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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin STBLUSDTM | 0.02673 | 0.0536 | pay 0.0268% / 4h | 3h 48m | $1.1M | $233K | 20x |
| Short | BloFin STBL-USDT | 0.02674 | 0.0148 | get 0.0074% / 4h | 3h 48m | $127K | $22K | 50x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy KuCoin live order book, 6 min ago | 16.81 bp | 234.6 bp −$235 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 7 min ago | 3.73 bp | 50.4 bp −$50 | 145.2 bp −$1,452 | 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 | 0.02661 | −0.449% | $80K | $2K | 3x | as long as short |
| Hyperliquid STBL | +0.0100% | 1h | 0.02669 | −0.153% | $2.0M | $283K | 3x | as long as short |
| Aster STBLUSDT | +0.0100% | 4h | 0.02664 | −0.322% | $89K | $6K | 5x | as long as short |
| Binance STBLUSDT | +0.0100% | 4h | 0.02675 | +0.057% | $1.9M | $2.2M | 50x | as long as short |
| Bybit STBLUSDT | +0.0100% | 4h | 0.02672 | −0.037% | $1.5M | $665K | 20x | as long as short |
| Gate STBL_USDT | +0.0100% | 4h | 0.02680 | +0.262% | $1.2M | $111K | 50x | as long as short |
| MEXC STBL_USDT | +0.0100% | 4h | 0.02674 | +0.037% | $374K | $148K | 100x | as long as short |
| BingX STBL-USDT | +0.0100% | 4h | 0.02677 | +0.150% | — | $6.6M | — | as long as short |
| Variational Omni STBL | +0.0100% | 4h | 0.02676 | +0.115% | $977 | $282 | — | as long as short |
| SunX STBL-USDT | +0.0100% | 4h | 0.02669 | −0.150% | $2K | $1.1M | 20x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin STBL-USDTshort | +0.0148% | 4h | 0.02674 | +0.037% | $127K | $22K | 50x | |
| KuCoin STBLUSDTMlong | +0.0536% | 4h | 0.02673 | long leg | $1.1M | $233K | 20x |
KuCoin STBLUSDTM
BloFin STBL-USDT
Lighter STBL
Hyperliquid STBL
Aster STBLUSDT
Binance STBLUSDT
Bybit STBLUSDT
Gate STBL_USDT
MEXC STBL_USDT
BingX STBL-USDT
Variational Omni STBL
SunX STBL-USDT