Funding you earn now, next payment 04:00 UTC−0.0034%/8h= −3.7% APRnext payment −$0.17 per $10,000 · paid last 24h +0.002%
Price spread now: BloFin against Binance+0.169%71s7-day average −0.049% · you sell dearer than you buy
Net, funding: paid 7d − costs−$94as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$950.955% of the position
Funding, last 7 days+0.012%+$1 on $10k
+Price spread, last 4 days (all we have)+1.067%+$107 · spread now +0.169%, 7d avg −0.049%
=The price spread pays, funding is against you. BloFin is 0.218% dearer against Binance than usual: you sell high and buy low (spread +0.169% now, against its 7-day average of −0.049%): +$22 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 21 days. The two prices were read 71 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance UAIUSDT | 0.3712 | 0.0100 | pay 0.0050% / 4h | 40m 11s | $12.2M | $137.0M | 50x |
| Short | BloFin UAI-USDT | 0.3718 | 0.0066 | get 0.0033% / 4h | 40m 11s | $810K | $1.4M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$7.15
- Price spread: +0.169% → −0.049%
- $21.79
- Slippage, 4 orders
- −$73.49
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$80.86
- Costs to cover
- 0.955%
- Break-even
- never at this rate
Slippage from Binance: live order book, 3 min ago; BloFin: live order book, 2 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, 3 min ago | 2.69 bp | 25.6 bp −$26 | 192.0 bp −$1,920 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 2 min ago | 4.04 bp | 21.6 bp −$22 | 94.0 bp −$940 | doesn't fit | doesn't fit |
UAI on 11 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 UAI-USDTshort | +0.0066% | 4h | 0.3718 | +0.169% | $810K | $1.4M | 50x | |
| Aster UAIUSDT | +0.0100% | 4h | 0.3717 | +0.146% | $2.3M | $1.1M | 5x | as long as short |
| Binance UAIUSDTlong | +0.0100% | 4h | 0.3712 | long leg | $12.2M | $137.0M | 50x | |
| Bybit UAIUSDT | +0.0100% | 4h | 0.3712 | +0.007% | $3.2M | $31.4M | 20x | as long as short |
| Gate UAI_USDT | +0.0100% | 8h | 0.3708 | −0.109% | $2.1M | $10.9M | 50x | as long as short |
| MEXC UAI_USDT | +0.0100% | 4h | 0.3714 | +0.061% | $2.1M | $9.4M | 50x | as long as short |
| KuCoin UAIUSDTM | +0.0100% | 4h | 0.3707 | −0.136% | $1.8M | $3.3M | 50x | as long as short |
| Bitget UAIUSDT | +0.0100% | 4h | 0.3711 | −0.017% | $3.9M | $11.0M | 25x | as long as short |
| BingX UAI-USDT | +0.0100% | 4h | 0.3708 | −0.101% | — | $11.5M | — | as long as short |
| Variational Omni UAI | +0.0100% | 4h | 0.3711 | −0.025% | $15K | $78K | — | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX UAIUSDC | +0.0101% | 4h | 0.3729 | +0.456% | $13K | $361K | 10x | as long as short |
Binance UAIUSDT
BloFin UAI-USDT
Aster UAIUSDT
Bybit UAIUSDT
Gate UAI_USDT
MEXC UAI_USDT
KuCoin UAIUSDTM
Bitget UAIUSDT
BingX UAI-USDT
Variational Omni UAI
edgeX UAIUSDC