STABLE

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0048%/8h= −5.3% APRnext payment −$0.24 per $10,000 · paid last 24h −0.001%

Price spread now: BloFin against Gate+0.040%63s7-day average 0.000% · you sell dearer than you buy

Net, funding: paid 7d − costs−$294as 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−$2712.711% of the position

Long on Gate Short on BloFin

What this pair did over the last

the charts below follow

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

Price spread, last 3 days (all we have)−0.056%−$6 · spread now +0.040%, 7d avg 0.000%

Together, before fees−0.290%−$29 on $10k · with fees, hour by hour

The price spread pays, funding is against you. BloFin is 0.039% dearer against Gate than usual: you sell high and buy low (spread +0.040% now, against its 7-day average of 0.000%): +$4 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 2.7 days. At the pace of the last 7 days (−0.234% in total) that is about 28 hours. 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	Gate STABLE_USDT	0.02507	0.0100	pay 0.0050% / 4h	3h 10m	$174K	$72K	50x
Short	BloFin STABLE-USDT	0.02508	0.0052	get 0.0026% / 4h	3h 10m	$117K	$8K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Gate. 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 GatebpFee BloFinbpOrdersPrice spread, now +0.040%Rate

Funding earned: −$10.13
Price spread: +0.040% → 0.000%: $3.95
Slippage, 4 orders: −$244.11
Fee Gate: 7.5 bp × 2 orders: −$15
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$277.29
Costs to cover: 2.711%
Break-even: never at this rate

Slippage from Gate: live order book, 56 min ago; BloFin: live order book, 45 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 Gate live order book, 56 min ago	5.95 bp	120.6 bp −$121	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 45 min ago	3.99 bp	17.7 bp −$18	51.3 bp −$513	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-USDTshort	+0.0052%	4h	0.02508	+0.040%	$117K	$8K	75x
Lighter STABLE	+0.0096%	1h	0.02520	+0.519%	$116K	$8K	3x	as long as short
Hyperliquid STABLE	+0.0100%	1h	0.02508	+0.028%	$884K	$211K	3x	as long as short
Aster STABLEUSDT	+0.0100%	4h	0.02508	+0.021%	$19K	$7K	20x	as long as short
Binance STABLEUSDT	+0.0100%	4h	0.02507	0.000%	$2.5M	$2.9M	75x	as long as short
Bybit STABLEUSDT	+0.0100%	4h	0.02509	+0.080%	$1.5M	$765K	25x	as long as short
OKX STABLE-USDT-SWAP	+0.0100%	4h	0.02507	0.000%	$203K	$428K	20x	as long as short
Gate STABLE_USDTlong	+0.0100%	4h	0.02507	long leg	$174K	$72K	50x
MEXC STABLE_USDT	+0.0100%	4h	0.02506	−0.040%	$622K	$172K	20x	as long as short
KuCoin STABLEUSDTM	+0.0100%	4h	0.02515	+0.319%	$186K	$30K	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	0.02506	−0.040%	$293K	$118K	25x	as long as short
BingX STABLE-USDT	+0.0100%	4h	0.02507	0.000%	—	$6.6M	—	as long as short
Variational Omni STABLE	+0.0100%	4h	0.02509	+0.083%	$147K	$50K	—	as long as short
SunX STABLE-USDT	+0.0100%	4h	0.02505	−0.068%	$2K	$790K	20x	as long as short
Extended STABLE-USD	+0.0104%	1h	0.02507	0.000%	$14K	$146K	10x	as long as short