UB

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0014%/8h= +1.5% APRnext payment +$0.07 per $10,000 · paid last 24h +0.003%

Price spread now: Binance against BloFin−0.121%7-day average +0.002% · you buy dearer than you sell

Net, funding: paid 7d − costs−$88as in the Funding arb table

Net, price: spread back to 7d avg − costs−$102as in the Price arb table

costs, in and out, $10k−$890.893% of the position

Long on BloFin Short on Binance

What this pair did over the last

the charts below follow

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

Price spread, last 3 days (all we have)+0.096%+$10 · spread now −0.121%, 7d avg +0.002%

Together, before fees+0.108%+$11 on $10k · with fees, hour by hour

Funding pays, the price is against you. Binance is 0.123% cheaper against BloFin than usual: you would sell low and buy high (spread −0.121% now, against its 7-day average of +0.002%). If the spread goes back, that is −$12 on $10k: about 30 days of funding at the current rate ($0 a day). At the pace of the last 7 days (+0.012% in total) that is about 2 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin UB-USDT	0.1491	0.0086	pay 0.0043% / 4h	3h 16m	$159K	$1.1M	50x
Short	Binance UBUSDT	0.1489	0.0100	get 0.0050% / 4h	3h 16m	$3.2M	$17.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against BloFin. 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 BloFinbpFee BinancebpOrdersPrice spread, now −0.121%Rate

Funding earned: $2.86
Price spread: −0.121% → +0.002%: −$12.29
Slippage, 4 orders: −$67.31
Fee BloFin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$98.73
Costs to cover: 0.893%
Break-even: 248.3 days

Slippage from BloFin: live order book, 5 min ago; Binance: live order book, 9 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, 5 min ago	0.67 bp	11.4 bp −$11	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 9 min ago	0.68 bp	24.3 bp −$24	79.7 bp −$797	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-USDTlong	+0.0086%	4h	0.1491	long leg	$159K	$1.1M	50x
Binance UBUSDTshort	+0.0100%	4h	0.1489	−0.121%	$3.2M	$17.6M	50x
Bybit UBUSDT	+0.0100%	4h	0.1488	−0.241%	$1.0M	$2.6M	20x	as long as short
OKX UB-USDT-SWAP	+0.0100%	4h	0.1487	−0.262%	$1.4M	$16.6M	20x	as long as short
Gate UB_USDT	+0.0100%	4h	0.1488	−0.235%	$1.5M	$3.5M	25x	as long as short
MEXC UB_USDT	+0.0100%	4h	0.1489	−0.161%	$605K	$712K	100x	as long as short
KuCoin UBUSDTM	+0.0100%	4h	0.1489	−0.174%	$1.1M	$1.4M	20x	as long as short
Bitget UBUSDT	+0.0100%	4h	0.1489	−0.154%	$2.4M	$3.6M	50x	as long as short
BingX UB-USDT	+0.0100%	4h	0.1489	−0.188%	—	$2.7M	—	as long as short
Variational Omni UB	+0.0100%	4h	0.1491	−0.027%	$2K	$7K	—	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	0.1493	+0.113%	$38K	$264K	10x	as long as short
HTX UB-USDT	+0.0100%	4h	0.1491	−0.007%	$16K	$219K	20x	as long as short
Extended UB-USD	+0.0104%	1h	0.1489	−0.166%	$6K	$172K	5x	as long as short
Aster UBUSDT	+0.0621%	4h	0.1492	+0.040%	$405K	$199K	5x	as long as short