STBL

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0025%/8h= +2.8% APRnext payment +$0.13 per $10,000 · paid last 24h +0.180%

Price spread now: BingX against BloFin−0.113%81s7-day average −0.023% · you buy dearer than you sell

Net, funding: paid 7d − costs−$181as 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−$2162.162% of the position

Long on BloFin Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.352%+$35 on $10k

Price spread, last 4 days (all we have)+0.602%+$60 · spread now −0.113%, 7d avg −0.023%

Together, before fees+0.954%+$95 on $10k · with fees, hour by hour

Funding pays, the price is against you. BingX is 0.090% cheaper against BloFin than usual: you would sell low and buy high (spread −0.113% now, against its 7-day average of −0.023%). If the spread goes back, that is −$9 on $10k: about 12 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.352% in total) that is about 43 hours. The two prices were read 81 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	BloFin STBL-USDT	0.02666	0.0075	pay 0.0037% / 4h	2h 59m	$126K	$20K	50x
Short	BingX STBL-USDT	0.02663	0.0100	get 0.0050% / 4h	2h 59m	—	$6.6M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX 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 BingXbpOrdersPrice spread, now −0.113%Rate

Funding earned: $5.3
Price spread: −0.113% → −0.023%: −$8.98
Slippage, 4 orders: −$194.19
Fee BloFin: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: −$219.87
Costs to cover: 2.162%
Break-even: 297.5 days

Slippage from BloFin: live order book, 56 min ago; BingX: live order book, 2 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, 56 min ago	3.74 bp	38.6 bp −$39	220.5 bp −$2,205	doesn't fit	doesn't fit
Sell BingX live order book, 2 min ago	28.14 bp	51.9 bp −$52	133.9 bp −$1,339	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-USDTlong	+0.0075%	4h	0.02666	long leg	$126K	$20K	50x
Lighter STBL	+0.0096%	1h	0.02651	−0.563%	$80K	$1K	3x	as long as short
Aster STBLUSDT	+0.0100%	4h	0.02658	−0.312%	$89K	$5K	5x	as long as short
Binance STBLUSDT	+0.0100%	4h	0.02662	−0.150%	$2.0M	$1.6M	50x	as long as short
Bybit STBLUSDT	+0.0100%	4h	0.02663	−0.113%	$1.5M	$409K	20x	as long as short
MEXC STBL_USDT	+0.0100%	4h	0.02662	−0.150%	$353K	$144K	100x	as long as short
BingX STBL-USDTshort	+0.0100%	4h	0.02663	−0.113%	—	$6.6M	—
Variational Omni STBL	+0.0100%	4h	0.02664	−0.094%	$971	$273	—	as long as short
SunX STBL-USDT	+0.0100%	4h	0.02659	−0.263%	$2K	$960K	20x	as long as short
Hyperliquid STBL	+0.0224%	1h	0.02660	−0.218%	$1.9M	$204K	3x	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin STBLUSDTM	+0.0292%	4h	0.02664	−0.075%	$1.1M	$204K	20x	as long as short
Gate STBL_USDT	+0.0502%	4h	0.02669	+0.113%	$1.2M	$62K	50x	as long as short