Funding you earn now, next payment 04:00 UTC+0.0580%/8h= +63.5% APRnext payment +$2.90 per $10,000 · paid last 24h +0.020%
Price spread now: BingX against KuCoin+0.151%7-day average +0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$622as in the Funding arb table
Net, price: spread back to 7d avg − costs−$595as in the Price arb table
costs, in and out, $10k−$6086.079% of the position
Funding, last 7 days−0.140%−$14 on $10k
+Price spread, last 7 days+0.053%+$5 · spread now +0.151%, 7d avg +0.026%
=Both sides work for this trade now. Funding pays +$17 a day on $10k at the current rate, and BingX is 0.125% dearer against KuCoin than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.026%. Mind the row above: over the last 7 days funding on this pair cost −0.140%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.140% in total (about -7.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.90 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 | KuCoin STBLUSDTM | 0.02657 | 0.0100 | pay 0.0050% / 4h | 1h 05m | $1.1M | $230K | 20x |
| Short | BingX STBL-USDT | 0.02661 | 0.0680 | get 0.0340% / 4h | 1h 05m | — | $6.6M | — |
KuCoin STBLUSDTM
BingX STBL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against KuCoin. 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
- $121.8
- Price spread: +0.151% → +0.026%
- $12.48
- Slippage, 4 orders
- −$585.92
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$473.65
- Costs to cover
- 6.079%
- Break-even
- 34.2 days
Slippage from KuCoin: live order book, 9 min ago; BingX: live order book, 1 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 KuCoin live order book, 9 min ago | 22.51 bp | 235.3 bp −$235 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 1 min ago | 26.28 bp | 74.8 bp −$75 | 174.5 bp −$1,745 | 1165.5 bp −$116.5K | 1435.3 bp −$717.6K |
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 | 0.02654 | −0.113% | $80K | $2K | 3x | as long as short |
| Hyperliquid STBL | +0.0100% | 1h | 0.02661 | +0.169% | $2.0M | $268K | 3x | as long as short |
| Aster STBLUSDT | +0.0100% | 4h | 0.02660 | +0.113% | $89K | $5K | 5x | as long as short |
| Binance STBLUSDT | +0.0100% | 4h | 0.02661 | +0.159% | $1.9M | $2.1M | 50x | as long as short |
| Gate STBL_USDT | +0.0100% | 4h | 0.02671 | +0.527% | $1.2M | $96K | 50x | as long as short |
| MEXC STBL_USDT | +0.0100% | 4h | 0.02662 | +0.188% | $364K | $150K | 100x | as long as short |
| KuCoin STBLUSDTMlong | +0.0100% | 4h | 0.02657 | long leg | $1.1M | $230K | 20x | |
| Variational Omni STBL | +0.0100% | 4h | 0.02664 | +0.263% | $974 | $276 | — | as long as short |
| SunX STBL-USDT | +0.0100% | 4h | 0.02658 | +0.038% | $2K | $1.1M | 20x | as long as short |
| BloFin STBL-USDT | +0.0143% | 4h | 0.02668 | +0.414% | $127K | $22K | 50x | as long as short |
Lighter STBL
Hyperliquid STBL
Aster STBLUSDT
Binance STBLUSDT
Gate STBL_USDT
MEXC STBL_USDT
Variational Omni STBL
SunX STBL-USDT
BloFin STBL-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit STBLUSDT | +0.0637% | 4h | 0.02655 | −0.075% | $1.5M | $662K | 20x | as long as short |
| BingX STBL-USDTshort | +0.0680% | 4h | 0.02661 | +0.151% | — | $6.6M | — |
Bybit STBLUSDT