Settings8H · net · $10k
Funding arb · Price arb /

UB

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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees+0.029%+$3 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 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin UB-USDT0.14710.0150pay 0.0075% / 4h2h 38m$161K$1.2M50x
ShortGate UB_USDT0.14690.0100get 0.0050% / 4h2h 38m$1.5M$3.4M25x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 3 min ago3.73 bp22.2 bp −$22doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 4 min ago14.98 bp119.2 bp −$119doesn't fitdoesn't fitdoesn't fit

UB on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance UBUSDT+0.0100%4h0.1470−0.068%$3.2M$16.4M50xas long as short
Bybit UBUSDT+0.0100%4h0.1468−0.237%$1.1M$2.4M20xas long as short
OKX UB-USDT-SWAP+0.0100%4h0.1469−0.143%$1.4M$16.1M20xas long as short
Gate UB_USDTshort+0.0100%4h0.1469−0.163%$1.5M$3.4M25x
MEXC UB_USDT+0.0100%4h0.1470−0.088%$680K$692K100xas long as short
KuCoin UBUSDTM+0.0100%4h0.1469−0.163%$1.0M$1.4M20xas long as short
Bitget UBUSDT+0.0100%4h0.1469−0.163%$2.4M$3.6M50xas long as short
BingX UB-USDT+0.0100%4h0.1469−0.163%$2.7Mas long as short
Variational Omni UB+0.0100%4h0.1469−0.190%$92$5Kas long as short
edgeX UBUSDC+0.0100%4h0.1472+0.008%$37K$257K10xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX UB-USDT+0.0100%4h0.1471−0.007%$16K$166K20xas long as short
Extended UB-USD+0.0104%1h0.1470−0.095%$945$176K5xas long as short
BloFin UB-USDTlong+0.0150%4h0.1471long leg$161K$1.2M50x
Aster UBUSDT+0.0880%4h0.1472+0.029%$400K$201K5xas long as short