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: MEXC against OKX−0.049%7-day average −0.062% · you buy dearer than you sell
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−$930.933% of the position
Funding, last 7 days+0.023%+$2 on $10k
+Price spread, last 4 days (all we have)−0.055%−$5 · spread now −0.049%, 7d avg −0.062%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX UMA-USDT-SWAP | 0.4061 | 0.0100 | pay 0.0050% / 4h | 1h 58m | $315K | $239K | 10x |
| Short | MEXC UMA_USDT | 0.4059 | 0.0100 | get 0.0050% / 4h | 1h 58m | $223K | $164K | 50x |
OKX UMA-USDT-SWAP
MEXC UMA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: −0.049% → −0.062%
- $1.28
- Slippage, 4 orders
- −$79.35
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$92.07
- Costs to cover
- 0.933%
- Break-even
- never at this rate
Slippage from OKX: live order book, 47 min ago; MEXC: live order book, 31 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, 47 min ago | 2.47 bp | 26.6 bp −$27 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 31 min ago | 1.25 bp | 17.3 bp −$17 | 71.0 bp −$710 | 123.9 bp −$12.4K | 351.9 bp −$175.9K |
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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin UMA-USDT | +0.0072% | 4h | 0.4050 | −0.271% | $73K | $7K | 50x | as long as short |
| Hyperliquid UMA | +0.0100% | 1h | 0.4062 | +0.027% | $214K | $66K | 3x | as long as short |
| Aster UMAUSDT | +0.0100% | 4h | 0.4060 | −0.021% | $25K | $769 | 5x | as long as short |
| Binance UMAUSDT | +0.0100% | 4h | 0.4061 | 0.000% | $1.5M | $1.2M | 50x | as long as short |
| Bybit UMAUSDT | +0.0100% | 4h | 0.4063 | +0.049% | $677K | $149K | 25x | as long as short |
| OKX UMA-USDT-SWAPlong | +0.0100% | 4h | 0.4061 | long leg | $315K | $239K | 10x | |
| Gate UMA_USDT | +0.0100% | 4h | 0.4060 | −0.025% | $78K | $41K | 25x | as long as short |
| MEXC UMA_USDTshort | +0.0100% | 4h | 0.4059 | −0.049% | $223K | $164K | 50x | |
| KuCoin UMAUSDTM | +0.0100% | 4h | 0.4056 | −0.123% | $156K | $63K | 30x | as long as short |
| Bitget UMAUSDT | +0.0100% | 4h | 0.4059 | −0.049% | $979K | $67K | 50x | as long as short |
BloFin UMA-USDT
Hyperliquid UMA
Aster UMAUSDT
Binance UMAUSDT
Bybit UMAUSDT
Gate UMA_USDT
KuCoin UMAUSDTM
Bitget UMAUSDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX UMA-USDT | +0.0100% | 4h | 0.4058 | −0.074% | — | $2.3M | — | as long as short |
| Variational Omni UMA | +0.0100% | 4h | 0.4058 | −0.080% | $5K | $7 | — | as long as short |
| Kraken Futures PF_UMAUSD | +0.3546% | 1h | 0.4063 | +0.039% | $14K | $6K | 10x | as long as short |
BingX UMA-USDT
Variational Omni UMA
Kraken Futures PF_UMAUSD