UB

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0038%/8h= −4.2% APRnext payment −$0.19 per $10,000 · paid last 24h +0.001%

Price spread now: BingX against BloFin−0.174%7-day average −0.023% · you buy dearer than you sell

Net, funding: paid 7d − costs−$83as in the Funding arb table

Net, price: spread back to 7d avg − costs−$108as in the Price arb table

costs, in and out, $10k−$930.930% of the position

Long on BloFin Short on BingX

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)+0.132%+$13 · spread now −0.174%, 7d avg −0.023%

Together, before fees+0.237%+$24 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BingX is 0.151% cheaper against BloFin than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of −0.023%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.105%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin UB-USDT	0.1492	0.0138	pay 0.0069% / 4h	46m 48s	$161K	$840K	50x
Short	BingX UB-USDT	0.1489	0.0100	get 0.0050% / 4h	46m 48s	—	$2.6M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX 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 BingXbpOrdersPrice spread, now −0.174%Rate

Funding earned: −$8.08
Price spread: −0.174% → −0.023%: −$15.11
Slippage, 4 orders: −$71.01
Fee BloFin: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: −$116.21
Costs to cover: 0.930%
Break-even: never at this rate

Slippage from BloFin: live order book, 35 min ago; BingX: 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, 35 min ago	0.67 bp	26.7 bp −$27	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 2 min ago	4.03 bp	24.8 bp −$25	73.0 bp −$730	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	0.1489	−0.146%	$3.1M	$14.3M	50x	as long as short
Bybit UBUSDT	+0.0100%	4h	0.1488	−0.243%	$959K	$2.2M	20x	as long as short
OKX UB-USDT-SWAP	+0.0100%	4h	0.1489	−0.188%	$1.4M	$11.8M	20x	as long as short
Gate UB_USDT	+0.0100%	4h	0.1488	−0.261%	$1.5M	$3.3M	25x	as long as short
MEXC UB_USDT	+0.0100%	4h	0.1490	−0.114%	$692K	$618K	100x	as long as short
KuCoin UBUSDTM	+0.0100%	4h	0.1485	−0.433%	$1.0M	$978K	20x	as long as short
Bitget UBUSDT	+0.0100%	4h	0.1489	−0.154%	$2.4M	$2.9M	50x	as long as short
BingX UB-USDTshort	+0.0100%	4h	0.1489	−0.174%	—	$2.6M	—
Variational Omni UB	+0.0100%	4h	0.1490	−0.103%	$426	$8K	—	as long as short
edgeX UBUSDC	+0.0100%	4h	0.1492	+0.008%	$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	0.1491	−0.054%	$16K	$317K	20x	as long as short
Extended UB-USD	+0.0104%	1h	0.1488	−0.227%	$2K	$153K	5x	as long as short
BloFin UB-USDTlong	+0.0138%	4h	0.1492	long leg	$161K	$840K	50x
Aster UBUSDT	+0.0395%	4h	0.1490	−0.129%	$404K	$114K	5x	as long as short