UB

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0050%/8h= −5.5% APRnext payment −$0.25 per $10,000 · paid last 24h +0.060%

Price spread now: BloFin against OKX+0.061%113s7-day average +0.146% · you sell dearer than you buy

Net, funding: paid 7d − costs−$105as 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−$1091.089% of the position

Long on OKX Short on BloFin

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)+0.073%+$7 · spread now +0.061%, 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 −$2 a day on $10k at the current rate, and BloFin is 0.085% cheaper against OKX than usual: you would sell low and buy high (−$9 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	OKX UB-USDT-SWAP	0.1470	0.0100	pay 0.0050% / 4h	1h 47m	$1.4M	$16.0M	20x
Short	BloFin UB-USDT	0.1471	0.0050	get 0.0025% / 4h	1h 47m	$160K	$1.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against OKX. 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 OKXbpFee BloFinbpOrdersPrice spread, now +0.061%Rate

Funding earned: −$10.51
Price spread: +0.061% → +0.146%: −$8.51
Slippage, 4 orders: −$86.9
Fee OKX: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$127.93
Costs to cover: 1.089%
Break-even: never at this rate

Slippage from OKX: live order book, 1 min ago; BloFin: 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 OKX live order book, 1 min ago	1.02 bp	28.3 bp −$28	495.3 bp −$4,953	doesn't fit	doesn't fit
Sell BloFin live order book, 5 min ago	7.14 bp	27.2 bp −$27	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
BloFin UB-USDTshort	+0.0050%	4h	0.1471	+0.061%	$160K	$1.2M	50x
Binance UBUSDT	+0.0100%	4h	0.1472	+0.191%	$3.2M	$16.5M	50x	as long as short
Bybit UBUSDT	+0.0100%	4h	0.1471	+0.061%	$1.1M	$2.4M	20x	as long as short
OKX UB-USDT-SWAPlong	+0.0100%	4h	0.1470	long leg	$1.4M	$16.0M	20x
Gate UB_USDT	+0.0100%	4h	0.1470	+0.027%	$1.5M	$3.3M	25x	as long as short
MEXC UB_USDT	+0.0100%	4h	0.1474	+0.279%	$646K	$692K	100x	as long as short
KuCoin UBUSDTM	+0.0100%	4h	0.1471	+0.083%	$1.1M	$1.4M	20x	as long as short
Bitget UBUSDT	+0.0100%	4h	0.1474	+0.313%	$2.4M	$3.6M	50x	as long as short
BingX UB-USDT	+0.0100%	4h	0.1471	+0.088%	—	$2.7M	—	as long as short
Variational Omni UB	+0.0100%	4h	0.1466	−0.219%	$92	$5K	—	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	0.1468	−0.093%	$37K	$259K	10x	as long as short
HTX UB-USDT	+0.0100%	4h	0.1474	+0.286%	$16K	$179K	20x	as long as short
Extended UB-USD	+0.0104%	1h	0.1473	+0.191%	$948	$176K	5x	as long as short
Aster UBUSDT	+0.0721%	4h	0.1476	+0.402%	$400K	$201K	5x	as long as short