Settings8H · net · $10k
Funding arb · Price arb /

STBL

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Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.047%
Price spread now: Variational Omni against Hyperliquid+0.263%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHyperliquid: Season 2 · Variational Omni: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.263% dearer against Hyperliquid than usual: you sell high and buy low, +$26 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid STBL0.026520.0100pay 0.0013% / 1h27m 59s$2.0M$284K3x
ShortVariational Omni STBL0.026590.0100get 0.0050% / 4h2h 27m$970$276

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Hyperliquid. 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

Funding earned
$0
Price spread: +0.263% → 0.000%
$26.35
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$17.35
Costs to cover
0.090%
Break-even
from the start
Slippage unknown: Hyperliquid: live order book, 3 min ago; Variational Omni: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Hyperliquid live order book, 3 min ago1.70 bp30.7 bp −$31doesn't fitdoesn't fitdoesn't fit
Sell Variational Omni no order-book sample
Variational Omni: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

STBL on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter STBL+0.0096%1h0.02647−0.192%$79K$2K3xas long as short
Hyperliquid STBLlong+0.0100%1h0.02652long leg$2.0M$284K3x
Aster STBLUSDT+0.0100%4h0.02653+0.021%$89K$6K5xas long as short
Binance STBLUSDT+0.0100%4h0.02659+0.268%$1.9M$2.3M50xas long as short
Bybit STBLUSDT+0.0100%4h0.02657+0.185%$1.5M$669K20xas long as short
Gate STBL_USDT+0.0100%4h0.02662+0.373%$1.2M$110K50xas long as short
MEXC STBL_USDT+0.0100%4h0.02658+0.222%$368K$149K100xas long as short
BingX STBL-USDT+0.0100%4h0.02652−0.004%$6.6Mas long as short
Variational Omni STBLshort+0.0100%4h0.02659+0.263%$970$276
SunX STBL-USDT+0.0100%4h0.02650−0.079%$2K$1.2M20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin STBLUSDTM+0.0254%4h0.02653+0.034%$1.1M$240K20xas long as short