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

UB

all UB markets
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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees+0.022%+$2 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance UBUSDT0.14720.0100pay 0.0050% / 4h1h 58m$3.2M$16.5M50x
ShortBloFin UB-USDT0.14720.0067get 0.0034% / 4h1h 58m$160K$1.2M50x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 12 min ago0.68 bp28.1 bp −$28195.9 bp −$1,959doesn't fitdoesn't fit
Sell BloFin live order book, 3 min ago0.68 bp33.2 bp −$33doesn't fitdoesn't fitdoesn't fit

UB on 14 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
BloFin UB-USDTshort+0.0067%4h0.14720.000%$160K$1.2M50x
Binance UBUSDTlong+0.0100%4h0.1472long leg$3.2M$16.5M50x
Bybit UBUSDT+0.0100%4h0.1469−0.240%$1.1M$2.4M20xas long as short
OKX UB-USDT-SWAP+0.0100%4h0.1470−0.143%$1.4M$16.1M20xas long as short
Gate UB_USDT+0.0100%4h0.1469−0.245%$1.5M$3.3M25xas long as short
MEXC UB_USDT+0.0100%4h0.1472−0.007%$664K$685K100xas long as short
KuCoin UBUSDTM+0.0100%4h0.1468−0.291%$1.0M$1.4M20xas long as short
Bitget UBUSDT+0.0100%4h0.1470−0.109%$2.4M$3.6M50xas long as short
BingX UB-USDT+0.0100%4h0.1468−0.258%$2.7Mas long as short
Variational Omni UB+0.0100%4h0.1466−0.402%$92$5Kas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX UBUSDC+0.0100%4h0.1468−0.299%$37K$260K10xas long as short
HTX UB-USDT+0.0100%4h0.1472+0.027%$15K$176K20xas long as short
Extended UB-USD+0.0104%1h0.1472−0.036%$948$176K5xas long as short
Aster UBUSDT+0.0702%4h0.1471−0.048%$399K$200K5xas long as short