Funding you earn now, next payment 04:00 UTC+0.0360%/8h= +39.4% APRnext payment +$1.80 per $10,000 · paid last 24h +0.165%
Price spread now: Bybit against Binance−0.008%7-day average −0.064% · you buy dearer than you sell
Net, funding: paid 7d − costs−$259as in the Funding arb table
Net, price: spread back to 7d avg − costs−$287as in the Price arb table
costs, in and out, $10k−$2922.924% of the position
Funding, last 7 days+0.332%+$33 on $10k
+Price spread, last 7 days+0.015%+$1 · spread now −0.008%, 7d avg −0.064%
=Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Bybit is 0.055% dearer against Binance than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.064%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance STBLUSDT | 0.02656 | 0.0100 | pay 0.0050% / 4h | 1h 31m | $1.9M | $2.1M | 50x |
| Short | Bybit STBLUSDT | 0.02656 | 0.0460 | get 0.0230% / 4h | 1h 31m | $1.5M | $661K | 20x |
Binance STBLUSDT
Bybit STBLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $75.52
- Price spread: −0.008% → −0.064%
- $5.54
- Slippage, 4 orders
- −$271.45
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$211.39
- Costs to cover
- 2.924%
- Break-even
- 26.6 days
Slippage from Binance: live order book, 2 min ago; Bybit: live order book, 4 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 Binance live order book, 2 min ago | 1.88 bp | 53.0 bp −$53 | 398.1 bp −$3,981 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 9.40 bp | 127.6 bp −$128 | doesn't fit | doesn't fit | doesn't fit |
STBL on 12 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 STBL | +0.0096% | 1h | 0.02643 | −0.498% | $79K | $2K | 3x | as long as short |
| Hyperliquid STBL | +0.0100% | 1h | 0.02648 | −0.309% | $1.9M | $268K | 3x | as long as short |
| Aster STBLUSDT | +0.0100% | 4h | 0.02654 | −0.077% | $89K | $5K | 5x | as long as short |
| Binance STBLUSDTlong | +0.0100% | 4h | 0.02656 | long leg | $1.9M | $2.1M | 50x | |
| Gate STBL_USDT | +0.0100% | 4h | 0.02664 | +0.293% | $1.2M | $96K | 50x | as long as short |
| MEXC STBL_USDT | +0.0100% | 4h | 0.02655 | −0.046% | $362K | $148K | 100x | as long as short |
| KuCoin STBLUSDTM | +0.0100% | 4h | 0.02648 | −0.309% | $1.1M | $230K | 20x | as long as short |
| Variational Omni STBL | +0.0100% | 4h | 0.02651 | −0.197% | $967 | $276 | — | as long as short |
| SunX STBL-USDT | +0.0100% | 4h | 0.02649 | −0.272% | $2K | $1.1M | 20x | as long as short |
| BloFin STBL-USDT | +0.0130% | 4h | 0.02653 | −0.121% | $127K | $22K | 50x | as long as short |
Lighter STBL
Hyperliquid STBL
Aster STBLUSDT
Gate STBL_USDT
MEXC STBL_USDT
KuCoin STBLUSDTM
Variational Omni STBL
SunX STBL-USDT
BloFin STBL-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX STBL-USDT | +0.0438% | 4h | 0.02657 | +0.029% | — | $6.6M | — | as long as short |
| Bybit STBLUSDTshort | +0.0460% | 4h | 0.02656 | −0.008% | $1.5M | $661K | 20x |
BingX STBL-USDT