Funding you earn now, next payment 02:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against Binance−0.026%7-day average −0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$123as in the Funding arb table
Net, price: spread back to 7d avg − costs−$124as in the Price arb table
costs, in and out, $10k−$1231.231% of the position
Funding, last 7 days−0.002%$0 on $10k
+Price spread, last 4 days (all we have)−0.010%−$1 · spread now −0.026%, 7d avg −0.020%
=Together, before fees−0.012%+ Points / potential airdropExtended: Active · farm board−$1 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance STABLEUSDT | 0.02493 | 0.0100 | pay 0.0050% / 4h | 2h 22m | $2.5M | $2.9M | 75x |
| Short | Extended STABLE-USD | 0.02492 | 0.0104 | get 0.0013% / 1h | 22m 43s | $12K | $146K | 10x |
Binance STABLEUSDT
Extended STABLE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Binance. 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
- $0.84
- Price spread: −0.026% → −0.020%
- −$0.59
- Slippage, 4 orders
- −$108.08
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$122.83
- Costs to cover
- 1.231%
- Break-even
- 1030.6 days
Slippage from Binance: live order book, 13 min ago; Extended: live order book, 43 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 Binance live order book, 13 min ago | 2.01 bp | 31.2 bp −$31 | 109.4 bp −$1,094 | doesn't fit | doesn't fit |
| Sell Extended live order book, 43 min ago | 3.60 bp | 32.6 bp −$33 | 315.5 bp −$3,155 | doesn't fit | doesn't fit |
STABLE on 14 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 STABLE | +0.0096% | 1h | 0.02505 | +0.485% | $115K | $8K | 3x | as long as short |
| Hyperliquid STABLE | +0.0100% | 1h | 0.02493 | +0.012% | $879K | $201K | 3x | as long as short |
| Aster STABLEUSDT | +0.0100% | 4h | 0.02491 | −0.067% | $19K | $7K | 20x | as long as short |
| Binance STABLEUSDTlong | +0.0100% | 4h | 0.02493 | long leg | $2.5M | $2.9M | 75x | |
| Bybit STABLEUSDT | +0.0100% | 4h | 0.02496 | +0.124% | $1.5M | $775K | 25x | as long as short |
| OKX STABLE-USDT-SWAP | +0.0100% | 4h | 0.02493 | 0.000% | $201K | $415K | 20x | as long as short |
| Gate STABLE_USDT | +0.0100% | 4h | 0.02493 | 0.000% | $174K | $70K | 50x | as long as short |
| MEXC STABLE_USDT | +0.0100% | 4h | 0.02491 | −0.080% | $610K | $175K | 20x | as long as short |
| KuCoin STABLEUSDTM | +0.0100% | 4h | 0.02499 | +0.241% | $185K | $30K | 30x | as long as short |
| Bitget STABLEUSDT | +0.0100% | 4h | 0.02494 | +0.040% | $292K | $96K | 25x | as long as short |
Lighter STABLE
Hyperliquid STABLE
Aster STABLEUSDT
Bybit STABLEUSDT
OKX STABLE-USDT-SWAP
Gate STABLE_USDT
MEXC STABLE_USDT
KuCoin STABLEUSDTM
Bitget STABLEUSDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX STABLE-USDT | +0.0100% | 4h | 0.02494 | +0.040% | — | $6.5M | — | as long as short |
| Variational Omni STABLE | +0.0100% | 4h | 0.02498 | +0.204% | $146K | $50K | — | as long as short |
| SunX STABLE-USDT | +0.0100% | 4h | 0.02492 | −0.048% | $1K | $815K | 20x | as long as short |
| Extended STABLE-USDshort | +0.0104% | 1h | 0.02492 | −0.026% | $12K | $146K | 10x |
BingX STABLE-USDT
Variational Omni STABLE
SunX STABLE-USDT