UB

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0047%/8h= −5.1% APRnext payment −$0.23 per $10,000 · paid last 24h −0.060%

Price spread now: OKX against BloFin−0.081%7-day average −0.146% · you buy dearer than you sell

Net, funding: paid 7d − costs−$91as in the Funding arb table

Net, price: spread back to 7d avg − costs−$80as in the Price arb table

costs, in and out, $10k−$870.870% of the position

Long on BloFin Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.043%−$4 on $10k

Price spread, last 3 days (all we have)−0.055%−$5 · spread now −0.081%, 7d avg −0.146%

Together, before fees−0.098%−$10 on $10k · with fees, hour by hour

The price spread pays, funding is against you. OKX is 0.065% dearer against BloFin than usual: you sell high and buy low (spread −0.081% now, against its 7-day average of −0.146%): +$7 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4.7 days. At the pace of the last 7 days (−0.043% in total) that is about 11 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin UB-USDT	0.1487	0.0147	pay 0.0073% / 4h	50m 39s	$161K	$1.1M	50x
Short	OKX UB-USDT-SWAP	0.1485	0.0100	get 0.0050% / 4h	50m 39s	$1.4M	$16.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.081%Rate

Funding earned: −$9.77
Price spread: −0.081% → −0.146%: $6.54
Slippage, 4 orders: −$64.96
Fee BloFin: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$90.19
Costs to cover: 0.870%
Break-even: never at this rate

Slippage from BloFin: live order book, 2 min ago; OKX: live order book, 3 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	1.68 bp	23.8 bp −$24	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 3 min ago	1.34 bp	25.9 bp −$26	322.9 bp −$3,229	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	0.1488	+0.067%	$3.2M	$16.8M	50x	as long as short
Bybit UBUSDT	+0.0100%	4h	0.1486	−0.052%	$1.1M	$2.4M	20x	as long as short
OKX UB-USDT-SWAPshort	+0.0100%	4h	0.1485	−0.081%	$1.4M	$16.3M	20x
Gate UB_USDT	+0.0100%	4h	0.1485	−0.128%	$1.5M	$3.4M	25x	as long as short
MEXC UB_USDT	+0.0100%	4h	0.1487	+0.027%	$644K	$692K	100x	as long as short
KuCoin UBUSDTM	+0.0100%	4h	0.1486	−0.060%	$1.1M	$1.4M	20x	as long as short
Bitget UBUSDT	+0.0100%	4h	0.1487	−0.007%	$2.4M	$3.5M	50x	as long as short
BingX UB-USDT	+0.0100%	4h	0.1486	−0.074%	—	$2.7M	—	as long as short
Variational Omni UB	+0.0100%	4h	0.1489	+0.155%	$2K	$7K	—	as long as short
edgeX UBUSDC	+0.0100%	4h	0.1492	+0.340%	$38K	$261K	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	0.1490	+0.222%	$17K	$193K	20x	as long as short
Extended UB-USD	+0.0104%	1h	0.1487	+0.034%	$962	$176K	5x	as long as short
BloFin UB-USDTlong	+0.0147%	4h	0.1487	long leg	$161K	$1.1M	50x
Aster UBUSDT	+0.0668%	4h	0.1490	+0.216%	$404K	$204K	5x	as long as short