Funding you earn now, next payment 00:00 UTC−0.0140%/8h= −15.3% APRnext payment −$0.70 per $10,000 · paid last 24h −0.015%
Price spread now: BingX against Gate−0.263%7-day average −0.230% · you buy dearer than you sell
Net, funding: paid 7d − costs−$691as in the Funding arb table
Net, price: spread back to 7d avg − costs−$679as in the Price arb table
costs, in and out, $10k−$6766.761% of the position
Funding, last 7 days−0.152%−$15 on $10k
+Price spread, last 7 days+0.072%+$7 · spread now −0.263%, 7d avg −0.230%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and BingX is 0.033% cheaper against Gate than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.230%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate STBL_USDT | 0.02665 | 0.0240 | pay 0.0120% / 4h | 48m 29s | $1.2M | $116K | 50x |
| Short | BingX STBL-USDT | 0.02658 | 0.0100 | get 0.0050% / 4h | 48m 29s | — | $6.6M | — |
Gate STBL_USDT
BingX STBL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Gate. 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
- −$29.4
- Price spread: −0.263% → −0.230%
- −$3.3
- Slippage, 4 orders
- −$651.11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$708.8
- Costs to cover
- 6.761%
- Break-even
- never at this rate
Slippage from Gate: live order book, 4 min ago; BingX: 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 Gate live order book, 4 min ago | 9.38 bp | 276.1 bp −$276 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 3 min ago | 26.30 bp | 67.8 bp −$68 | 164.6 bp −$1,646 | 1047.4 bp −$104.7K | 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 | +0.0070% | 4h | 0.02660 | −0.188% | $127K | $21K | 50x | as long as short |
| Lighter STBL | +0.0096% | 1h | 0.02650 | −0.563% | $80K | $2K | 3x | as long as short |
| Hyperliquid STBL | +0.0100% | 1h | 0.02656 | −0.338% | $2.0M | $278K | 3x | as long as short |
| Binance STBLUSDT | +0.0100% | 4h | 0.02658 | −0.263% | $1.9M | $2.2M | 50x | as long as short |
| Bybit STBLUSDT | +0.0100% | 4h | 0.02658 | −0.263% | $1.5M | $678K | 20x | as long as short |
| MEXC STBL_USDT | +0.0100% | 4h | 0.02659 | −0.225% | $372K | $147K | 100x | as long as short |
| KuCoin STBLUSDTM | +0.0100% | 4h | 0.02658 | −0.263% | $1.1M | $233K | 20x | as long as short |
| BingX STBL-USDTshort | +0.0100% | 4h | 0.02658 | −0.263% | — | $6.6M | — | |
| Variational Omni STBL | +0.0100% | 4h | 0.02661 | −0.163% | $970 | $282 | — | as long as short |
| SunX STBL-USDT | +0.0100% | 4h | 0.02657 | −0.300% | $2K | $1.1M | 20x | as long as short |
BloFin STBL-USDT
Lighter STBL
Hyperliquid STBL
Binance STBLUSDT
Bybit 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster STBLUSDT | +0.0149% | 4h | 0.02651 | −0.525% | $89K | $6K | 5x | as long as short |
| Gate STBL_USDTlong | +0.0240% | 4h | 0.02665 | long leg | $1.2M | $116K | 50x |
Aster STBLUSDT