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 − costs—prices read too far apart to compare
costs, in and out, $10k−$1491.489% of the position
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC STBL_USDT | 0.02657 | 0.0100 | pay 0.0050% / 4h | 2h 01m | $362K | $148K | 100x |
| Short | BloFin STBL-USDT | 0.02659 | 0.0116 | get 0.0058% / 4h | 2h 01m | $125K | $21K | 50x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy MEXC live order book, 29 min ago | 3.78 bp | 35.9 bp −$36 | 120.5 bp −$1,205 | 241.8 bp −$24.2K | doesn't fit |
| Sell BloFin live order book, 10 min ago | 5.64 bp | 47.3 bp −$47 | 150.7 bp −$1,507 | 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 | 0.02646 | −0.414% | $79K | $2K | 3x | as long as short |
| Aster STBLUSDT | +0.0100% | 4h | 0.02652 | −0.186% | $89K | $5K | 5x | as long as short |
| Binance STBLUSDT | +0.0100% | 4h | 0.02657 | 0.000% | $1.9M | $2.0M | 50x | as long as short |
| MEXC STBL_USDTlong | +0.0100% | 4h | 0.02657 | long leg | $362K | $148K | 100x | |
| KuCoin STBLUSDTM | +0.0100% | 4h | 0.02652 | −0.188% | $1.1M | $236K | 20x | as long as short |
| Variational Omni STBL | +0.0100% | 4h | 0.02658 | +0.039% | $970 | $276 | — | as long as short |
| SunX STBL-USDT | +0.0100% | 4h | 0.02653 | −0.151% | $1K | $1.1M | 20x | as long as short |
| BloFin STBL-USDTshort | +0.0116% | 4h | 0.02659 | +0.075% | $125K | $21K | 50x | |
| Hyperliquid STBL | +0.0172% | 1h | 0.02652 | −0.173% | $1.9M | $252K | 3x | as long as short |
| Bybit STBLUSDT | +0.0491% | 4h | 0.02657 | 0.000% | $1.5M | $650K | 20x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX STBL-USDT | +0.0506% | 4h | 0.02657 | 0.000% | — | $6.6M | — | as long as short |
| Gate STBL_USDT | +0.0792% | 4h | 0.02670 | +0.489% | $1.2M | $96K | 50x | as long as short |
MEXC STBL_USDT
BloFin STBL-USDT
Lighter STBL
Aster STBLUSDT
Binance STBLUSDT
KuCoin STBLUSDTM
Variational Omni STBL
SunX STBL-USDT
Hyperliquid STBL
Bybit STBLUSDT
BingX STBL-USDT
Gate STBL_USDT