UB

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0013%/8h= +1.4% APRnext payment +$0.07 per $10,000 · paid last 24h −0.003%

Price spread now: BloFin against BingX+0.156%7-day average +0.025% · you sell dearer than you buy

Net, funding: paid 7d − costs−$113as in the Funding arb table

Net, price: spread back to 7d avg − costs−$90as in the Price arb table

costs, in and out, $10k−$1031.029% of the position

Long on BingX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.106%−$11 on $10k

Price spread, last 4 days (all we have)−0.084%−$8 · spread now +0.156%, 7d avg +0.025%

Together, before fees−0.190%−$19 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 0.132% dearer against BingX than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.025%. Mind the row above: over the last 7 days funding on this pair cost −0.106%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX UB-USDT	0.1472	0.0100	pay 0.0050% / 4h	22m 54s	—	$2.7M	—
Short	BloFin UB-USDT	0.1474	0.0113	get 0.0057% / 4h	22m 54s	$153K	$927K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against BingX. 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 BingXbpFee BloFinbpOrdersPrice spread, now +0.156%Rate

Funding earned: $2.77
Price spread: +0.156% → +0.025%: $13.16
Slippage, 4 orders: −$80.89
Fee BingX: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$86.96
Costs to cover: 1.029%
Break-even: 226.8 days

Slippage from BingX: live order book, 11 min ago; BloFin: live order book, 14 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 BingX live order book, 11 min ago	2.73 bp	25.1 bp −$25	131.5 bp −$1,315	doesn't fit	doesn't fit
Sell BloFin live order book, 14 min ago	1.36 bp	34.5 bp −$34	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	0.1472	−0.009%	$3.1M	$16.8M	50x	as long as short
Bybit UBUSDT	+0.0100%	4h	0.1471	−0.059%	$971K	$2.6M	20x	as long as short
OKX UB-USDT-SWAP	+0.0100%	4h	0.1470	−0.109%	$1.3M	$14.7M	20x	as long as short
Gate UB_USDT	+0.0100%	4h	0.1472	+0.007%	$1.5M	$3.5M	25x	as long as short
MEXC UB_USDT	+0.0100%	4h	0.1472	+0.014%	$673K	$681K	100x	as long as short
KuCoin UBUSDTM	+0.0100%	4h	0.1472	−0.020%	$1.1M	$1.2M	20x	as long as short
Bitget UBUSDT	+0.0100%	4h	0.1472	−0.007%	$2.4M	$3.4M	50x	as long as short
BingX UB-USDTlong	+0.0100%	4h	0.1472	long leg	—	$2.7M	—
Variational Omni UB	+0.0100%	4h	0.1471	−0.025%	$421	$9K	—	as long as short
edgeX UBUSDC	+0.0100%	4h	0.1476	+0.273%	$37K	$267K	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	0.1474	+0.129%	$16K	$264K	20x	as long as short
Extended UB-USD	+0.0104%	1h	0.1471	−0.039%	$6K	$169K	5x	as long as short
BloFin UB-USDTshort	+0.0113%	4h	0.1474	+0.156%	$153K	$927K	50x
Aster UBUSDT	+0.0566%	4h	0.1474	+0.160%	$400K	$170K	5x	as long as short