STABLE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0045%/8h= +5.0% APRnext payment +$0.23 per $10,000 · paid last 24h +0.002%

Price spread now: OKX against BloFin0.000%7-day average +0.058% · you sell dearer than you buy

Net, funding: paid 7d − costs−$121as in the Funding arb table

Net, price: spread back to 7d avg − costs−$113as in the Price arb table

costs, in and out, $10k−$1071.074% of the position

Long on BloFin Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.137%−$14 on $10k

Price spread, last 4 days (all we have)+0.060%+$6 · spread now 0.000%, 7d avg +0.058%

Together, before fees−0.077%−$8 on $10k · with fees, hour by hour

Funding pays, the price is against you. OKX is 0.058% cheaper against BloFin than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.058%). If the spread goes back, that is −$6 on $10k: about 4.3 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.137%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin STABLE-USDT	0.02435	0.0055	pay 0.0027% / 4h	2h 28m	$113K	$7K	75x
Short	OKX STABLE-USDT-SWAP	0.02435	0.0100	get 0.0050% / 4h	2h 28m	$210K	$426K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now 0.000%Rate

Funding earned: $9.52
Price spread: 0.000% → +0.058%: −$5.82
Slippage, 4 orders: −$85.4
Fee BloFin: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$103.7
Costs to cover: 1.074%
Break-even: 83.2 days

Slippage from BloFin: live order book, 50 min ago; OKX: live order book, 17 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, 50 min ago	6.14 bp	12.1 bp −$12	42.2 bp −$422	doesn't fit	doesn't fit
Sell OKX live order book, 17 min ago	4.10 bp	29.3 bp −$29	2096.7 bp −$21.0K	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
BloFin STABLE-USDTlong	+0.0055%	4h	0.02435	long leg	$113K	$7K	75x
Lighter STABLE	+0.0096%	1h	0.02448	+0.546%	$112K	$6K	3x	as long as short
Hyperliquid STABLE	+0.0100%	1h	0.02433	−0.078%	$854K	$180K	3x	as long as short
Aster STABLEUSDT	+0.0100%	4h	0.02436	+0.042%	$18K	$10K	20x	as long as short
Binance STABLEUSDT	+0.0100%	4h	0.02432	−0.142%	$2.4M	$2.8M	75x	as long as short
Bybit STABLEUSDT	+0.0100%	4h	0.02436	+0.025%	$1.5M	$778K	25x	as long as short
OKX STABLE-USDT-SWAPshort	+0.0100%	4h	0.02435	0.000%	$210K	$426K	20x
Gate STABLE_USDT	+0.0100%	4h	0.02433	−0.082%	$173K	$59K	50x	as long as short
MEXC STABLE_USDT	+0.0100%	4h	0.02432	−0.123%	$582K	$161K	20x	as long as short
KuCoin STABLEUSDTM	+0.0100%	4h	0.02439	+0.164%	$177K	$28K	30x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget STABLEUSDT	+0.0100%	4h	0.02435	0.000%	$281K	$93K	25x	as long as short
BingX STABLE-USDT	+0.0100%	4h	0.02435	0.000%	—	$6.6M	—	as long as short
Variational Omni STABLE	+0.0100%	4h	0.02436	+0.046%	$143K	$8K	—	as long as short
SunX STABLE-USDT	+0.0100%	4h	0.02432	−0.140%	$1K	$912K	20x	as long as short
Extended STABLE-USD	+0.0104%	1h	0.02431	−0.162%	$12K	$232K	10x	as long as short