STABLE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0018%/8h= −2.0% APRnext payment −$0.09 per $10,000 · paid last 24h +0.003%

Price spread now: Bitget against BloFin0.000%55s7-day average +0.022% · 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—prices read too far apart to compare

costs, in and out, $10k−$1791.789% of the position

Long on BloFin Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.011%+$1 on $10k

Price spread, last 3 days (all we have)−0.060%−$6 · spread now 0.000%, 7d avg +0.022%

Together, before fees−0.049%−$5 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bitget is 0.022% cheaper against BloFin than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.022%). Swap the legs. The two prices were read 55 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	BloFin STABLE-USDT	0.02477	0.0118	pay 0.0059% / 4h	2h 24m	$114K	$8K	75x
Short	Bitget STABLEUSDT	0.02477	0.0100	get 0.0050% / 4h	2h 24m	$292K	$116K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against BloFin. 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

Position, each leg$Hold fordaysFee BloFinbpFee BitgetbpOrdersPrice spread, now 0.000%Rate

Funding earned: −$3.86
Price spread: 0.000% → +0.022%: −$2.22
Slippage, 4 orders: −$154.93
Fee BloFin: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$185.01
Costs to cover: 1.789%
Break-even: never at this rate

Slippage from BloFin: live order book, 55 min ago; Bitget: live order book, 59 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 BloFin live order book, 55 min ago	2.02 bp	22.7 bp −$23	63.5 bp −$635	doesn't fit	doesn't fit
Sell Bitget live order book, 59 min ago	2.02 bp	57.7 bp −$58	209.5 bp −$2,095	doesn't fit	doesn't fit

STABLE on 15 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
Aster STABLEUSDT	−0.0276%	4h	0.02477	−0.010%	$19K	$7K	20x	as long as short
Lighter STABLE	+0.0096%	1h	0.02490	+0.537%	$114K	$3K	3x	as long as short
Hyperliquid STABLE	+0.0100%	1h	0.02476	−0.048%	$873K	$235K	3x	as long as short
Binance STABLEUSDT	+0.0100%	4h	0.02475	−0.068%	$2.4M	$2.7M	75x	as long as short
Bybit STABLEUSDT	+0.0100%	4h	0.02477	+0.008%	$1.5M	$818K	25x	as long as short
OKX STABLE-USDT-SWAP	+0.0100%	4h	0.02476	−0.040%	$204K	$418K	20x	as long as short
Gate STABLE_USDT	+0.0100%	4h	0.02474	−0.121%	$171K	$87K	50x	as long as short
MEXC STABLE_USDT	+0.0100%	4h	0.02475	−0.081%	$660K	$158K	20x	as long as short
KuCoin STABLEUSDTM	+0.0100%	4h	0.02480	+0.121%	$175K	$27K	30x	as long as short
Bitget STABLEUSDTshort	+0.0100%	4h	0.02477	0.000%	$292K	$116K	25x

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX STABLE-USDT	+0.0100%	4h	0.02476	−0.040%	—	$6.6M	—	as long as short
Variational Omni STABLE	+0.0100%	4h	0.02478	+0.037%	$145K	$51K	—	as long as short
SunX STABLE-USDT	+0.0100%	4h	0.02478	+0.028%	$2K	$646K	20x	as long as short
Extended STABLE-USD	+0.0104%	1h	0.02476	−0.053%	$12K	$175K	10x	as long as short
BloFin STABLE-USDTlong	+0.0118%	4h	0.02477	long leg	$114K	$8K	75x