UMA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0051%/8h= +5.6% APRnext payment +$0.26 per $10,000 · paid last 24h +0.001%

Price spread now: BloFin against BingX−0.049%66s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on BingX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.038%−$4 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. BloFin is 0.049% cheaper against BingX than usual: you would sell low and buy high (spread −0.049% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 3.2 days of funding at the current rate (+$2 a day). The two prices were read 66 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX UMA-USDT	0.4056	0.0100	pay 0.0050% / 4h	3h 32m	—	$2.3M	—
Short	BloFin UMA-USDT	0.4054	0.0151	get 0.0076% / 4h	3h 32m	$75K	$7K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against BingX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BingXbpFee BloFinbpOrdersPrice spread, now −0.049%Rate

Funding earned: $10.78
Price spread: −0.049% → 0.000%: −$4.93
Slippage, 4 orders: no order book: not counted
Fee BingX: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$16.15
Costs to cover: 0.220%
Break-even: 17.5 days

Slippage unknown: BingX: live order book, 1 min ago; 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 BingX live order book, 1 min ago	9.86 bp	33.5 bp −$34	77.1 bp −$771	1182.1 bp −$118.2K	1426.4 bp −$713.2K
Sell BloFin no order-book sample	—	—	—	—	—

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
Hyperliquid UMA	+0.0100%	1h	0.4057	+0.020%	$214K	$67K	3x	as long as short
Aster UMAUSDT	+0.0100%	4h	0.4056	−0.009%	$25K	$769	5x	as long as short
Binance UMAUSDT	+0.0100%	4h	0.4053	−0.074%	$1.5M	$1.2M	50x	as long as short
Bybit UMAUSDT	+0.0100%	4h	0.4055	−0.025%	$672K	$149K	25x	as long as short
OKX UMA-USDT-SWAP	+0.0100%	4h	0.4055	−0.025%	$315K	$242K	10x	as long as short
Gate UMA_USDT	+0.0100%	4h	0.4056	0.000%	$78K	$45K	25x	as long as short
MEXC UMA_USDT	+0.0100%	4h	0.4053	−0.074%	$254K	$166K	50x	as long as short
KuCoin UMAUSDTM	+0.0100%	4h	0.4056	0.000%	$156K	$62K	30x	as long as short
Bitget UMAUSDT	+0.0100%	4h	0.4057	+0.025%	$976K	$64K	50x	as long as short
BingX UMA-USDTlong	+0.0100%	4h	0.4056	long leg	—	$2.3M	—

Show 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	+0.044%	$5K	$7	—	as long as short
BloFin UMA-USDTshort	+0.0151%	4h	0.4054	−0.049%	$75K	$7K	50x
Kraken Futures PF_UMAUSD	+0.2088%	1h	0.4061	+0.132%	$14K	$6K	10x	as long as short