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: BingX against Bitget+0.020%7-day average −0.096% · you sell dearer than you buy

Net, funding: paid 7d − costs−$85as in the Funding arb table

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

costs, in and out, $10k−$940.941% of the position

Long on Bitget Short on BingX

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−0.072%−$7 · spread now +0.020%, 7d avg −0.096%

Together, before fees+0.022%+$2 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: BingX is 0.116% dearer against Bitget than usual: you sell high and buy low, +$12 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	Bitget UBUSDT	0.1485	0.0100	pay 0.0050% / 4h	1h 01m	$2.4M	$3.5M	50x
Short	BingX UB-USDT	0.1485	0.0100	get 0.0050% / 4h	1h 01m	—	$2.7M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Bitget. 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 BitgetbpFee BingXbpOrdersPrice spread, now +0.020%Rate

Funding earned: $0
Price spread: +0.020% → −0.096%: $11.6
Slippage, 4 orders: −$72.1
Fee Bitget: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: −$82.51
Costs to cover: 0.941%
Break-even: never at this rate

Slippage from Bitget: live order book, 2 min ago; BingX: live order book, 13 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 Bitget live order book, 2 min ago	4.37 bp	20.3 bp −$20	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 13 min ago	3.72 bp	27.4 bp −$27	106.5 bp −$1,065	918.7 bp −$91.9K	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	0.1485	+0.011%	$3.2M	$16.7M	50x	as long as short
Bybit UBUSDT	+0.0100%	4h	0.1483	−0.101%	$1.1M	$2.4M	20x	as long as short
OKX UB-USDT-SWAP	+0.0100%	4h	0.1484	−0.054%	$1.4M	$16.3M	20x	as long as short
Gate UB_USDT	+0.0100%	4h	0.1481	−0.269%	$1.5M	$3.5M	25x	as long as short
MEXC UB_USDT	+0.0100%	4h	0.1485	+0.007%	$645K	$710K	100x	as long as short
KuCoin UBUSDTM	+0.0100%	4h	0.1481	−0.282%	$1.0M	$1.4M	20x	as long as short
Bitget UBUSDTlong	+0.0100%	4h	0.1485	long leg	$2.4M	$3.5M	50x
BingX UB-USDTshort	+0.0100%	4h	0.1485	+0.020%	—	$2.7M	—
Variational Omni UB	+0.0100%	4h	0.1477	−0.535%	$92	$5K	—	as long as short
edgeX UBUSDC	+0.0100%	4h	0.1483	−0.153%	$37K	$261K	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	0.1485	+0.013%	$16K	$189K	20x	as long as short
Extended UB-USD	+0.0104%	1h	0.1485	+0.003%	$957	$176K	5x	as long as short
BloFin UB-USDT	+0.0116%	4h	0.1485	+0.040%	$162K	$1.1M	50x	as long as short
Aster UBUSDT	+0.0669%	4h	0.1487	+0.135%	$403K	$204K	5x	as long as short