STBL

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0676%/8h= +74.0% APRnext payment +$3.38 per $10,000 · paid last 24h +0.174%

Price spread now: Gate against MEXC+0.114%7-day average +0.175% · you sell dearer than you buy

Net, funding: paid 7d − costs−$862as in the Funding arb table

Net, price: spread back to 7d avg − costs−$915as in the Price arb table

costs, in and out, $10k−$9099.091% of the position

Long on MEXC Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.469%+$47 on $10k

Price spread, last 4 days (all we have)−0.133%−$13 · spread now +0.114%, 7d avg +0.175%

Together, before fees+0.336%+$34 on $10k · with fees, hour by hour

Funding pays, the price is against you. Gate is 0.061% cheaper against MEXC than usual: you would sell low and buy high (spread +0.114% now, against its 7-day average of +0.175%). If the spread goes back, that is −$6 on $10k: about 7 hours of funding at the current rate (+$20 a day). At the pace of the last 7 days (+0.469% in total) that is about 22 hours.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.469% in total (about 24.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.38 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	MEXC STBL_USDT	0.02632	0.0100	pay 0.0050% / 4h	2h 09m	$365K	$150K	100x
Short	Gate STBL_USDT	0.02635	0.0776	get 0.0388% / 4h	2h 09m	$1.2M	$118K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against MEXC. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee MEXCbpFee GatebpOrdersPrice spread, now +0.114%Rate

Funding earned: $141.96
Price spread: +0.114% → +0.175%: −$6.12
Slippage, 4 orders: −$890.12
Fee MEXC: 2 bp × 2 orders: −$4
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$773.28
Costs to cover: 9.091%
Break-even: 45.1 days

Slippage from MEXC: live order book, 4 min ago; Gate: live order book, 2 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 MEXC live order book, 4 min ago	1.90 bp	27.3 bp −$27	113.3 bp −$1,133	223.6 bp −$22.4K	doesn't fit
Sell Gate live order book, 2 min ago	13.27 bp	533.5 bp −$534	doesn't fit	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	0.02623	−0.342%	$79K	$2K	3x	as long as short
Hyperliquid STBL	+0.0100%	1h	0.02629	−0.122%	$1.9M	$283K	3x	as long as short
Binance STBLUSDT	+0.0100%	4h	0.02632	0.000%	$1.9M	$2.2M	50x	as long as short
MEXC STBL_USDTlong	+0.0100%	4h	0.02632	long leg	$365K	$150K	100x
KuCoin STBLUSDTM	+0.0100%	4h	0.02631	−0.038%	$1.1M	$229K	20x	as long as short
Variational Omni STBL	+0.0100%	4h	0.02629	−0.097%	$961	$282	—	as long as short
SunX STBL-USDT	+0.0100%	4h	0.02628	−0.152%	$2K	$1.1M	20x	as long as short
BloFin STBL-USDT	+0.0102%	4h	0.02632	0.000%	$127K	$22K	50x	as long as short
Bybit STBLUSDT	+0.0241%	4h	0.02630	−0.076%	$1.5M	$687K	20x	as long as short
BingX STBL-USDT	+0.0310%	4h	0.02632	0.000%	—	$6.6M	—	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate STBL_USDTshort	+0.0776%	4h	0.02635	+0.114%	$1.2M	$118K	50x
Aster STBLUSDT	+0.0963%	4h	0.02625	−0.271%	$88K	$6K	5x	as long as short