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

UAI

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Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0234%/8h= −25.6% APRpaid last 24h +0.090%
Price spread now: BingX against Gate−0.092%7-day average +0.076% · you buy dearer than you sell
Net, funding: paid 7d − costs−$131as in the Funding arb table
Net, price: spread back to 7d avg − costs−$168as in the Price arb table
costs, in and out, $10k−$1511.510% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.197%+$20 on $10k
Price spread, last 7 days+0.158%+$16 · spread now −0.092%, 7d avg +0.076%
Together, before fees+0.355%+$35 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and BingX is 0.167% cheaper against Gate than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of +0.076%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.197%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate UAI_USDT0.35970.0334pay 0.0334% / 8h7h 33m$2.2M$10.9M50x
ShortBingX UAI-USDT0.35940.0100get 0.0050% / 4h3h 33m$11.2M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Gate. 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
−$49.14
Price spread: −0.092% → +0.076%
−$16.74
Slippage, 4 orders
−$125.96
Fee Gate: 7.5 bp × 2 orders
−$15
Fee BingX: 5 bp × 2 orders
−$10
Net
−$216.84
Costs to cover
1.510%
Break-even
never at this rate
Slippage from Gate: live order book, 5 min ago; BingX: 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 Gate live order book, 5 min ago10.79 bp52.0 bp −$52doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 5 min ago6.93 bp20.3 bp −$2075.3 bp −$753866.9 bp −$86.7Kdoesn'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+0.0024%4h0.3586−0.309%$1.6M$3.1M50xas long as short
Aster UAIUSDT+0.0100%4h0.3598+0.007%$2.2M$1.0M5xas long as short
Binance UAIUSDT+0.0100%4h0.3593−0.116%$12.3M$134.4M50xas long as short
Bybit UAIUSDT+0.0100%4h0.3583−0.398%$3.5M$30.6M20xas long as short
MEXC UAI_USDT+0.0100%4h0.3589−0.231%$2.8M$9.7M50xas long as short
Bitget UAIUSDT+0.0100%4h0.3590−0.206%$3.8M$10.7M25xas long as short
BingX UAI-USDTshort+0.0100%4h0.3594−0.092%$11.2M
Variational Omni UAI+0.0100%4h0.3610+0.350%$17K$99Kas long as short
BloFin UAI-USDT+0.0117%4h0.3610+0.353%$793K$1.4M50xas long as short
edgeX UAIUSDC+0.0119%4h0.3608+0.293%$13K$342K10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate UAI_USDTlong+0.0334%8h0.3597long leg$2.2M$10.9M50x