Settings8H · net · $10k
Funding arb · Price arb /

UB

all UB markets
SwapBacktest
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 −0.059%
Price spread now: OKX against BingX−0.041%7-day average −0.045% · you buy dearer than you sell
Net, funding: paid 7d − costs−$149as in the Funding arb table
Net, price: spread back to 7d avg − costs−$133as in the Price arb table
costs, in and out, $10k−$1341.337% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.149%−$15 on $10k
Price spread, last 7 days+0.116%+$12 · spread now −0.041%, 7d avg −0.045%
Together, before fees−0.032%−$3 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX UB-USDT0.14630.0100pay 0.0050% / 4h2h 36m$2.7M
ShortOKX UB-USDT-SWAP0.14630.0100get 0.0050% / 4h2h 36m$1.4M$16.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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

Funding earned
$0
Price spread: −0.041% → −0.045%
$0.38
Slippage, 4 orders
−$113.72
Fee BingX: 5 bp × 2 orders
−$10
Fee OKX: 5 bp × 2 orders
−$10
Net
−$133.34
Costs to cover
1.337%
Break-even
never at this rate
Slippage from BingX: live order book, 3 min ago; OKX: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 3 min ago5.11 bp33.2 bp −$33141.6 bp −$1,416doesn't fitdoesn't fit
Sell OKX live order book, 2 min ago2.05 bp27.2 bp −$27279.3 bp −$2,793doesn't fitdoesn't fit

UB on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance UBUSDT+0.0100%4h0.1465+0.082%$3.2M$16.4M50xas long as short
Bybit UBUSDT+0.0100%4h0.1464+0.014%$1.1M$2.4M20xas long as short
OKX UB-USDT-SWAPshort+0.0100%4h0.1463−0.041%$1.4M$16.0M20x
Gate UB_USDT+0.0100%4h0.1464+0.041%$1.5M$3.4M25xas long as short
MEXC UB_USDT+0.0100%4h0.1464+0.055%$670K$698K100xas long as short
KuCoin UBUSDTM+0.0100%4h0.1463−0.022%$1.0M$1.4M20xas long as short
Bitget UBUSDT+0.0100%4h0.1465+0.096%$2.4M$3.6M50xas long as short
BingX UB-USDTlong+0.0100%4h0.1463long leg$2.7M
Variational Omni UB+0.0100%4h0.1469+0.356%$92$5Kas long as short
edgeX UBUSDC+0.0100%4h0.1471+0.516%$37K$258K10xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX UB-USDT+0.0100%4h0.1466+0.164%$16K$167K20xas long as short
Extended UB-USD+0.0104%1h0.1464+0.063%$945$176K5xas long as short
BloFin UB-USDT+0.0148%4h0.1467+0.212%$160K$1.2M50xas long as short
Aster UBUSDT+0.0835%4h0.1464+0.071%$398K$201K5xas long as short