STBL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0398%/8h= −43.6% APRnext payment −$1.99 per $10,000 · paid last 24h −0.022%

Price spread now: KuCoin against Gate−0.559%7-day average −0.261% · you buy dearer than you sell

Net, funding: paid 7d − costs−$1,152as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,177as in the Price arb table

costs, in and out, $10k−$1,14711.467% of the position

Long on Gate Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.048%−$5 on $10k

Price spread, last 7 days+0.101%+$10 · spread now −0.559%, 7d avg −0.261%

Together, before fees+0.053%+$5 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and KuCoin is 0.298% cheaper against Gate than usual: you would sell low and buy high (−$30 if the spread goes back to its 7-day average of −0.261%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.048% in total (about -2.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.99 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	Gate STBL_USDT	0.02682	0.0498	pay 0.0249% / 4h	17m 20s	$1.2M	$75K	50x
Short	KuCoin STBLUSDTM	0.02667	0.0100	get 0.0050% / 4h	17m 20s	$1.1M	$242K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Gate. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee GatebpFee KuCoinbpOrdersPrice spread, now −0.559%Rate

Funding earned: −$83.58
Price spread: −0.559% → −0.261%: −$29.83
Slippage, 4 orders: −$1,119.68
Fee Gate: 7.5 bp × 2 orders: −$15
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$1,260.08
Costs to cover: 11.467%
Break-even: never at this rate

Slippage from Gate: live order book, 5 min ago; KuCoin: live order book, 7 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, 5 min ago	14.89 bp	232.8 bp −$233	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 7 min ago	5.62 bp	174.5 bp −$174	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	+0.0088%	4h	0.02675	−0.261%	$127K	$19K	50x	as long as short
Lighter STBL	+0.0096%	1h	0.02664	−0.671%	$80K	$1K	3x	as long as short
Aster STBLUSDT	+0.0100%	4h	0.02666	−0.597%	$89K	$5K	5x	as long as short
Binance STBLUSDT	+0.0100%	4h	0.02674	−0.282%	$2.0M	$1.8M	50x	as long as short
Bybit STBLUSDT	+0.0100%	4h	0.02671	−0.410%	$1.5M	$536K	20x	as long as short
MEXC STBL_USDT	+0.0100%	4h	0.02674	−0.298%	$358K	$146K	100x	as long as short
KuCoin STBLUSDTMshort	+0.0100%	4h	0.02667	−0.559%	$1.1M	$242K	20x
Variational Omni STBL	+0.0100%	4h	0.02672	−0.372%	$977	$273	—	as long as short
SunX STBL-USDT	+0.0100%	4h	0.02667	−0.559%	$1K	$997K	20x	as long as short
BingX STBL-USDT	+0.0108%	4h	0.02674	−0.298%	—	$6.6M	—	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid STBL	+0.0129%	1h	0.02671	−0.421%	$2.0M	$211K	3x	as long as short
Gate STBL_USDTlong	+0.0498%	4h	0.02682	long leg	$1.2M	$75K	50x