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: Binance against BingX−0.063%7-day average −0.059% · you buy dearer than you sell
Net, funding: paid 7d − costs−$128as in the Funding arb table
Net, price: spread back to 7d avg − costs−$125as in the Price arb table
costs, in and out, $10k−$1251.246% of the position
Funding, last 7 days−0.032%−$3 on $10k
+Price spread, last 7 days+0.054%+$5 · spread now −0.063%, 7d avg −0.059%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX UMA-USDT | 0.4034 | 0.0100 | pay 0.0050% / 4h | 2h 43m | — | $2.3M | — |
| Short | Binance UMAUSDT | 0.4031 | 0.0100 | get 0.0050% / 4h | 2h 43m | $1.5M | $1.2M | 50x |
BingX UMA-USDT
Binance UMAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BingX. 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: −0.063% → −0.059%
- −$0.4
- Slippage, 4 orders
- −$104.62
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$125.02
- Costs to cover
- 1.246%
- Break-even
- never at this rate
Slippage from BingX: live order book, 10 min ago; Binance: live order book, 5 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 BingX live order book, 10 min ago | 8.65 bp | 30.9 bp −$31 | 79.4 bp −$794 | 1216.2 bp −$121.6K | 1454.9 bp −$727.5K |
| Sell Binance live order book, 5 min ago | 2.47 bp | 31.7 bp −$32 | 119.3 bp −$1,193 | 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 | 0.4037 | +0.067% | $213K | $68K | 3x | as long as short |
| Aster UMAUSDT | +0.0100% | 4h | 0.4036 | +0.048% | $24K | $769 | 5x | as long as short |
| Binance UMAUSDTshort | +0.0100% | 4h | 0.4031 | −0.063% | $1.5M | $1.2M | 50x | |
| Bybit UMAUSDT | +0.0100% | 4h | 0.4037 | +0.074% | $672K | $151K | 25x | as long as short |
| OKX UMA-USDT-SWAP | +0.0100% | 4h | 0.4036 | +0.050% | $314K | $238K | 10x | as long as short |
| Gate UMA_USDT | +0.0100% | 4h | 0.4039 | +0.124% | $78K | $43K | 25x | as long as short |
| MEXC UMA_USDT | +0.0100% | 4h | 0.4031 | −0.074% | $250K | $162K | 50x | as long as short |
| KuCoin UMAUSDTM | +0.0100% | 4h | 0.4036 | +0.050% | $155K | $62K | 30x | as long as short |
| Bitget UMAUSDT | +0.0100% | 4h | 0.4042 | +0.198% | $975K | $68K | 50x | as long as short |
| BingX UMA-USDTlong | +0.0100% | 4h | 0.4034 | long leg | — | $2.3M | — |
Hyperliquid UMA
Aster 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni UMA | +0.0100% | 4h | 0.4049 | +0.367% | $5K | $7 | — | as long as short |
| BloFin UMA-USDT | +0.0125% | 4h | 0.4046 | +0.297% | $74K | $7K | 50x | as long as short |
| Kraken Futures PF_UMAUSD | +0.1846% | 1h | 0.4048 | +0.342% | $14K | $6K | 10x | as long as short |
Variational Omni UMA
BloFin UMA-USDT
Kraken Futures PF_UMAUSD