Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against MEXC+0.099%7-day average +0.092% · you sell dearer than you buy
Net, funding: paid 7d − costs−$127as in the Funding arb table
Net, price: spread back to 7d avg − costs−$130as in the Price arb table
costs, in and out, $10k−$1311.305% of the position
Funding, last 7 days+0.032%+$3 on $10k
+Price spread, last 4 days (all we have)+0.031%+$3 · spread now +0.099%, 7d avg +0.092%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC UMA_USDT | 0.4060 | 0.0100 | pay 0.0050% / 4h | 3h 31m | $254K | $166K | 50x |
| Short | Bybit UMAUSDT | 0.4064 | 0.0100 | get 0.0050% / 4h | 3h 31m | $674K | $149K | 25x |
MEXC UMA_USDT
Bybit UMAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: +0.099% → +0.092%
- $0.68
- Slippage, 4 orders
- −$115.53
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$129.85
- Costs to cover
- 1.305%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 3 min ago; Bybit: live order book, 14 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, 3 min ago | 2.47 bp | 14.1 bp −$14 | 67.1 bp −$671 | 115.6 bp −$11.6K | 369.8 bp −$184.9K |
| Sell Bybit live order book, 14 min ago | 4.92 bp | 37.8 bp −$38 | 199.7 bp −$1,997 | 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 | 0.4067 | +0.167% | $215K | $67K | 3x | as long as short |
| Aster UMAUSDT | +0.0100% | 4h | 0.4062 | +0.043% | $25K | $769 | 5x | as long as short |
| Binance UMAUSDT | +0.0100% | 4h | 0.4063 | +0.083% | $1.5M | $1.2M | 50x | as long as short |
| Bybit UMAUSDTshort | +0.0100% | 4h | 0.4064 | +0.099% | $674K | $149K | 25x | |
| OKX UMA-USDT-SWAP | +0.0100% | 4h | 0.4067 | +0.172% | $316K | $243K | 10x | as long as short |
| Gate UMA_USDT | +0.0100% | 4h | 0.4056 | −0.099% | $78K | $45K | 25x | as long as short |
| MEXC UMA_USDTlong | +0.0100% | 4h | 0.4060 | long leg | $254K | $166K | 50x | |
| KuCoin UMAUSDTM | +0.0100% | 4h | 0.4056 | −0.099% | $156K | $62K | 30x | as long as short |
| Bitget UMAUSDT | +0.0100% | 4h | 0.4069 | +0.222% | $979K | $65K | 50x | as long as short |
| BingX UMA-USDT | +0.0100% | 4h | 0.4056 | −0.099% | — | $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 | 0.4058 | −0.054% | $5K | $7 | — | as long as short |
| BloFin UMA-USDT | +0.0151% | 4h | 0.4054 | −0.148% | $75K | $7K | 50x | as long as short |
| Kraken Futures PF_UMAUSD | +0.2082% | 1h | 0.4072 | +0.296% | $14K | $6K | 10x | as long as short |
Variational Omni UMA
BloFin UMA-USDT
Kraken Futures PF_UMAUSD