Funding you earn now, next payment 04:00 UTC+0.0450%/8h= +49.3% APRnext payment +$2.25 per $10,000 · paid last 24h +0.006%
Price spread now: Gate against Bybit+0.225%7-day average +0.273% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,069as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,088as in the Price arb table
costs, in and out, $10k−$1,08310.828% of the position
Funding, last 7 days+0.135%+$13 on $10k
+Price spread, last 7 days+0.014%+$1 · spread now +0.225%, 7d avg +0.273%
=Funding pays, the price is against you. Gate is 0.049% cheaper against Bybit than usual: you would sell low and buy high (spread +0.225% now, against its 7-day average of +0.273%). If the spread goes back, that is −$5 on $10k: about 9 hours of funding at the current rate (+$14 a day). At the pace of the last 7 days (+0.135% in total) that is about 2.5 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.135% in total (about 7.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.25 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit STBLUSDT | 0.02672 | 0.0100 | pay 0.0050% / 4h | 3h 59m | $1.5M | $664K | 20x |
| Short | Gate STBL_USDT | 0.02678 | 0.0550 | get 0.0275% / 4h | 3h 59m | $1.2M | $111K | 50x |
Bybit STBLUSDT
Gate STBL_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $94.5
- Price spread: +0.225% → +0.273%
- −$4.86
- Slippage, 4 orders
- −$1,056.83
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$993.19
- Costs to cover
- 10.828%
- Break-even
- 80.6 days
Slippage from Bybit: live order book, 7 min ago; Gate: live order book, 3 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, 7 min ago | 5.66 bp | 123.6 bp −$124 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 3 min ago | 13.12 bp | 564.4 bp −$564 | 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 | 0.02660 | −0.449% | $80K | $2K | 3x | as long as short |
| Aster STBLUSDT | +0.0100% | 4h | 0.02662 | −0.379% | $89K | $6K | 5x | as long as short |
| Binance STBLUSDT | +0.0100% | 4h | 0.02673 | +0.055% | $1.9M | $2.2M | 50x | as long as short |
| Bybit STBLUSDTlong | +0.0100% | 4h | 0.02672 | long leg | $1.5M | $664K | 20x | |
| MEXC STBL_USDT | +0.0100% | 4h | 0.02673 | +0.037% | $374K | $147K | 100x | as long as short |
| BingX STBL-USDT | +0.0100% | 4h | 0.02675 | +0.112% | — | $6.6M | — | as long as short |
| Variational Omni STBL | +0.0100% | 4h | 0.02663 | −0.350% | $972 | $282 | — | as long as short |
| SunX STBL-USDT | +0.0100% | 4h | 0.02668 | −0.150% | $2K | $1.1M | 20x | as long as short |
| Hyperliquid STBL | +0.0110% | 1h | 0.02668 | −0.157% | $2.0M | $281K | 3x | as long as short |
| BloFin STBL-USDT | +0.0126% | 4h | 0.02664 | −0.299% | $126K | $22K | 50x | as long as short |
Lighter STBL
Aster STBLUSDT
Binance STBLUSDT
MEXC STBL_USDT
BingX STBL-USDT
Variational Omni STBL
SunX STBL-USDT
Hyperliquid STBL
BloFin STBL-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin STBLUSDTM | +0.0534% | 4h | 0.02670 | −0.075% | $1.1M | $234K | 20x | as long as short |
| Gate STBL_USDTshort | +0.0550% | 4h | 0.02678 | +0.225% | $1.2M | $111K | 50x |
KuCoin STBLUSDTM