Funding you earn now, next payment 00:00 UTC−0.0030%/8h= −3.3% APRnext payment −$0.15 per $10,000 · paid last 24h −0.001%
Price spread now: Bitget against BloFin−0.334%7-day average +0.039% · you buy dearer than you sell
Net, funding: paid 7d − costs−$122as in the Funding arb table
Net, price: spread back to 7d avg − costs−$161as in the Price arb table
costs, in and out, $10k−$1231.233% of the position
Funding, last 7 days+0.012%+$1 on $10k
+Price spread, last 3 days (all we have)+0.455%+$45 · spread now −0.334%, 7d avg +0.039%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bitget is 0.372% cheaper against BloFin than usual: you would sell low and buy high (−$37 if the spread goes back to its 7-day average of +0.039%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin UB-USDT | 0.1468 | 0.0130 | pay 0.0065% / 4h | 1h 50m | $160K | $1.2M | 50x |
| Short | Bitget UBUSDT | 0.1463 | 0.0100 | get 0.0050% / 4h | 1h 50m | $2.4M | $3.6M | 50x |
BloFin UB-USDT
Bitget UBUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$6.26
- Price spread: −0.334% → +0.039%
- −$37.25
- Slippage, 4 orders
- −$99.27
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$166.77
- Costs to cover
- 1.233%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 2 min ago; Bitget: 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, 2 min ago | 7.14 bp | 25.0 bp −$25 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 7.14 bp | 37.3 bp −$37 | 180.1 bp −$1,801 | 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 | 0.1465 | −0.211% | $3.2M | $16.5M | 50x | as long as short |
| Bybit UBUSDT | +0.0100% | 4h | 0.1464 | −0.289% | $1.1M | $2.4M | 20x | as long as short |
| OKX UB-USDT-SWAP | +0.0100% | 4h | 0.1462 | −0.416% | $1.3M | $16.0M | 20x | as long as short |
| Gate UB_USDT | +0.0100% | 4h | 0.1464 | −0.272% | $1.5M | $3.3M | 25x | as long as short |
| MEXC UB_USDT | +0.0100% | 4h | 0.1465 | −0.204% | $643K | $691K | 100x | as long as short |
| KuCoin UBUSDTM | +0.0100% | 4h | 0.1464 | −0.256% | $1.0M | $1.4M | 20x | as long as short |
| Bitget UBUSDTshort | +0.0100% | 4h | 0.1463 | −0.334% | $2.4M | $3.6M | 50x | |
| BingX UB-USDT | +0.0100% | 4h | 0.1463 | −0.368% | — | $2.7M | — | as long as short |
| Variational Omni UB | +0.0100% | 4h | 0.1470 | +0.145% | $92 | $5K | — | as long as short |
| edgeX UBUSDC | +0.0100% | 4h | 0.1469 | +0.074% | $37K | $259K | 10x | as long as short |
Binance UBUSDT
Bybit UBUSDT
OKX UB-USDT-SWAP
Gate UB_USDT
MEXC UB_USDT
KuCoin UBUSDTM
BingX UB-USDT
Variational Omni UB
edgeX UBUSDCShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX UB-USDT | +0.0100% | 4h | 0.1467 | −0.048% | $15K | $178K | 20x | as long as short |
| Extended UB-USD | +0.0104% | 1h | 0.1465 | −0.195% | $948 | $176K | 5x | as long as short |
| BloFin UB-USDTlong | +0.0130% | 4h | 0.1468 | long leg | $160K | $1.2M | 50x | |
| Aster UBUSDT | +0.0710% | 4h | 0.1467 | −0.105% | $398K | $201K | 5x | as long as short |
HTX UB-USDT
Extended UB-USD
Aster UBUSDT