Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against BingX+0.025%7-day average +0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$125as in the Funding arb table
Net, price: spread back to 7d avg − costs−$125as in the Price arb table
costs, in and out, $10k−$1241.241% of the position
Funding, last 7 days−0.005%−$1 on $10k
+Price spread, last 7 days+0.039%+$4 · spread now +0.025%, 7d avg +0.033%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX UMA-USDT | 0.4021 | 0.0100 | pay 0.0050% / 4h | 2h 11m | — | $2.3M | — |
| Short | Bitget UMAUSDT | 0.4022 | 0.0100 | get 0.0050% / 4h | 2h 11m | $969K | $71K | 50x |
BingX UMA-USDT
Bitget UMAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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: +0.025% → +0.033%
- −$0.82
- Slippage, 4 orders
- −$102.08
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$124.9
- Costs to cover
- 1.241%
- Break-even
- never at this rate
Slippage from BingX: live order book, 7 min ago; Bitget: live order book, 55 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, 7 min ago | 8.70 bp | 29.8 bp −$30 | 82.7 bp −$827 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 55 min ago | 9.89 bp | 26.7 bp −$27 | 159.5 bp −$1,595 | doesn't fit | doesn't fit |
UMA on 12 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 | 0.4026 | +0.119% | $213K | $68K | 3x | as long as short |
| Aster UMAUSDT | +0.0100% | 4h | 0.4023 | +0.038% | $24K | $2K | 5x | as long as short |
| Binance UMAUSDT | +0.0100% | 4h | 0.4022 | +0.023% | $1.5M | $1.3M | 50x | as long as short |
| Bybit UMAUSDT | +0.0100% | 4h | 0.4022 | +0.025% | $667K | $163K | 25x | as long as short |
| OKX UMA-USDT-SWAP | +0.0100% | 4h | 0.4020 | −0.025% | $313K | $241K | 10x | as long as short |
| Gate UMA_USDT | +0.0100% | 4h | 0.4024 | +0.075% | $78K | $46K | 25x | as long as short |
| MEXC UMA_USDT | +0.0100% | 4h | 0.4020 | −0.025% | $223K | $171K | 50x | as long as short |
| KuCoin UMAUSDTM | +0.0100% | 4h | 0.4020 | −0.025% | $163K | $62K | 30x | as long as short |
| Bitget UMAUSDTshort | +0.0100% | 4h | 0.4022 | +0.025% | $969K | $71K | 50x | |
| BingX UMA-USDTlong | +0.0100% | 4h | 0.4021 | long leg | — | $2.3M | — |
Hyperliquid UMA
Aster UMAUSDT
Binance UMAUSDT
Bybit UMAUSDT
OKX UMA-USDT-SWAP
Gate UMA_USDT
MEXC UMA_USDT
KuCoin UMAUSDTMShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni UMA | +0.0100% | 4h | 0.4024 | +0.081% | $5K | $7 | — | as long as short |
| Kraken Futures PF_UMAUSD | +0.2499% | 1h | 0.4027 | +0.143% | $14K | $6K | 10x | as long as short |
Variational Omni UMA
Kraken Futures PF_UMAUSD