Funding you earn now, next payment 00:00 UTC+0.0054%/8h= +5.9% APRnext payment +$0.27 per $10,000 · paid last 24h +0.120%
Price spread now: KuCoin against BloFin−0.114%65s7-day average −0.085% · you buy dearer than you sell
Net, funding: paid 7d − costs−$456as 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−$5015.006% of the position
Funding, last 7 days+0.441%+$44 on $10k
+Price spread, last 3 days (all we have)+0.301%+$30 · spread now −0.114%, 7d avg −0.085%
=Funding pays, the price is against you. KuCoin is 0.029% cheaper against BloFin than usual: you would sell low and buy high (spread −0.114% now, against its 7-day average of −0.085%). If the spread goes back, that is −$3 on $10k: about 44 hours of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.441% in total) that is about 11 hours. The two prices were read 65 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 | 0.02633 | 0.0046 | pay 0.0023% / 4h | 1h 24m | $126K | $22K | 50x |
| Short | KuCoin STBLUSDTM | 0.02630 | 0.0100 | get 0.0050% / 4h | 1h 24m | $1.1M | $230K | 20x |
BloFin STBL-USDT
KuCoin STBLUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $11.31
- Price spread: −0.114% → −0.085%
- −$2.93
- Slippage, 4 orders
- −$476.6
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$492.22
- Costs to cover
- 5.006%
- Break-even
- 311.5 days
Slippage from BloFin: live order book, 49 min ago; KuCoin: live order book, 1 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, 49 min ago | 7.60 bp | 38.5 bp −$39 | 210.9 bp −$2,109 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 1 min ago | 9.49 bp | 211.7 bp −$212 | 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 | +0.0046% | 4h | 0.02633 | long leg | $126K | $22K | 50x | |
| Lighter STBL | +0.0096% | 1h | 0.02631 | −0.076% | $79K | $2K | 3x | as long as short |
| Hyperliquid STBL | +0.0100% | 1h | 0.02634 | +0.027% | $1.9M | $280K | 3x | as long as short |
| Binance STBLUSDT | +0.0100% | 4h | 0.02641 | +0.311% | $1.9M | $2.2M | 50x | as long as short |
| MEXC STBL_USDT | +0.0100% | 4h | 0.02640 | +0.266% | $370K | $149K | 100x | as long as short |
| KuCoin STBLUSDTMshort | +0.0100% | 4h | 0.02630 | −0.114% | $1.1M | $230K | 20x | |
| Variational Omni STBL | +0.0100% | 4h | 0.02633 | −0.012% | $962 | $282 | — | as long as short |
| SunX STBL-USDT | +0.0100% | 4h | 0.02635 | +0.076% | $1K | $1.1M | 20x | as long as short |
| Bybit STBLUSDT | +0.0226% | 4h | 0.02635 | +0.076% | $1.5M | $686K | 20x | as long as short |
| BingX STBL-USDT | +0.0248% | 4h | 0.02640 | +0.266% | — | $6.6M | — | as long as short |
Lighter STBL
Hyperliquid STBL
Binance STBLUSDT
MEXC STBL_USDT
Variational Omni STBL
SunX STBL-USDT
Bybit STBLUSDT
BingX STBL-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate STBL_USDT | +0.0352% | 4h | 0.02642 | +0.342% | $1.2M | $117K | 50x | as long as short |
| Aster STBLUSDT | +0.0470% | 4h | 0.02636 | +0.127% | $88K | $6K | 5x | as long as short |
Gate STBL_USDT
Aster STBLUSDT