Funding you earn now, next payment 08:00 UTC−0.0442%/8h= −48.4% APRpaid last 24h −0.062%
Price spread now: tradeXYZ against Binance−0.049%7-day average −0.095% · you buy dearer than you sell
Net, funding: paid 7d − costs−$136as in the Funding arb table
Net, price: spread back to 7d avg − costs−$117as in the Price arb table
costs, in and out, $10k−$1221.221% of the position
Funding, last 7 days−0.136%−$14 on $10k
+Price spread, last 2 days (all we have)−0.021%−$2 · spread now −0.049%, 7d avg −0.095%
=Together, before fees−0.157%+ Points / potential airdroptradeXYZ: Active · farm board−$16 on $10k · with fees, hour by hour
The price spread pays, funding is against you. tradeXYZ is 0.046% dearer against Binance than usual: you sell high and buy low (spread −0.049% now, against its 7-day average of −0.095%): +$5 on $10k if it goes back. Holding the pair costs −$13 a day in funding at the current rate, which eats that in about 8 hours. At the pace of the last 7 days (−0.136% in total) that is about 2.4 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.136% in total (about -7.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance URNMUSDT | 51.989 | 0 | get 0.0000% / 8h | 2m 02s | $719K | $700K | 20x |
| Short | tradeXYZ xyz:URNM | 51.964 | −0.0442 | pay 0.0055% / 1h | 2m 02s | $1.4M | $420K | 10x |
Binance URNMUSDT
tradeXYZ xyz:URNMFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against Binance. 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
- −$92.91
- Price spread: −0.049% → −0.095%
- $4.62
- Slippage, 4 orders
- −$94.05
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$210.35
- Costs to cover
- 1.221%
- Break-even
- never at this rate
Slippage from Binance: live order book, 75 min ago; tradeXYZ: live order book, 5 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 Binance live order book, 75 min ago | 1.92 bp | 21.9 bp −$22 | 157.2 bp −$1,572 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 5 min ago | 6.45 bp | 40.4 bp −$40 | doesn't fit | doesn't fit | doesn't fit |
URNM 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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:URNMshort | −0.0442% | 1h | 51.964 | −0.049% | $1.4M | $420K | 10x | |
| Aster URNMUSDT | 0.0000% | 8h | 51.980 | −0.018% | $17K | $629 | 20x | as long as short |
| Binance URNMUSDTlong | 0.0000% | 8h | 51.989 | long leg | $719K | $700K | 20x | |
| OKX URNM-USDT-SWAP | 0.0000% | 8h | 51.990 | +0.001% | $207K | $93K | 20x | as long as short |
| Gate URNM_USDT | 0.0000% | 8h | 52.060 | +0.136% | $81K | $4K | 20x | as long as short |
| MEXC URNM_USDT | 0.0000% | 8h | 51.990 | +0.001% | $406K | $128K | 50x | as long as short |
| Variational Omni URNM | 0.0000% | 8h | 51.983 | −0.013% | $95K | $5K | — | as long as short |
| GRVT URNM_USDT_Perp | 0.0000% | 8h | 51.981 | −0.017% | $1K | $121K | 10x | as long as short |
| SunX URNM-USDT | 0.0000% | 8h | 51.950 | −0.076% | $1K | $1.1M | 10x | as long as short |
| HTX URNM-USDT | 0.0000% | 8h | 52.050 | +0.116% | $5K | $3K | 10x | as long as short |
Aster URNMUSDT
OKX URNM-USDT-SWAP
Gate URNM_USDT
MEXC URNM_USDT
Variational Omni URNM
GRVT URNM_USDT_Perp
SunX URNM-USDT
HTX URNM-USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin URNM-USDT | +0.0029% | 8h | 52.020 | +0.059% | $53K | $2K | 20x | as long as short |
| Ondo Perps URNM-USD.P | +0.0050% | 1h | 51.960 | −0.057% | $2K | $3K | 5x | as long as short |
| Pacifica URNM | +0.0100% | 1h | 51.987 | −0.005% | $26K | $13K | 10x | as long as short |
BloFin URNM-USDT
Ondo Perps URNM-USD.P
Pacifica URNM