UB

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0010%/8h= −1.1% APRnext payment −$0.05 per $10,000 · paid last 24h −0.001%

Price spread now: BloFin against Binance+0.164%101s7-day average −0.021% · you sell dearer than you buy

Net, funding: paid 7d − costs−$91as 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−$900.896% of the position

Long on Binance Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.012%−$1 on $10k

Price spread, last 4 days (all we have)−0.166%−$17 · spread now +0.164%, 7d avg −0.021%

Together, before fees−0.178%−$18 on $10k · with fees, hour by hour

The price spread pays, funding is against you. BloFin is 0.185% dearer against Binance than usual: you sell high and buy low (spread +0.164% now, against its 7-day average of −0.021%): +$19 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 2 months. The two prices were read 101 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	Binance UBUSDT	0.1502	0.0100	pay 0.0050% / 4h	3h 11m	$3.2M	$16.0M	50x
Short	BloFin UB-USDT	0.1504	0.0090	get 0.0045% / 4h	3h 11m	$160K	$863K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Binance. 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

Position, each leg$Hold fordaysFee BinancebpFee BloFinbpOrdersPrice spread, now +0.164%Rate

Funding earned: −$2.06
Price spread: +0.164% → −0.021%: $18.53
Slippage, 4 orders: −$67.6
Fee Binance: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$73.13
Costs to cover: 0.896%
Break-even: never at this rate

Slippage from Binance: live order book, 14 min ago; BloFin: live order book, 20 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 Binance live order book, 14 min ago	0.67 bp	21.6 bp −$22	171.0 bp −$1,710	doesn't fit	doesn't fit
Sell BloFin live order book, 20 min ago	4.01 bp	23.4 bp −$23	55.9 bp −$559	doesn't fit	doesn't fit

UB on 14 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
BloFin UB-USDTshort	+0.0090%	4h	0.1504	+0.164%	$160K	$863K	50x
Binance UBUSDTlong	+0.0100%	4h	0.1502	long leg	$3.2M	$16.0M	50x
Bybit UBUSDT	+0.0100%	4h	0.1500	−0.094%	$991K	$2.5M	20x	as long as short
OKX UB-USDT-SWAP	+0.0100%	4h	0.1503	+0.077%	$1.4M	$14.2M	20x	as long as short
Gate UB_USDT	+0.0100%	4h	0.1498	−0.229%	$1.5M	$3.5M	25x	as long as short
MEXC UB_USDT	+0.0100%	4h	0.1501	−0.069%	$724K	$671K	100x	as long as short
KuCoin UBUSDTM	+0.0100%	4h	0.1499	−0.207%	$1.1M	$1.1M	20x	as long as short
Bitget UBUSDT	+0.0100%	4h	0.1502	+0.037%	$2.4M	$3.3M	50x	as long as short
BingX UB-USDT	+0.0100%	4h	0.1500	−0.083%	—	$2.7M	—	as long as short
Variational Omni UB	+0.0100%	4h	0.1505	+0.240%	$430	$8K	—	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX UBUSDC	+0.0100%	4h	0.1506	+0.257%	$38K	$268K	10x	as long as short
HTX UB-USDT	+0.0100%	4h	0.1504	+0.124%	$17K	$283K	20x	as long as short
Extended UB-USD	+0.0104%	1h	0.1500	−0.101%	$2K	$172K	5x	as long as short
Aster UBUSDT	+0.0618%	4h	0.1501	−0.020%	$407K	$161K	5x	as long as short