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: edgeX against BingX+0.172%7-day average −0.002% · you sell dearer than you buy

Net, funding: paid 7d − costs−$109as in the Funding arb table

Net, price: spread back to 7d avg − costs−$83as in the Price arb table

costs, in and out, $10k−$1000.999% of the position

Long on BingX Short on edgeX

What this pair did over the last

the charts below follow

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

Price spread, last 3 days (all we have)−0.044%−$4 · spread now +0.172%, 7d avg −0.002%

Together, before fees−0.137%+ Points / potential airdropedgeX: Active · farm board−$14 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: edgeX is 0.173% dearer against BingX than usual: you sell high and buy low, +$17 on $10k if it goes back to its 7-day average of −0.002%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX UB-USDT	0.1469	0.0100	pay 0.0050% / 4h	2h 38m	—	$2.7M	—
Short	edgeX UBUSDC	0.1472	0.0100	get 0.0050% / 4h	2h 38m	$37K	$257K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now +0.172%Rate

Funding earned: $0
Price spread: +0.172% → −0.002%: $17.33
Slippage, 4 orders: −$80.92
Fee BingX: 5 bp × 2 orders: −$10
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$82.59
Costs to cover: 0.999%
Break-even: never at this rate

Slippage from BingX: live order book, 1 min ago; edgeX: live order book, 48 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, 1 min ago	5.11 bp	33.2 bp −$33	141.6 bp −$1,416	doesn't fit	doesn't fit
Sell edgeX live order book, 48 min ago	6.82 bp	15.5 bp −$16	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
Binance UBUSDT	+0.0100%	4h	0.1470	+0.095%	$3.2M	$16.4M	50x	as long as short
Bybit UBUSDT	+0.0100%	4h	0.1468	−0.074%	$1.1M	$2.4M	20x	as long as short
OKX UB-USDT-SWAP	+0.0100%	4h	0.1469	+0.020%	$1.4M	$16.1M	20x	as long as short
Gate UB_USDT	+0.0100%	4h	0.1469	0.000%	$1.5M	$3.4M	25x	as long as short
MEXC UB_USDT	+0.0100%	4h	0.1470	+0.075%	$680K	$692K	100x	as long as short
KuCoin UBUSDTM	+0.0100%	4h	0.1469	0.000%	$1.0M	$1.4M	20x	as long as short
Bitget UBUSDT	+0.0100%	4h	0.1469	0.000%	$2.4M	$3.6M	50x	as long as short
BingX UB-USDTlong	+0.0100%	4h	0.1469	long leg	—	$2.7M	—
Variational Omni UB	+0.0100%	4h	0.1469	−0.027%	$92	$5K	—	as long as short
edgeX UBUSDCshort	+0.0100%	4h	0.1472	+0.172%	$37K	$257K	10x

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX UB-USDT	+0.0100%	4h	0.1471	+0.157%	$16K	$166K	20x	as long as short
Extended UB-USD	+0.0104%	1h	0.1470	+0.069%	$945	$176K	5x	as long as short
BloFin UB-USDT	+0.0150%	4h	0.1471	+0.163%	$161K	$1.2M	50x	as long as short
Aster UBUSDT	+0.0880%	4h	0.1472	+0.192%	$400K	$201K	5x	as long as short