Funding arb · Price arb /

UB

all UB markets

Swap Backtest

Alert: funding

Alert: spread

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

Price spread now: Bitget against Binance−0.129%7-day average +0.072% · you buy dearer than you sell

Net, funding: paid 7d − costs−$128as in the Funding arb table

Net, price: spread back to 7d avg − costs−$148as in the Price arb table

costs, in and out, $10k−$1281.279% of the position

Long on Binance Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 7 days+0.159%+$16 · spread now −0.129%, 7d avg +0.072%

Together, before fees+0.159%+$16 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: Bitget is 0.201% cheaper against Binance than usual: you would sell low and buy high, −$20 on $10k if it goes back to its 7-day average of +0.072%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance UBUSDT	0.1471	0.0100	pay 0.0050% / 4h	2h 41m	$3.2M	$16.4M	50x
Short	Bitget UBUSDT	0.1469	0.0100	get 0.0050% / 4h	2h 41m	$2.4M	$3.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now −0.129%Rate

Funding earned: $0
Price spread: −0.129% → +0.072%: −$20.08
Slippage, 4 orders: −$105.92
Fee Binance: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$148
Costs to cover: 1.279%
Break-even: never at this rate

Slippage from Binance: live order book, 14 min ago; Bitget: 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 Binance live order book, 14 min ago	2.05 bp	31.6 bp −$32	226.5 bp −$2,265	doesn't fit	doesn't fit
Sell Bitget live order book, 1 min ago	7.14 bp	38.1 bp −$38	185.0 bp −$1,850	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-USDT	+0.0041%	4h	0.1473	+0.102%	$160K	$1.2M	50x	as long as short
Binance UBUSDTlong	+0.0100%	4h	0.1471	long leg	$3.2M	$16.4M	50x
Bybit UBUSDT	+0.0100%	4h	0.1471	−0.046%	$1.1M	$2.4M	20x	as long as short
OKX UB-USDT-SWAP	+0.0100%	4h	0.1469	−0.150%	$1.4M	$16.1M	20x	as long as short
Gate UB_USDT	+0.0100%	4h	0.1471	−0.020%	$1.5M	$3.3M	25x	as long as short
MEXC UB_USDT	+0.0100%	4h	0.1471	−0.027%	$680K	$692K	100x	as long as short
KuCoin UBUSDTM	+0.0100%	4h	0.1469	−0.175%	$1.0M	$1.4M	20x	as long as short
Bitget UBUSDTshort	+0.0100%	4h	0.1469	−0.129%	$2.4M	$3.6M	50x
BingX UB-USDT	+0.0100%	4h	0.1470	−0.109%	—	$2.7M	—	as long as short
Variational Omni UB	+0.0100%	4h	0.1473	+0.092%	$92	$5K	—	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	0.1465	−0.392%	$37K	$259K	10x	as long as short
HTX UB-USDT	+0.0100%	4h	0.1470	−0.054%	$16K	$165K	20x	as long as short
Extended UB-USD	+0.0104%	1h	0.1472	+0.078%	$945	$176K	5x	as long as short
Aster UBUSDT	+0.0889%	4h	0.1473	+0.144%	$400K	$202K	5x	as long as short