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

STBL

all STBL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0667%/8h= −73.0% APRpaid last 24h −0.284%
Price spread now: Hyperliquid against Aster−0.021%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.410%−$41 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · Hyperliquid: Season 2 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$20 a day on $10k at the current rate, and Hyperliquid is 0.021% cheaper against Aster than usual: you would sell low and buy high (−$2 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.410% in total (about -21.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster STBLUSDT0.026390.1048pay 0.0524% / 4h2h 52m$88K$5K5x
ShortHyperliquid STBL0.026380.0381get 0.0048% / 1h52m 10s$1.9M$283K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against Aster. 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
−$140
Price spread: −0.021% → 0.000%
−$2.14
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$159.14
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Aster: no order-book sample; Hyperliquid: live order book, 9 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster no order-book sample
Sell Hyperliquid live order book, 9 min ago1.33 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Aster: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

STBL on 12 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
Lighter STBL+0.0096%1h0.02633−0.230%$79K$2K3xas long as short
Binance STBLUSDT+0.0100%4h0.02642+0.118%$1.9M$2.2M50xas long as short
MEXC STBL_USDT+0.0100%4h0.02643+0.149%$371K$147K100xas long as short
KuCoin STBLUSDTM+0.0100%4h0.02635−0.154%$1.1M$227K20xas long as short
BingX STBL-USDT+0.0100%4h0.02643+0.149%$6.6Mas long as short
Variational Omni STBL+0.0100%4h0.02634−0.173%$961$282as long as short
SunX STBL-USDT+0.0100%4h0.02637−0.078%$2K$1.1M20xas long as short
BloFin STBL-USDT+0.0144%4h0.02644+0.187%$128K$22K50xas long as short
Bybit STBLUSDT+0.0267%4h0.02640+0.035%$1.5M$687K20xas long as short
Hyperliquid STBLshort+0.0381%1h0.02638−0.021%$1.9M$283K3x
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster STBLUSDTlong+0.1048%4h0.02639long leg$88K$5K5x
Gate STBL_USDT+0.1234%4h0.02645+0.225%$1.2M$117K50xas long as short