Funding you earn now, next payment 08:00 UTC+0.0045%/8h= +4.9% APRnext payment +$0.22 per $10,000 · paid last 24h −0.105%
Price spread now: Bybit against BloFin−0.344%72s7-day average −0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$145as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1281.281% of the position
Funding, last 7 days−0.167%−$17 on $10k
+Price spread, last 4 days (all we have)−0.178%−$18 · spread now −0.344%, 7d avg −0.033%
=Funding pays, the price is against you. Bybit is 0.312% cheaper against BloFin than usual: you would sell low and buy high (spread −0.344% now, against its 7-day average of −0.033%). If the spread goes back, that is −$31 on $10k: about 23 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.167%, so the current rate has only just turned in your favour. The two prices were read 72 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin UAI-USDT | 0.3632 | 0.0055 | pay 0.0028% / 4h | 41m 52s | $787K | $1.4M | 50x |
| Short | Bybit UAIUSDT | 0.3619 | 0.0100 | get 0.0050% / 4h | 41m 52s | $3.4M | $31.2M | 20x |
BloFin UAI-USDT
Bybit UAIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against BloFin. 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
- $9.36
- Price spread: −0.344% → −0.033%
- −$31.15
- Slippage, 4 orders
- −$105.13
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$149.92
- Costs to cover
- 1.281%
- Break-even
- 119.1 days
Slippage from BloFin: live order book, 1 min ago; Bybit: 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 BloFin live order book, 1 min ago | 2.76 bp | 17.7 bp −$18 | 73.5 bp −$735 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 2.76 bp | 52.6 bp −$53 | 211.9 bp −$2,119 | doesn't fit | doesn't fit |
UAI on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin UAIUSDTM | −0.0206% | 4h | 0.3620 | −0.341% | $1.6M | $3.1M | 50x | as long as short |
| BloFin UAI-USDTlong | +0.0055% | 4h | 0.3632 | long leg | $787K | $1.4M | 50x | |
| Aster UAIUSDT | +0.0100% | 4h | 0.3625 | −0.204% | $2.2M | $1.0M | 5x | as long as short |
| Binance UAIUSDT | +0.0100% | 4h | 0.3621 | −0.295% | $12.2M | $136.6M | 50x | as long as short |
| Bybit UAIUSDTshort | +0.0100% | 4h | 0.3619 | −0.344% | $3.4M | $31.2M | 20x | |
| Gate UAI_USDT | +0.0100% | 8h | 0.3621 | −0.303% | $2.2M | $11.1M | 50x | as long as short |
| MEXC UAI_USDT | +0.0100% | 4h | 0.3620 | −0.330% | $2.7M | $9.7M | 50x | as long as short |
| Bitget UAIUSDT | +0.0100% | 4h | 0.3620 | −0.330% | $3.8M | $10.9M | 25x | as long as short |
| BingX UAI-USDT | +0.0100% | 4h | 0.3621 | −0.303% | — | $11.3M | — | as long as short |
| Variational Omni UAI | +0.0100% | 4h | 0.3629 | −0.088% | $17K | $103K | — | as long as short |
KuCoin UAIUSDTM
Aster UAIUSDT
Binance UAIUSDT
Gate UAI_USDT
MEXC UAI_USDT
Bitget UAIUSDT
BingX UAI-USDT
Variational Omni UAIShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX UAIUSDC | +0.0100% | 4h | 0.3630 | −0.054% | $13K | $346K | 10x | as long as short |
edgeX UAIUSDC