Funding you earn now, next payment 08:00 UTC−0.0051%/8h= −5.6% APRnext payment −$0.25 per $10,000 · paid last 24h −0.002%
Price spread now: MEXC against BloFin−0.186%79s7-day average −0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$154as 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−$1541.542% of the position
Funding, last 7 days+0.004%$0 on $10k
+Price spread, last 4 days (all we have)+0.248%+$25 · spread now −0.186%, 7d avg −0.027%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and MEXC is 0.159% cheaper against BloFin than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of −0.027%). Swap the legs. The two prices were read 79 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 | 0.02692 | 0.0151 | pay 0.0075% / 4h | 35m 49s | $126K | $19K | 50x |
| Short | MEXC STBL_USDT | 0.02687 | 0.0100 | get 0.0050% / 4h | 35m 49s | $370K | $144K | 100x |
BloFin STBL-USDT
MEXC STBL_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$10.67
- Price spread: −0.186% → −0.027%
- −$15.86
- Slippage, 4 orders
- −$138.19
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$180.71
- Costs to cover
- 1.542%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 31 min ago; MEXC: live order book, 49 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, 31 min ago | 3.73 bp | 24.4 bp −$24 | 155.5 bp −$1,555 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 49 min ago | 3.75 bp | 44.5 bp −$45 | 122.1 bp −$1,221 | 258.5 bp −$25.9K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter STBL | +0.0096% | 1h | 0.02675 | −0.632% | $80K | $1K | 3x | as long as short |
| Aster STBLUSDT | +0.0100% | 4h | 0.02678 | −0.507% | $89K | $5K | 5x | as long as short |
| Binance STBLUSDT | +0.0100% | 4h | 0.02687 | −0.186% | $2.0M | $2.1M | 50x | as long as short |
| MEXC STBL_USDTshort | +0.0100% | 4h | 0.02687 | −0.186% | $370K | $144K | 100x | |
| KuCoin STBLUSDTM | +0.0100% | 4h | 0.02693 | +0.037% | $1.1M | $254K | 20x | as long as short |
| Variational Omni STBL | +0.0100% | 4h | 0.02686 | −0.224% | $981 | $273 | — | as long as short |
| SunX STBL-USDT | +0.0100% | 4h | 0.02679 | −0.483% | $2K | $1.1M | 20x | as long as short |
| BloFin STBL-USDTlong | +0.0151% | 4h | 0.02692 | long leg | $126K | $19K | 50x | |
| Bybit STBLUSDT | +0.0302% | 4h | 0.02684 | −0.297% | $1.5M | $580K | 20x | as long as short |
| BingX STBL-USDT | +0.0342% | 4h | 0.02686 | −0.223% | — | $6.6M | — | as long as short |
Lighter STBL
Aster STBLUSDT
Binance STBLUSDT
KuCoin STBLUSDTM
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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid STBL | +0.0524% | 1h | 0.02682 | −0.360% | $2.0M | $218K | 3x | as long as short |
| Gate STBL_USDT | +0.0694% | 4h | 0.02696 | +0.149% | $1.2M | $74K | 50x | as long as short |
Hyperliquid STBL
Gate STBL_USDT