Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against MEXC+0.001%7-day average +0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$91as in the Funding arb table
Net, price: spread back to 7d avg − costs−$92as in the Price arb table
costs, in and out, $10k−$910.914% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 4 days (all we have)−0.040%−$4 · spread now +0.001%, 7d avg +0.004%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC UMA_USDT | 0.4057 | 0.0100 | pay 0.0050% / 4h | 3h 39m | $214K | $171K | 50x |
| Short | Binance UMAUSDT | 0.4057 | 0.0100 | get 0.0050% / 4h | 3h 39m | $1.5M | $1.1M | 50x |
MEXC UMA_USDT
Binance UMAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against MEXC. 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: +0.001% → +0.004%
- −$0.27
- Slippage, 4 orders
- −$77.44
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$91.7
- Costs to cover
- 0.914%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 40 min ago; Binance: live order book, 9 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 MEXC live order book, 40 min ago | 1.23 bp | 15.3 bp −$15 | 74.6 bp −$746 | 131.7 bp −$13.2K | 398.2 bp −$199.1K |
| Sell Binance live order book, 9 min ago | 2.46 bp | 28.6 bp −$29 | 144.6 bp −$1,446 | doesn't fit | doesn't fit |
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 | 0.4062 | +0.113% | $215K | $65K | 3x | as long as short |
| Aster UMAUSDT | +0.0100% | 4h | 0.4057 | +0.002% | $25K | $769 | 5x | as long as short |
| Binance UMAUSDTshort | +0.0100% | 4h | 0.4057 | +0.001% | $1.5M | $1.1M | 50x | |
| Bybit UMAUSDT | +0.0100% | 4h | 0.4059 | +0.049% | $680K | $144K | 25x | as long as short |
| OKX UMA-USDT-SWAP | +0.0100% | 4h | 0.4059 | +0.049% | $316K | $232K | 10x | as long as short |
| Gate UMA_USDT | +0.0100% | 4h | 0.4060 | +0.074% | $78K | $41K | 25x | as long as short |
| MEXC UMA_USDTlong | +0.0100% | 4h | 0.4057 | long leg | $214K | $171K | 50x | |
| KuCoin UMAUSDTM | +0.0100% | 4h | 0.4056 | −0.025% | $155K | $62K | 30x | as long as short |
| Bitget UMAUSDT | +0.0100% | 4h | 0.4065 | +0.197% | $981K | $63K | 50x | as long as short |
| BingX UMA-USDT | +0.0100% | 4h | 0.4060 | +0.074% | — | $2.3M | — | as long as short |
Hyperliquid UMA
Aster UMAUSDT
Bybit 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 | 0.4060 | +0.082% | $5K | $1 | — | as long as short |
| BloFin UMA-USDT | +0.0151% | 4h | 0.4056 | −0.025% | $74K | $7K | 50x | as long as short |
| Kraken Futures PF_UMAUSD | +0.1711% | 1h | 0.4067 | +0.254% | $14K | $5K | 10x | as long as short |
Variational Omni UMA
BloFin UMA-USDT
Kraken Futures PF_UMAUSD