Antoher method, which I've used, is two pencils (unused, with the rubber erasers) shoved in two drilled holes (typcially just under 1/4") in a board. Make teh board large enoug not to tip over when teh plane is placed on them. Voila! on cheap balancing stand. Drill them into your benchtop if you so desire!

Make teh holes as close as possible to the fuse, while allowing the plane to sit freely.

Another method, if pencils are too short, is to use 1/4" wood dowels (cut to an appropriate length), with the'after market' pencil end erasers in teh ends.