Funding you earn now, next payment 12:00 UTC+0.0004%/8h= +0.5% APRnext payment +$0.02 per $10,000 · paid last 24h +0.180%
Price spread now: BingX against BloFin−0.151%7-day average −0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$190as in the Funding arb table
Net, price: spread back to 7d avg − costs−$238as in the Price arb table
costs, in and out, $10k−$2252.255% of the position
Funding, last 7 days+0.352%+$35 on $10k
+Price spread, last 4 days (all we have)+0.376%+$38 · spread now −0.151%, 7d avg −0.022%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.128% cheaper against BloFin than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of −0.022%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin STBL-USDT | 0.02654 | 0.0096 | pay 0.0048% / 4h | 1h 52m | $125K | $20K | 50x |
| Short | BingX STBL-USDT | 0.02650 | 0.0100 | get 0.0050% / 4h | 1h 52m | — | $6.6M | — |
BloFin STBL-USDT
BingX STBL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- $0.87
- Price spread: −0.151% → −0.022%
- −$12.83
- Slippage, 4 orders
- −$203.46
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$237.42
- Costs to cover
- 2.255%
- Break-even
- 1921.8 days
Slippage from BloFin: live order book, 51 min ago; BingX: live order book, 2 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, 51 min ago | 5.69 bp | 33.9 bp −$34 | 201.0 bp −$2,010 | doesn't fit | doesn't fit |
| Sell BingX live order book, 2 min ago | 26.35 bp | 77.4 bp −$77 | 200.5 bp −$2,005 | 1105.4 bp −$110.5K | 1423.8 bp −$711.9K |
STBL on 12 exchanges
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 | +0.0096% | 4h | 0.02654 | long leg | $125K | $20K | 50x | |
| Lighter STBL | +0.0096% | 1h | 0.02642 | −0.452% | $79K | $969 | 3x | as long as short |
| Aster STBLUSDT | +0.0100% | 4h | 0.02650 | −0.158% | $89K | $5K | 5x | as long as short |
| Binance STBLUSDT | +0.0100% | 4h | 0.02651 | −0.113% | $1.9M | $1.5M | 50x | as long as short |
| Bybit STBLUSDT | +0.0100% | 4h | 0.02650 | −0.151% | $1.5M | $385K | 20x | as long as short |
| MEXC STBL_USDT | +0.0100% | 4h | 0.02650 | −0.151% | $357K | $131K | 100x | as long as short |
| BingX STBL-USDTshort | +0.0100% | 4h | 0.02650 | −0.151% | — | $6.6M | — | |
| Variational Omni STBL | +0.0100% | 4h | 0.02654 | −0.007% | $988 | $293 | — | as long as short |
| SunX STBL-USDT | +0.0100% | 4h | 0.02648 | −0.226% | $2K | $925K | 20x | as long as short |
| KuCoin STBLUSDTM | +0.0136% | 4h | 0.02654 | 0.000% | $1.1M | $187K | 20x | as long as short |
Lighter STBL
Aster STBLUSDT
Binance STBLUSDT
Bybit STBLUSDT
MEXC STBL_USDT
Variational Omni STBL
SunX STBL-USDT
KuCoin STBLUSDTMShow all 12 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate STBL_USDT | +0.0246% | 4h | 0.02660 | +0.226% | $1.2M | $55K | 50x | as long as short |
| Hyperliquid STBL | +0.1427% | 1h | 0.02648 | −0.237% | $1.9M | $207K | 3x | as long as short |
Gate STBL_USDT
Hyperliquid STBL