Funding you earn now, next payment 00:00 UTC−0.0050%/8h= −5.4% APRnext payment −$0.25 per $10,000 · paid last 24h −0.021%
Price spread now: Gate against BloFin−0.163%7-day average −0.111% · you buy dearer than you sell
Net, funding: paid 7d − costs−$326as in the Funding arb table
Net, price: spread back to 7d avg − costs−$328as in the Price arb table
costs, in and out, $10k−$3233.229% of the position
Funding, last 7 days−0.032%−$3 on $10k
+Price spread, last 3 days (all we have)+0.061%+$6 · spread now −0.163%, 7d avg −0.111%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Gate is 0.052% cheaper against BloFin than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.111%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin UB-USDT | 0.1471 | 0.0150 | pay 0.0075% / 4h | 2h 38m | $161K | $1.2M | 50x |
| Short | Gate UB_USDT | 0.1469 | 0.0100 | get 0.0050% / 4h | 2h 38m | $1.5M | $3.4M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$10.45
- Price spread: −0.163% → −0.111%
- −$5.21
- Slippage, 4 orders
- −$295.94
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$338.59
- Costs to cover
- 3.229%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 3 min ago; Gate: live order book, 4 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, 3 min ago | 3.73 bp | 22.2 bp −$22 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 4 min ago | 14.98 bp | 119.2 bp −$119 | 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 | 0.1470 | −0.068% | $3.2M | $16.4M | 50x | as long as short |
| Bybit UBUSDT | +0.0100% | 4h | 0.1468 | −0.237% | $1.1M | $2.4M | 20x | as long as short |
| OKX UB-USDT-SWAP | +0.0100% | 4h | 0.1469 | −0.143% | $1.4M | $16.1M | 20x | as long as short |
| Gate UB_USDTshort | +0.0100% | 4h | 0.1469 | −0.163% | $1.5M | $3.4M | 25x | |
| MEXC UB_USDT | +0.0100% | 4h | 0.1470 | −0.088% | $680K | $692K | 100x | as long as short |
| KuCoin UBUSDTM | +0.0100% | 4h | 0.1469 | −0.163% | $1.0M | $1.4M | 20x | as long as short |
| Bitget UBUSDT | +0.0100% | 4h | 0.1469 | −0.163% | $2.4M | $3.6M | 50x | as long as short |
| BingX UB-USDT | +0.0100% | 4h | 0.1469 | −0.163% | — | $2.7M | — | as long as short |
| Variational Omni UB | +0.0100% | 4h | 0.1469 | −0.190% | $92 | $5K | — | as long as short |
| edgeX UBUSDC | +0.0100% | 4h | 0.1472 | +0.008% | $37K | $257K | 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 | 0.1471 | −0.007% | $16K | $166K | 20x | as long as short |
| Extended UB-USD | +0.0104% | 1h | 0.1470 | −0.095% | $945 | $176K | 5x | as long as short |
| BloFin UB-USDTlong | +0.0150% | 4h | 0.1471 | long leg | $161K | $1.2M | 50x | |
| Aster UBUSDT | +0.0880% | 4h | 0.1472 | +0.029% | $400K | $201K | 5x | as long as short |
BloFin UB-USDT
Gate UB_USDT
Binance UBUSDT
Bybit UBUSDT
OKX UB-USDT-SWAP
MEXC UB_USDT
KuCoin UBUSDTM
Bitget UBUSDT
BingX UB-USDT
Variational Omni UB
edgeX UBUSDC
HTX UB-USDT
Extended UB-USD
Aster UBUSDT