STABLE

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0057%/8h= −6.2% APRnext payment −$0.29 per $10,000 · paid last 24h +0.001%

Price spread now: Gate against BloFin0.000%63s7-day average +0.001% · you sell dearer than you buy

Net, funding: paid 7d − costs−$282as 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−$3053.055% of the position

Long on BloFin Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.234%+$23 on $10k

Price spread, last 4 days (all we have)−0.199%−$20 · spread now 0.000%, 7d avg +0.001%

Together, before fees+0.035%+$4 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.001%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.234%, so the current rate has only just turned against you. The two prices were read 63 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	0.02482	0.0157	pay 0.0079% / 4h	1h 36m	$118K	$7K	75x
Short	Gate STABLE_USDT	0.02482	0.0100	get 0.0050% / 4h	1h 36m	$173K	$56K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now 0.000%Rate

Funding earned: −$11.98
Price spread: 0.000% → +0.001%: −$0.11
Slippage, 4 orders: −$278.5
Fee BloFin: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$317.59
Costs to cover: 3.055%
Break-even: never at this rate

Slippage from BloFin: live order book, 74 min ago; Gate: live order book, 20 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, 74 min ago	2.01 bp	19.9 bp −$20	74.1 bp −$741	doesn't fit	doesn't fit
Sell Gate live order book, 20 min ago	4.02 bp	161.4 bp −$161	doesn't fit	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
Lighter STABLE	+0.0096%	1h	0.02495	+0.528%	$115K	$6K	3x	as long as short
Hyperliquid STABLE	+0.0100%	1h	0.02482	0.000%	$874K	$177K	3x	as long as short
Aster STABLEUSDT	+0.0100%	4h	0.02480	−0.095%	$19K	$8K	20x	as long as short
Binance STABLEUSDT	+0.0100%	4h	0.02482	+0.003%	$2.6M	$2.8M	75x	as long as short
Bybit STABLEUSDT	+0.0100%	4h	0.02485	+0.121%	$1.5M	$734K	25x	as long as short
OKX STABLE-USDT-SWAP	+0.0100%	4h	0.02481	−0.040%	$199K	$385K	20x	as long as short
Gate STABLE_USDTshort	+0.0100%	4h	0.02482	0.000%	$173K	$56K	50x
MEXC STABLE_USDT	+0.0100%	4h	0.02481	−0.040%	$616K	$167K	20x	as long as short
KuCoin STABLEUSDTM	+0.0100%	4h	0.02490	+0.322%	$184K	$29K	30x	as long as short
Bitget STABLEUSDT	+0.0100%	4h	0.02481	−0.040%	$286K	$99K	25x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX STABLE-USDT	+0.0100%	4h	0.02481	−0.040%	—	$6.5M	—	as long as short
Variational Omni STABLE	+0.0100%	4h	0.02485	+0.101%	$145K	$50K	—	as long as short
SunX STABLE-USDT	+0.0100%	4h	0.02480	−0.064%	$2K	$824K	20x	as long as short
Extended STABLE-USD	+0.0104%	1h	0.02480	−0.085%	$14K	$143K	10x	as long as short
BloFin STABLE-USDTlong	+0.0157%	4h	0.02482	long leg	$118K	$7K	75x