Funding you earn now, next payment 08:00 UTC−0.0068%/8h= −7.4% APRnext payment −$0.34 per $10,000 · paid last 24h −0.186%
Price spread now: BloFin against BingX+0.112%7-day average +0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$271as in the Funding arb table
Net, price: spread back to 7d avg − costs−$227as in the Price arb table
costs, in and out, $10k−$2362.356% of the position
Funding, last 7 days−0.350%−$35 on $10k
+Price spread, last 4 days (all we have)−0.055%−$5 · spread now +0.112%, 7d avg +0.023%
=The price spread pays, funding is against you. BloFin is 0.089% dearer against BingX than usual: you sell high and buy low (spread +0.112% now, against its 7-day average of +0.023%): +$9 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 4.4 days. At the pace of the last 7 days (−0.350% in total) that is about 43 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX STBL-USDT | 0.02673 | 0.0160 | pay 0.0080% / 4h | 20m 33s | — | $6.6M | — |
| Short | BloFin STBL-USDT | 0.02676 | 0.0092 | get 0.0046% / 4h | 20m 33s | $127K | $19K | 50x |
BingX STBL-USDT
BloFin STBL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against BingX. 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
- −$14.28
- Price spread: +0.112% → +0.023%
- $8.92
- Slippage, 4 orders
- −$213.61
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$240.97
- Costs to cover
- 2.356%
- Break-even
- never at this rate
Slippage from BingX: live order book, 6 min ago; BloFin: live order book, 46 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 BingX live order book, 6 min ago | 28.02 bp | 83.9 bp −$84 | 345.4 bp −$3,454 | 1433.0 bp −$143.3K | 1582.8 bp −$791.4K |
| Sell BloFin live order book, 46 min ago | 3.73 bp | 48.3 bp −$48 | 143.8 bp −$1,438 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin STBL-USDTshort | +0.0092% | 4h | 0.02676 | +0.112% | $127K | $19K | 50x | |
| Lighter STBL | +0.0096% | 1h | 0.02664 | −0.337% | $80K | $1K | 3x | as long as short |
| Aster STBLUSDT | +0.0100% | 4h | 0.02667 | −0.236% | $89K | $5K | 5x | as long as short |
| Binance STBLUSDT | +0.0100% | 4h | 0.02675 | +0.082% | $2.0M | $1.8M | 50x | as long as short |
| MEXC STBL_USDT | +0.0100% | 4h | 0.02675 | +0.075% | $359K | $146K | 100x | as long as short |
| KuCoin STBLUSDTM | +0.0100% | 4h | 0.02674 | +0.037% | $1.1M | $243K | 20x | as long as short |
| Variational Omni STBL | +0.0100% | 4h | 0.02672 | −0.036% | $977 | $273 | — | as long as short |
| SunX STBL-USDT | +0.0100% | 4h | 0.02667 | −0.224% | $1K | $997K | 20x | as long as short |
| Bybit STBLUSDT | +0.0119% | 4h | 0.02672 | −0.037% | $1.5M | $536K | 20x | as long as short |
| BingX STBL-USDTlong | +0.0160% | 4h | 0.02673 | long leg | — | $6.6M | — |
Lighter STBL
Aster STBLUSDT
Binance STBLUSDT
MEXC STBL_USDT
KuCoin STBLUSDTM
Variational Omni STBL
SunX STBL-USDT
Bybit STBLUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid STBL | +0.0175% | 1h | 0.02671 | −0.086% | $2.0M | $211K | 3x | as long as short |
| Gate STBL_USDT | +0.0526% | 4h | 0.02681 | +0.299% | $1.2M | $75K | 50x | as long as short |
Hyperliquid STBL
Gate STBL_USDT