Funding you earn now, next payment 08:00 UTC−0.0330%/8h= −36.1% APRnext payment −$1.65 per $10,000 · paid last 24h −0.194%
Price spread now: BloFin against Bybit+0.337%7-day average +0.089% · you sell dearer than you buy
Net, funding: paid 7d − costs−$576as in the Funding arb table
Net, price: spread back to 7d avg − costs−$515as in the Price arb table
costs, in and out, $10k−$5405.396% of the position
Funding, last 7 days−0.366%−$37 on $10k
+Price spread, last 4 days (all we have)−0.351%−$35 · spread now +0.337%, 7d avg +0.089%
=The price spread pays, funding is against you. BloFin is 0.248% dearer against Bybit than usual: you sell high and buy low (spread +0.337% now, against its 7-day average of +0.089%): +$25 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 2.5 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit STBLUSDT | 0.02672 | 0.0488 | pay 0.0244% / 4h | 1h 02m | $1.5M | $651K | 20x |
| Short | BloFin STBL-USDT | 0.02681 | 0.0158 | get 0.0079% / 4h | 1h 02m | $126K | $19K | 50x |
Bybit STBLUSDT
BloFin STBL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bybit. 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
- −$69.25
- Price spread: +0.337% → +0.089%
- $24.75
- Slippage, 4 orders
- −$516.63
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$584.13
- Costs to cover
- 5.396%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 min ago; BloFin: live order book, 4 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 Bybit live order book, 4 min ago | 9.33 bp | 309.5 bp −$309 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 4 min ago | 3.73 bp | 48.3 bp −$48 | 143.8 bp −$1,438 | 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 | 0.02668 | −0.150% | $80K | $2K | 3x | as long as short |
| Aster STBLUSDT | +0.0100% | 4h | 0.02666 | −0.225% | $89K | $5K | 5x | as long as short |
| Binance STBLUSDT | +0.0100% | 4h | 0.02673 | +0.036% | $2.0M | $2.1M | 50x | as long as short |
| MEXC STBL_USDT | +0.0100% | 4h | 0.02674 | +0.075% | $368K | $146K | 100x | as long as short |
| KuCoin STBLUSDTM | +0.0100% | 4h | 0.02673 | +0.037% | $1.1M | $243K | 20x | as long as short |
| Variational Omni STBL | +0.0100% | 4h | 0.02677 | +0.170% | $975 | $274 | — | as long as short |
| SunX STBL-USDT | +0.0100% | 4h | 0.02671 | −0.037% | $2K | $1.1M | 20x | as long as short |
| BloFin STBL-USDTshort | +0.0158% | 4h | 0.02681 | +0.337% | $126K | $19K | 50x | |
| Hyperliquid STBL | +0.0255% | 1h | 0.02670 | −0.067% | $2.0M | $248K | 3x | as long as short |
| BingX STBL-USDT | +0.0484% | 4h | 0.02674 | +0.075% | — | $6.6M | — | as long as short |
Lighter STBL
Aster STBLUSDT
Binance STBLUSDT
MEXC STBL_USDT
KuCoin STBLUSDTM
Variational Omni STBL
SunX STBL-USDT
Hyperliquid STBL
BingX STBL-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit STBLUSDTlong | +0.0488% | 4h | 0.02672 | long leg | $1.5M | $651K | 20x | |
| Gate STBL_USDT | +0.1070% | 4h | 0.02685 | +0.487% | $1.2M | $97K | 50x | as long as short |
Gate STBL_USDT