UB

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0029%/8h= −3.2% APRnext payment −$0.14 per $10,000 · paid last 24h −0.001%

Price spread now: MEXC against BloFin−0.190%7-day average +0.005% · you buy dearer than you sell

Net, funding: paid 7d − costs−$87as in the Funding arb table

Net, price: spread back to 7d avg − costs−$108as in the Price arb table

costs, in and out, $10k−$880.884% of the position

Long on BloFin Short on MEXC

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)+0.114%+$11 · spread now −0.190%, 7d avg +0.005%

Together, before fees+0.126%+$13 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 MEXC is 0.195% cheaper against BloFin than usual: you would sell low and buy high (−$19 if the spread goes back to its 7-day average of +0.005%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin UB-USDT	0.1476	0.0129	pay 0.0064% / 4h	3h 30m	$164K	$1.2M	50x
Short	MEXC UB_USDT	0.1473	0.0100	get 0.0050% / 4h	3h 30m	$649K	$666K	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.190%Rate

Funding earned: −$6.09
Price spread: −0.190% → +0.005%: −$19.46
Slippage, 4 orders: −$68.43
Fee BloFin: 6 bp × 2 orders: −$12
Fee MEXC: 4 bp × 2 orders: −$8
Net: −$113.98
Costs to cover: 0.884%
Break-even: never at this rate

Slippage from BloFin: live order book, 2 min ago; MEXC: live order book, 13 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, 2 min ago	9.49 bp	27.9 bp −$28	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 13 min ago	1.36 bp	11.4 bp −$11	72.9 bp −$729	254.4 bp −$25.4K	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	0.1473	−0.215%	$3.2M	$16.4M	50x	as long as short
Bybit UBUSDT	+0.0100%	4h	0.1472	−0.230%	$1.1M	$2.4M	20x	as long as short
OKX UB-USDT-SWAP	+0.0100%	4h	0.1473	−0.197%	$1.4M	$16.1M	20x	as long as short
Gate UB_USDT	+0.0100%	4h	0.1471	−0.339%	$1.5M	$3.3M	25x	as long as short
MEXC UB_USDTshort	+0.0100%	4h	0.1473	−0.190%	$649K	$666K	100x
KuCoin UBUSDTM	+0.0100%	4h	0.1470	−0.394%	$1.0M	$1.4M	20x	as long as short
Bitget UBUSDT	+0.0100%	4h	0.1474	−0.156%	$2.4M	$3.6M	50x	as long as short
BingX UB-USDT	+0.0100%	4h	0.1473	−0.197%	—	$2.7M	—	as long as short
Variational Omni UB	+0.0100%	4h	0.1466	−0.642%	$133	$5K	—	as long as short
edgeX UBUSDC	+0.0100%	4h	0.1468	−0.558%	$37K	$258K	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	0.1476	−0.014%	$15K	$151K	20x	as long as short
Extended UB-USD	+0.0104%	1h	0.1472	−0.227%	$949	$176K	5x	as long as short
BloFin UB-USDTlong	+0.0129%	4h	0.1476	long leg	$164K	$1.2M	50x
Aster UBUSDT	+0.0960%	4h	0.1475	−0.034%	$400K	$198K	5x	as long as short