STABLE

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0056%/8h= +6.1% APRnext payment +$0.07 per $10,000 · paid last 24h +0.006%

Price spread now: Extended against Hyperliquid+0.016%7-day average −0.030% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Hyperliquid Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.282%+$28 on $10k

Price spread, last 4 days (all we have)−0.103%−$10 · spread now +0.016%, 7d avg −0.030%

Together, before fees+0.180%+ Points / potential airdropHyperliquid: Season 2 · Extended: Active · farm board+$18 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Extended is 0.045% dearer against Hyperliquid than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.030%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid STABLE	0.02474	0.0048	pay 0.0006% / 1h	32m 34s	$872K	$235K	3x
Short	Extended STABLE-USD	0.02475	0.0104	get 0.0013% / 1h	32m 34s	$12K	$175K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Hyperliquid. 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 HyperliquidbpFee ExtendedbpOrdersPrice spread, now +0.016%Rate

Funding earned: $11.75
Price spread: +0.016% → −0.030%: $4.55
Slippage, 4 orders: no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee Extended: 2.5 bp × 2 orders: −$5
Net: $2.3
Costs to cover: 0.140%
Break-even: 5.6 days

Slippage unknown: Hyperliquid: live order book, 52 min ago; Extended: live order book, 53 min ago. Net counts fees only.

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 Hyperliquid live order book, 52 min ago	6.87 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Extended live order book, 53 min ago	6.06 bp	37.8 bp −$38	367.6 bp −$3,676	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	−0.0315%	4h	0.02473	−0.054%	$19K	$7K	20x	as long as short
Hyperliquid STABLElong	+0.0048%	1h	0.02474	long leg	$872K	$235K	3x
Bybit STABLEUSDT	+0.0083%	4h	0.02477	+0.105%	$1.5M	$819K	25x	as long as short
Lighter STABLE	+0.0096%	1h	0.02490	+0.614%	$114K	$3K	3x	as long as short
Binance STABLEUSDT	+0.0100%	4h	0.02475	+0.028%	$2.4M	$2.7M	75x	as long as short
OKX STABLE-USDT-SWAP	+0.0100%	4h	0.02476	+0.069%	$204K	$418K	20x	as long as short
Gate STABLE_USDT	+0.0100%	4h	0.02474	−0.012%	$171K	$87K	50x	as long as short
MEXC STABLE_USDT	+0.0100%	4h	0.02474	−0.012%	$660K	$157K	20x	as long as short
KuCoin STABLEUSDTM	+0.0100%	4h	0.02479	+0.190%	$175K	$27K	30x	as long as short
Bitget STABLEUSDT	+0.0100%	4h	0.02476	+0.069%	$292K	$116K	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	0.02477	+0.109%	—	$6.5M	—	as long as short
Variational Omni STABLE	+0.0100%	4h	0.02475	+0.045%	$145K	$51K	—	as long as short
SunX STABLE-USDT	+0.0100%	4h	0.02477	+0.093%	$2K	$646K	20x	as long as short
Extended STABLE-USDshort	+0.0104%	1h	0.02475	+0.016%	$12K	$175K	10x
BloFin STABLE-USDT	+0.0117%	4h	0.02472	−0.093%	$114K	$8K	75x	as long as short