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+0.0013%/8h= +1.4% APRnext payment +$0.06 per $10,000 · paid last 24h +0.004%
Price spread now: BloFin against Gate+0.196%7-day average +0.104% · you sell dearer than you buy
Net, funding: paid 7d − costs−$166as in the Funding arb table
Net, price: spread back to 7d avg − costs−$160as in the Price arb table
costs, in and out, $10k−$1691.693% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.035%+$3 on $10k
Price spread, last 4 days (all we have)−0.139%−$14 · spread now +0.196%, 7d avg +0.104%
Together, before fees−0.105%−$10 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and BloFin is 0.092% dearer against Gate than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.104%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate UB_USDT0.14790.0100pay 0.0050% / 4h20m 43s$1.5M$3.3M25x
ShortBloFin UB-USDT0.14820.0113get 0.0056% / 4h20m 43s$159K$830K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Gate. 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
$2.72
Price spread: +0.196% → +0.104%
$9.22
Slippage, 4 orders
−$142.33
Fee Gate: 7.5 bp × 2 orders
−$15
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$157.39
Costs to cover
1.693%
Break-even
411.9 days
Slippage from Gate: live order book, 2 min ago; BloFin: live order book, 61 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 Gate live order book, 2 min ago4.06 bp61.5 bp −$61doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 61 min ago0.67 bp12.2 bp −$1239.1 bp −$391doesn'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%4h0.1482+0.196%$3.1M$14.3M50xas long as short
Bybit UBUSDT+0.0100%4h0.1479+0.020%$950K$2.2M20xas long as short
OKX UB-USDT-SWAP+0.0100%4h0.1480+0.068%$1.4M$11.6M20xas long as short
Gate UB_USDTlong+0.0100%4h0.1479long leg$1.5M$3.3M25x
MEXC UB_USDT+0.0100%4h0.1482+0.196%$676K$623K100xas long as short
KuCoin UBUSDTM+0.0100%4h0.1478−0.036%$1.1M$968K20xas long as short
Bitget UBUSDT+0.0100%4h0.1481+0.142%$2.4M$2.9M50xas long as short
BingX UB-USDT+0.0100%4h0.1480+0.088%$2.6Mas long as short
Variational Omni UB+0.0100%4h0.1479+0.030%$422$8Kas long as short
edgeX UBUSDC+0.0100%4h0.1481+0.134%$37K$272K10xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX UB-USDT+0.0100%4h0.1482+0.183%$16K$324K20xas long as short
Extended UB-USD+0.0104%1h0.1481+0.176%$2K$227K5xas long as short
BloFin UB-USDTshort+0.0113%4h0.1482+0.196%$159K$830K50x
Aster UBUSDT+0.0286%4h0.1482+0.203%$402K$113K5xas long as short