Funding arb · Price arb /

UB

all UB markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: BingX against Binance−0.077%7-day average −0.025% · you buy dearer than you sell

Net, funding: paid 7d − costs−$98as in the Funding arb table

Net, price: spread back to 7d avg − costs−$113as in the Price arb table

costs, in and out, $10k−$1081.078% of the position

Long on Binance Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.093%+$9 on $10k

Price spread, last 7 days+0.098%+$10 · spread now −0.077%, 7d avg −0.025%

Together, before fees+0.191%+$19 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.052% cheaper against Binance than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.025%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance UBUSDT	0.1466	0.0100	pay 0.0050% / 4h	4m 27s	$3.1M	$16.1M	50x
Short	BingX UB-USDT	0.1464	0.0100	get 0.0050% / 4h	4m 27s	—	$2.7M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Binance. 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 BinancebpFee BingXbpOrdersPrice spread, now −0.077%Rate

Funding earned: $0
Price spread: −0.077% → −0.025%: −$5.19
Slippage, 4 orders: −$87.78
Fee Binance: 5 bp × 2 orders: −$10
Fee BingX: 5 bp × 2 orders: −$10
Net: −$112.97
Costs to cover: 1.078%
Break-even: never at this rate

Slippage from Binance: live order book, 6 min ago; BingX: live order book, 5 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 Binance live order book, 6 min ago	2.04 bp	27.5 bp −$27	221.1 bp −$2,211	doesn't fit	doesn't fit
Sell BingX live order book, 5 min ago	3.40 bp	26.9 bp −$27	70.7 bp −$707	876.7 bp −$87.7K	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-USDT	+0.0059%	4h	0.1465	−0.049%	$152K	$888K	50x	as long as short
Binance UBUSDTlong	+0.0100%	4h	0.1466	long leg	$3.1M	$16.1M	50x
Bybit UBUSDT	+0.0100%	4h	0.1463	−0.158%	$964K	$2.5M	20x	as long as short
OKX UB-USDT-SWAP	+0.0100%	4h	0.1465	−0.036%	$1.3M	$14.1M	20x	as long as short
Gate UB_USDT	+0.0100%	4h	0.1464	−0.124%	$1.5M	$3.5M	25x	as long as short
MEXC UB_USDT	+0.0100%	4h	0.1466	+0.012%	$671K	$684K	100x	as long as short
KuCoin UBUSDTM	+0.0100%	4h	0.1465	−0.024%	$1.0M	$1.2M	20x	as long as short
Bitget UBUSDT	+0.0100%	4h	0.1466	+0.019%	$2.4M	$3.3M	50x	as long as short
BingX UB-USDTshort	+0.0100%	4h	0.1464	−0.077%	—	$2.7M	—
Variational Omni UB	+0.0100%	4h	0.1465	−0.009%	$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	0.1472	+0.420%	$37K	$268K	10x	as long as short
HTX UB-USDT	+0.0100%	4h	0.1468	+0.183%	$16K	$268K	20x	as long as short
Extended UB-USD	+0.0104%	1h	0.1465	−0.016%	$5K	$169K	5x	as long as short
Aster UBUSDT	+0.0561%	4h	0.1467	+0.090%	$398K	$164K	5x	as long as short