Funding arb · Price arb /

UB

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: MEXC against edgeX−1.466%98s7-day average +0.037% · you buy dearer than you sell

Net, funding: paid 7d − costs−$53as 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−$530.534% of the position

Long on edgeX Short on MEXC

What this pair did over the last

the charts below follow

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

Price spread, last 4 days (all we have)+1.360%+$136 · spread now −1.466%, 7d avg +0.037%

Together, before fees+1.360%+ Points / potential airdropedgeX: Active · farm board+$136 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: MEXC is 1.503% cheaper against edgeX than usual: you would sell low and buy high, −$150 on $10k if it goes back to its 7-day average of +0.037%. The two prices were read 98 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	0.1447	0.0100	pay 0.0050% / 4h	1h 39m	$37K	$266K	10x
Short	MEXC UB_USDT	0.1426	0.0100	get 0.0050% / 4h	1h 39m	$579K	$675K	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −1.466%Rate

Funding earned: $0
Price spread: −1.466% → +0.037%: −$150.31
Slippage, 4 orders: −$36.4
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee MEXC: 4 bp × 2 orders: −$8
Net: −$203.71
Costs to cover: 0.534%
Break-even: never at this rate

Slippage from edgeX: live order book, 23 min ago; MEXC: live order book, 15 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, 23 min ago	7.04 bp	17.8 bp −$18	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 15 min ago	0.68 bp	9.5 bp −$10	70.9 bp −$709	255.8 bp −$25.6K	454.4 bp −$227.2K

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	0.1426	−1.507%	$3.0M	$16.7M	50x	as long as short
Bybit UBUSDT	+0.0100%	4h	0.1427	−1.422%	$958K	$2.6M	20x	as long as short
OKX UB-USDT-SWAP	+0.0100%	4h	0.1424	−1.604%	$1.3M	$14.3M	20x	as long as short
Gate UB_USDT	+0.0100%	4h	0.1425	−1.549%	$1.4M	$3.4M	25x	as long as short
MEXC UB_USDTshort	+0.0100%	4h	0.1426	−1.466%	$579K	$675K	100x
KuCoin UBUSDTM	+0.0100%	4h	0.1426	−1.443%	$1.0M	$1.3M	20x	as long as short
Bitget UBUSDT	+0.0100%	4h	0.1426	−1.459%	$2.3M	$3.4M	50x	as long as short
BingX UB-USDT	+0.0100%	4h	0.1426	−1.507%	—	$2.7M	—	as long as short
Variational Omni UB	+0.0100%	4h	0.1433	−1.005%	$59	$8K	—	as long as short
edgeX UBUSDClong	+0.0100%	4h	0.1447	long leg	$37K	$266K	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	0.1428	−1.335%	$16K	$243K	20x	as long as short
Extended UB-USD	+0.0104%	1h	0.1425	−1.532%	$919	$170K	5x	as long as short
BloFin UB-USDT	+0.0152%	4h	0.1436	−0.761%	$157K	$954K	50x	as long as short
Aster UBUSDT	+0.0440%	4h	0.1429	−1.233%	$388K	$186K	5x	as long as short