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 +0.001%

Price spread now: BloFin against MEXC+0.229%49s7-day average +0.001% · you sell dearer than you buy

Net, funding: paid 7d − costs−$63as 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−$620.620% of the position

Long on MEXC Short on BloFin

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)−0.188%−$19 · spread now +0.229%, 7d avg +0.001%

Together, before fees−0.200%−$20 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 0.228% dearer against MEXC than usual: you sell high and buy low: +$23 more if the spread goes back to its 7-day average of +0.001%. The two prices were read 49 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	MEXC UB_USDT	0.1487	0.0100	pay 0.0050% / 4h	44m 26s	$640K	$693K	100x
Short	BloFin UB-USDT	0.1490	0.0111	get 0.0056% / 4h	44m 26s	$161K	$1.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against MEXC. 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 MEXCbpFee BloFinbpOrdersPrice spread, now +0.229%Rate

Funding earned: $2.33
Price spread: +0.229% → +0.001%: $22.76
Slippage, 4 orders: −$42.04
Fee MEXC: 4 bp × 2 orders: −$8
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$36.96
Costs to cover: 0.620%
Break-even: 118.2 days

Slippage from MEXC: live order book, 26 min ago; BloFin: live order book, 3 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 MEXC live order book, 26 min ago	0.34 bp	9.7 bp −$10	69.2 bp −$692	246.6 bp −$24.7K	doesn't fit
Sell BloFin live order book, 3 min ago	5.68 bp	27.5 bp −$28	doesn't fit	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	0.1487	+0.041%	$3.2M	$16.8M	50x	as long as short
Bybit UBUSDT	+0.0100%	4h	0.1486	−0.048%	$1.1M	$2.4M	20x	as long as short
OKX UB-USDT-SWAP	+0.0100%	4h	0.1486	−0.054%	$1.4M	$16.3M	20x	as long as short
Gate UB_USDT	+0.0100%	4h	0.1487	+0.040%	$1.5M	$3.4M	25x	as long as short
MEXC UB_USDTlong	+0.0100%	4h	0.1487	long leg	$640K	$693K	100x
KuCoin UBUSDTM	+0.0100%	4h	0.1486	−0.056%	$1.0M	$1.3M	20x	as long as short
Bitget UBUSDT	+0.0100%	4h	0.1487	+0.013%	$2.4M	$3.5M	50x	as long as short
BingX UB-USDT	+0.0100%	4h	0.1486	−0.027%	—	$2.7M	—	as long as short
Variational Omni UB	+0.0100%	4h	0.1490	+0.203%	$2K	$7K	—	as long as short
edgeX UBUSDC	+0.0100%	4h	0.1487	−0.014%	$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	0.1489	+0.161%	$17K	$195K	20x	as long as short
Extended UB-USD	+0.0104%	1h	0.1488	+0.074%	$962	$176K	5x	as long as short
BloFin UB-USDTshort	+0.0111%	4h	0.1490	+0.229%	$161K	$1.1M	50x
Aster UBUSDT	+0.0656%	4h	0.1490	+0.221%	$404K	$203K	5x	as long as short