Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Binance−0.087%7-day average +0.090% · you buy dearer than you sell
Net, funding: paid 7d − costs−$122as in the Funding arb table
Net, price: spread back to 7d avg − costs−$142as in the Price arb table
costs, in and out, $10k−$1251.247% of the position
Funding, last 7 days+0.026%+$3 on $10k
+Price spread, last 7 days+0.124%+$12 · spread now −0.087%, 7d avg +0.090%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.177% cheaper against Binance than usual: you would sell low and buy high, −$18 on $10k if it goes back to its 7-day average of +0.090%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance UMAUSDT | 0.4055 | 0.0100 | pay 0.0050% / 4h | 2h 00m | $1.5M | $1.2M | 50x |
| Short | Bitget UMAUSDT | 0.4051 | 0.0100 | get 0.0050% / 4h | 2h 00m | $977K | $68K | 50x |
Binance UMAUSDT
Bitget UMAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Binance. 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
- $0
- Price spread: −0.087% → +0.090%
- −$17.7
- Slippage, 4 orders
- −$102.75
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$142.45
- Costs to cover
- 1.247%
- Break-even
- never at this rate
Slippage from Binance: live order book, 2 min ago; Bitget: live order book, 45 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 Binance live order book, 2 min ago | 2.46 bp | 26.4 bp −$26 | 237.3 bp −$2,373 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 45 min ago | 9.87 bp | 33.3 bp −$33 | 180.0 bp −$1,800 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid UMA | +0.0100% | 1h | 0.4057 | +0.073% | $214K | $66K | 3x | as long as short |
| Aster UMAUSDT | +0.0100% | 4h | 0.4054 | −0.001% | $25K | $769 | 5x | as long as short |
| Binance UMAUSDTlong | +0.0100% | 4h | 0.4055 | long leg | $1.5M | $1.2M | 50x | |
| Bybit UMAUSDT | +0.0100% | 4h | 0.4056 | +0.036% | $675K | $150K | 25x | as long as short |
| OKX UMA-USDT-SWAP | +0.0100% | 4h | 0.4053 | −0.038% | $315K | $239K | 10x | as long as short |
| Gate UMA_USDT | +0.0100% | 4h | 0.4060 | +0.135% | $78K | $43K | 25x | as long as short |
| MEXC UMA_USDT | +0.0100% | 4h | 0.4053 | −0.038% | $223K | $171K | 50x | as long as short |
| KuCoin UMAUSDTM | +0.0100% | 4h | 0.4051 | −0.087% | $155K | $63K | 30x | as long as short |
| Bitget UMAUSDTshort | +0.0100% | 4h | 0.4051 | −0.087% | $977K | $68K | 50x | |
| BingX UMA-USDT | +0.0100% | 4h | 0.4056 | +0.036% | — | $2.3M | — | as long as short |
Hyperliquid UMA
Aster UMAUSDT
Bybit UMAUSDT
OKX UMA-USDT-SWAP
Gate UMA_USDT
MEXC UMA_USDT
KuCoin UMAUSDTM
BingX UMA-USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni UMA | +0.0100% | 4h | 0.4058 | +0.080% | $5K | $7 | — | as long as short |
| BloFin UMA-USDT | +0.0147% | 4h | 0.4058 | +0.086% | $74K | $7K | 50x | as long as short |
| Kraken Futures PF_UMAUSD | +0.1838% | 1h | 0.4064 | +0.242% | $14K | $6K | 10x | as long as short |
Variational Omni UMA
BloFin UMA-USDT
Kraken Futures PF_UMAUSD