STBL arbitrage between HyperLiquid and Astar DEX: we compare the price of STBL on HyperLiquid (futures) and Astar DEX (futures) in real time — the executable spread (buy at the ask, sell at the bid), basis, volume and deposit/withdrawal status. You can see whether the gap holds or is a one-second blip you would never get into.

About STBL

STBL is a decentralized, non-custodial platform built to redefine stablecoin utility by combining yield, transparency, and real-world asset (RWA) backing. At its core, STBL is a mechanism to mint stablecoins — namely USST and YLD — with unique advantages that stand out in the DeFi ecosystem: yield without staking, no lockups, and RWA-powered growth.

Decentralized Finance (DeFi), BNB Chain Ecosystem, Real World Assets (RWA), Stablecoin Issuer

Open interest in STBL right now — $8.5M: HyperLiquid $2.0M, Binance $1.8M, BingX $1.6M, KuCoin $1.6M, Bybit $1.2M. See OI STBL.

About STBL arbitrage

How do I read the STBL spread?

The spread is how many percent higher STBL trades on one exchange than on the other. We measure it at tradeable prices (ask/bid) net of fees; “net” is closer to what you actually keep.

Is this arbitrage worth taking?

Look past the spread: check volume, order-book depth and the deposit/withdrawal status on HyperLiquid and Astar DEX. If deposits or withdrawals are shut, or the book is thin, the spread exists on paper but you cannot trade into it.

How do I get STBL alerts?

Build a rule in the the builder with the spread threshold you want — the notification arrives as a Telegram direct message within seconds.