UB

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0011%/8h= −1.2% APRnext payment −$0.06 per $10,000 · paid last 24h −0.060%

Price spread now: OKX against BloFin−0.295%113s7-day average −0.146% · you buy dearer than you sell

Net, funding: paid 7d − costs−$96as 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−$920.916% of the position

Long on BloFin Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.043%−$4 on $10k

Price spread, last 3 days (all we have)+0.160%+$16 · spread now −0.295%, 7d avg −0.146%

Together, before fees+0.116%+$12 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and OKX is 0.149% cheaper against BloFin than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of −0.146%). Swap the legs. The two prices were read 113 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	0.1490	0.0111	pay 0.0056% / 4h	43m 22s	$161K	$1.1M	50x
Short	OKX UB-USDT-SWAP	0.1486	0.0100	get 0.0050% / 4h	43m 22s	$1.4M	$16.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.295%Rate

Funding earned: −$2.33
Price spread: −0.295% → −0.146%: −$14.91
Slippage, 4 orders: −$69.59
Fee BloFin: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$108.83
Costs to cover: 0.916%
Break-even: never at this rate

Slippage from BloFin: live order book, 4 min ago; OKX: live order book, 5 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, 4 min ago	5.68 bp	15.9 bp −$16	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 5 min ago	1.68 bp	25.1 bp −$25	250.8 bp −$2,508	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	0.1485	−0.331%	$3.2M	$16.8M	50x	as long as short
Bybit UBUSDT	+0.0100%	4h	0.1485	−0.372%	$1.1M	$2.4M	20x	as long as short
OKX UB-USDT-SWAPshort	+0.0100%	4h	0.1486	−0.295%	$1.4M	$16.3M	20x
Gate UB_USDT	+0.0100%	4h	0.1486	−0.302%	$1.5M	$3.4M	25x	as long as short
MEXC UB_USDT	+0.0100%	4h	0.1486	−0.255%	$640K	$693K	100x	as long as short
KuCoin UBUSDTM	+0.0100%	4h	0.1483	−0.506%	$1.0M	$1.3M	20x	as long as short
Bitget UBUSDT	+0.0100%	4h	0.1487	−0.248%	$2.4M	$3.5M	50x	as long as short
BingX UB-USDT	+0.0100%	4h	0.1486	−0.302%	—	$2.7M	—	as long as short
Variational Omni UB	+0.0100%	4h	0.1490	−0.026%	$2K	$7K	—	as long as short
edgeX UBUSDC	+0.0100%	4h	0.1490	−0.030%	$38K	$262K	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	0.1488	−0.168%	$17K	$195K	20x	as long as short
Extended UB-USD	+0.0104%	1h	0.1485	−0.347%	$957	$176K	5x	as long as short
BloFin UB-USDTlong	+0.0111%	4h	0.1490	long leg	$161K	$1.1M	50x
Aster UBUSDT	+0.0643%	4h	0.1488	−0.161%	$403K	$203K	5x	as long as short