Funding you earn now, next payment 08:00 UTC+0.0031%/8h= +3.4% APRnext payment +$0.16 per $10,000 · paid last 24h −0.002%
Price spread now: Binance against BloFin0.000%7-day average −0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$174as in the Funding arb table
Net, price: spread back to 7d avg − costs−$172as in the Price arb table
costs, in and out, $10k−$1741.744% of the position
Funding, last 7 days+0.004%$0 on $10k
+Price spread, last 4 days (all we have)+0.208%+$21 · spread now 0.000%, 7d avg −0.021%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Binance is 0.021% dearer against BloFin than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.021%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin STBL-USDT | 0.02664 | 0.0069 | pay 0.0034% / 4h | 3h 26m | $127K | $22K | 50x |
| Short | Binance STBLUSDT | 0.02664 | 0.0100 | get 0.0050% / 4h | 3h 26m | $1.9M | $2.1M | 50x |
BloFin STBL-USDT
Binance STBLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BloFin. 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
- $6.51
- Price spread: 0.000% → −0.021%
- $2.07
- Slippage, 4 orders
- −$152.38
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$165.79
- Costs to cover
- 1.744%
- Break-even
- 185.1 days
Slippage from BloFin: live order book, 62 min ago; Binance: live order book, 8 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 BloFin live order book, 62 min ago | 1.88 bp | 49.1 bp −$49 | 236.8 bp −$2,368 | doesn't fit | doesn't fit |
| Sell Binance live order book, 8 min ago | 3.75 bp | 35.9 bp −$36 | 224.9 bp −$2,249 | 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-USDTlong | +0.0069% | 4h | 0.02664 | long leg | $127K | $22K | 50x | |
| Lighter STBL | +0.0096% | 1h | 0.02656 | −0.300% | $80K | $2K | 3x | as long as short |
| Aster STBLUSDT | +0.0100% | 4h | 0.02660 | −0.163% | $89K | $5K | 5x | as long as short |
| Binance STBLUSDTshort | +0.0100% | 4h | 0.02664 | 0.000% | $1.9M | $2.1M | 50x | |
| MEXC STBL_USDT | +0.0100% | 4h | 0.02664 | 0.000% | $361K | $148K | 100x | as long as short |
| KuCoin STBLUSDTM | +0.0100% | 4h | 0.02654 | −0.375% | $1.1M | $235K | 20x | as long as short |
| Variational Omni STBL | +0.0100% | 4h | 0.02666 | +0.076% | $972 | $276 | — | as long as short |
| SunX STBL-USDT | +0.0100% | 4h | 0.02659 | −0.188% | $2K | $1.1M | 20x | as long as short |
| Hyperliquid STBL | +0.0533% | 1h | 0.02659 | −0.173% | $2.0M | $262K | 3x | as long as short |
| BingX STBL-USDT | +0.1020% | 4h | 0.02662 | −0.075% | — | $6.6M | — | as long as short |
Lighter STBL
Aster STBLUSDT
MEXC STBL_USDT
KuCoin STBLUSDTM
Variational Omni STBL
SunX STBL-USDT
Hyperliquid STBL
BingX STBL-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit STBLUSDT | +0.1189% | 4h | 0.02661 | −0.113% | $1.5M | $658K | 20x | as long as short |
| Gate STBL_USDT | +0.2012% | 4h | 0.02675 | +0.413% | $1.2M | $93K | 50x | as long as short |
Bybit STBLUSDT
Gate STBL_USDT