UB

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0026%/8h= +2.9% APRnext payment +$0.13 per $10,000 · paid last 24h −0.001%

Price spread now: BloFin against Bybit+0.163%7-day average +0.073% · you sell dearer than you buy

Net, funding: paid 7d − costs−$200as in the Funding arb table

Net, price: spread back to 7d avg − costs−$193as in the Price arb table

costs, in and out, $10k−$2022.016% of the position

Long on Bybit Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.018%+$2 on $10k

Price spread, last 4 days (all we have)−0.102%−$10 · spread now +0.163%, 7d avg +0.073%

Together, before fees−0.084%−$8 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.090% dearer against Bybit than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.073%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit UBUSDT	0.1474	0.0100	pay 0.0050% / 4h	1m 12s	$944K	$2.2M	20x
Short	BloFin UB-USDT	0.1476	0.0126	get 0.0063% / 4h	1m 12s	$159K	$825K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Bybit. 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 BybitbpFee BloFinbpOrdersPrice spread, now +0.163%Rate

Funding earned: $5.54
Price spread: +0.163% → +0.073%: $9
Slippage, 4 orders: −$178.6
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$187.06
Costs to cover: 2.016%
Break-even: 243.4 days

Slippage from Bybit: live order book, 1 min ago; BloFin: live order book, 16 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 Bybit live order book, 1 min ago	4.07 bp	84.4 bp −$84	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 16 min ago	4.70 bp	26.3 bp −$26	73.2 bp −$732	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	0.1476	+0.118%	$3.1M	$14.3M	50x	as long as short
Bybit UBUSDTlong	+0.0100%	4h	0.1474	long leg	$944K	$2.2M	20x
OKX UB-USDT-SWAP	+0.0100%	4h	0.1474	0.000%	$1.4M	$11.6M	20x	as long as short
Gate UB_USDT	+0.0100%	4h	0.1474	−0.020%	$1.5M	$3.3M	25x	as long as short
MEXC UB_USDT	+0.0100%	4h	0.1475	+0.088%	$667K	$630K	100x	as long as short
KuCoin UBUSDTM	+0.0100%	4h	0.1473	−0.086%	$1.0M	$970K	20x	as long as short
Bitget UBUSDT	+0.0100%	4h	0.1474	+0.007%	$2.4M	$2.9M	50x	as long as short
BingX UB-USDT	+0.0100%	4h	0.1475	+0.047%	—	$2.6M	—	as long as short
Variational Omni UB	+0.0100%	4h	0.1478	+0.288%	$424	$8K	—	as long as short
edgeX UBUSDC	+0.0100%	4h	0.1477	+0.209%	$37K	$273K	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	0.1476	+0.142%	$16K	$330K	20x	as long as short
Extended UB-USD	+0.0104%	1h	0.1475	+0.054%	$2K	$222K	5x	as long as short
BloFin UB-USDTshort	+0.0126%	4h	0.1476	+0.163%	$159K	$825K	50x
Aster UBUSDT	+0.0219%	4h	0.1475	+0.081%	$400K	$113K	5x	as long as short