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 edgeX+0.044%55s7-day average +0.001% · you sell dearer than you buy

Net, funding: paid 7d − costs−$80as 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−$900.897% of the position

Long on edgeX 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 3 days (all we have)−0.165%−$16 · spread now +0.044%, 7d avg +0.001%

Together, before fees−0.071%+ Points / potential airdropedgeX: Active · farm board−$7 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 0.043% dearer against edgeX than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.001%. The two prices were read 55 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	edgeX UBUSDC	0.1459	0.0100	pay 0.0050% / 4h	2h 54m	$37K	$257K	10x
Short	BingX UB-USDT	0.1459	0.0100	get 0.0050% / 4h	2h 54m	—	$2.7M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against edgeX. 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 edgeXbpFee BingXbpOrdersPrice spread, now +0.044%Rate

Funding earned: $0
Price spread: +0.044% → +0.001%: $4.28
Slippage, 4 orders: −$70.7
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee BingX: 5 bp × 2 orders: −$10
Net: −$85.42
Costs to cover: 0.897%
Break-even: never at this rate

Slippage from edgeX: live order book, 33 min ago; BingX: live order book, 10 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 edgeX live order book, 33 min ago	6.82 bp	13.8 bp −$14	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 10 min ago	3.09 bp	26.7 bp −$27	101.1 bp −$1,011	886.7 bp −$88.7K	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	0.1461	+0.146%	$3.2M	$16.5M	50x	as long as short
Bybit UBUSDT	+0.0100%	4h	0.1458	−0.032%	$1.1M	$2.4M	20x	as long as short
OKX UB-USDT-SWAP	+0.0100%	4h	0.1460	+0.092%	$1.4M	$16.0M	20x	as long as short
Gate UB_USDT	+0.0100%	4h	0.1457	−0.114%	$1.5M	$3.3M	25x	as long as short
MEXC UB_USDT	+0.0100%	4h	0.1460	+0.099%	$618K	$674K	100x	as long as short
KuCoin UBUSDTM	+0.0100%	4h	0.1456	−0.154%	$1.0M	$1.4M	20x	as long as short
Bitget UBUSDT	+0.0100%	4h	0.1461	+0.188%	$2.4M	$3.6M	50x	as long as short
BingX UB-USDTshort	+0.0100%	4h	0.1459	+0.044%	—	$2.7M	—
Variational Omni UB	+0.0100%	4h	0.1457	−0.138%	$91	$5K	—	as long as short
edgeX UBUSDClong	+0.0100%	4h	0.1459	long leg	$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	0.1460	+0.105%	$15K	$161K	20x	as long as short
Extended UB-USD	+0.0104%	1h	0.1460	+0.074%	$938	$176K	5x	as long as short
BloFin UB-USDT	+0.0106%	4h	0.1460	+0.099%	$160K	$1.2M	50x	as long as short
Aster UBUSDT	+0.0873%	4h	0.1461	+0.126%	$397K	$201K	5x	as long as short