Funding you earn now, next payment 00:00 UTC+0.0260%/8h= +28.5% APRnext payment +$1.30 per $10,000 · paid last 24h +0.122%
Price spread now: KuCoin against Binance+0.112%7-day average −0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$476as in the Funding arb table
Net, price: spread back to 7d avg − costs−$504as in the Price arb table
costs, in and out, $10k−$5205.199% of the position
Funding, last 7 days+0.437%+$44 on $10k
+Price spread, last 7 days−0.160%−$16 · spread now +0.112%, 7d avg −0.042%
=Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and KuCoin is 0.154% dearer against Binance than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of −0.042%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance STBLUSDT | 0.02651 | 0.0100 | pay 0.0050% / 4h | 19m 26s | $1.9M | $2.2M | 50x |
| Short | KuCoin STBLUSDTM | 0.02654 | 0.0360 | get 0.0180% / 4h | 19m 26s | $1.1M | $233K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $54.6
- Price spread: +0.112% → −0.042%
- $15.45
- Slippage, 4 orders
- −$497.86
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$449.81
- Costs to cover
- 5.199%
- Break-even
- 64.7 days
Slippage from Binance: live order book, 15 min ago; KuCoin: live order book, 5 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 Binance live order book, 15 min ago | 1.88 bp | 58.9 bp −$59 | 406.4 bp −$4,064 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 11.30 bp | 198.4 bp −$198 | doesn't fit | doesn't fit | doesn't fit |
STBL on 12 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 STBL-USDT | +0.0070% | 4h | 0.02653 | +0.074% | $127K | $21K | 50x | as long as short |
| Lighter STBL | +0.0096% | 1h | 0.02643 | −0.303% | $79K | $2K | 3x | as long as short |
| Hyperliquid STBL | +0.0100% | 1h | 0.02646 | −0.190% | $1.9M | $280K | 3x | as long as short |
| Aster STBLUSDT | +0.0100% | 4h | 0.02645 | −0.240% | $89K | $6K | 5x | as long as short |
| Binance STBLUSDTlong | +0.0100% | 4h | 0.02651 | long leg | $1.9M | $2.2M | 50x | |
| Bybit STBLUSDT | +0.0100% | 4h | 0.02650 | −0.039% | $1.5M | $665K | 20x | as long as short |
| MEXC STBL_USDT | +0.0100% | 4h | 0.02651 | −0.001% | $372K | $149K | 100x | as long as short |
| BingX STBL-USDT | +0.0100% | 4h | 0.02651 | −0.001% | — | $6.6M | — | as long as short |
| Variational Omni STBL | +0.0100% | 4h | 0.02652 | +0.023% | $969 | $282 | — | as long as short |
| SunX STBL-USDT | +0.0100% | 4h | 0.02646 | −0.190% | $2K | $1.1M | 20x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate STBL_USDT | +0.0342% | 4h | 0.02658 | +0.263% | $1.2M | $116K | 50x | as long as short |
| KuCoin STBLUSDTMshort | +0.0360% | 4h | 0.02654 | +0.112% | $1.1M | $233K | 20x |
Binance STBLUSDT
KuCoin STBLUSDTM
BloFin STBL-USDT
Lighter STBL
Hyperliquid STBL
Aster STBLUSDT
Bybit STBLUSDT
MEXC STBL_USDT
BingX STBL-USDT
Variational Omni STBL
SunX STBL-USDT
Gate STBL_USDT