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: MEXC against Bybit−0.074%7-day average −0.093% · you buy dearer than you sell
Net, funding: paid 7d − costs−$136as in the Funding arb table
Net, price: spread back to 7d avg − costs−$131as in the Price arb table
costs, in and out, $10k−$1331.330% of the position
Funding, last 7 days−0.032%−$3 on $10k
+Price spread, last 4 days (all we have)−0.043%−$4 · spread now −0.074%, 7d avg −0.093%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit UMAUSDT | 0.4055 | 0.0100 | pay 0.0050% / 4h | 26m 47s | $672K | $153K | 25x |
| Short | MEXC UMA_USDT | 0.4052 | 0.0100 | get 0.0050% / 4h | 26m 47s | $222K | $164K | 50x |
Bybit UMAUSDT
MEXC UMA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Bybit. 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: −0.074% → −0.093%
- $1.9
- Slippage, 4 orders
- −$117.98
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$131.07
- Costs to cover
- 1.330%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 23 min ago; MEXC: live order book, 13 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 Bybit live order book, 23 min ago | 7.44 bp | 52.7 bp −$53 | 263.1 bp −$2,631 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 13 min ago | 4.96 bp | 15.4 bp −$15 | 60.5 bp −$605 | 133.6 bp −$13.4K | 374.9 bp −$187.4K |
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 | 0.4055 | +0.002% | $215K | $67K | 3x | as long as short |
| Aster UMAUSDT | +0.0100% | 4h | 0.4052 | −0.070% | $25K | $2K | 5x | as long as short |
| Binance UMAUSDT | +0.0100% | 4h | 0.4052 | −0.070% | $1.5M | $1.2M | 50x | as long as short |
| Bybit UMAUSDTlong | +0.0100% | 4h | 0.4055 | long leg | $672K | $153K | 25x | |
| OKX UMA-USDT-SWAP | +0.0100% | 4h | 0.4051 | −0.099% | $315K | $242K | 10x | as long as short |
| Gate UMA_USDT | +0.0100% | 4h | 0.4047 | −0.197% | $78K | $45K | 25x | as long as short |
| MEXC UMA_USDTshort | +0.0100% | 4h | 0.4052 | −0.074% | $222K | $164K | 50x | |
| KuCoin UMAUSDTM | +0.0100% | 4h | 0.4052 | −0.074% | $156K | $63K | 30x | as long as short |
| Bitget UMAUSDT | +0.0100% | 4h | 0.4051 | −0.099% | $975K | $67K | 50x | as long as short |
| BingX UMA-USDT | +0.0100% | 4h | 0.4053 | −0.049% | — | $2.3M | — | as long as short |
Hyperliquid UMA
Aster UMAUSDT
Binance UMAUSDT
OKX UMA-USDT-SWAP
Gate UMA_USDT
KuCoin UMAUSDTM
Bitget UMAUSDT
BingX UMA-USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni UMA | +0.0100% | 4h | 0.4051 | −0.091% | $5K | $7 | — | as long as short |
| BloFin UMA-USDT | +0.0118% | 4h | 0.4054 | −0.025% | $75K | $8K | 50x | as long as short |
| Kraken Futures PF_UMAUSD | +0.2337% | 1h | 0.4072 | +0.413% | $14K | $6K | 10x | as long as short |
Variational Omni UMA
BloFin UMA-USDT
Kraken Futures PF_UMAUSD