URNM

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0696%/8h= +76.2% APRnext payment +$6.96 per $10,000 · paid last 24h +0.003%

Price spread now: Binance against OKX−0.009%7-day average −0.079% · you buy dearer than you sell

Net, funding: paid 7d − costs−$207as in the Funding arb table

Net, price: spread back to 7d avg − costs−$189as in the Price arb table

costs, in and out, $10k−$1961.959% of the position

Long on OKX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.106%−$11 on $10k

Price spread, last 2 days (all we have)−0.140%−$14 · spread now −0.009%, 7d avg −0.079%

Together, before fees−0.246%−$25 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$21 a day on $10k at the current rate, and Binance is 0.069% dearer against OKX than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.079%. Mind the row above: over the last 7 days funding on this pair cost −0.106%, so the current rate has only just turned in your favour.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.106% in total (about -5.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$6.96 per $10,000. 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	OKX URNM-USDT-SWAP	52.080	0	get 0.0000% / 8h	7h 54m	$216K	$89K	20x
Short	Binance URNMUSDT	52.075	0.0696	get 0.0696% / 8h	7h 54m	$729K	$813K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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

Position, each leg$Hold fordaysFee OKXbpFee BinancebpOrdersPrice spread, now −0.009%Rate

Funding earned: $146.2
Price spread: −0.009% → −0.079%: $6.92
Slippage, 4 orders: −$175.89
Fee OKX: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$42.78
Costs to cover: 1.959%
Break-even: 9.0 days

Slippage from OKX: live order book, 15 min ago; Binance: live order book, 53 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, 15 min ago	0.96 bp	68.4 bp −$68	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 53 min ago	1.92 bp	21.9 bp −$22	115.5 bp −$1,155	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
Aster URNMUSDT	0.0000%	8h	52.054	−0.051%	$17K	$629	20x	as long as short
OKX URNM-USDT-SWAPlong	0.0000%	8h	52.080	long leg	$216K	$89K	20x
Gate URNM_USDT	0.0000%	8h	52.070	−0.019%	$81K	$3K	20x	as long as short
SunX URNM-USDT	0.0000%	8h	52.020	−0.115%	$794	$1.6M	10x	as long as short
HTX URNM-USDT	0.0000%	8h	52.030	−0.096%	$5K	$3K	10x	as long as short
BloFin URNM-USDT	+0.0019%	8h	52.210	+0.250%	$53K	$2K	20x	as long as short
tradeXYZ xyz:URNM	+0.0050%	1h	52.044	−0.069%	$1.4M	$456K	10x	as long as short
Ondo Perps URNM-USD.P	+0.0050%	1h	52.120	+0.077%	$2K	$4K	5x	as long as short
Pacifica URNM	+0.0100%	1h	52.069	−0.022%	$25K	$13K	10x	as long as short
GRVT URNM_USDT_Perp	+0.0416%	8h	52.100	+0.038%	$1K	$124K	10x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni URNM	+0.0430%	8h	52.078	−0.004%	$93K	$3K	—	as long as short
Binance URNMUSDTshort	+0.0696%	8h	52.075	−0.009%	$729K	$813K	20x
MEXC URNM_USDT	+0.0697%	8h	52.080	0.000%	$411K	$133K	50x	as long as short