Funding arb · Price arb /

UB

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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 Bitget−0.264%84s7-day average −0.086% · you buy dearer than you sell

Net, funding: paid 7d − costs−$96as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$960.963% of the position

Long on Bitget Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 3 days (all we have)+0.235%+$24 · spread now −0.264%, 7d avg −0.086%

Together, before fees+0.235%+ Points / potential airdropedgeX: Active · farm board+$24 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 0.178% cheaper against Bitget than usual: you would sell low and buy high, −$18 on $10k if it goes back to its 7-day average of −0.086%. The two prices were read 84 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget UBUSDT	0.1469	0.0100	pay 0.0050% / 4h	2h 40m	$2.4M	$3.6M	50x
Short	edgeX UBUSDC	0.1465	0.0100	get 0.0050% / 4h	2h 40m	$37K	$259K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now −0.264%Rate

Funding earned: $0
Price spread: −0.264% → −0.086%: −$17.75
Slippage, 4 orders: −$75.32
Fee Bitget: 6 bp × 2 orders: −$12
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$114.07
Costs to cover: 0.963%
Break-even: never at this rate

Slippage from Bitget: live order book, 3 min ago; edgeX: live order book, 47 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, 3 min ago	7.14 bp	28.9 bp −$29	doesn't fit	doesn't fit	doesn't fit
Sell edgeX live order book, 47 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
BloFin UB-USDT	+0.0061%	4h	0.1472	+0.157%	$160K	$1.2M	50x	as long as short
Binance UBUSDT	+0.0100%	4h	0.1470	+0.042%	$3.2M	$16.4M	50x	as long as short
Bybit UBUSDT	+0.0100%	4h	0.1469	+0.001%	$1.1M	$2.4M	20x	as long as short
OKX UB-USDT-SWAP	+0.0100%	4h	0.1469	−0.041%	$1.4M	$16.1M	20x	as long as short
Gate UB_USDT	+0.0100%	4h	0.1470	+0.082%	$1.5M	$3.4M	25x	as long as short
MEXC UB_USDT	+0.0100%	4h	0.1470	+0.048%	$680K	$692K	100x	as long as short
KuCoin UBUSDTM	+0.0100%	4h	0.1469	+0.008%	$1.0M	$1.4M	20x	as long as short
Bitget UBUSDTlong	+0.0100%	4h	0.1469	long leg	$2.4M	$3.6M	50x
BingX UB-USDT	+0.0100%	4h	0.1469	−0.048%	—	$2.7M	—	as long as short
Variational Omni UB	+0.0100%	4h	0.1469	−0.047%	$92	$5K	—	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX UBUSDCshort	+0.0100%	4h	0.1465	−0.264%	$37K	$259K	10x
HTX UB-USDT	+0.0100%	4h	0.1469	−0.020%	$15K	$166K	20x	as long as short
Extended UB-USD	+0.0104%	1h	0.1470	+0.056%	$945	$176K	5x	as long as short
Aster UBUSDT	+0.0889%	4h	0.1473	+0.282%	$400K	$202K	5x	as long as short