UB

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0058%/8h= +6.4% APRnext payment +$0.29 per $10,000 · paid last 24h +0.060%

Price spread now: BloFin against OKX+0.189%7-day average +0.146% · you sell dearer than you buy

Net, funding: paid 7d − costs−$76as in the Funding arb table

Net, price: spread back to 7d avg − costs−$76as in the Price arb table

costs, in and out, $10k−$800.804% of the position

Long on OKX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.043%+$4 on $10k

Price spread, last 3 days (all we have)−0.053%−$5 · spread now +0.189%, 7d avg +0.146%

Together, before fees−0.010%−$1 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BloFin is 0.043% dearer against OKX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.146%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX UB-USDT-SWAP	0.1481	0.0100	pay 0.0050% / 4h	19m 08s	$1.4M	$16.3M	20x
Short	BloFin UB-USDT	0.1484	0.0158	get 0.0079% / 4h	19m 08s	$161K	$1.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against OKX. 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 OKXbpFee BloFinbpOrdersPrice spread, now +0.189%Rate

Funding earned: $12.19
Price spread: +0.189% → +0.146%: $4.3
Slippage, 4 orders: −$58.39
Fee OKX: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$63.9
Costs to cover: 0.804%
Break-even: 43.7 days

Slippage from OKX: live order book, 4 min ago; BloFin: live order book, 3 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 OKX live order book, 4 min ago	2.02 bp	20.8 bp −$21	237.9 bp −$2,379	doesn't fit	doesn't fit
Sell BloFin live order book, 3 min ago	0.34 bp	19.5 bp −$20	52.8 bp −$528	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	0.1483	+0.169%	$3.2M	$16.9M	50x	as long as short
Bybit UBUSDT	+0.0100%	4h	0.1481	+0.027%	$1.1M	$2.4M	20x	as long as short
OKX UB-USDT-SWAPlong	+0.0100%	4h	0.1481	long leg	$1.4M	$16.3M	20x
Gate UB_USDT	+0.0100%	4h	0.1480	−0.061%	$1.5M	$3.5M	25x	as long as short
MEXC UB_USDT	+0.0100%	4h	0.1483	+0.169%	$644K	$700K	100x	as long as short
KuCoin UBUSDTM	+0.0100%	4h	0.1480	−0.054%	$1.1M	$1.3M	20x	as long as short
Bitget UBUSDT	+0.0100%	4h	0.1483	+0.155%	$2.4M	$3.4M	50x	as long as short
BingX UB-USDT	+0.0100%	4h	0.1481	+0.034%	—	$2.7M	—	as long as short
Variational Omni UB	+0.0100%	4h	0.1482	+0.081%	$2K	$7K	—	as long as short
edgeX UBUSDC	+0.0100%	4h	0.1483	+0.138%	$37K	$262K	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	0.1484	+0.223%	$17K	$201K	20x	as long as short
Extended UB-USD	+0.0104%	1h	0.1483	+0.150%	$953	$176K	5x	as long as short
BloFin UB-USDTshort	+0.0158%	4h	0.1484	+0.189%	$161K	$1.1M	50x
Aster UBUSDT	+0.0619%	4h	0.1484	+0.239%	$403K	$205K	5x	as long as short