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

STBL

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0388%/8h= −42.5% APRnext payment $1.94 per $10,000 · paid last 24h −0.140%
Price spread now: BloFin against KuCoin+0.037%7-day average +0.079% · you sell dearer than you buy
Net, funding: paid 7d − costs−$593as in the Funding arb table
Net, price: spread back to 7d avg − costs−$551as in the Price arb table
costs, in and out, $10k−$5475.469% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.464%−$46 on $10k
Price spread, last 3 days (all we have)−0.135%−$13 · spread now +0.037%, 7d avg +0.079%
Together, before fees−0.599%−$60 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and BloFin is 0.042% cheaper against KuCoin than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.079%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin STBLUSDTM0.026730.0536pay 0.0268% / 4h3h 48m$1.1M$233K20x
ShortBloFin STBL-USDT0.026740.0148get 0.0074% / 4h3h 48m$127K$22K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
−$81.54
Price spread: +0.037% → +0.079%
−$4.16
Slippage, 4 orders
−$522.93
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$632.62
Costs to cover
5.469%
Break-even
never at this rate
Slippage from KuCoin: live order book, 6 min ago; BloFin: live order book, 7 min ago.

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, 6 min ago16.81 bp234.6 bp −$235doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 7 min ago3.73 bp50.4 bp −$50145.2 bp −$1,452doesn't fitdoesn't fit

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
Lighter STBL+0.0096%1h0.02661−0.449%$80K$2K3xas long as short
Hyperliquid STBL+0.0100%1h0.02669−0.153%$2.0M$283K3xas long as short
Aster STBLUSDT+0.0100%4h0.02664−0.322%$89K$6K5xas long as short
Binance STBLUSDT+0.0100%4h0.02675+0.057%$1.9M$2.2M50xas long as short
Bybit STBLUSDT+0.0100%4h0.02672−0.037%$1.5M$665K20xas long as short
Gate STBL_USDT+0.0100%4h0.02680+0.262%$1.2M$111K50xas long as short
MEXC STBL_USDT+0.0100%4h0.02674+0.037%$374K$148K100xas long as short
BingX STBL-USDT+0.0100%4h0.02677+0.150%$6.6Mas long as short
Variational Omni STBL+0.0100%4h0.02676+0.115%$977$282as long as short
SunX STBL-USDT+0.0100%4h0.02669−0.150%$2K$1.1M20xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin STBL-USDTshort+0.0148%4h0.02674+0.037%$127K$22K50x
KuCoin STBLUSDTMlong+0.0536%4h0.02673long leg$1.1M$233K20x