Settings8H · net · $10k
Funding arb · Price arb /

UMA

all UMA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0043%/8h= −4.7% APRnext payment $0.21 per $10,000 · paid last 24h +0.002%
Price spread now: BloFin against Gate+0.247%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.042%−$4 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. BloFin is 0.247% dearer against Gate than usual: you sell high and buy low (spread +0.247% now, against zero (this spread has no 7-day history yet)): +$25 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 19 days. At the pace of the last 7 days (−0.042% in total) that is about 42 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate UMA_USDT0.40440.0100pay 0.0050% / 4h1h 17m$78K$45K25x
ShortBloFin UMA-USDT0.40540.0057get 0.0029% / 4h1h 17m$75K$8K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Gate. 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

Funding earned
−$8.99
Price spread: +0.247% → 0.000%
$24.73
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$11.26
Costs to cover
0.270%
Break-even
never at this rate
Slippage unknown: Gate: no order-book sample; 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
LegHalf-spread$10k$100k$1M$5M
Buy Gate no order-book sample
Sell BloFin no order-book sample
Gate and 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin UMA-USDTshort+0.0057%4h0.4054+0.247%$75K$8K50x
Hyperliquid UMA+0.0100%1h0.4051+0.163%$214K$67K3xas long as short
Aster UMAUSDT+0.0100%4h0.4052+0.192%$25K$2K5xas long as short
Binance UMAUSDT+0.0100%4h0.4049+0.116%$1.5M$1.2M50xas long as short
Bybit UMAUSDT+0.0100%4h0.4054+0.247%$672K$157K25xas long as short
OKX UMA-USDT-SWAP+0.0100%4h0.4048+0.099%$315K$236K10xas long as short
Gate UMA_USDTlong+0.0100%4h0.4044long leg$78K$45K25x
MEXC UMA_USDT+0.0100%4h0.4049+0.124%$225K$163K50xas long as short
KuCoin UMAUSDTM+0.0100%4h0.4048+0.099%$156K$63K30xas long as short
Bitget UMAUSDT+0.0100%4h0.4052+0.198%$976K$67K50xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX UMA-USDT+0.0100%4h0.4050+0.148%$2.3Mas long as short
Variational Omni UMA+0.0100%4h0.4060+0.402%$5K$7as long as short
Kraken Futures PF_UMAUSD+0.2646%1h0.4060+0.402%$14K$6K10xas long as short