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: edgeX against Binance+0.448%7-day average −0.049% · you sell dearer than you buy

Net, funding: paid 7d − costs−$95as in the Funding arb table

Net, price: spread back to 7d avg − costs−$45as in the Price arb table

costs, in and out, $10k−$950.947% of the position

Long on Binance Short on edgeX

What this pair did over the last

the charts below follow

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

Price spread, last 3 days (all we have)−0.358%−$36 · spread now +0.448%, 7d avg −0.049%

Together, before fees−0.358%+ Points / potential airdropedgeX: Active · farm board−$36 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: edgeX is 0.497% dearer against Binance than usual: you sell high and buy low, +$50 on $10k if it goes back to its 7-day average of −0.049%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance UBUSDT	0.1464	0.0100	pay 0.0050% / 4h	2h 37m	$3.2M	$16.4M	50x
Short	edgeX UBUSDC	0.1471	0.0100	get 0.0050% / 4h	2h 37m	$37K	$258K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now +0.448%Rate

Funding earned: $0
Price spread: +0.448% → −0.049%: $49.69
Slippage, 4 orders: −$75.74
Fee Binance: 5 bp × 2 orders: −$10
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$45.05
Costs to cover: 0.947%
Break-even: never at this rate

Slippage from Binance: live order book, 3 min ago; edgeX: live order book, 50 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, 3 min ago	1.70 bp	34.8 bp −$35	204.0 bp −$2,040	doesn't fit	doesn't fit
Sell edgeX live order book, 50 min ago	6.82 bp	15.5 bp −$16	doesn't fit	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 UBUSDTlong	+0.0100%	4h	0.1464	long leg	$3.2M	$16.4M	50x
Bybit UBUSDT	+0.0100%	4h	0.1463	−0.063%	$1.1M	$2.4M	20x	as long as short
OKX UB-USDT-SWAP	+0.0100%	4h	0.1463	−0.081%	$1.3M	$16.0M	20x	as long as short
Gate UB_USDT	+0.0100%	4h	0.1465	+0.022%	$1.5M	$3.4M	25x	as long as short
MEXC UB_USDT	+0.0100%	4h	0.1464	+0.001%	$671K	$698K	100x	as long as short
KuCoin UBUSDTM	+0.0100%	4h	0.1463	−0.115%	$1.0M	$1.4M	20x	as long as short
Bitget UBUSDT	+0.0100%	4h	0.1464	−0.033%	$2.4M	$3.5M	50x	as long as short
BingX UB-USDT	+0.0100%	4h	0.1464	−0.019%	—	$2.7M	—	as long as short
Variational Omni UB	+0.0100%	4h	0.1469	+0.288%	$92	$5K	—	as long as short
edgeX UBUSDCshort	+0.0100%	4h	0.1471	+0.448%	$37K	$258K	10x

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX UB-USDT	+0.0100%	4h	0.1466	+0.097%	$16K	$167K	20x	as long as short
Extended UB-USD	+0.0104%	1h	0.1464	−0.015%	$945	$176K	5x	as long as short
BloFin UB-USDT	+0.0150%	4h	0.1471	+0.479%	$161K	$1.2M	50x	as long as short
Aster UBUSDT	+0.0850%	4h	0.1466	+0.104%	$398K	$201K	5x	as long as short