Funding you earn now, next payment 08:00 UTC+0.2360%/8h= +258.4% APRnext payment +$11.80 per $10,000 · paid last 24h +0.151%
Price spread now: Gate against Binance+0.242%7-day average +0.213% · you sell dearer than you buy
Net, funding: paid 7d − costs−$766as in the Funding arb table
Net, price: spread back to 7d avg − costs−$813as in the Price arb table
costs, in and out, $10k−$8168.162% of the position
Funding, last 7 days+0.500%+$50 on $10k
+Price spread, last 7 days−0.013%−$1 · spread now +0.242%, 7d avg +0.213%
=Both sides work for this trade now. Funding pays +$71 a day on $10k at the current rate, and Gate is 0.029% dearer against Binance than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.213%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.500% in total (about 26.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$11.80 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance STBLUSDT | 0.02663 | 0.0100 | pay 0.0050% / 4h | 3h 02m | $1.9M | $2.1M | 50x |
| Short | Gate STBL_USDT | 0.02669 | 0.2460 | get 0.1230% / 4h | 3h 02m | $1.2M | $94K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $495.6
- Price spread: +0.242% → +0.213%
- $2.93
- Slippage, 4 orders
- −$791.2
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$317.67
- Costs to cover
- 8.162%
- Break-even
- 11.5 days
Slippage from Binance: live order book, 1 min ago; Gate: 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, 1 min ago | 3.75 bp | 54.0 bp −$54 | 444.0 bp −$4,440 | doesn't fit | doesn't fit |
| Sell Gate live order book, 4 min ago | 13.10 bp | 336.5 bp −$337 | 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 | 0.02653 | −0.359% | $80K | $2K | 3x | as long as short |
| Aster STBLUSDT | +0.0100% | 4h | 0.02659 | −0.140% | $89K | $5K | 5x | as long as short |
| Binance STBLUSDTlong | +0.0100% | 4h | 0.02663 | long leg | $1.9M | $2.1M | 50x | |
| MEXC STBL_USDT | +0.0100% | 4h | 0.02662 | −0.021% | $360K | $149K | 100x | as long as short |
| KuCoin STBLUSDTM | +0.0100% | 4h | 0.02660 | −0.096% | $1.1M | $235K | 20x | as long as short |
| Variational Omni STBL | +0.0100% | 4h | 0.02663 | +0.018% | $973 | $276 | — | as long as short |
| SunX STBL-USDT | +0.0100% | 4h | 0.02656 | −0.246% | $1K | $1.1M | 20x | as long as short |
| BloFin STBL-USDT | +0.0158% | 4h | 0.02660 | −0.096% | $126K | $22K | 50x | as long as short |
| Hyperliquid STBL | +0.0512% | 1h | 0.02659 | −0.141% | $2.0M | $257K | 3x | as long as short |
| Bybit STBLUSDT | +0.1116% | 4h | 0.02658 | −0.171% | $1.5M | $655K | 20x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX STBL-USDT | +0.1266% | 4h | 0.02661 | −0.058% | — | $6.6M | — | as long as short |
| Gate STBL_USDTshort | +0.2460% | 4h | 0.02669 | +0.242% | $1.2M | $94K | 50x |
Binance STBLUSDT
Gate STBL_USDT
Lighter STBL
Aster STBLUSDT
MEXC STBL_USDT
KuCoin STBLUSDTM
Variational Omni STBL
SunX STBL-USDT
BloFin STBL-USDT
Hyperliquid STBL
Bybit STBLUSDT
BingX STBL-USDT