UB

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0019%/8h= −2.1% APRnext payment −$0.10 per $10,000 · paid last 24h −0.001%

Price spread now: BloFin against MEXC+0.048%7-day average −0.022% · you sell dearer than you buy

Net, funding: paid 7d − costs−$68as in the Funding arb table

Net, price: spread back to 7d avg − costs−$60as in the Price arb table

costs, in and out, $10k−$670.673% of the position

Long on MEXC Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.010%−$1 on $10k

Price spread, last 4 days (all we have)+0.028%+$3 · spread now +0.048%, 7d avg −0.022%

Together, before fees+0.018%+$2 on $10k · with fees, hour by hour

The price spread pays, funding is against you. BloFin is 0.070% dearer against MEXC than usual: you sell high and buy low (spread +0.048% now, against its 7-day average of −0.022%): +$7 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 12 days. At the pace of the last 7 days (−0.010% in total) that is about 51 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC UB_USDT	0.1464	0.0100	pay 0.0050% / 4h	3h 41m	$649K	$616K	100x
Short	BloFin UB-USDT	0.1465	0.0081	get 0.0040% / 4h	3h 41m	$157K	$815K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against MEXC. 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 MEXCbpFee BloFinbpOrdersPrice spread, now +0.048%Rate

Funding earned: −$4.07
Price spread: +0.048% → −0.022%: $6.98
Slippage, 4 orders: −$47.33
Fee MEXC: 4 bp × 2 orders: −$8
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$64.42
Costs to cover: 0.673%
Break-even: never at this rate

Slippage from MEXC: live order book, 49 min ago; BloFin: live order book, 36 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 MEXC live order book, 49 min ago	0.34 bp	9.1 bp −$9	67.9 bp −$679	230.5 bp −$23.0K	566.7 bp −$283.3K
Sell BloFin live order book, 36 min ago	4.70 bp	26.3 bp −$26	73.2 bp −$732	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
KuCoin UBUSDTM	+0.0062%	4h	0.1462	−0.165%	$1.1M	$976K	20x	as long as short
BloFin UB-USDTshort	+0.0081%	4h	0.1465	+0.048%	$157K	$815K	50x
Binance UBUSDT	+0.0100%	4h	0.1464	−0.024%	$3.0M	$14.3M	50x	as long as short
Bybit UBUSDT	+0.0100%	4h	0.1464	−0.068%	$936K	$2.2M	20x	as long as short
OKX UB-USDT-SWAP	+0.0100%	4h	0.1462	−0.198%	$1.3M	$11.5M	20x	as long as short
Gate UB_USDT	+0.0100%	4h	0.1461	−0.225%	$1.5M	$3.2M	25x	as long as short
MEXC UB_USDTlong	+0.0100%	4h	0.1464	long leg	$649K	$616K	100x
Bitget UBUSDT	+0.0100%	4h	0.1463	−0.075%	$2.4M	$2.9M	50x	as long as short
BingX UB-USDT	+0.0100%	4h	0.1463	−0.096%	—	$2.6M	—	as long as short
Variational Omni UB	+0.0100%	4h	0.1473	+0.547%	$420	$8K	—	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	0.1474	+0.651%	$37K	$274K	10x	as long as short
HTX UB-USDT	+0.0100%	4h	0.1464	−0.014%	$16K	$335K	20x	as long as short
Extended UB-USD	+0.0104%	1h	0.1464	−0.041%	$3K	$225K	5x	as long as short
Aster UBUSDT	+0.0167%	4h	0.1464	−0.022%	$397K	$113K	5x	as long as short