Funding you earn now, next payment 08:00 UTC+0.0389%/8h= +42.6% APRnext payment +$1.94 per $10,000 · paid last 24h −0.045%
Price spread now: Gate against Bybit+0.149%7-day average +0.281% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,083as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,110as in the Price arb table
costs, in and out, $10k−$1,09710.965% of the position
Funding, last 7 days+0.138%+$14 on $10k
+Price spread, last 7 days+0.285%+$29 · spread now +0.149%, 7d avg +0.281%
=Funding pays, the price is against you. Gate is 0.133% cheaper against Bybit than usual: you would sell low and buy high (spread +0.149% now, against its 7-day average of +0.281%). If the spread goes back, that is −$13 on $10k: about 27 hours of funding at the current rate (+$12 a day). At the pace of the last 7 days (+0.138% in total) that is about 6.7 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.138% in total (about 7.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.94 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit STBLUSDT | 0.02693 | 0.0341 | pay 0.0171% / 4h | 38m 59s | $1.5M | $651K | 20x |
| Short | Gate STBL_USDT | 0.02697 | 0.0730 | get 0.0365% / 4h | 38m 59s | $1.2M | $74K | 50x |
Bybit STBLUSDT
Gate STBL_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bybit. 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
- $81.66
- Price spread: +0.149% → +0.281%
- −$13.25
- Slippage, 4 orders
- −$1,070.51
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$1,028.1
- Costs to cover
- 10.965%
- Break-even
- 95.1 days
Slippage from Bybit: live order book, 2 min ago; Gate: live order book, 3 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 Bybit live order book, 2 min ago | 7.44 bp | 209.8 bp −$210 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 3 min ago | 13.01 bp | 349.7 bp −$350 | 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-USDT | +0.0063% | 4h | 0.02676 | −0.631% | $127K | $19K | 50x | as long as short |
| Lighter STBL | +0.0096% | 1h | 0.02681 | −0.446% | $80K | $1K | 3x | as long as short |
| Aster STBLUSDT | +0.0100% | 4h | 0.02682 | −0.418% | $90K | $5K | 5x | as long as short |
| Binance STBLUSDT | +0.0100% | 4h | 0.02693 | 0.000% | $2.0M | $2.1M | 50x | as long as short |
| MEXC STBL_USDT | +0.0100% | 4h | 0.02691 | −0.074% | $370K | $144K | 100x | as long as short |
| KuCoin STBLUSDTM | +0.0100% | 4h | 0.02695 | +0.074% | $1.1M | $249K | 20x | as long as short |
| Variational Omni STBL | +0.0100% | 4h | 0.02685 | −0.298% | $979 | $273 | — | as long as short |
| SunX STBL-USDT | +0.0100% | 4h | 0.02679 | −0.520% | $2K | $1.1M | 20x | as long as short |
| Bybit STBLUSDTlong | +0.0341% | 4h | 0.02693 | long leg | $1.5M | $651K | 20x | |
| BingX STBL-USDT | +0.0390% | 4h | 0.02693 | 0.000% | — | $6.6M | — | as long as short |
BloFin STBL-USDT
Lighter STBL
Aster STBLUSDT
Binance STBLUSDT
MEXC STBL_USDT
KuCoin STBLUSDTM
Variational Omni STBL
SunX STBL-USDT
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 | 0.02686 | −0.245% | $2.0M | $218K | 3x | as long as short |
| Gate STBL_USDTshort | +0.0730% | 4h | 0.02697 | +0.149% | $1.2M | $74K | 50x |
Hyperliquid STBL