Funding you earn now, next payment 00:00 UTC+0.0145%/8h= +15.8% APRnext payment +$0.72 per $10,000 · paid last 24h +0.166%
Price spread now: Bybit against BloFin−0.076%7-day average −0.097% · you buy dearer than you sell
Net, funding: paid 7d − costs−$276as in the Funding arb table
Net, price: spread back to 7d avg − costs−$308as in the Price arb table
costs, in and out, $10k−$3103.101% of the position
Funding, last 7 days+0.338%+$34 on $10k
+Price spread, last 3 days (all we have)+0.245%+$24 · spread now −0.076%, 7d avg −0.097%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Bybit is 0.021% dearer against BloFin than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.097%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin STBL-USDT | 0.02632 | 0.0102 | pay 0.0051% / 4h | 2h 10m | $127K | $22K | 50x |
| Short | Bybit STBLUSDT | 0.02630 | 0.0247 | get 0.0123% / 4h | 2h 10m | $1.5M | $687K | 20x |
BloFin STBL-USDT
Bybit STBLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against BloFin. 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
- $30.38
- Price spread: −0.076% → −0.097%
- $2.06
- Slippage, 4 orders
- −$287.11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$277.68
- Costs to cover
- 3.101%
- Break-even
- 71.0 days
Slippage from BloFin: live order book, 2 min ago; Bybit: live order book, 6 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, 2 min ago | 7.60 bp | 38.5 bp −$39 | 210.9 bp −$2,109 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 6 min ago | 5.69 bp | 105.5 bp −$106 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter STBL | +0.0096% | 1h | 0.02623 | −0.342% | $79K | $2K | 3x | as long as short |
| Hyperliquid STBL | +0.0100% | 1h | 0.02629 | −0.103% | $1.9M | $286K | 3x | as long as short |
| Binance STBLUSDT | +0.0100% | 4h | 0.02633 | +0.027% | $1.9M | $2.2M | 50x | as long as short |
| MEXC STBL_USDT | +0.0100% | 4h | 0.02633 | +0.038% | $365K | $150K | 100x | as long as short |
| KuCoin STBLUSDTM | +0.0100% | 4h | 0.02624 | −0.304% | $1.1M | $229K | 20x | as long as short |
| Variational Omni STBL | +0.0100% | 4h | 0.02636 | +0.147% | $964 | $282 | — | as long as short |
| SunX STBL-USDT | +0.0100% | 4h | 0.02628 | −0.152% | $2K | $1.1M | 20x | as long as short |
| BloFin STBL-USDTlong | +0.0102% | 4h | 0.02632 | long leg | $127K | $22K | 50x | |
| Bybit STBLUSDTshort | +0.0247% | 4h | 0.02630 | −0.076% | $1.5M | $687K | 20x | |
| BingX STBL-USDT | +0.0310% | 4h | 0.02633 | +0.038% | — | $6.6M | — | as long as short |
Lighter STBL
Hyperliquid STBL
Binance STBLUSDT
MEXC STBL_USDT
KuCoin STBLUSDTM
Variational Omni STBL
SunX STBL-USDT
BingX STBL-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate STBL_USDT | +0.0800% | 4h | 0.02635 | +0.114% | $1.2M | $118K | 50x | as long as short |
| Aster STBLUSDT | +0.0963% | 4h | 0.02625 | −0.263% | $88K | $6K | 5x | as long as short |
Gate STBL_USDT
Aster STBLUSDT