Funding you earn now, next payment 08:00 UTC+0.0397%/8h= +43.5% APRnext payment +$1.99 per $10,000 · paid last 24h +0.194%
Price spread now: Bybit against BloFin−0.226%72s7-day average −0.088% · you buy dearer than you sell
Net, funding: paid 7d − costs−$297as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$3333.334% of the position
Funding, last 7 days+0.366%+$37 on $10k
+Price spread, last 4 days (all we have)+0.338%+$34 · spread now −0.226%, 7d avg −0.088%
=Funding pays, the price is against you. Bybit is 0.138% cheaper against BloFin than usual: you would sell low and buy high (spread −0.226% now, against its 7-day average of −0.088%). If the spread goes back, that is −$14 on $10k: about 28 hours of funding at the current rate (+$12 a day). At the pace of the last 7 days (+0.366% in total) that is about 2.6 days. The two prices were read 72 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin STBL-USDT | 0.02659 | 0.0040 | pay 0.0020% / 4h | 1h 56m | $125K | $21K | 50x |
| Short | Bybit STBLUSDT | 0.02653 | 0.0438 | get 0.0219% / 4h | 1h 56m | $1.5M | $650K | 20x |
BloFin STBL-USDT
Bybit STBLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $83.47
- Price spread: −0.226% → −0.088%
- −$13.79
- Slippage, 4 orders
- −$310.39
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$263.7
- Costs to cover
- 3.334%
- Break-even
- 29.1 days
Slippage from BloFin: live order book, 16 min ago; Bybit: live order book, 5 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, 16 min ago | 5.64 bp | 30.3 bp −$30 | 217.4 bp −$2,174 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 5.65 bp | 117.9 bp −$118 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin STBL-USDTlong | +0.0040% | 4h | 0.02659 | long leg | $125K | $21K | 50x | |
| Lighter STBL | +0.0096% | 1h | 0.02641 | −0.677% | $79K | $2K | 3x | as long as short |
| Hyperliquid STBL | +0.0100% | 1h | 0.02649 | −0.391% | $1.9M | $252K | 3x | as long as short |
| Aster STBLUSDT | +0.0100% | 4h | 0.02649 | −0.367% | $89K | $5K | 5x | as long as short |
| Binance STBLUSDT | +0.0100% | 4h | 0.02652 | −0.249% | $1.9M | $2.0M | 50x | as long as short |
| MEXC STBL_USDT | +0.0100% | 4h | 0.02652 | −0.263% | $362K | $142K | 100x | as long as short |
| KuCoin STBLUSDTM | +0.0100% | 4h | 0.02650 | −0.338% | $1.1M | $236K | 20x | as long as short |
| Variational Omni STBL | +0.0100% | 4h | 0.02656 | −0.112% | $970 | $276 | — | as long as short |
| SunX STBL-USDT | +0.0100% | 4h | 0.02646 | −0.489% | $2K | $1.1M | 20x | as long as short |
| Bybit STBLUSDTshort | +0.0438% | 4h | 0.02653 | −0.226% | $1.5M | $650K | 20x |
Lighter STBL
Hyperliquid STBL
Aster STBLUSDT
Binance STBLUSDT
MEXC STBL_USDT
KuCoin STBLUSDTM
Variational Omni STBL
SunX STBL-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX STBL-USDT | +0.0446% | 4h | 0.02652 | −0.263% | — | $6.6M | — | as long as short |
| Gate STBL_USDT | +0.0704% | 4h | 0.02661 | +0.075% | $1.2M | $95K | 50x | as long as short |
BingX STBL-USDT
Gate STBL_USDT