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

STBL

all STBL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0016%/8h= +1.8% APRnext payment +$0.08 per $10,000 · paid last 24h +0.002%
Price spread now: BloFin against MEXC+0.075%94s7-day average +0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$149as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1491.489% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.004%$0 on $10k
Price spread, last 4 days (all we have)−0.251%−$25 · spread now +0.075%, 7d avg +0.025%
Together, before fees−0.255%−$25 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and BloFin is 0.050% dearer against MEXC than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.025%. The two prices were read 94 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC STBL_USDT0.026570.0100pay 0.0050% / 4h2h 01m$362K$148K100x
ShortBloFin STBL-USDT0.026590.0116get 0.0058% / 4h2h 01m$125K$21K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against MEXC. 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
$3.39
Price spread: +0.075% → +0.025%
$5.03
Slippage, 4 orders
−$132.95
Fee MEXC: 2 bp × 2 orders
−$4
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$140.52
Costs to cover
1.489%
Break-even
296.8 days
Slippage from MEXC: live order book, 29 min ago; BloFin: live order book, 10 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 29 min ago3.78 bp35.9 bp −$36120.5 bp −$1,205241.8 bp −$24.2Kdoesn't fit
Sell BloFin live order book, 10 min ago5.64 bp47.3 bp −$47150.7 bp −$1,507doesn't fitdoesn't fit

STBL on 12 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%1h0.02646−0.414%$79K$2K3xas long as short
Aster STBLUSDT+0.0100%4h0.02652−0.186%$89K$5K5xas long as short
Binance STBLUSDT+0.0100%4h0.026570.000%$1.9M$2.0M50xas long as short
MEXC STBL_USDTlong+0.0100%4h0.02657long leg$362K$148K100x
KuCoin STBLUSDTM+0.0100%4h0.02652−0.188%$1.1M$236K20xas long as short
Variational Omni STBL+0.0100%4h0.02658+0.039%$970$276as long as short
SunX STBL-USDT+0.0100%4h0.02653−0.151%$1K$1.1M20xas long as short
BloFin STBL-USDTshort+0.0116%4h0.02659+0.075%$125K$21K50x
Hyperliquid STBL+0.0172%1h0.02652−0.173%$1.9M$252K3xas long as short
Bybit STBLUSDT+0.0491%4h0.026570.000%$1.5M$650K20xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX STBL-USDT+0.0506%4h0.026570.000%$6.6Mas long as short
Gate STBL_USDT+0.0792%4h0.02670+0.489%$1.2M$96K50xas long as short