Funding you earn now, next payment 08:00 UTC−0.0459%/8h= −50.2% APRpaid last 24h +0.011%
Price spread now: tradeXYZ against BloFin−0.050%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.129%−$13 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and tradeXYZ is 0.050% cheaper against BloFin than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.129% in total (about -6.8% 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 | BloFin URNM-USDT | 51.990 | 0.0011 | pay 0.0011% / 8h | 6m 59s | $53K | $2K | 20x |
| Short | tradeXYZ xyz:URNM | 51.964 | −0.0447 | pay 0.0056% / 1h | 6m 59s | $1.4M | $420K | 10x |
BloFin URNM-USDT
tradeXYZ xyz:URNMFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against BloFin. 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
- −$96.34
- Price spread: −0.050% → 0.000%
- −$5
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$131.34
- Costs to cover
- 0.300%
- Break-even
- never at this rate
Slippage unknown: BloFin: no order-book sample; tradeXYZ: live order book, 1 min ago. Net counts fees only.
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 BloFin no order-book sample | — | — | — | — | — |
| Sell tradeXYZ live order book, 1 min ago | 6.45 bp | 40.4 bp −$40 | doesn't fit | doesn't fit | doesn't fit |
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.
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 | −0.0447% | 1h | 51.964 | −0.050% | $1.4M | $420K | 10x | |
| Aster URNMUSDT | 0.0000% | 8h | 51.982 | −0.016% | $17K | $629 | 20x | as long as short |
| Binance URNMUSDT | 0.0000% | 8h | 51.989 | −0.001% | $719K | $700K | 20x | as long as short |
| OKX URNM-USDT-SWAP | 0.0000% | 8h | 51.990 | 0.000% | $207K | $94K | 20x | as long as short |
| Gate URNM_USDT | 0.0000% | 8h | 52.060 | +0.135% | $81K | $4K | 20x | as long as short |
| MEXC URNM_USDT | 0.0000% | 8h | 51.990 | 0.000% | $406K | $128K | 50x | as long as short |
| Variational Omni URNM | 0.0000% | 8h | 51.984 | −0.012% | $95K | $5K | — | as long as short |
| GRVT URNM_USDT_Perp | 0.0000% | 8h | 51.980 | −0.019% | $1K | $121K | 10x | as long as short |
| SunX URNM-USDT | 0.0000% | 8h | 51.960 | −0.058% | $973 | $1.1M | 10x | as long as short |
| HTX URNM-USDT | 0.0000% | 8h | 51.930 | −0.115% | $5K | $3K | 10x | as long as short |
Aster URNMUSDT
Binance 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-USDTlong | +0.0011% | 8h | 51.990 | long leg | $53K | $2K | 20x | |
| Ondo Perps URNM-USD.P | +0.0050% | 1h | 52.020 | +0.058% | $2K | $3K | 5x | as long as short |
| Pacifica URNM | +0.0100% | 1h | 51.983 | −0.013% | $26K | $13K | 10x | as long as short |
Ondo Perps URNM-USD.P
Pacifica URNM