Funding you earn now, next payment 04:00 UTC−0.0055%/8h= −6.0% APRnext payment −$0.27 per $10,000 · paid last 24h +0.002%
Price spread now: BloFin against Aster−0.097%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and BloFin is 0.097% cheaper against Aster than usual: you would sell low and buy high (−$10 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster UMAUSDT | 0.4050 | 0.0100 | pay 0.0050% / 4h | 30m 36s | $25K | $2K | 5x |
| Short | BloFin UMA-USDT | 0.4046 | 0.0045 | get 0.0023% / 4h | 30m 36s | $75K | $8K | 50x |
Aster UMAUSDT
BloFin UMA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Aster. 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
- −$11.55
- Price spread: −0.097% → 0.000%
- −$9.75
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$41.3
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Aster: no order-book sample; BloFin: no order-book sample. Net counts fees only.
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 Aster no order-book sample | — | — | — | — | — |
| Sell BloFin no order-book sample | — | — | — | — | — |
Aster and BloFin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
UMA on 13 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 UMA-USDTshort | +0.0045% | 4h | 0.4046 | −0.097% | $75K | $8K | 50x | |
| Hyperliquid UMA | +0.0100% | 1h | 0.4054 | +0.105% | $215K | $67K | 3x | as long as short |
| Aster UMAUSDTlong | +0.0100% | 4h | 0.4050 | long leg | $25K | $2K | 5x | |
| Binance UMAUSDT | +0.0100% | 4h | 0.4053 | +0.075% | $1.5M | $1.2M | 50x | as long as short |
| Bybit UMAUSDT | +0.0100% | 4h | 0.4050 | +0.001% | $671K | $154K | 25x | as long as short |
| OKX UMA-USDT-SWAP | +0.0100% | 4h | 0.4052 | +0.051% | $315K | $242K | 10x | as long as short |
| Gate UMA_USDT | +0.0100% | 4h | 0.4041 | −0.221% | $78K | $45K | 25x | as long as short |
| MEXC UMA_USDT | +0.0100% | 4h | 0.4053 | +0.075% | $222K | $164K | 50x | as long as short |
| KuCoin UMAUSDTM | +0.0100% | 4h | 0.4047 | −0.073% | $156K | $63K | 30x | as long as short |
| Bitget UMAUSDT | +0.0100% | 4h | 0.4050 | +0.001% | $975K | $67K | 50x | as long as short |
Hyperliquid UMA
Binance UMAUSDT
Bybit UMAUSDT
OKX UMA-USDT-SWAP
Gate UMA_USDT
MEXC UMA_USDT
KuCoin UMAUSDTM
Bitget UMAUSDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX UMA-USDT | +0.0100% | 4h | 0.4051 | +0.026% | — | $2.3M | — | as long as short |
| Variational Omni UMA | +0.0100% | 4h | 0.4051 | +0.033% | $5K | $7 | — | as long as short |
| Kraken Futures PF_UMAUSD | +0.2342% | 1h | 0.4064 | +0.337% | $14K | $6K | 10x | as long as short |
BingX UMA-USDT
Variational Omni UMA
Kraken Futures PF_UMAUSD