UB

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0026%/8h= −2.8% APRnext payment −$0.13 per $10,000 · paid last 24h +0.001%

Price spread now: BingX against BloFin−0.020%111s7-day average −0.024% · you buy dearer than you sell

Net, funding: paid 7d − costs−$74as 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−$850.849% of the position

Long on BloFin Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.105%+$10 on $10k

Price spread, last 4 days (all we have)−0.017%−$2 · spread now −0.020%, 7d avg −0.024%

Together, before fees+0.088%+$9 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.024%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.105%, so the current rate has only just turned against you. The two prices were read 111 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	BloFin UB-USDT	0.1482	0.0126	pay 0.0063% / 4h	1h 03m	$160K	$834K	50x
Short	BingX UB-USDT	0.1481	0.0100	get 0.0050% / 4h	1h 03m	—	$2.6M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX 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 BingXbpOrdersPrice spread, now −0.020%Rate

Funding earned: −$5.36
Price spread: −0.020% → −0.024%: $0.4
Slippage, 4 orders: −$62.93
Fee BloFin: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: −$89.88
Costs to cover: 0.849%
Break-even: never at this rate

Slippage from BloFin: live order book, 18 min ago; BingX: 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 BloFin live order book, 18 min ago	0.67 bp	26.7 bp −$27	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 1 min ago	2.70 bp	24.0 bp −$24	69.5 bp −$695	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	0.1482	+0.038%	$3.1M	$14.4M	50x	as long as short
Bybit UBUSDT	+0.0100%	4h	0.1480	−0.119%	$956K	$2.2M	20x	as long as short
OKX UB-USDT-SWAP	+0.0100%	4h	0.1481	−0.061%	$1.4M	$11.9M	20x	as long as short
Gate UB_USDT	+0.0100%	4h	0.1478	−0.223%	$1.5M	$3.3M	25x	as long as short
MEXC UB_USDT	+0.0100%	4h	0.1482	+0.007%	$689K	$658K	100x	as long as short
KuCoin UBUSDTM	+0.0100%	4h	0.1479	−0.158%	$1.0M	$979K	20x	as long as short
Bitget UBUSDT	+0.0100%	4h	0.1481	−0.020%	$2.4M	$2.9M	50x	as long as short
BingX UB-USDTshort	+0.0100%	4h	0.1481	−0.020%	—	$2.6M	—
Variational Omni UB	+0.0100%	4h	0.1481	−0.065%	$423	$8K	—	as long as short
edgeX UBUSDC	+0.0100%	4h	0.1482	+0.026%	$37K	$272K	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	0.1481	−0.047%	$16K	$314K	20x	as long as short
Extended UB-USD	+0.0104%	1h	0.1480	−0.127%	$3K	$109K	5x	as long as short
BloFin UB-USDTlong	+0.0126%	4h	0.1482	long leg	$160K	$834K	50x
Aster UBUSDT	+0.0425%	4h	0.1483	+0.083%	$402K	$114K	5x	as long as short