UB

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0028%/8h= −3.0% APRnext payment −$0.14 per $10,000 · paid last 24h +0.060%

Price spread now: BloFin against Bybit+0.093%82s7-day average +0.091% · you sell dearer than you buy

Net, funding: paid 7d − costs−$145as 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−$1471.465% of the position

Long on Bybit Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.017%+$2 on $10k

Price spread, last 3 days (all we have)−0.008%−$1 · spread now +0.093%, 7d avg +0.091%

Together, before fees+0.008%+$1 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.091%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. The two prices were read 82 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	Bybit UBUSDT	0.1482	0.0100	pay 0.0050% / 4h	19m 48s	$1.1M	$2.4M	20x
Short	BloFin UB-USDT	0.1483	0.0072	get 0.0036% / 4h	19m 48s	$161K	$1.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Bybit. 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 BybitbpFee BloFinbpOrdersPrice spread, now +0.093%Rate

Funding earned: −$5.78
Price spread: +0.093% → +0.091%: $0.24
Slippage, 4 orders: −$123.51
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$152.05
Costs to cover: 1.465%
Break-even: never at this rate

Slippage from Bybit: live order book, 2 min ago; BloFin: 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 Bybit live order book, 2 min ago	3.71 bp	55.6 bp −$56	628.9 bp −$6,289	doesn't fit	doesn't fit
Sell BloFin live order book, 2 min ago	0.34 bp	19.5 bp −$20	52.8 bp −$528	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-USDTshort	+0.0072%	4h	0.1483	+0.093%	$161K	$1.1M	50x
Binance UBUSDT	+0.0100%	4h	0.1483	+0.113%	$3.2M	$16.9M	50x	as long as short
Bybit UBUSDTlong	+0.0100%	4h	0.1482	long leg	$1.1M	$2.4M	20x
OKX UB-USDT-SWAP	+0.0100%	4h	0.1481	−0.069%	$1.4M	$16.3M	20x	as long as short
Gate UB_USDT	+0.0100%	4h	0.1481	−0.062%	$1.5M	$3.5M	25x	as long as short
MEXC UB_USDT	+0.0100%	4h	0.1483	+0.107%	$644K	$700K	100x	as long as short
KuCoin UBUSDTM	+0.0100%	4h	0.1480	−0.113%	$1.1M	$1.3M	20x	as long as short
Bitget UBUSDT	+0.0100%	4h	0.1483	+0.093%	$2.4M	$3.4M	50x	as long as short
BingX UB-USDT	+0.0100%	4h	0.1482	−0.001%	—	$2.7M	—	as long as short
Variational Omni UB	+0.0100%	4h	0.1482	+0.019%	$2K	$7K	—	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	0.1483	+0.076%	$37K	$262K	10x	as long as short
HTX UB-USDT	+0.0100%	4h	0.1483	+0.113%	$17K	$201K	20x	as long as short
Extended UB-USD	+0.0104%	1h	0.1483	+0.106%	$953	$176K	5x	as long as short
Aster UBUSDT	+0.0625%	4h	0.1484	+0.176%	$403K	$205K	5x	as long as short