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
Funding, last 7 days−0.042%−$4 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate UMA_USDT | 0.4044 | 0.0100 | pay 0.0050% / 4h | 1h 17m | $78K | $45K | 25x |
| Short | BloFin UMA-USDT | 0.4054 | 0.0057 | get 0.0029% / 4h | 1h 17m | $75K | $8K | 50x |
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 itlatest
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| Leg | Half-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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin UMA-USDTshort | +0.0057% | 4h | 0.4054 | +0.247% | $75K | $8K | 50x | |
| Hyperliquid UMA | +0.0100% | 1h | 0.4051 | +0.163% | $214K | $67K | 3x | as long as short |
| Aster UMAUSDT | +0.0100% | 4h | 0.4052 | +0.192% | $25K | $2K | 5x | as long as short |
| Binance UMAUSDT | +0.0100% | 4h | 0.4049 | +0.116% | $1.5M | $1.2M | 50x | as long as short |
| Bybit UMAUSDT | +0.0100% | 4h | 0.4054 | +0.247% | $672K | $157K | 25x | as long as short |
| OKX UMA-USDT-SWAP | +0.0100% | 4h | 0.4048 | +0.099% | $315K | $236K | 10x | as long as short |
| Gate UMA_USDTlong | +0.0100% | 4h | 0.4044 | long leg | $78K | $45K | 25x | |
| MEXC UMA_USDT | +0.0100% | 4h | 0.4049 | +0.124% | $225K | $163K | 50x | as long as short |
| KuCoin UMAUSDTM | +0.0100% | 4h | 0.4048 | +0.099% | $156K | $63K | 30x | as long as short |
| Bitget UMAUSDT | +0.0100% | 4h | 0.4052 | +0.198% | $976K | $67K | 50x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX UMA-USDT | +0.0100% | 4h | 0.4050 | +0.148% | — | $2.3M | — | as long as short |
| Variational Omni UMA | +0.0100% | 4h | 0.4060 | +0.402% | $5K | $7 | — | as long as short |
| Kraken Futures PF_UMAUSD | +0.2646% | 1h | 0.4060 | +0.402% | $14K | $6K | 10x | as long as short |
Gate UMA_USDT
BloFin UMA-USDT
Hyperliquid UMA
Aster UMAUSDT
Binance UMAUSDT
Bybit UMAUSDT
OKX UMA-USDT-SWAP
MEXC UMA_USDT
KuCoin UMAUSDTM
Bitget UMAUSDT
BingX UMA-USDT
Variational Omni UMA
Kraken Futures PF_UMAUSD