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

STBL

all STBL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0140%/8h= +15.3% APRnext payment +$0.70 per $10,000 · paid last 24h +0.050%
Price spread now: Gate against KuCoin+0.075%7-day average +0.259% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,280as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,304as in the Price arb table
costs, in and out, $10k−$1,28612.855% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.051%+$5 on $10k
Price spread, last 7 days+0.395%+$40 · spread now +0.075%, 7d avg +0.259%
Together, before fees+0.446%+$45 on $10k · with fees, hour by hour
Funding pays, the price is against you. Gate is 0.184% cheaper against KuCoin than usual: you would sell low and buy high (spread +0.075% now, against its 7-day average of +0.259%). If the spread goes back, that is −$18 on $10k: about 4.4 days of funding at the current rate (+$4 a day). At the pace of the last 7 days (+0.051% in total) that is about 25 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin STBLUSDTM0.026620.0124pay 0.0062% / 4h1h 55m$1.1M$188K20x
ShortGate STBL_USDT0.026640.0264get 0.0132% / 4h1h 55m$1.2M$55K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$29.4
Price spread: +0.075% → +0.259%
−$18.39
Slippage, 4 orders
−$1,258.51
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$1,274.5
Costs to cover
12.855%
Break-even
310.5 days
Slippage from KuCoin: live order book, 2 min ago; Gate: live order book, 5 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, 2 min ago16.93 bp244.7 bp −$245doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 5 min ago16.91 bp398.2 bp −$398doesn't fitdoesn't fitdoesn't fit

STBL on 12 exchanges

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%1h0.02642−0.751%$79K$9693xas long as short
Aster STBLUSDT+0.0100%4h0.02653−0.322%$89K$5K5xas long as short
Binance STBLUSDT+0.0100%4h0.02659−0.113%$2.0M$1.5M50xas long as short
Bybit STBLUSDT+0.0100%4h0.02659−0.113%$1.5M$385K20xas long as short
MEXC STBL_USDT+0.0100%4h0.02656−0.225%$358K$131K100xas long as short
BingX STBL-USDT+0.0100%4h0.02659−0.113%$6.6Mas long as short
Variational Omni STBL+0.0100%4h0.02654−0.307%$988$293as long as short
SunX STBL-USDT+0.0100%4h0.02645−0.639%$2K$924K20xas long as short
BloFin STBL-USDT+0.0101%4h0.02654−0.301%$125K$20K50xas long as short
KuCoin STBLUSDTMlong+0.0124%4h0.02662long leg$1.1M$188K20x
Show all 12 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate STBL_USDTshort+0.0264%4h0.02664+0.075%$1.2M$55K50x
Hyperliquid STBL+0.1546%1h0.02656−0.225%$1.9M$211K3xas long as short