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 −0.020%

Price spread now: Gate against Binance+0.034%7-day average −0.075% · you sell dearer than you buy

Net, funding: paid 7d − costs−$335as in the Funding arb table

Net, price: spread back to 7d avg − costs−$320as in the Price arb table

costs, in and out, $10k−$3313.306% of the position

Long on Binance Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.044%−$4 on $10k

Price spread, last 7 days+0.035%+$3 · spread now +0.034%, 7d avg −0.075%

Together, before fees−0.010%−$1 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: Gate is 0.109% dearer against Binance than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of −0.075%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance UBUSDT	0.1470	0.0100	pay 0.0050% / 4h	2h 41m	$3.2M	$16.4M	50x
Short	Gate UB_USDT	0.1471	0.0100	get 0.0050% / 4h	2h 41m	$1.5M	$3.3M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.034%Rate

Funding earned: $0
Price spread: +0.034% → −0.075%: $10.88
Slippage, 4 orders: −$305.64
Fee Binance: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$319.77
Costs to cover: 3.306%
Break-even: never at this rate

Slippage from Binance: live order book, 15 min ago; Gate: live order book, 2 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, 15 min ago	2.05 bp	31.6 bp −$32	226.5 bp −$2,265	doesn't fit	doesn't fit
Sell Gate live order book, 2 min ago	14.98 bp	119.2 bp −$119	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
BloFin UB-USDT	+0.0061%	4h	0.1472	+0.082%	$160K	$1.2M	50x	as long as short
Binance UBUSDTlong	+0.0100%	4h	0.1470	long leg	$3.2M	$16.4M	50x
Bybit UBUSDT	+0.0100%	4h	0.1470	−0.010%	$1.1M	$2.4M	20x	as long as short
OKX UB-USDT-SWAP	+0.0100%	4h	0.1469	−0.109%	$1.4M	$16.1M	20x	as long as short
Gate UB_USDTshort	+0.0100%	4h	0.1471	+0.034%	$1.5M	$3.3M	25x
MEXC UB_USDT	+0.0100%	4h	0.1471	+0.014%	$680K	$692K	100x	as long as short
KuCoin UBUSDTM	+0.0100%	4h	0.1470	−0.052%	$1.0M	$1.4M	20x	as long as short
Bitget UBUSDT	+0.0100%	4h	0.1469	−0.075%	$2.4M	$3.6M	50x	as long as short
BingX UB-USDT	+0.0100%	4h	0.1467	−0.204%	—	$2.7M	—	as long as short
Variational Omni UB	+0.0100%	4h	0.1473	+0.147%	$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	−0.338%	$37K	$259K	10x	as long as short
HTX UB-USDT	+0.0100%	4h	0.1471	+0.034%	$16K	$165K	20x	as long as short
Extended UB-USD	+0.0104%	1h	0.1471	+0.036%	$945	$176K	5x	as long as short
Aster UBUSDT	+0.0889%	4h	0.1473	+0.147%	$400K	$202K	5x	as long as short