Settings8H · net · $10k
Funding arb · Price arb /

STABLE

all STABLE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against MEXC−0.022%7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$78as in the Funding arb table
Net, price: spread back to 7d avg − costs−$79as in the Price arb table
costs, in and out, $10k−$780.778% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.002%$0 on $10k
Price spread, last 4 days (all we have)+0.027%+$3 · spread now −0.022%, 7d avg −0.007%
Together, before fees+0.029%+$3 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC STABLE_USDT0.024670.0100pay 0.0050% / 4h1h 25m$658K$156K20x
ShortBinance STABLEUSDT0.024660.0100get 0.0050% / 4h1h 25m$2.4M$2.7M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against MEXC. 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

Funding earned
$0
Price spread: −0.022% → −0.007%
−$1.46
Slippage, 4 orders
−$59.83
Fee MEXC: 4 bp × 2 orders
−$8
Fee Binance: 5 bp × 2 orders
−$10
Net
−$79.29
Costs to cover
0.778%
Break-even
never at this rate
Slippage from MEXC: live order book, 50 min ago; Binance: live order book, 10 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 50 min ago4.05 bp13.7 bp −$1449.7 bp −$497230.3 bp −$23.0K751.9 bp −$376.0K
Sell Binance live order book, 10 min ago2.03 bp22.4 bp −$2281.7 bp −$817doesn't fitdoesn't fit

STABLE on 15 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster STABLEUSDT−0.0182%4h0.02468+0.041%$19K$7K20xas long as short
Lighter STABLE+0.0096%1h0.02481+0.555%$114K$3K3xas long as short
Hyperliquid STABLE+0.0100%1h0.02468+0.024%$870K$227K3xas long as short
Binance STABLEUSDTshort+0.0100%4h0.02466−0.022%$2.4M$2.7M75x
Bybit STABLEUSDT+0.0100%4h0.02470+0.130%$1.5M$763K25xas long as short
OKX STABLE-USDT-SWAP+0.0100%4h0.02468+0.041%$203K$406K20xas long as short
Gate STABLE_USDT+0.0100%4h0.024670.000%$172K$87K50xas long as short
MEXC STABLE_USDTlong+0.0100%4h0.02467long leg$658K$156K20x
KuCoin STABLEUSDTM+0.0100%4h0.02476+0.365%$177K$27K30xas long as short
Bitget STABLEUSDT+0.0100%4h0.02468+0.041%$291K$116K25xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX STABLE-USDT+0.0100%4h0.02468+0.041%$6.6Mas long as short
Variational Omni STABLE+0.0100%4h0.02471+0.150%$145K$50Kas long as short
SunX STABLE-USDT+0.0100%4h0.02468+0.032%$2K$657K20xas long as short
Extended STABLE-USD+0.0104%1h0.02466−0.041%$12K$175K10xas long as short
BloFin STABLE-USDT+0.0124%4h0.02466−0.041%$113K$7K75xas long as short