UMA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0021%/8h= +2.2% APRnext payment +$0.10 per $10,000 · paid last 24h +0.001%

Price spread now: BloFin against KuCoin−0.148%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on KuCoin Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.038%−$4 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. BloFin is 0.148% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.148% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$15 on $10k: about 24 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin UMAUSDTM	0.4047	0.0100	pay 0.0050% / 4h	22m 58s	$156K	$62K	30x
Short	BloFin UMA-USDT	0.4041	0.0121	get 0.0060% / 4h	22m 58s	$74K	$7K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against KuCoin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee KuCoinbpFee BloFinbpOrdersPrice spread, now −0.148%Rate

Funding earned: $4.31
Price spread: −0.148% → 0.000%: −$14.83
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$34.52
Costs to cover: 0.240%
Break-even: 63.1 days

Slippage unknown: KuCoin: live order book, 8 min ago; 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 KuCoin live order book, 8 min ago	11.12 bp	455.8 bp −$456	doesn't fit	doesn't fit	doesn't fit
Sell BloFin no order-book sample	—	—	—	—	—

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
Hyperliquid UMA	+0.0100%	1h	0.4053	+0.153%	$213K	$63K	3x	as long as short
Aster UMAUSDT	+0.0100%	4h	0.4048	+0.024%	$25K	$769	5x	as long as short
Binance UMAUSDT	+0.0100%	4h	0.4049	+0.047%	$1.5M	$1.2M	50x	as long as short
Bybit UMAUSDT	+0.0100%	4h	0.4049	+0.049%	$679K	$142K	25x	as long as short
OKX UMA-USDT-SWAP	+0.0100%	4h	0.4051	+0.099%	$315K	$236K	10x	as long as short
Gate UMA_USDT	+0.0100%	4h	0.4051	+0.099%	$77K	$41K	25x	as long as short
MEXC UMA_USDT	+0.0100%	4h	0.4050	+0.074%	$213K	$172K	50x	as long as short
KuCoin UMAUSDTMlong	+0.0100%	4h	0.4047	long leg	$156K	$62K	30x
Bitget UMAUSDT	+0.0100%	4h	0.4056	+0.222%	$979K	$65K	50x	as long as short
BingX UMA-USDT	+0.0100%	4h	0.4048	+0.025%	—	$2.3M	—	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni UMA	+0.0100%	4h	0.4046	−0.018%	$5K	$7	—	as long as short
BloFin UMA-USDTshort	+0.0121%	4h	0.4041	−0.148%	$74K	$7K	50x
Kraken Futures PF_UMAUSD	+0.1934%	1h	0.4060	+0.329%	$14K	$5K	10x	as long as short