Funding you earn now, next payment 04:00 UTC+0.0580%/8h= +63.5% APRnext payment +$2.90 per $10,000 · paid last 24h +0.159%
Price spread now: BingX against MEXC+0.113%7-day average +0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$178as in the Funding arb table
Net, price: spread back to 7d avg − costs−$198as in the Price arb table
costs, in and out, $10k−$2092.092% of the position
Funding, last 7 days+0.317%+$32 on $10k
+Price spread, last 4 days (all we have)−0.075%−$7 · spread now +0.113%, 7d avg +0.005%
=Both sides work for this trade now. Funding pays +$17 a day on $10k at the current rate, and BingX is 0.108% dearer against MEXC than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.005%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.317% in total (about 16.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.90 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 | MEXC STBL_USDT | 0.02663 | 0.0100 | pay 0.0050% / 4h | 1h 06m | $364K | $150K | 100x |
| Short | BingX STBL-USDT | 0.02666 | 0.0680 | get 0.0340% / 4h | 1h 06m | — | $6.6M | — |
MEXC STBL_USDT
BingX STBL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against MEXC. 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
- $121.8
- Price spread: +0.113% → +0.005%
- $10.81
- Slippage, 4 orders
- −$195.23
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$76.62
- Costs to cover
- 2.092%
- Break-even
- 11.4 days
Slippage from MEXC: live order book, 39 min ago; BingX: live order book, 11 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 MEXC live order book, 39 min ago | 1.89 bp | 35.7 bp −$36 | 114.9 bp −$1,149 | 230.2 bp −$23.0K | doesn't fit |
| Sell BingX live order book, 11 min ago | 28.11 bp | 70.1 bp −$70 | 158.7 bp −$1,587 | 1089.4 bp −$108.9K | 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 | 0.02655 | −0.300% | $80K | $2K | 3x | as long as short |
| Hyperliquid STBL | +0.0100% | 1h | 0.02662 | −0.053% | $2.0M | $268K | 3x | as long as short |
| Aster STBLUSDT | +0.0100% | 4h | 0.02660 | −0.113% | $89K | $5K | 5x | as long as short |
| Binance STBLUSDT | +0.0100% | 4h | 0.02665 | +0.089% | $1.9M | $2.1M | 50x | as long as short |
| Gate STBL_USDT | +0.0100% | 4h | 0.02675 | +0.451% | $1.2M | $96K | 50x | as long as short |
| MEXC STBL_USDTlong | +0.0100% | 4h | 0.02663 | long leg | $364K | $150K | 100x | |
| KuCoin STBLUSDTM | +0.0100% | 4h | 0.02658 | −0.188% | $1.1M | $230K | 20x | as long as short |
| Variational Omni STBL | +0.0100% | 4h | 0.02664 | +0.037% | $974 | $276 | — | as long as short |
| SunX STBL-USDT | +0.0100% | 4h | 0.02658 | −0.188% | $2K | $1.1M | 20x | as long as short |
| BloFin STBL-USDT | +0.0143% | 4h | 0.02668 | +0.188% | $127K | $22K | 50x | as long as short |
Lighter STBL
Hyperliquid STBL
Aster STBLUSDT
Binance STBLUSDT
Gate STBL_USDT
KuCoin STBLUSDTM
Variational Omni STBL
SunX STBL-USDT
BloFin STBL-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit STBLUSDT | +0.0656% | 4h | 0.02662 | −0.038% | $1.5M | $662K | 20x | as long as short |
| BingX STBL-USDTshort | +0.0680% | 4h | 0.02666 | +0.113% | — | $6.6M | — |
Bybit STBLUSDT