100%	1h	0.02434	−0.242%	$854K	$180K	3x	as long as short
Aster STABLEUSDT	+0.0100%	4h	0.02438	−0.084%	$18K	$10K	20x	as long as short
Binance STABLEUSDT	+0.0100%	4h	0.02434	−0.234%	$2.5M	$2.8M	75x	as long as short
Bybit STABLEUSDT	+0.0100%	4h	0.02437	−0.123%	$1.5M	$777K	25x	as long as short
OKX STABLE-USDT-SWAP	+0.0100%	4h	0.02435	−0.205%	$210K	$426K	20x	as long as short
Gate STABLE_USDT	+0.0100%	4h	0.02437	−0.123%	$174K	$59K	50x	as long as short
MEXC STABLE_USDT	+0.0100%	4h	0.02435	−0.205%	$583K	$161K	20x	as long as short
KuCoin STABLEUSDTM	+0.0100%	4h	0.02442	+0.082%	$177K	$28K	30x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget STABLEUSDT	+0.0100%	4h	0.02437	−0.123%	$281K	$93K	25x	as long as short
BingX STABLE-USDTshort	+0.0100%	4h	0.02436	−0.164%	—	$6.5M	—
Variational Omni STABLE	+0.0100%	4h	0.02440	+0.005%	$143K	$8K	—	as long as short
SunX STABLE-USDT	+0.0100%	4h	0.02436	−0.164%	$1K	$911K	20x	as long as short
Extended STABLE-USD	+0.0104%	1h	0.02434	−0.230%	$12K	$232K	10x	as long as short