Funding you earn now, next payment 00:00 UTC−0.0164%/8h= −18.0% APRnext payment −$0.82 per $10,000 · paid last 24h −0.006%
Price spread now: Bybit against Gate−0.150%7-day average −0.273% · you buy dearer than you sell
Net, funding: paid 7d − costs−$867as in the Funding arb table
Net, price: spread back to 7d avg − costs−$841as in the Price arb table
costs, in and out, $10k−$8548.537% of the position
Funding, last 7 days−0.135%−$13 on $10k
+Price spread, last 7 days−0.089%−$9 · spread now −0.150%, 7d avg −0.273%
=The price spread pays, funding is against you. Bybit is 0.123% dearer against Gate than usual: you sell high and buy low (spread −0.150% now, against its 7-day average of −0.273%): +$12 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 2.5 days. At the pace of the last 7 days (−0.135% in total) that is about 6.4 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate STBL_USDT | 0.02666 | 0.0264 | pay 0.0132% / 4h | 50m 43s | $1.2M | $116K | 50x |
| Short | Bybit STBLUSDT | 0.02662 | 0.0100 | get 0.0050% / 4h | 50m 43s | $1.5M | $678K | 20x |
Gate STBL_USDT
Bybit STBLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$34.44
- Price spread: −0.150% → −0.273%
- $12.32
- Slippage, 4 orders
- −$827.73
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$875.86
- Costs to cover
- 8.537%
- Break-even
- never at this rate
Slippage from Gate: live order book, 1 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 Gate live order book, 1 min ago | 9.38 bp | 276.1 bp −$276 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 3.77 bp | 157.0 bp −$157 | 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 | 0.02654 | −0.450% | $127K | $22K | 50x | as long as short |
| Lighter STBL | +0.0096% | 1h | 0.02654 | −0.450% | $80K | $2K | 3x | as long as short |
| Hyperliquid STBL | +0.0100% | 1h | 0.02658 | −0.293% | $2.0M | $278K | 3x | as long as short |
| Binance STBLUSDT | +0.0100% | 4h | 0.02662 | −0.153% | $1.9M | $2.2M | 50x | as long as short |
| Bybit STBLUSDTshort | +0.0100% | 4h | 0.02662 | −0.150% | $1.5M | $678K | 20x | |
| MEXC STBL_USDT | +0.0100% | 4h | 0.02662 | −0.150% | $372K | $147K | 100x | as long as short |
| KuCoin STBLUSDTM | +0.0100% | 4h | 0.02665 | −0.038% | $1.1M | $233K | 20x | as long as short |
| BingX STBL-USDT | +0.0100% | 4h | 0.02663 | −0.113% | — | $6.6M | — | as long as short |
| Variational Omni STBL | +0.0100% | 4h | 0.02652 | −0.520% | $968 | $282 | — | as long as short |
| SunX STBL-USDT | +0.0100% | 4h | 0.02656 | −0.375% | $1K | $1.1M | 20x | as long as short |
BloFin STBL-USDT
Lighter STBL
Hyperliquid STBL
Binance STBLUSDT
MEXC STBL_USDT
KuCoin STBLUSDTM
BingX STBL-USDT
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 | +0.0168% | 4h | 0.02653 | −0.502% | $89K | $6K | 5x | as long as short |
| Gate STBL_USDTlong | +0.0264% | 4h | 0.02666 | long leg | $1.2M | $116K | 50x |
Aster STBLUSDT