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: Binance against BingX+0.076%7-day average +0.024% · you sell dearer than you buy

Net, funding: paid 7d − costs−$86as in the Funding arb table

Net, price: spread back to 7d avg − costs−$72as in the Price arb table

costs, in and out, $10k−$770.767% of the position

Long on BingX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.093%−$9 on $10k

Price spread, last 7 days−0.098%−$10 · spread now +0.076%, 7d avg +0.024%

Together, before fees−0.191%−$19 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: Binance is 0.052% dearer against BingX than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.024%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX UB-USDT	0.1474	0.0100	pay 0.0050% / 4h	35m 19s	—	$2.7M	—
Short	Binance UBUSDT	0.1475	0.0100	get 0.0050% / 4h	35m 19s	$3.2M	$16.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against BingX. 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 BingXbpFee BinancebpOrdersPrice spread, now +0.076%Rate

Funding earned: $0
Price spread: +0.076% → +0.024%: $5.21
Slippage, 4 orders: −$56.75
Fee BingX: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$71.54
Costs to cover: 0.767%
Break-even: never at this rate

Slippage from BingX: live order book, 14 min ago; Binance: live order book, 5 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 BingX live order book, 14 min ago	0.34 bp	16.1 bp −$16	96.7 bp −$967	doesn't fit	doesn't fit
Sell Binance live order book, 5 min ago	1.69 bp	21.2 bp −$21	91.2 bp −$912	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 UBUSDTshort	+0.0100%	4h	0.1475	+0.076%	$3.2M	$16.9M	50x
Bybit UBUSDT	+0.0100%	4h	0.1475	+0.048%	$1.1M	$2.4M	20x	as long as short
OKX UB-USDT-SWAP	+0.0100%	4h	0.1473	−0.102%	$1.4M	$16.2M	20x	as long as short
Gate UB_USDT	+0.0100%	4h	0.1474	−0.007%	$1.5M	$3.4M	25x	as long as short
MEXC UB_USDT	+0.0100%	4h	0.1475	+0.047%	$644K	$698K	100x	as long as short
KuCoin UBUSDTM	+0.0100%	4h	0.1476	+0.109%	$1.1M	$1.3M	20x	as long as short
Bitget UBUSDT	+0.0100%	4h	0.1476	+0.088%	$2.4M	$3.5M	50x	as long as short
BingX UB-USDTlong	+0.0100%	4h	0.1474	long leg	—	$2.7M	—
Variational Omni UB	+0.0100%	4h	0.1477	+0.199%	$2K	$7K	—	as long as short
edgeX UBUSDC	+0.0100%	4h	0.1480	+0.356%	$37K	$262K	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	0.1479	+0.353%	$17K	$197K	20x	as long as short
Extended UB-USD	+0.0104%	1h	0.1475	+0.035%	$953	$176K	5x	as long as short
BloFin UB-USDT	+0.0136%	4h	0.1476	+0.102%	$163K	$1.1M	50x	as long as short
Aster UBUSDT	+0.0594%	4h	0.1477	+0.155%	$400K	$203K	5x	as long as short