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 +0.059%

Price spread now: edgeX against Bybit+0.447%7-day average +0.043% · you sell dearer than you buy

Net, funding: paid 7d − costs−$233as in the Funding arb table

Net, price: spread back to 7d avg − costs−$196as in the Price arb table

costs, in and out, $10k−$2362.363% of the position

Long on Bybit Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.029%+$3 on $10k

Price spread, last 3 days (all we have)−0.325%−$33 · spread now +0.447%, 7d avg +0.043%

Together, before fees−0.297%+ Points / potential airdropedgeX: Active · farm board−$30 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 0.404% dearer against Bybit than usual: you sell high and buy low, +$40 on $10k if it goes back to its 7-day average of +0.043%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit UBUSDT	0.1464	0.0100	pay 0.0050% / 4h	2h 35m	$1.1M	$2.4M	20x
Short	edgeX UBUSDC	0.1471	0.0100	get 0.0050% / 4h	2h 35m	$37K	$258K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Bybit. 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 BybitbpFee edgeXbpOrdersPrice spread, now +0.447%Rate

Funding earned: $0
Price spread: +0.447% → +0.043%: $40.42
Slippage, 4 orders: −$216.35
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$195.92
Costs to cover: 2.363%
Break-even: never at this rate

Slippage from Bybit: live order book, 2 min ago; edgeX: live order book, 52 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 Bybit live order book, 2 min ago	4.44 bp	104.6 bp −$105	555.3 bp −$5,553	doesn't fit	doesn't fit
Sell edgeX live order book, 52 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	0.1467	+0.143%	$3.2M	$16.4M	50x	as long as short
Bybit UBUSDTlong	+0.0100%	4h	0.1464	long leg	$1.1M	$2.4M	20x
OKX UB-USDT-SWAP	+0.0100%	4h	0.1465	+0.034%	$1.4M	$16.0M	20x	as long as short
Gate UB_USDT	+0.0100%	4h	0.1463	−0.075%	$1.5M	$3.4M	25x	as long as short
MEXC UB_USDT	+0.0100%	4h	0.1467	+0.150%	$669K	$698K	100x	as long as short
KuCoin UBUSDTM	+0.0100%	4h	0.1463	−0.092%	$1.0M	$1.4M	20x	as long as short
Bitget UBUSDT	+0.0100%	4h	0.1465	+0.041%	$2.4M	$3.5M	50x	as long as short
BingX UB-USDT	+0.0100%	4h	0.1466	+0.082%	—	$2.7M	—	as long as short
Variational Omni UB	+0.0100%	4h	0.1463	−0.113%	$92	$5K	—	as long as short
edgeX UBUSDCshort	+0.0100%	4h	0.1471	+0.447%	$37K	$258K	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	0.1467	+0.171%	$16K	$167K	20x	as long as short
Extended UB-USD	+0.0104%	1h	0.1467	+0.144%	$945	$176K	5x	as long as short
BloFin UB-USDT	+0.0110%	4h	0.1467	+0.164%	$161K	$1.2M	50x	as long as short
Aster UBUSDT	+0.0826%	4h	0.1465	+0.048%	$398K	$201K	5x	as long as short