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

UAI

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0011%/8h= +1.2% APRnext payment +$0.05 per $10,000 · paid last 24h +0.155%
Price spread now: BloFin against Bitget−0.239%325s7-day average −0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$120as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1391.393% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.194%+$19 on $10k
Price spread, last 3 days (all we have)+0.644%+$64 · spread now −0.239%, 7d avg −0.002%
Together, before fees+0.838%+$84 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.238% cheaper against Bitget than usual: you would sell low and buy high (spread −0.239% now, against its 7-day average of −0.002%). If the spread goes back, that is −$24 on $10k: about 2 months of funding at the current rate ($0 a day). At the pace of the last 7 days (+0.194% in total) that is about 8.6 days. The two prices were read 325 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget UAIUSDT0.38420.0100pay 0.0050% / 4h2h 43m$3.9M$10.9M25x
ShortBloFin UAI-USDT0.38330.0111get 0.0055% / 4h2h 43m$830K$1.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Bitget. 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
$2.3
Price spread: −0.239% → −0.002%
−$23.77
Slippage, 4 orders
−$115.26
Fee Bitget: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$160.72
Costs to cover
1.393%
Break-even
495.9 days
Slippage from Bitget: live order book, 5 min ago; BloFin: live order book, 9 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 Bitget live order book, 5 min ago12.40 bp44.5 bp −$44doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 9 min ago5.21 bp26.0 bp −$26124.9 bp −$1,249doesn't fitdoesn't fit

UAI on 11 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
Aster UAIUSDT+0.0100%4h0.3838−0.106%$2.3M$1.0M5xas long as short
Binance UAIUSDT+0.0100%4h0.3838−0.116%$12.8M$136.4M50xas long as short
Bybit UAIUSDT+0.0100%4h0.3838−0.109%$3.4M$31.3M20xas long as short
Gate UAI_USDT+0.0100%8h0.38420.000%$2.2M$10.8M50xas long as short
MEXC UAI_USDT+0.0100%4h0.3841−0.031%$2.2M$9.2M50xas long as short
KuCoin UAIUSDTM+0.0100%4h0.3838−0.104%$1.8M$3.3M50xas long as short
Bitget UAIUSDTlong+0.0100%4h0.3842long leg$3.9M$10.9M25x
BingX UAI-USDT+0.0100%4h0.3837−0.135%$11.6Mas long as short
Variational Omni UAI+0.0100%4h0.3830−0.320%$15K$78Kas long as short
BloFin UAI-USDTshort+0.0111%4h0.3833−0.239%$830K$1.5M50x
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX UAIUSDC+0.0117%4h0.3831−0.297%$14K$367K10xas long as short