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: Bybit against BloFin−0.087%212s7-day average −0.092% · you buy dearer than you sell

Net, funding: paid 7d − costs−$188as 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−$1861.864% of the position

Long on BloFin Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.016%−$2 on $10k

Price spread, last 3 days (all we have)+0.027%+$3 · spread now −0.087%, 7d avg −0.092%

Together, before fees+0.011%+$1 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.092%, so right now this pair is about funding alone: $0 a day on $10k at the current rate. The two prices were read 212 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 45m	$163K	$1.1M	50x
Short	Bybit UBUSDT	0.1499	0.0100	get 0.0050% / 4h	2h 45m	$1.1M	$2.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now −0.087%Rate

Funding earned: $2.48
Price spread: −0.087% → −0.092%: $0.51
Slippage, 4 orders: −$163.36
Fee BloFin: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$183.37
Costs to cover: 1.864%
Break-even: 524.4 days

Slippage from BloFin: live order book, 7 min ago; Bybit: live order book, 2 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, 7 min ago	7.30 bp	25.3 bp −$25	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 2 min ago	4.33 bp	78.2 bp −$78	285.7 bp −$2,857	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-USDTlong	+0.0088%	4h	0.1500	long leg	$163K	$1.1M	50x
Binance UBUSDT	+0.0100%	4h	0.1500	+0.013%	$3.2M	$17.3M	50x	as long as short
Bybit UBUSDTshort	+0.0100%	4h	0.1499	−0.087%	$1.1M	$2.6M	20x
OKX UB-USDT-SWAP	+0.0100%	4h	0.1499	−0.027%	$1.4M	$16.0M	20x	as long as short
Gate UB_USDT	+0.0100%	4h	0.1497	−0.160%	$1.5M	$3.4M	25x	as long as short
MEXC UB_USDT	+0.0100%	4h	0.1500	+0.033%	$640K	$715K	100x	as long as short
KuCoin UBUSDTM	+0.0100%	4h	0.1501	+0.106%	$1.1M	$1.3M	20x	as long as short
Bitget UBUSDT	+0.0100%	4h	0.1498	−0.120%	$2.4M	$3.5M	50x	as long as short
BingX UB-USDT	+0.0100%	4h	0.1500	−0.007%	—	$2.7M	—	as long as short
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	0.1503	+0.187%	$17K	$226K	20x	as long as short
Extended UB-USD	+0.0104%	1h	0.1500	+0.032%	$6K	$168K	5x	as long as short
Aster UBUSDT	+0.0667%	4h	0.1502	+0.158%	$408K	$199K	5x	as long as short