STABLE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0002%/8h= −0.2% APRnext payment −$0.01 per $10,000 · paid last 24h +0.003%

Price spread now: OKX against BloFin+0.081%83s7-day average +0.059% · you sell dearer than you buy

Net, funding: paid 7d − costs−$128as 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−$1151.147% of the position

Long on BloFin Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.136%−$14 on $10k

Price spread, last 3 days (all we have)−0.068%−$7 · spread now +0.081%, 7d avg +0.059%

Together, before fees−0.203%−$20 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: OKX is 0.022% dearer against BloFin than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.059%. The two prices were read 83 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	0.02463	0.0102	pay 0.0051% / 4h	1h 03m	$112K	$7K	75x
Short	OKX STABLE-USDT-SWAP	0.02465	0.0100	get 0.0050% / 4h	1h 03m	$203K	$403K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.081%Rate

Funding earned: −$0.32
Price spread: +0.081% → +0.059%: $2.23
Slippage, 4 orders: −$92.71
Fee BloFin: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$112.8
Costs to cover: 1.147%
Break-even: never at this rate

Slippage from BloFin: live order book, 68 min ago; OKX: live order book, 12 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, 68 min ago	4.05 bp	30.9 bp −$31	71.1 bp −$711	doesn't fit	doesn't fit
Sell OKX live order book, 12 min ago	4.06 bp	33.7 bp −$34	doesn't fit	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
Aster STABLEUSDT	−0.0080%	4h	0.02468	+0.194%	$19K	$7K	20x	as long as short
Lighter STABLE	+0.0096%	1h	0.02480	+0.694%	$114K	$3K	3x	as long as short
Hyperliquid STABLE	+0.0100%	1h	0.02467	+0.150%	$869K	$226K	3x	as long as short
Binance STABLEUSDT	+0.0100%	4h	0.02466	+0.122%	$2.4M	$2.7M	75x	as long as short
Bybit STABLEUSDT	+0.0100%	4h	0.02468	+0.203%	$1.5M	$747K	25x	as long as short
OKX STABLE-USDT-SWAPshort	+0.0100%	4h	0.02465	+0.081%	$203K	$403K	20x
Gate STABLE_USDT	+0.0100%	4h	0.02467	+0.162%	$172K	$87K	50x	as long as short
MEXC STABLE_USDT	+0.0100%	4h	0.02466	+0.122%	$658K	$157K	20x	as long as short
KuCoin STABLEUSDTM	+0.0100%	4h	0.02471	+0.325%	$177K	$27K	30x	as long as short
Bitget STABLEUSDT	+0.0100%	4h	0.02468	+0.203%	$291K	$115K	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	0.02466	+0.122%	—	$6.6M	—	as long as short
Variational Omni STABLE	+0.0100%	4h	0.02467	+0.169%	$145K	$50K	—	as long as short
SunX STABLE-USDT	+0.0100%	4h	0.02466	+0.106%	$2K	$659K	20x	as long as short
BloFin STABLE-USDTlong	+0.0102%	4h	0.02463	long leg	$112K	$7K	75x
Extended STABLE-USD	+0.0104%	1h	0.02465	+0.101%	$12K	$175K	10x	as long as short