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: Gate against Bitget+0.050%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.005%+$1 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.050% dearer against Bitget than usual: you sell high and buy low, +$5 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget UMAUSDT | 0.4022 | 0.0100 | pay 0.0050% / 4h | 2h 12m | $969K | $71K | 50x |
| Short | Gate UMA_USDT | 0.4024 | 0.0100 | get 0.0050% / 4h | 2h 12m | $78K | $46K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: +0.050% → 0.000%
- $4.97
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$22.03
- Costs to cover
- 0.270%
- Break-even
- never at this rate
Slippage unknown: Bitget: live order book, 54 min ago; Gate: 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 Bitget live order book, 54 min ago | 9.89 bp | 36.4 bp −$36 | 204.8 bp −$2,048 | doesn't fit | doesn't fit |
| Sell Gate no order-book sample | — | — | — | — | — |
Gate: 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 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 | +0.094% | $213K | $68K | 3x | as long as short |
| Aster UMAUSDT | +0.0100% | 4h | 0.4022 | +0.004% | $24K | $2K | 5x | as long as short |
| Binance UMAUSDT | +0.0100% | 4h | 0.4020 | −0.049% | $1.5M | $1.3M | 50x | as long as short |
| Bybit UMAUSDT | +0.0100% | 4h | 0.4022 | 0.000% | $667K | $163K | 25x | as long as short |
| OKX UMA-USDT-SWAP | +0.0100% | 4h | 0.4022 | 0.000% | $313K | $242K | 10x | as long as short |
| Gate UMA_USDTshort | +0.0100% | 4h | 0.4024 | +0.050% | $78K | $46K | 25x | |
| MEXC UMA_USDT | +0.0100% | 4h | 0.4020 | −0.050% | $223K | $171K | 50x | as long as short |
| KuCoin UMAUSDTM | +0.0100% | 4h | 0.4019 | −0.075% | $163K | $62K | 30x | as long as short |
| Bitget UMAUSDTlong | +0.0100% | 4h | 0.4022 | long leg | $969K | $71K | 50x | |
| BingX UMA-USDT | +0.0100% | 4h | 0.4021 | −0.025% | — | $2.3M | — | as long as short |
Show 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 | +0.056% | $5K | $7 | — | as long as short |
| Kraken Futures PF_UMAUSD | +0.2499% | 1h | 0.4027 | +0.122% | $14K | $6K | 10x | as long as short |
Bitget UMAUSDT
Gate UMA_USDT
Hyperliquid UMA
Aster UMAUSDT
Binance UMAUSDT
Bybit UMAUSDT
OKX UMA-USDT-SWAP
MEXC UMA_USDT
KuCoin UMAUSDTM
BingX UMA-USDT
Variational Omni UMA
Kraken Futures PF_UMAUSD