Settings8H · net · $10k
Funding arb · Price arb /

STABLE

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Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against Bybit−0.126%7-day average −0.107% · you buy dearer than you sell
Net, funding: paid 7d − costs−$131as in the Funding arb table
Net, price: spread back to 7d avg − costs−$158as in the Price arb table
costs, in and out, $10k−$1561.561% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.256%+$26 on $10k
Price spread, last 4 days (all we have)−0.050%−$5 · spread now −0.126%, 7d avg −0.107%
Together, before fees+0.206%+ Points / potential airdropExtended: Active · farm board+$21 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit STABLEUSDT0.024740.0100pay 0.0050% / 4h2h 10m$1.5M$818K25x
ShortExtended STABLE-USD0.024710.0104get 0.0013% / 1h10m 35s$12K$175K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Bybit. 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

Funding earned
$0.84
Price spread: −0.126% → −0.107%
−$1.96
Slippage, 4 orders
−$140.15
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$157.27
Costs to cover
1.561%
Break-even
1317.6 days
Slippage from Bybit: live order book, 6 min ago; Extended: live order book, 11 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 6 min ago4.04 bp32.8 bp −$33doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 11 min ago5.66 bp38.1 bp −$38358.9 bp −$3,589doesn't fitdoesn't fit

STABLE on 15 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster STABLEUSDT−0.0325%4h0.02474−0.009%$19K$7K20xas long as short
BloFin STABLE-USDT+0.0094%4h0.02470−0.154%$114K$8K75xas long as short
Lighter STABLE+0.0096%1h0.02488+0.590%$114K$3K3xas long as short
Hyperliquid STABLE+0.0100%1h0.02470−0.137%$871K$235K3xas long as short
Binance STABLEUSDT+0.0100%4h0.02471−0.113%$2.4M$2.7M75xas long as short
Bybit STABLEUSDTlong+0.0100%4h0.02474long leg$1.5M$818K25x
OKX STABLE-USDT-SWAP+0.0100%4h0.02476+0.089%$204K$418K20xas long as short
Gate STABLE_USDT+0.0100%4h0.02471−0.113%$171K$87K50xas long as short
MEXC STABLE_USDT+0.0100%4h0.02470−0.154%$659K$158K20xas long as short
KuCoin STABLEUSDTM+0.0100%4h0.02477+0.129%$175K$27K30xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget STABLEUSDT+0.0100%4h0.02473−0.032%$292K$117K25xas long as short
BingX STABLE-USDT+0.0100%4h0.02472−0.073%$6.6Mas long as short
Variational Omni STABLE+0.0100%4h0.02474+0.004%$145K$51Kas long as short
SunX STABLE-USDT+0.0100%4h0.02473−0.024%$1K$649K20xas long as short
Extended STABLE-USDshort+0.0104%1h0.02471−0.126%$12K$175K10x