Funding you earn now, next payment 08:00 UTC−0.1014%/8h= −111.0% APRnext payment −$5.07 per $10,000 · paid last 24h −0.151%
Price spread now: Binance against Gate−0.264%7-day average −0.212% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,022as in the Funding arb table
Net, price: spread back to 7d avg − costs−$977as in the Price arb table
costs, in and out, $10k−$9729.722% of the position
Funding, last 7 days−0.500%−$50 on $10k
+Price spread, last 7 days−0.011%−$1 · spread now −0.264%, 7d avg −0.212%
=Both sides work against this trade now: funding costs −$30 a day on $10k at the current rate, and Binance is 0.051% cheaper against Gate than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.212%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.500% in total (about -26.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$5.07 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 | Gate STBL_USDT | 0.02665 | 0.1114 | pay 0.0557% / 4h | 2h 17m | $1.2M | $96K | 50x |
| Short | Binance STBLUSDT | 0.02658 | 0.0100 | get 0.0050% / 4h | 2h 17m | $1.9M | $2.0M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. 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
- −$212.94
- Price spread: −0.264% → −0.212%
- −$5.15
- Slippage, 4 orders
- −$947.17
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$1,190.26
- Costs to cover
- 9.722%
- Break-even
- never at this rate
Slippage from Gate: live order book, 5 min ago; Binance: live order book, 17 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 Gate live order book, 5 min ago | 16.97 bp | 269.4 bp −$269 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 17 min ago | 3.77 bp | 53.7 bp −$54 | 244.3 bp −$2,443 | 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 | 0.02647 | −0.675% | $79K | $2K | 3x | as long as short |
| Hyperliquid STBL | +0.0100% | 1h | 0.02652 | −0.492% | $1.9M | $252K | 3x | as long as short |
| Aster STBLUSDT | +0.0100% | 4h | 0.02653 | −0.465% | $89K | $5K | 5x | as long as short |
| Binance STBLUSDTshort | +0.0100% | 4h | 0.02658 | −0.264% | $1.9M | $2.0M | 50x | |
| MEXC STBL_USDT | +0.0100% | 4h | 0.02658 | −0.263% | $363K | $147K | 100x | as long as short |
| KuCoin STBLUSDTM | +0.0100% | 4h | 0.02650 | −0.563% | $1.1M | $236K | 20x | as long as short |
| Variational Omni STBL | +0.0100% | 4h | 0.02647 | −0.674% | $966 | $276 | — | as long as short |
| SunX STBL-USDT | +0.0100% | 4h | 0.02653 | −0.450% | $1K | $1.1M | 20x | as long as short |
| BloFin STBL-USDT | +0.0103% | 4h | 0.02653 | −0.450% | $126K | $21K | 50x | as long as short |
| BingX STBL-USDT | +0.0232% | 4h | 0.02658 | −0.263% | — | $6.6M | — | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit STBLUSDT | +0.0284% | 4h | 0.02654 | −0.413% | $1.5M | $655K | 20x | as long as short |
| Gate STBL_USDTlong | +0.1114% | 4h | 0.02665 | long leg | $1.2M | $96K | 50x |
Gate STBL_USDT
Binance STBLUSDT
Lighter STBL
Hyperliquid STBL
Aster STBLUSDT
MEXC STBL_USDT
KuCoin STBLUSDTM
Variational Omni STBL
SunX STBL-USDT
BloFin STBL-USDT
BingX STBL-USDT
Bybit STBLUSDT