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 −0.025%

Price spread now: OKX against Binance+0.071%7-day average −0.071% · you sell dearer than you buy

Net, funding: paid 7d − costs−$101as in the Funding arb table

Net, price: spread back to 7d avg − costs−$81as in the Price arb table

costs, in and out, $10k−$950.953% of the position

Long on Binance Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.055%−$6 on $10k

Price spread, last 7 days−0.008%−$1 · spread now +0.071%, 7d avg −0.071%

Together, before fees−0.063%−$6 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: OKX is 0.142% dearer against Binance than usual: you sell high and buy low, +$14 on $10k if it goes back to its 7-day average of −0.071%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance UBUSDT	0.1491	0.0100	pay 0.0050% / 4h	3h 15m	$3.2M	$17.5M	50x
Short	OKX UB-USDT-SWAP	0.1492	0.0100	get 0.0050% / 4h	3h 15m	$1.4M	$16.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.071%Rate

Funding earned: $0
Price spread: +0.071% → −0.071%: $14.21
Slippage, 4 orders: −$75.34
Fee Binance: 5 bp × 2 orders: −$10
Fee OKX: 5 bp × 2 orders: −$10
Net: −$81.13
Costs to cover: 0.953%
Break-even: never at this rate

Slippage from Binance: live order book, 10 min ago; OKX: live order book, 3 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, 10 min ago	0.68 bp	23.5 bp −$23	188.9 bp −$1,889	doesn't fit	doesn't fit
Sell OKX live order book, 3 min ago	0.67 bp	20.2 bp −$20	243.1 bp −$2,431	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	+0.0086%	4h	0.1491	+0.024%	$159K	$1.1M	50x	as long as short
Binance UBUSDTlong	+0.0100%	4h	0.1491	long leg	$3.2M	$17.5M	50x
Bybit UBUSDT	+0.0100%	4h	0.1489	−0.115%	$1.0M	$2.6M	20x	as long as short
OKX UB-USDT-SWAPshort	+0.0100%	4h	0.1492	+0.071%	$1.4M	$16.7M	20x
Gate UB_USDT	+0.0100%	4h	0.1487	−0.251%	$1.5M	$3.5M	25x	as long as short
MEXC UB_USDT	+0.0100%	4h	0.1492	+0.064%	$606K	$712K	100x	as long as short
KuCoin UBUSDTM	+0.0100%	4h	0.1487	−0.262%	$1.1M	$1.4M	20x	as long as short
Bitget UBUSDT	+0.0100%	4h	0.1492	+0.051%	$2.4M	$3.6M	50x	as long as short
BingX UB-USDT	+0.0100%	4h	0.1490	−0.083%	—	$2.7M	—	as long as short
Variational Omni UB	+0.0100%	4h	0.1488	−0.219%	$2K	$7K	—	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	0.1490	−0.036%	$38K	$265K	10x	as long as short
HTX UB-USDT	+0.0100%	4h	0.1490	−0.043%	$16K	$219K	20x	as long as short
Extended UB-USD	+0.0104%	1h	0.1490	−0.078%	$6K	$172K	5x	as long as short
Aster UBUSDT	+0.0608%	4h	0.1491	−0.003%	$405K	$199K	5x	as long as short