STBL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0496%/8h= +54.3% APRnext payment +$2.48 per $10,000 · paid last 24h +0.059%

Price spread now: BingX against KuCoin+0.340%7-day average +0.027% · you sell dearer than you buy

Net, funding: paid 7d − costs−$574as in the Funding arb table

Net, price: spread back to 7d avg − costs−$532as in the Price arb table

costs, in and out, $10k−$5635.630% of the position

Long on KuCoin Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.106%−$11 on $10k

Price spread, last 7 days−0.171%−$17 · spread now +0.340%, 7d avg +0.027%

Together, before fees−0.277%−$28 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and BingX is 0.312% dearer against KuCoin than usual: you sell high and buy low: +$31 more if the spread goes back to its 7-day average of +0.027%. Mind the row above: over the last 7 days funding on this pair cost −0.106%, so the current rate has only just turned in your favour.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.106% in total (about -5.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.48 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	KuCoin STBLUSDTM	0.02648	0.0100	pay 0.0050% / 4h	1h 28m	$1.1M	$236K	20x
Short	BingX STBL-USDT	0.02657	0.0596	get 0.0298% / 4h	1h 28m	—	$6.6M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against KuCoin. 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 KuCoinbpFee BingXbpOrdersPrice spread, now +0.340%Rate

Funding earned: $104.16
Price spread: +0.340% → +0.027%: $31.24
Slippage, 4 orders: −$540.98
Fee KuCoin: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: −$427.58
Costs to cover: 5.630%
Break-even: 35.7 days

Slippage from KuCoin: live order book, 6 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 KuCoin live order book, 6 min ago	16.97 bp	216.0 bp −$216	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 3 min ago	26.34 bp	75.8 bp −$76	184.5 bp −$1,845	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	+0.0070%	4h	0.02658	+0.378%	$125K	$21K	50x	as long as short
Lighter STBL	+0.0096%	1h	0.02645	−0.113%	$79K	$2K	3x	as long as short
Aster STBLUSDT	+0.0100%	4h	0.02652	+0.152%	$89K	$5K	5x	as long as short
Binance STBLUSDT	+0.0100%	4h	0.02658	+0.378%	$1.9M	$2.0M	50x	as long as short
MEXC STBL_USDT	+0.0100%	4h	0.02658	+0.378%	$363K	$144K	100x	as long as short
KuCoin STBLUSDTMlong	+0.0100%	4h	0.02648	long leg	$1.1M	$236K	20x
Variational Omni STBL	+0.0100%	4h	0.02656	+0.303%	$970	$274	—	as long as short
SunX STBL-USDT	+0.0100%	4h	0.02654	+0.227%	$2K	$1.1M	20x	as long as short
Hyperliquid STBL	+0.0256%	1h	0.02653	+0.196%	$1.9M	$247K	3x	as long as short
BingX STBL-USDTshort	+0.0596%	4h	0.02657	+0.340%	—	$6.6M	—

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit STBLUSDT	+0.0656%	4h	0.02656	+0.302%	$1.5M	$648K	20x	as long as short
Gate STBL_USDT	+0.1112%	4h	0.02666	+0.680%	$1.2M	$96K	50x	as long as short