UB

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0013%/8h= +1.4% APRnext payment +$0.06 per $10,000 · paid last 24h −0.001%

Price spread now: BloFin against BingX−0.334%7-day average +0.024% · you buy dearer than you sell

Net, funding: paid 7d − costs−$110as in the Funding arb table

Net, price: spread back to 7d avg − costs−$135as in the Price arb table

costs, in and out, $10k−$990.990% of the position

Long on BingX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.105%−$10 on $10k

Price spread, last 4 days (all we have)+0.371%+$37 · spread now −0.334%, 7d avg +0.024%

Together, before fees+0.266%+$27 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.358% cheaper against BingX than usual: you would sell low and buy high (spread −0.334% now, against its 7-day average of +0.024%). If the spread goes back, that is −$36 on $10k: about 3 months of funding at the current rate ($0 a day). Mind the row above: over the last 7 days funding on this pair cost −0.105%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX UB-USDT	0.1496	0.0100	pay 0.0050% / 4h	1h 44m	—	$2.6M	—
Short	BloFin UB-USDT	0.1491	0.0113	get 0.0056% / 4h	1h 44m	$160K	$841K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against BingX. 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 BingXbpFee BloFinbpOrdersPrice spread, now −0.334%Rate

Funding earned: $2.71
Price spread: −0.334% → +0.024%: −$35.84
Slippage, 4 orders: −$77.03
Fee BingX: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$132.17
Costs to cover: 0.990%
Break-even: 349.0 days

Slippage from BingX: live order book, 5 min ago; BloFin: live order book, 42 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 BingX live order book, 5 min ago	4.04 bp	22.7 bp −$23	93.6 bp −$936	doesn't fit	doesn't fit
Sell BloFin live order book, 42 min ago	5.70 bp	27.4 bp −$27	doesn't fit	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
Binance UBUSDT	+0.0100%	4h	0.1497	+0.067%	$3.1M	$14.6M	50x	as long as short
Bybit UBUSDT	+0.0100%	4h	0.1493	−0.220%	$967K	$2.2M	20x	as long as short
OKX UB-USDT-SWAP	+0.0100%	4h	0.1498	+0.094%	$1.5M	$12.3M	20x	as long as short
Gate UB_USDT	+0.0100%	4h	0.1494	−0.134%	$1.5M	$3.3M	25x	as long as short
MEXC UB_USDT	+0.0100%	4h	0.1496	−0.033%	$704K	$643K	100x	as long as short
KuCoin UBUSDTM	+0.0100%	4h	0.1492	−0.283%	$1.0M	$982K	20x	as long as short
Bitget UBUSDT	+0.0100%	4h	0.1496	−0.040%	$2.4M	$2.9M	50x	as long as short
BingX UB-USDTlong	+0.0100%	4h	0.1496	long leg	—	$2.6M	—
Variational Omni UB	+0.0100%	4h	0.1491	−0.365%	$426	$8K	—	as long as short
edgeX UBUSDC	+0.0100%	4h	0.1494	−0.175%	$38K	$272K	10x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX UB-USDT	+0.0100%	4h	0.1492	−0.314%	$16K	$303K	20x	as long as short
Extended UB-USD	+0.0104%	1h	0.1497	+0.025%	$3K	$210K	5x	as long as short
BloFin UB-USDTshort	+0.0113%	4h	0.1491	−0.334%	$160K	$841K	50x
Aster UBUSDT	+0.0591%	4h	0.1496	−0.033%	$406K	$119K	5x	as long as short