Settings8H · net · $10k
Funding arb · Price arb /

STBL

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0358%/8h= −39.2% APRnext payment $1.79 per $10,000 · paid last 24h +0.168%
Price spread now: Aster against KuCoin−0.465%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.117%+$12 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Aster is 0.465% cheaper against KuCoin than usual: you would sell low and buy high (−$46 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.117%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.117% in total (about 6.1% a year). A funding rate is set anew for every payment; at this rate the next one is about $1.79 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin STBLUSDTM0.026750.0458pay 0.0229% / 4h3h 33m$1.1M$233K20x
ShortAster STBLUSDT0.026630.0100get 0.0050% / 4h3h 33m$89K$6K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against KuCoin. 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

Funding earned
−$75.18
Price spread: −0.465% → 0.000%
−$46.46
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$141.64
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: KuCoin: live order book, 1 min ago; Aster: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 1 min ago14.95 bp213.8 bp −$214doesn't fitdoesn't fitdoesn't fit
Sell Aster no order-book sample
Aster: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

STBL on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin STBL-USDT+0.0089%4h0.02671−0.150%$128K$22K50xas long as short
Lighter STBL+0.0096%1h0.02661−0.523%$80K$2K3xas long as short
Hyperliquid STBL+0.0100%1h0.02666−0.336%$2.0M$284K3xas long as short
Aster STBLUSDTshort+0.0100%4h0.02663−0.465%$89K$6K5x
Binance STBLUSDT+0.0100%4h0.02672−0.112%$1.9M$2.2M50xas long as short
Bybit STBLUSDT+0.0100%4h0.02671−0.150%$1.5M$665K20xas long as short
Gate STBL_USDT+0.0100%4h0.02678+0.112%$1.2M$112K50xas long as short
MEXC STBL_USDT+0.0100%4h0.02673−0.075%$374K$149K100xas long as short
BingX STBL-USDT+0.0100%4h0.02673−0.075%$6.6Mas long as short
Variational Omni STBL+0.0100%4h0.02671−0.146%$976$282as long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX STBL-USDT+0.0100%4h0.02665−0.374%$2K$1.2M20xas long as short
KuCoin STBLUSDTMlong+0.0458%4h0.02675long leg$1.1M$233K20x