UB

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0047%/8h= −5.2% APRnext payment −$0.24 per $10,000 · paid last 24h +0.002%

Price spread now: BloFin against Gate+0.405%7-day average +0.121% · you sell dearer than you buy

Net, funding: paid 7d − costs−$160as in the Funding arb table

Net, price: spread back to 7d avg − costs−$135as in the Price arb table

costs, in and out, $10k−$1641.636% of the position

Long on Gate Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.034%+$3 on $10k

Price spread, last 4 days (all we have)−0.201%−$20 · spread now +0.405%, 7d avg +0.121%

Together, before fees−0.167%−$17 on $10k · with fees, hour by hour

The price spread pays, funding is against you. BloFin is 0.284% dearer against Gate than usual: you sell high and buy low (spread +0.405% now, against its 7-day average of +0.121%): +$28 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 20 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate UB_USDT	0.1457	0.0100	pay 0.0050% / 4h	53m 01s	$1.5M	$3.4M	25x
Short	BloFin UB-USDT	0.1463	0.0053	get 0.0026% / 4h	53m 01s	$152K	$936K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Gate. 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 GatebpFee BloFinbpOrdersPrice spread, now +0.405%Rate

Funding earned: −$9.97
Price spread: +0.405% → +0.121%: $28.35
Slippage, 4 orders: −$136.57
Fee Gate: 7.5 bp × 2 orders: −$15
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$145.19
Costs to cover: 1.636%
Break-even: never at this rate

Slippage from Gate: live order book, 5 min ago; BloFin: live order book, 49 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 Gate live order book, 5 min ago	5.85 bp	60.5 bp −$60	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 49 min ago	0.35 bp	12.0 bp −$12	50.4 bp −$504	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
BloFin UB-USDTshort	+0.0053%	4h	0.1463	+0.405%	$152K	$936K	50x
Binance UBUSDT	+0.0100%	4h	0.1458	+0.074%	$3.1M	$16.7M	50x	as long as short
Bybit UBUSDT	+0.0100%	4h	0.1458	+0.019%	$969K	$2.6M	20x	as long as short
OKX UB-USDT-SWAP	+0.0100%	4h	0.1457	−0.041%	$1.3M	$14.6M	20x	as long as short
Gate UB_USDTlong	+0.0100%	4h	0.1457	long leg	$1.5M	$3.4M	25x
MEXC UB_USDT	+0.0100%	4h	0.1461	+0.268%	$644K	$672K	100x	as long as short
KuCoin UBUSDTM	+0.0100%	4h	0.1458	+0.058%	$1.1M	$1.2M	20x	as long as short
Bitget UBUSDT	+0.0100%	4h	0.1458	+0.055%	$2.3M	$3.4M	50x	as long as short
BingX UB-USDT	+0.0100%	4h	0.1457	−0.034%	—	$2.7M	—	as long as short
Variational Omni UB	+0.0100%	4h	0.1468	+0.721%	$158	$8K	—	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX UBUSDC	+0.0100%	4h	0.1462	+0.349%	$37K	$267K	10x	as long as short
HTX UB-USDT	+0.0100%	4h	0.1458	+0.014%	$16K	$256K	20x	as long as short
Extended UB-USD	+0.0104%	1h	0.1464	+0.475%	$5K	$174K	5x	as long as short
Aster UBUSDT	+0.0534%	4h	0.1464	+0.419%	$397K	$171K	5x	as long as short