Settings8H · net · $10k
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Funding arb · Price arb / Crypto

UMA

All UMA markets →
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
BingXUMA-USDT
0.3194+0.0100pay 0.0050% / 4h3h 58m$459K$701K—Long BingX
SHORT
BinanceUMAUSDT
0.3195+0.0100get 0.0050% / 4h3h 58m$1.0M$1.0M50xShort Binance
Price gap+0.031%
Funding gap0.0000% /8h

Funding is ≈ 0, so this is a price-spread trade: +$3 on $10k if the gap goes back to its 7d average.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$40.0000% /8h now · paid −0.041% over the last 7D
Price+$3spread +0.031% now, avg −0.002% → +0.033% if it goes back
Costs−$930.930% of $10k · taker + slippage, in and out
Result−$94−0.94%no points

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.031%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

UMA on 12 exchanges

lowest funding first

Before you open

2 ok · 3 to watch
  • Watch: Thin at this size17.0 / 25.7 bp
    At $10k entering Binance costs 25.7 bp, fee and slippage, 1.5× BingX’s.
  • Note: Margin at max leverage— + $200
    BingX —, Binance 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval4h / 4h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: $0.00Long BingX: 6 payments, −$3.00; short Binance: 6 payments, +$3.00.
  • OK: Entry gap works for you+0.031% vs −0.002%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Watch: Long leg is thinner$459K vs $1.0M OI
    BingX sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCBingX Yes · Binance Yes
    Advanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned−0.0020%/8h × 21 periods−$4.14
Price spread+0.031% → −0.002% (7d avg)+$3.28
Slippage, 4 orderslive order books−$72.96
Fee BingX bp × 2 orders−$10.00
Fee Binance bp × 2 orders−$10.00
Net · 7 days · $10k−$93.81
Costs to cover0.930%Break-evennever at this rate
Slippage: BingX: live order book, 13 min ago; Binance: live order book, 10 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBingX1.5617.0 bp−$1769.1 bp−$691515.8 bp−$51.6K963.4 bp−$481.7K
SELL · SHORTBinance1.5625.7 bp−$2679.7 bp−$797doesn’t fitdoesn’t fit

Closing costs about the same again.

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