Funding you earn now, next payment 00:00 UTC−0.0033%/8h= −3.6% APRnext payment −$0.16 per $10,000 · paid last 24h +0.001%
Price spread now: BloFin against Binance0.000%7-day average −0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$124as in the Funding arb table
Net, price: spread back to 7d avg − costs−$122as in the Price arb table
costs, in and out, $10k−$1231.226% of the position
Funding, last 7 days−0.012%−$1 on $10k
+Price spread, last 3 days (all we have)+0.034%+$3 · spread now 0.000%, 7d avg −0.007%
=The price spread sits at its 7-day average of −0.007%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance UBUSDT | 0.1472 | 0.0100 | pay 0.0050% / 4h | 1h 58m | $3.2M | $16.5M | 50x |
| Short | BloFin UB-USDT | 0.1472 | 0.0067 | get 0.0034% / 4h | 1h 58m | $160K | $1.2M | 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
- −$6.88
- Price spread: 0.000% → −0.007%
- $0.71
- Slippage, 4 orders
- −$100.58
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$128.75
- Costs to cover
- 1.226%
- Break-even
- never at this rate
Slippage from Binance: live order book, 12 min ago; BloFin: live order book, 3 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, 12 min ago | 0.68 bp | 28.1 bp −$28 | 195.9 bp −$1,959 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 3 min ago | 0.68 bp | 33.2 bp −$33 | doesn't fit | doesn't fit | doesn't fit |
UB on 14 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 UB-USDTshort | +0.0067% | 4h | 0.1472 | 0.000% | $160K | $1.2M | 50x | |
| Binance UBUSDTlong | +0.0100% | 4h | 0.1472 | long leg | $3.2M | $16.5M | 50x | |
| Bybit UBUSDT | +0.0100% | 4h | 0.1469 | −0.240% | $1.1M | $2.4M | 20x | as long as short |
| OKX UB-USDT-SWAP | +0.0100% | 4h | 0.1470 | −0.143% | $1.4M | $16.1M | 20x | as long as short |
| Gate UB_USDT | +0.0100% | 4h | 0.1469 | −0.245% | $1.5M | $3.3M | 25x | as long as short |
| MEXC UB_USDT | +0.0100% | 4h | 0.1472 | −0.007% | $664K | $685K | 100x | as long as short |
| KuCoin UBUSDTM | +0.0100% | 4h | 0.1468 | −0.291% | $1.0M | $1.4M | 20x | as long as short |
| Bitget UBUSDT | +0.0100% | 4h | 0.1470 | −0.109% | $2.4M | $3.6M | 50x | as long as short |
| BingX UB-USDT | +0.0100% | 4h | 0.1468 | −0.258% | — | $2.7M | — | as long as short |
| Variational Omni UB | +0.0100% | 4h | 0.1466 | −0.402% | $92 | $5K | — | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX UBUSDC | +0.0100% | 4h | 0.1468 | −0.299% | $37K | $260K | 10x | as long as short |
| HTX UB-USDT | +0.0100% | 4h | 0.1472 | +0.027% | $15K | $176K | 20x | as long as short |
| Extended UB-USD | +0.0104% | 1h | 0.1472 | −0.036% | $948 | $176K | 5x | as long as short |
| Aster UBUSDT | +0.0702% | 4h | 0.1471 | −0.048% | $399K | $200K | 5x | as long as short |
Binance UBUSDT
BloFin UB-USDT
Bybit UBUSDT
OKX UB-USDT-SWAP
Gate UB_USDT
MEXC UB_USDT
KuCoin UBUSDTM
Bitget UBUSDT
BingX UB-USDT
Variational Omni UB
edgeX UBUSDC
HTX UB-USDT
Extended UB-USD
Aster UBUSDT