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 0.000%

Price spread now: Bitget against BingX−0.079%7-day average +0.096% · you buy dearer than you sell

Net, funding: paid 7d − costs−$107as in the Funding arb table

Net, price: spread back to 7d avg − costs−$115as in the Price arb table

costs, in and out, $10k−$980.977% of the position

Long on BingX Short on Bitget

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+0.132%+$13 · spread now −0.079%, 7d avg +0.096%

Together, before fees+0.039%+$4 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: Bitget is 0.176% cheaper against BingX than usual: you would sell low and buy high, −$18 on $10k if it goes back to its 7-day average of +0.096%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX UB-USDT	0.1511	0.0100	pay 0.0050% / 4h	2h 56m	—	$2.7M	—
Short	Bitget UBUSDT	0.1510	0.0100	get 0.0050% / 4h	2h 56m	$2.4M	$3.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now −0.079%Rate

Funding earned: $0
Price spread: −0.079% → +0.096%: −$17.55
Slippage, 4 orders: −$75.69
Fee BingX: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$115.24
Costs to cover: 0.977%
Break-even: never at this rate

Slippage from BingX: live order book, 7 min ago; Bitget: live order book, 1 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, 7 min ago	2.32 bp	19.8 bp −$20	83.3 bp −$833	doesn't fit	doesn't fit
Sell Bitget live order book, 1 min ago	5.62 bp	34.0 bp −$34	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	+0.0049%	4h	0.1510	−0.099%	$163K	$1.1M	50x	as long as short
Binance UBUSDT	+0.0100%	4h	0.1511	−0.007%	$3.3M	$17.7M	50x	as long as short
Bybit UBUSDT	+0.0100%	4h	0.1509	−0.121%	$1.1M	$2.6M	20x	as long as short
OKX UB-USDT-SWAP	+0.0100%	4h	0.1509	−0.126%	$1.4M	$16.8M	20x	as long as short
Gate UB_USDT	+0.0100%	4h	0.1508	−0.199%	$1.5M	$3.3M	25x	as long as short
MEXC UB_USDT	+0.0100%	4h	0.1510	−0.066%	$629K	$703K	100x	as long as short
KuCoin UBUSDTM	+0.0100%	4h	0.1507	−0.263%	$1.1M	$1.4M	20x	as long as short
Bitget UBUSDTshort	+0.0100%	4h	0.1510	−0.079%	$2.4M	$3.6M	50x
BingX UB-USDTlong	+0.0100%	4h	0.1511	long leg	—	$2.7M	—
Variational Omni UB	+0.0100%	4h	0.1503	−0.577%	$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	0.1499	−0.781%	$38K	$264K	10x	as long as short
HTX UB-USDT	+0.0100%	4h	0.1513	+0.106%	$17K	$225K	20x	as long as short
Extended UB-USD	+0.0104%	1h	0.1511	−0.051%	$6K	$172K	5x	as long as short
Aster UBUSDT	+0.0653%	4h	0.1508	−0.196%	$409K	$198K	5x	as long as short