UB

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0012%/8h= +1.3% APRnext payment +$0.06 per $10,000 · paid last 24h +0.003%

Price spread now: BingX against BloFin−0.533%426s7-day average −0.049% · you buy dearer than you sell

Net, funding: paid 7d − costs−$89as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1000.996% of the position

Long on BloFin Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.106%+$11 on $10k

Price spread, last 3 days (all we have)+0.492%+$49 · spread now −0.533%, 7d avg −0.049%

Together, before fees+0.597%+$60 on $10k · with fees, hour by hour

Funding pays, the price is against you. BingX is 0.484% cheaper against BloFin than usual: you would sell low and buy high (spread −0.533% now, against its 7-day average of −0.049%). If the spread goes back, that is −$48 on $10k: about 5 months of funding at the current rate ($0 a day). At the pace of the last 7 days (+0.106% in total) that is about 32 days. The two prices were read 426 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin UB-USDT	0.1500	0.0088	pay 0.0044% / 4h	2h 41m	$163K	$1.1M	50x
Short	BingX UB-USDT	0.1492	0.0100	get 0.0050% / 4h	2h 41m	—	$2.7M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against BloFin. 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 BloFinbpFee BingXbpOrdersPrice spread, now −0.533%Rate

Funding earned: $2.48
Price spread: −0.533% → −0.049%: −$48.45
Slippage, 4 orders: −$77.56
Fee BloFin: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: −$145.53
Costs to cover: 0.996%
Break-even: 417.6 days

Slippage from BloFin: live order book, 10 min ago; BingX: live order book, 8 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 BloFin live order book, 10 min ago	7.30 bp	25.3 bp −$25	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 8 min ago	3.00 bp	25.6 bp −$26	73.3 bp −$733	749.4 bp −$74.9K	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-USDTlong	+0.0088%	4h	0.1500	long leg	$163K	$1.1M	50x
Binance UBUSDT	+0.0100%	4h	0.1491	−0.611%	$3.2M	$17.1M	50x	as long as short
Bybit UBUSDT	+0.0100%	4h	0.1491	−0.567%	$1.1M	$2.6M	20x	as long as short
OKX UB-USDT-SWAP	+0.0100%	4h	0.1493	−0.480%	$1.4M	$15.7M	20x	as long as short
Gate UB_USDT	+0.0100%	4h	0.1489	−0.707%	$1.5M	$3.4M	25x	as long as short
MEXC UB_USDT	+0.0100%	4h	0.1494	−0.427%	$633K	$719K	100x	as long as short
KuCoin UBUSDTM	+0.0100%	4h	0.1492	−0.496%	$1.1M	$1.3M	20x	as long as short
Bitget UBUSDT	+0.0100%	4h	0.1494	−0.407%	$2.4M	$3.5M	50x	as long as short
BingX UB-USDTshort	+0.0100%	4h	0.1492	−0.533%	—	$2.7M	—
Variational Omni UB	+0.0100%	4h	0.1501	+0.044%	$124	$8K	—	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	0.1500	−0.022%	$38K	$266K	10x	as long as short
HTX UB-USDT	+0.0100%	4h	0.1495	−0.340%	$16K	$227K	20x	as long as short
Extended UB-USD	+0.0104%	1h	0.1491	−0.604%	$6K	$168K	5x	as long as short
Aster UBUSDT	+0.0662%	4h	0.1493	−0.440%	$405K	$192K	5x	as long as short