UB

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0021%/8h= −2.3% APRnext payment −$0.11 per $10,000 · paid last 24h −0.004%

Price spread now: Gate against BloFin−0.179%48s7-day average −0.104% · you buy dearer than you sell

Net, funding: paid 7d − costs−$202as 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−$1981.979% of the position

Long on BloFin Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.037%−$4 on $10k

Price spread, last 4 days (all we have)+0.077%+$8 · spread now −0.179%, 7d avg −0.104%

Together, before fees+0.040%+$4 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Gate is 0.075% cheaper against BloFin than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.104%). Swap the legs. The two prices were read 48 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	0.1451	0.0121	pay 0.0061% / 4h	2h 00m	$153K	$784K	50x
Short	Gate UB_USDT	0.1449	0.0100	get 0.0050% / 4h	2h 00m	$1.5M	$3.2M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.179%Rate

Funding earned: −$4.5
Price spread: −0.179% → −0.104%: −$7.52
Slippage, 4 orders: −$170.87
Fee BloFin: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$209.89
Costs to cover: 1.979%
Break-even: never at this rate

Slippage from BloFin: live order book, 49 min ago; Gate: live order book, 1 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, 49 min ago	7.91 bp	28.0 bp −$28	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 1 min ago	6.56 bp	82.4 bp −$82	doesn't fit	doesn't fit	doesn't fit

UB on 14 exchanges

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	0.1452	+0.048%	$3.0M	$13.5M	50x	as long as short
Bybit UBUSDT	+0.0100%	4h	0.1450	−0.104%	$891K	$2.0M	20x	as long as short
OKX UB-USDT-SWAP	+0.0100%	4h	0.1450	−0.117%	$1.3M	$11.0M	20x	as long as short
Gate UB_USDTshort	+0.0100%	4h	0.1449	−0.179%	$1.5M	$3.2M	25x
MEXC UB_USDT	+0.0100%	4h	0.1452	+0.048%	$577K	$630K	100x	as long as short
KuCoin UBUSDTM	+0.0100%	4h	0.1449	−0.169%	$1.0M	$906K	20x	as long as short
Bitget UBUSDT	+0.0100%	4h	0.1449	−0.131%	$2.3M	$2.8M	50x	as long as short
BingX UB-USDT	+0.0100%	4h	0.1451	−0.048%	—	$2.5M	—	as long as short
Variational Omni UB	+0.0100%	4h	0.1449	−0.182%	$414	$8K	—	as long as short
edgeX UBUSDC	+0.0100%	4h	0.1456	+0.296%	$37K	$274K	10x	as long as short

Show all 14 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX UB-USDT	+0.0100%	4h	0.1452	+0.048%	$16K	$357K	20x	as long as short
Extended UB-USD	+0.0104%	1h	0.1452	+0.017%	$3K	$219K	5x	as long as short
BloFin UB-USDTlong	+0.0121%	4h	0.1451	long leg	$153K	$784K	50x
Aster UBUSDT	+0.0324%	4h	0.1454	+0.171%	$394K	$98K	5x	as long as short