UB

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0008%/8h= +0.8% APRnext payment +$0.04 per $10,000 · paid last 24h −0.003%

Price spread now: BloFin against Binance−0.359%101s7-day average −0.002% · you buy dearer than you sell

Net, funding: paid 7d − costs−$87as 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−$860.861% of the position

Long on Binance 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)+0.384%+$38 · spread now −0.359%, 7d avg −0.002%

Together, before fees+0.371%+$37 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.356% cheaper against Binance than usual: you would sell low and buy high, −$36 on $10k if it goes back to its 7-day average of −0.002%. The two prices were read 101 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	Binance UBUSDT	0.1480	0.0100	pay 0.0050% / 4h	3h 31m	$3.2M	$17.5M	50x
Short	BloFin UB-USDT	0.1474	0.0108	get 0.0054% / 4h	3h 31m	$161K	$1.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Binance. 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 BinancebpFee BloFinbpOrdersPrice spread, now −0.359%Rate

Funding earned: $1.63
Price spread: −0.359% → −0.002%: −$35.65
Slippage, 4 orders: −$64.12
Fee Binance: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$120.13
Costs to cover: 0.861%
Break-even: 523.4 days

Slippage from Binance: live order book, 9 min ago; BloFin: live order book, 1 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 Binance live order book, 9 min ago	1.36 bp	20.8 bp −$21	117.2 bp −$1,172	doesn't fit	doesn't fit
Sell BloFin live order book, 1 min ago	6.43 bp	27.6 bp −$28	56.4 bp −$564	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 UBUSDTlong	+0.0100%	4h	0.1480	long leg	$3.2M	$17.5M	50x
Bybit UBUSDT	+0.0100%	4h	0.1476	−0.267%	$1.0M	$2.6M	20x	as long as short
OKX UB-USDT-SWAP	+0.0100%	4h	0.1477	−0.156%	$1.4M	$16.6M	20x	as long as short
Gate UB_USDT	+0.0100%	4h	0.1472	−0.534%	$1.5M	$3.5M	25x	as long as short
MEXC UB_USDT	+0.0100%	4h	0.1479	−0.054%	$604K	$708K	100x	as long as short
KuCoin UBUSDTM	+0.0100%	4h	0.1474	−0.388%	$1.1M	$1.4M	20x	as long as short
Bitget UBUSDT	+0.0100%	4h	0.1479	−0.048%	$2.4M	$3.6M	50x	as long as short
BingX UB-USDT	+0.0100%	4h	0.1478	−0.115%	—	$2.7M	—	as long as short
Variational Omni UB	+0.0100%	4h	0.1478	−0.121%	$2K	$7K	—	as long as short
edgeX UBUSDC	+0.0100%	4h	0.1478	−0.100%	$37K	$264K	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	0.1477	−0.136%	$16K	$215K	20x	as long as short
Extended UB-USD	+0.0104%	1h	0.1479	−0.047%	$951	$172K	5x	as long as short
BloFin UB-USDTshort	+0.0108%	4h	0.1474	−0.359%	$161K	$1.1M	50x
Aster UBUSDT	+0.0535%	4h	0.1477	−0.191%	$401K	$201K	5x	as long as short