Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against OKX+0.075%7-day average +0.059% · you sell dearer than you buy
Net, funding: paid 7d − costs−$120as in the Funding arb table
Net, price: spread back to 7d avg − costs−$126as in the Price arb table
costs, in and out, $10k−$1271.273% of the position
Funding, last 7 days+0.070%+$7 on $10k
+Price spread, last 4 days (all we have)+0.008%+$1 · spread now +0.075%, 7d avg +0.059%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX UMA-USDT-SWAP | 0.4002 | 0.0100 | pay 0.0050% / 4h | 2h 54m | $311K | $242K | 10x |
| Short | Bitget UMAUSDT | 0.4005 | 0.0100 | get 0.0050% / 4h | 2h 54m | $966K | $71K | 50x |
OKX UMA-USDT-SWAP
Bitget UMAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against OKX. 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: +0.075% → +0.059%
- $1.55
- Slippage, 4 orders
- −$105.32
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$125.76
- Costs to cover
- 1.273%
- Break-even
- never at this rate
Slippage from OKX: live order book, 11 min ago; Bitget: live order book, 11 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 OKX live order book, 11 min ago | 3.71 bp | 28.8 bp −$29 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 11 min ago | 9.89 bp | 26.7 bp −$27 | 159.5 bp −$1,595 | 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 | 0.4003 | +0.020% | $212K | $68K | 3x | as long as short |
| Aster UMAUSDT | +0.0100% | 4h | 0.4001 | −0.014% | $24K | $2K | 5x | as long as short |
| Binance UMAUSDT | +0.0100% | 4h | 0.4000 | −0.057% | $1.5M | $1.3M | 50x | as long as short |
| Bybit UMAUSDT | +0.0100% | 4h | 0.4002 | 0.000% | $664K | $168K | 25x | as long as short |
| OKX UMA-USDT-SWAPlong | +0.0100% | 4h | 0.4002 | long leg | $311K | $242K | 10x | |
| Gate UMA_USDT | +0.0100% | 4h | 0.4015 | +0.325% | $77K | $46K | 25x | as long as short |
| MEXC UMA_USDT | +0.0100% | 4h | 0.4000 | −0.050% | $231K | $167K | 50x | as long as short |
| KuCoin UMAUSDTM | +0.0100% | 4h | 0.4000 | −0.050% | $162K | $62K | 30x | as long as short |
| Bitget UMAUSDTshort | +0.0100% | 4h | 0.4005 | +0.075% | $966K | $71K | 50x | |
| BingX UMA-USDT | +0.0100% | 4h | 0.4000 | −0.050% | — | $2.3M | — | as long as short |
Hyperliquid UMA
Aster UMAUSDT
Binance UMAUSDT
Bybit UMAUSDT
Gate UMA_USDT
MEXC UMA_USDT
KuCoin UMAUSDTM
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 | 0.4004 | +0.047% | $5K | $7 | — | as long as short |
| BloFin UMA-USDT | +0.0122% | 4h | 0.4003 | +0.025% | $74K | $6K | 50x | as long as short |
| Kraken Futures PF_UMAUSD | +0.2500% | 1h | 0.4025 | +0.579% | $14K | $6K | 10x | as long as short |
Variational Omni UMA
BloFin UMA-USDT
Kraken Futures PF_UMAUSD