UB

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0054%/8h= +6.0% APRnext payment +$0.27 per $10,000 · paid last 24h −0.060%

Price spread now: Bybit against BloFin−0.351%7-day average −0.091% · you buy dearer than you sell

Net, funding: paid 7d − costs−$159as in the Funding arb table

Net, price: spread back to 7d avg − costs−$183as in the Price arb table

costs, in and out, $10k−$1571.574% of the position

Long on BloFin Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.017%−$2 on $10k

Price spread, last 3 days (all we have)+0.266%+$27 · spread now −0.351%, 7d avg −0.091%

Together, before fees+0.249%+$25 on $10k · with fees, hour by hour

Funding pays, the price is against you. Bybit is 0.260% cheaper against BloFin than usual: you would sell low and buy high (spread −0.351% now, against its 7-day average of −0.091%). If the spread goes back, that is −$26 on $10k: about 16 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin UB-USDT	0.1487	0.0046	pay 0.0023% / 4h	26m 35s	$163K	$1.1M	50x
Short	Bybit UBUSDT	0.1482	0.0100	get 0.0050% / 4h	26m 35s	$1.1M	$2.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now −0.351%Rate

Funding earned: $11.42
Price spread: −0.351% → −0.091%: −$26.02
Slippage, 4 orders: −$134.43
Fee BloFin: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$172.03
Costs to cover: 1.574%
Break-even: 112.4 days

Slippage from BloFin: live order book, 1 min ago; Bybit: live order book, just now.

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, 1 min ago	3.71 bp	20.0 bp −$20	59.6 bp −$596	doesn't fit	doesn't fit
Sell Bybit live order book, just now	0.68 bp	57.4 bp −$57	495.5 bp −$4,955	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
BloFin UB-USDTlong	+0.0046%	4h	0.1487	long leg	$163K	$1.1M	50x
Binance UBUSDT	+0.0100%	4h	0.1484	−0.262%	$3.2M	$16.9M	50x	as long as short
Bybit UBUSDTshort	+0.0100%	4h	0.1482	−0.351%	$1.1M	$2.4M	20x
OKX UB-USDT-SWAP	+0.0100%	4h	0.1482	−0.370%	$1.4M	$16.3M	20x	as long as short
Gate UB_USDT	+0.0100%	4h	0.1479	−0.538%	$1.5M	$3.4M	25x	as long as short
MEXC UB_USDT	+0.0100%	4h	0.1484	−0.235%	$645K	$699K	100x	as long as short
KuCoin UBUSDTM	+0.0100%	4h	0.1481	−0.469%	$1.1M	$1.3M	20x	as long as short
Bitget UBUSDT	+0.0100%	4h	0.1484	−0.255%	$2.4M	$3.5M	50x	as long as short
BingX UB-USDT	+0.0100%	4h	0.1483	−0.303%	—	$2.7M	—	as long as short
Variational Omni UB	+0.0100%	4h	0.1479	−0.596%	$2K	$7K	—	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX UBUSDC	+0.0100%	4h	0.1481	−0.448%	$37K	$261K	10x	as long as short
HTX UB-USDT	+0.0100%	4h	0.1484	−0.222%	$16K	$199K	20x	as long as short
Extended UB-USD	+0.0104%	1h	0.1483	−0.281%	$953	$176K	5x	as long as short
Aster UBUSDT	+0.0617%	4h	0.1486	−0.104%	$403K	$204K	5x	as long as short