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: BingX against Bitget−0.049%7-day average −0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$123as in the Funding arb table
Net, price: spread back to 7d avg − costs−$125as in the Price arb table
costs, in and out, $10k−$1241.236% of the position
Funding, last 7 days+0.005%+$1 on $10k
+Price spread, last 7 days+0.004%$0 · spread now −0.049%, 7d avg −0.032%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget UMAUSDT | 0.4059 | 0.0100 | pay 0.0050% / 4h | 1h 20m | $978K | $67K | 50x |
| Short | BingX UMA-USDT | 0.4057 | 0.0100 | get 0.0050% / 4h | 1h 20m | — | $2.3M | — |
Bitget UMAUSDT
BingX UMA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Bitget. 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: −0.049% → −0.032%
- −$1.7
- Slippage, 4 orders
- −$101.64
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$125.34
- Costs to cover
- 1.236%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 41 min ago; BingX: live order book, 3 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 Bitget live order book, 41 min ago | 8.69 bp | 37.2 bp −$37 | 229.4 bp −$2,294 | doesn't fit | doesn't fit |
| Sell BingX live order book, 3 min ago | 6.17 bp | 29.0 bp −$29 | 76.3 bp −$763 | 834.6 bp −$83.5K | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin UMA-USDT | +0.0076% | 4h | 0.4044 | −0.370% | $75K | $8K | 50x | as long as short |
| Hyperliquid UMA | +0.0100% | 1h | 0.4058 | −0.030% | $215K | $67K | 3x | as long as short |
| Aster UMAUSDT | +0.0100% | 4h | 0.4057 | −0.060% | $25K | $2K | 5x | as long as short |
| Binance UMAUSDT | +0.0100% | 4h | 0.4055 | −0.093% | $1.5M | $1.2M | 50x | as long as short |
| Bybit UMAUSDT | +0.0100% | 4h | 0.4057 | −0.049% | $672K | $157K | 25x | as long as short |
| OKX UMA-USDT-SWAP | +0.0100% | 4h | 0.4055 | −0.099% | $316K | $236K | 10x | as long as short |
| Gate UMA_USDT | +0.0100% | 4h | 0.4049 | −0.246% | $78K | $45K | 25x | as long as short |
| MEXC UMA_USDT | +0.0100% | 4h | 0.4054 | −0.123% | $225K | $163K | 50x | as long as short |
| KuCoin UMAUSDTM | +0.0100% | 4h | 0.4054 | −0.123% | $157K | $63K | 30x | as long as short |
| Bitget UMAUSDTlong | +0.0100% | 4h | 0.4059 | long leg | $978K | $67K | 50x |
BloFin UMA-USDT
Hyperliquid UMA
Aster UMAUSDT
Binance UMAUSDT
Bybit UMAUSDT
OKX UMA-USDT-SWAP
Gate UMA_USDT
MEXC UMA_USDT
KuCoin UMAUSDTMShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX UMA-USDTshort | +0.0100% | 4h | 0.4057 | −0.049% | — | $2.3M | — | |
| Variational Omni UMA | +0.0100% | 4h | 0.4060 | +0.031% | $5K | $7 | — | as long as short |
| Kraken Futures PF_UMAUSD | +0.2640% | 1h | 0.4069 | +0.243% | $14K | $6K | 10x | as long as short |
Variational Omni UMA
Kraken Futures PF_UMAUSD