Settings8H · net · $10k
Funding arb · Price arb /

UAI

all UAI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0010%/8h= +1.1% APRnext payment +$0.05 per $10,000 · paid last 24h +0.105%
Price spread now: BloFin against Bybit+0.279%82s7-day average +0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$112as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1291.286% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.167%+$17 on $10k
Price spread, last 4 days (all we have)+0.318%+$32 · spread now +0.279%, 7d avg +0.032%
Together, before fees+0.485%+$49 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and BloFin is 0.247% dearer against Bybit than usual: you sell high and buy low: +$25 more if the spread goes back to its 7-day average of +0.032%. The two prices were read 82 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit UAIUSDT0.35790.0100pay 0.0050% / 4h1h 17m$3.3M$31.3M20x
ShortBloFin UAI-USDT0.35890.0110get 0.0055% / 4h1h 17m$774K$1.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Bybit. 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

Funding earned
$2.2
Price spread: +0.279% → +0.032%
$24.72
Slippage, 4 orders
−$105.63
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$101.71
Costs to cover
1.286%
Break-even
331.2 days
Slippage from Bybit: live order book, 1 min ago; BloFin: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 1 min ago5.60 bp47.0 bp −$47639.0 bp −$6,390doesn't fitdoesn't fit
Sell BloFin live order book, 5 min ago6.98 bp16.9 bp −$1755.9 bp −$559doesn't fitdoesn't fit

UAI on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin UAIUSDTM−0.0220%4h0.3581+0.050%$1.6M$3.1M50xas long as short
Aster UAIUSDT+0.0100%4h0.3582+0.083%$2.2M$1.0M5xas long as short
Binance UAIUSDT+0.0100%4h0.3582+0.083%$12.0M$136.4M50xas long as short
Bybit UAIUSDTlong+0.0100%4h0.3579long leg$3.3M$31.3M20x
Gate UAI_USDT+0.0100%8h0.3584+0.140%$2.2M$11.3M50xas long as short
MEXC UAI_USDT+0.0100%4h0.3585+0.168%$2.4M$9.6M50xas long as short
Bitget UAIUSDT+0.0100%4h0.3583+0.103%$3.8M$10.9M25xas long as short
BingX UAI-USDT+0.0100%4h0.3582+0.084%$11.4Mas long as short
Variational Omni UAI+0.0100%4h0.3563−0.437%$17K$96Kas long as short
edgeX UAIUSDC+0.0102%4h0.3589+0.288%$13K$346K10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin UAI-USDTshort+0.0110%4h0.3589+0.279%$774K$1.4M50x