Funding you earn now, next payment 12:00 UTC+0.0054%/8h= +5.9% APRnext payment +$0.27 per $10,000 · paid last 24h −0.085%
Price spread now: BloFin against KuCoin−0.336%7-day average +0.088% · you buy dearer than you sell
Net, funding: paid 7d − costs−$605as in the Funding arb table
Net, price: spread back to 7d avg − costs−$602as in the Price arb table
costs, in and out, $10k−$5595.593% of the position
Funding, last 7 days−0.458%−$46 on $10k
+Price spread, last 4 days (all we have)−0.340%−$34 · spread now −0.336%, 7d avg +0.088%
=Funding pays, the price is against you. BloFin is 0.424% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.336% now, against its 7-day average of +0.088%). If the spread goes back, that is −$42 on $10k: about 26 days of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −0.458%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin STBLUSDTM | 0.02679 | 0.0100 | pay 0.0050% / 4h | 3h 20m | $1.1M | $219K | 20x |
| Short | BloFin STBL-USDT | 0.02670 | 0.0154 | get 0.0077% / 4h | 3h 20m | $126K | $20K | 50x |
KuCoin STBLUSDTM
BloFin STBL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against KuCoin. 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
- $11.24
- Price spread: −0.336% → +0.088%
- −$42.39
- Slippage, 4 orders
- −$535.31
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$590.46
- Costs to cover
- 5.593%
- Break-even
- 374.6 days
Slippage from KuCoin: live order book, 4 min ago; BloFin: live order book, 35 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, 4 min ago | 24.39 bp | 242.1 bp −$242 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 35 min ago | 3.74 bp | 38.6 bp −$39 | 112.3 bp −$1,123 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter STBL | +0.0096% | 1h | 0.02671 | −0.299% | $80K | $1K | 3x | as long as short |
| Hyperliquid STBL | +0.0100% | 1h | 0.02676 | −0.116% | $2.0M | $197K | 3x | as long as short |
| Aster STBLUSDT | +0.0100% | 4h | 0.02675 | −0.148% | $89K | $5K | 5x | as long as short |
| Binance STBLUSDT | +0.0100% | 4h | 0.02680 | +0.037% | $2.0M | $1.7M | 50x | as long as short |
| Bybit STBLUSDT | +0.0100% | 4h | 0.02679 | 0.000% | $1.5M | $429K | 20x | as long as short |
| MEXC STBL_USDT | +0.0100% | 4h | 0.02681 | +0.075% | $361K | $141K | 100x | as long as short |
| KuCoin STBLUSDTMlong | +0.0100% | 4h | 0.02679 | long leg | $1.1M | $219K | 20x | |
| BingX STBL-USDT | +0.0100% | 4h | 0.02681 | +0.075% | — | $6.6M | — | as long as short |
| Variational Omni STBL | +0.0100% | 4h | 0.02682 | +0.116% | $978 | $273 | — | as long as short |
| SunX STBL-USDT | +0.0100% | 4h | 0.02676 | −0.112% | $1K | $970K | 20x | as long as short |
Lighter STBL
Hyperliquid STBL
Aster STBLUSDT
Binance STBLUSDT
Bybit STBLUSDT
MEXC STBL_USDT
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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin STBL-USDTshort | +0.0154% | 4h | 0.02670 | −0.336% | $126K | $20K | 50x | |
| Gate STBL_USDT | +0.0648% | 4h | 0.02687 | +0.299% | $1.2M | $62K | 50x | as long as short |
Gate STBL_USDT