Settings8H · net · $10k
Funding arb · Price arb /

UMA

all UMA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0055%/8h= −6.1% APRnext payment $0.28 per $10,000 · paid last 24h +0.002%
Price spread now: BloFin against OKX+0.173%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.033%+$3 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. BloFin is 0.173% dearer against OKX than usual: you sell high and buy low (spread +0.173% now, against zero (this spread has no 7-day history yet)): +$17 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 10 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX UMA-USDT-SWAP0.40480.0100pay 0.0050% / 4h1h 14m$315K$238K10x
ShortBloFin UMA-USDT0.40550.0045get 0.0022% / 4h1h 14m$75K$8K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against OKX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$11.63
Price spread: +0.173% → 0.000%
$17.29
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$16.34
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: OKX: live order book, 46 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
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 46 min ago6.21 bp24.5 bp −$25doesn't fitdoesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin UMA-USDTshort+0.0045%4h0.4055+0.173%$75K$8K50x
Hyperliquid UMA+0.0100%1h0.4051+0.079%$214K$67K3xas long as short
Aster UMAUSDT+0.0100%4h0.4052+0.104%$25K$2K5xas long as short
Binance UMAUSDT+0.0100%4h0.4046−0.045%$1.5M$1.2M50xas long as short
Bybit UMAUSDT+0.0100%4h0.4047−0.025%$671K$157K25xas long as short
OKX UMA-USDT-SWAPlong+0.0100%4h0.4048long leg$315K$238K10x
Gate UMA_USDT+0.0100%4h0.4044−0.099%$78K$45K25xas long as short
MEXC UMA_USDT+0.0100%4h0.4042−0.148%$225K$163K50xas long as short
KuCoin UMAUSDTM+0.0100%4h0.4053+0.124%$157K$63K30xas long as short
Bitget UMAUSDT+0.0100%4h0.40480.000%$975K$67K50xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX UMA-USDT+0.0100%4h0.4052+0.099%$2.3Mas long as short
Variational Omni UMA+0.0100%4h0.4056+0.190%$5K$7as long as short
Kraken Futures PF_UMAUSD+0.2647%1h0.4059+0.272%$14K$6K10xas long as short