Settings8H · net · $10k
Funding arb · Price arb /

UB

all UB markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0043%/8h= +4.7% APRnext payment +$0.21 per $10,000 · paid last 24h −0.001%
Price spread now: BloFin against edgeX−0.315%7-day average +0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs−$111as in the Price arb table
costs, in and out, $10k−$780.778% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.012%−$1 on $10k
Price spread, last 4 days (all we have)+0.360%+$36 · spread now −0.315%, 7d avg +0.021%
Together, before fees+0.348%+ Points / potential airdropedgeX: Active · farm board+$35 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.337% cheaper against edgeX than usual: you would sell low and buy high (spread −0.315% now, against its 7-day average of +0.021%). If the spread goes back, that is −$34 on $10k: about 26 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX UBUSDC0.14930.0100pay 0.0050% / 4h1h 48m$38K$271K10x
ShortBloFin UB-USDT0.14880.0143get 0.0071% / 4h1h 48m$160K$840K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against edgeX. 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

Funding earned
$9.01
Price spread: −0.315% → +0.021%
−$33.65
Slippage, 4 orders
−$56.79
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$102.43
Costs to cover
0.778%
Break-even
86.5 days
Slippage from edgeX: live order book, 59 min ago; BloFin: live order book, 38 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy edgeX live order book, 59 min ago5.98 bp13.9 bp −$14doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 38 min ago5.70 bp27.4 bp −$27doesn't fitdoesn't fitdoesn't fit

UB on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance UBUSDT+0.0100%4h0.1492−0.045%$3.1M$14.6M50xas long as short
Bybit UBUSDT+0.0100%4h0.1490−0.200%$965K$2.2M20xas long as short
OKX UB-USDT-SWAP+0.0100%4h0.1492−0.081%$1.4M$12.3M20xas long as short
Gate UB_USDT+0.0100%4h0.1490−0.201%$1.5M$3.3M25xas long as short
MEXC UB_USDT+0.0100%4h0.1493+0.020%$702K$643K100xas long as short
KuCoin UBUSDTM+0.0100%4h0.1489−0.246%$1.0M$990K20xas long as short
Bitget UBUSDT+0.0100%4h0.1492−0.034%$2.4M$3.0M50xas long as short
BingX UB-USDT+0.0100%4h0.1491−0.141%$2.6Mas long as short
Variational Omni UB+0.0100%4h0.1488−0.298%$426$8Kas long as short
edgeX UBUSDClong+0.0100%4h0.1493long leg$38K$271K10x
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX UB-USDT+0.0100%4h0.1487−0.402%$16K$302K20xas long as short
Extended UB-USD+0.0104%1h0.1491−0.087%$3K$210K5xas long as short
BloFin UB-USDTshort+0.0143%4h0.1488−0.315%$160K$840K50x
Aster UBUSDT+0.0598%4h0.1490−0.160%$404K$122K5xas long as short