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: Bitget against edgeX−0.267%7-day average +0.088% · you buy dearer than you sell

Net, funding: paid 7d − costs−$83as in the Funding arb table

Net, price: spread back to 7d avg − costs−$118as in the Price arb table

costs, in and out, $10k−$830.828% of the position

Long on edgeX Short on Bitget

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)+0.336%+$34 · spread now −0.267%, 7d avg +0.088%

Together, before fees+0.336%+ Points / potential airdropedgeX: Active · farm board+$34 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: Bitget is 0.354% cheaper against edgeX than usual: you would sell low and buy high, −$35 on $10k if it goes back to its 7-day average of +0.088%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX UBUSDC	0.1480	0.0100	pay 0.0050% / 4h	35m 25s	$37K	$262K	10x
Short	Bitget UBUSDT	0.1476	0.0100	get 0.0050% / 4h	35m 25s	$2.4M	$3.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now −0.267%Rate

Funding earned: $0
Price spread: −0.267% → +0.088%: −$35.44
Slippage, 4 orders: −$61.79
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$118.24
Costs to cover: 0.828%
Break-even: never at this rate

Slippage from edgeX: live order book, 42 min ago; Bitget: live order book, 2 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, 42 min ago	7.79 bp	18.1 bp −$18	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 2 min ago	5.41 bp	26.8 bp −$27	94.1 bp −$941	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	+0.0088%	4h	0.1479	−0.037%	$163K	$1.1M	50x	as long as short
Binance UBUSDT	+0.0100%	4h	0.1475	−0.289%	$3.2M	$16.9M	50x	as long as short
Bybit UBUSDT	+0.0100%	4h	0.1475	−0.286%	$1.1M	$2.4M	20x	as long as short
OKX UB-USDT-SWAP	+0.0100%	4h	0.1472	−0.476%	$1.4M	$16.2M	20x	as long as short
Gate UB_USDT	+0.0100%	4h	0.1474	−0.361%	$1.5M	$3.4M	25x	as long as short
MEXC UB_USDT	+0.0100%	4h	0.1476	−0.267%	$644K	$698K	100x	as long as short
KuCoin UBUSDTM	+0.0100%	4h	0.1476	−0.246%	$1.1M	$1.3M	20x	as long as short
Bitget UBUSDTshort	+0.0100%	4h	0.1476	−0.267%	$2.4M	$3.5M	50x
BingX UB-USDT	+0.0100%	4h	0.1474	−0.355%	—	$2.7M	—	as long as short
Variational Omni UB	+0.0100%	4h	0.1477	−0.157%	$2K	$7K	—	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX UBUSDClong	+0.0100%	4h	0.1480	long leg	$37K	$262K	10x
HTX UB-USDT	+0.0100%	4h	0.1480	+0.010%	$16K	$197K	20x	as long as short
Extended UB-USD	+0.0104%	1h	0.1475	−0.279%	$953	$176K	5x	as long as short
Aster UBUSDT	+0.0594%	4h	0.1477	−0.168%	$401K	$203K	5x	as long as short