UB

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0053%/8h= −5.8% APRnext payment −$0.27 per $10,000 · paid last 24h +0.001%

Price spread now: Binance against BloFin+0.185%7-day average +0.023% · you sell dearer than you buy

Net, funding: paid 7d − costs−$102as in the Funding arb table

Net, price: spread back to 7d avg − costs−$87as in the Price arb table

costs, in and out, $10k−$1031.035% of the position

Long on BloFin Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.012%+$1 on $10k

Price spread, last 4 days (all we have)−0.221%−$22 · spread now +0.185%, 7d avg +0.023%

Together, before fees−0.210%−$21 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Binance is 0.162% dearer against BloFin than usual: you sell high and buy low (spread +0.185% now, against its 7-day average of +0.023%): +$16 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 10 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin UB-USDT	0.1488	0.0153	pay 0.0077% / 4h	1h 54m	$160K	$842K	50x
Short	Binance UBUSDT	0.1490	0.0100	get 0.0050% / 4h	1h 54m	$3.1M	$14.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against BloFin. 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 BloFinbpFee BinancebpOrdersPrice spread, now +0.185%Rate

Funding earned: −$11.19
Price spread: +0.185% → +0.023%: $16.21
Slippage, 4 orders: −$81.49
Fee BloFin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$98.47
Costs to cover: 1.035%
Break-even: never at this rate

Slippage from BloFin: live order book, 32 min ago; Binance: live order book, 16 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 BloFin live order book, 32 min ago	5.70 bp	22.1 bp −$22	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 16 min ago	0.67 bp	24.4 bp −$24	76.5 bp −$765	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 UBUSDTshort	+0.0100%	4h	0.1490	+0.185%	$3.1M	$14.9M	50x
Bybit UBUSDT	+0.0100%	4h	0.1485	−0.157%	$963K	$2.3M	20x	as long as short
OKX UB-USDT-SWAP	+0.0100%	4h	0.1490	+0.188%	$1.4M	$12.6M	20x	as long as short
Gate UB_USDT	+0.0100%	4h	0.1478	−0.652%	$1.5M	$3.3M	25x	as long as short
MEXC UB_USDT	+0.0100%	4h	0.1490	+0.168%	$698K	$640K	100x	as long as short
KuCoin UBUSDTM	+0.0100%	4h	0.1482	−0.386%	$1.0M	$1.0M	20x	as long as short
Bitget UBUSDT	+0.0100%	4h	0.1491	+0.215%	$2.4M	$3.0M	50x	as long as short
BingX UB-USDT	+0.0100%	4h	0.1488	+0.054%	—	$2.6M	—	as long as short
Variational Omni UB	+0.0100%	4h	0.1481	−0.438%	$422	$8K	—	as long as short
edgeX UBUSDC	+0.0100%	4h	0.1492	+0.273%	$38K	$270K	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	0.1487	−0.061%	$16K	$300K	20x	as long as short
Extended UB-USD	+0.0104%	1h	0.1487	−0.066%	$3K	$210K	5x	as long as short
BloFin UB-USDTlong	+0.0153%	4h	0.1488	long leg	$160K	$842K	50x
Aster UBUSDT	+0.0586%	4h	0.1486	−0.094%	$403K	$124K	5x	as long as short