UB

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0030%/8h= +3.2% APRnext payment +$0.15 per $10,000 · paid last 24h −0.003%

Price spread now: BloFin against Bitget−0.095%7-day average −0.056% · you buy dearer than you sell

Net, funding: paid 7d − costs−$102as in the Funding arb table

Net, price: spread back to 7d avg − costs−$105as in the Price arb table

costs, in and out, $10k−$1011.010% of the position

Long on Bitget Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.012%−$1 on $10k

Price spread, last 4 days (all we have)−0.011%−$1 · spread now −0.095%, 7d avg −0.056%

Together, before fees−0.023%−$2 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.038% cheaper against Bitget than usual: you would sell low and buy high (spread −0.095% now, against its 7-day average of −0.056%). If the spread goes back, that is −$4 on $10k: about 4.3 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget UBUSDT	0.1476	0.0100	pay 0.0050% / 4h	24m 32s	$2.4M	$3.4M	50x
Short	BloFin UB-USDT	0.1474	0.0130	get 0.0065% / 4h	24m 32s	$153K	$929K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Bitget. 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

Position, each leg$Hold fordaysFee BitgetbpFee BloFinbpOrdersPrice spread, now −0.095%Rate

Funding earned: $6.23
Price spread: −0.095% → −0.056%: −$3.85
Slippage, 4 orders: −$76.96
Fee Bitget: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$98.58
Costs to cover: 1.010%
Break-even: 117.7 days

Slippage from Bitget: live order book, 3 min ago; BloFin: live order book, 12 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 Bitget live order book, 3 min ago	5.43 bp	31.0 bp −$31	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 12 min ago	1.36 bp	34.5 bp −$34	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
Binance UBUSDT	+0.0100%	4h	0.1475	−0.034%	$3.1M	$16.8M	50x	as long as short
Bybit UBUSDT	+0.0100%	4h	0.1473	−0.157%	$972K	$2.6M	20x	as long as short
OKX UB-USDT-SWAP	+0.0100%	4h	0.1474	−0.115%	$1.3M	$14.8M	20x	as long as short
Gate UB_USDT	+0.0100%	4h	0.1474	−0.142%	$1.5M	$3.5M	25x	as long as short
MEXC UB_USDT	+0.0100%	4h	0.1475	−0.041%	$674K	$680K	100x	as long as short
KuCoin UBUSDTM	+0.0100%	4h	0.1474	−0.106%	$1.1M	$1.2M	20x	as long as short
Bitget UBUSDTlong	+0.0100%	4h	0.1476	long leg	$2.4M	$3.4M	50x
BingX UB-USDT	+0.0100%	4h	0.1474	−0.108%	—	$2.7M	—	as long as short
Variational Omni UB	+0.0100%	4h	0.1471	−0.283%	$421	$9K	—	as long as short
edgeX UBUSDC	+0.0100%	4h	0.1473	−0.193%	$37K	$267K	10x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX UB-USDT	+0.0100%	4h	0.1477	+0.122%	$16K	$263K	20x	as long as short
Extended UB-USD	+0.0104%	1h	0.1475	−0.060%	$6K	$169K	5x	as long as short
BloFin UB-USDTshort	+0.0130%	4h	0.1474	−0.095%	$153K	$929K	50x
Aster UBUSDT	+0.0566%	4h	0.1477	+0.077%	$401K	$171K	5x	as long as short