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: MEXC against Binance+0.017%7-day average −0.005% · you sell dearer than you buy

Net, funding: paid 7d − costs−$54as in the Funding arb table

Net, price: spread back to 7d avg − costs−$52as in the Price arb table

costs, in and out, $10k−$540.537% of the position

Long on Binance Short on MEXC

What this pair did over the last

the charts below follow

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

Price spread, last 4 days (all we have)−0.032%−$3 · spread now +0.017%, 7d avg −0.005%

Together, before fees−0.032%−$3 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: MEXC is 0.022% dearer against Binance than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.005%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance UBUSDT	0.1507	0.0100	pay 0.0050% / 4h	3m 31s	$3.3M	$17.1M	50x
Short	MEXC UB_USDT	0.1508	0.0100	get 0.0050% / 4h	3m 31s	$655K	$715K	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.017%Rate

Funding earned: $0
Price spread: +0.017% → −0.005%: $2.16
Slippage, 4 orders: −$35.71
Fee Binance: 5 bp × 2 orders: −$10
Fee MEXC: 4 bp × 2 orders: −$8
Net: −$51.55
Costs to cover: 0.537%
Break-even: never at this rate

Slippage from Binance: live order book, 7 min ago; MEXC: 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, 7 min ago	1.00 bp	18.8 bp −$19	124.5 bp −$1,245	doesn't fit	doesn't fit
Sell MEXC live order book, 2 min ago	1.66 bp	10.1 bp −$10	59.7 bp −$597	240.3 bp −$24.0K	535.7 bp −$267.8K

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	0.1507	long leg	$3.3M	$17.1M	50x
Bybit UBUSDT	+0.0100%	4h	0.1506	−0.096%	$1.1M	$2.4M	20x	as long as short
OKX UB-USDT-SWAP	+0.0100%	4h	0.1503	−0.302%	$1.4M	$16.7M	20x	as long as short
Gate UB_USDT	+0.0100%	4h	0.1505	−0.182%	$1.5M	$3.5M	25x	as long as short
MEXC UB_USDTshort	+0.0100%	4h	0.1508	+0.017%	$655K	$715K	100x
KuCoin UBUSDTM	+0.0100%	4h	0.1507	−0.061%	$1.1M	$1.3M	20x	as long as short
Bitget UBUSDT	+0.0100%	4h	0.1505	−0.163%	$2.4M	$3.5M	50x	as long as short
BingX UB-USDT	+0.0100%	4h	0.1505	−0.136%	—	$2.7M	—	as long as short
Variational Omni UB	+0.0100%	4h	0.1502	−0.352%	$2K	$7K	—	as long as short
edgeX UBUSDC	+0.0100%	4h	0.1504	−0.232%	$38K	$263K	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	0.1510	+0.182%	$17K	$205K	20x	as long as short
Extended UB-USD	+0.0104%	1h	0.1507	−0.006%	$972	$176K	5x	as long as short
BloFin UB-USDT	+0.0131%	4h	0.1504	−0.202%	$162K	$1.1M	50x	as long as short
Aster UBUSDT	+0.0653%	4h	0.1511	+0.232%	$410K	$206K	5x	as long as short