Funding arb · Price arb /

UB

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%

Price spread now: MEXC against Extended+0.084%7-day average +0.026% · you sell dearer than you buy

Net, funding: paid 7d − costs−$79as in the Funding arb table

Net, price: spread back to 7d avg − costs−$72as in the Price arb table

costs, in and out, $10k−$780.779% of the position

Long on Extended Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.008%−$1 on $10k

Price spread, last 4 days (all we have)−0.015%−$1 · spread now +0.084%, 7d avg +0.026%

Together, before fees−0.023%+ Points / potential airdropExtended: Active · farm board−$2 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 0.058% dearer against Extended than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.026%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended UB-USD	0.1497	0.0104	pay 0.0013% / 1h	22m 07s	$5K	$208K	5x
Short	MEXC UB_USDT	0.1498	0.0100	get 0.0050% / 4h	2h 22m	$695K	$666K	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Extended. 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 ExtendedbpFee MEXCbpOrdersPrice spread, now +0.084%Rate

Funding earned: −$0.84
Price spread: +0.084% → +0.026%: $5.83
Slippage, 4 orders: −$64.85
Fee Extended: 2.5 bp × 2 orders: −$5
Fee MEXC: 4 bp × 2 orders: −$8
Net: −$72.86
Costs to cover: 0.779%
Break-even: never at this rate

Slippage from Extended: live order book, 24 min ago; MEXC: live order book, 18 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 Extended live order book, 24 min ago	0.60 bp	33.4 bp −$33	301.6 bp −$3,016	doesn't fit	doesn't fit
Sell MEXC live order book, 18 min ago	1.34 bp	14.2 bp −$14	77.5 bp −$775	246.1 bp −$24.6K	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	+0.0090%	4h	0.1498	+0.097%	$162K	$854K	50x	as long as short
Binance UBUSDT	+0.0100%	4h	0.1499	+0.134%	$3.2M	$15.5M	50x	as long as short
Bybit UBUSDT	+0.0100%	4h	0.1497	+0.032%	$971K	$2.4M	20x	as long as short
OKX UB-USDT-SWAP	+0.0100%	4h	0.1500	+0.244%	$1.5M	$13.4M	20x	as long as short
Gate UB_USDT	+0.0100%	4h	0.1495	−0.096%	$1.5M	$3.4M	25x	as long as short
MEXC UB_USDTshort	+0.0100%	4h	0.1498	+0.084%	$695K	$666K	100x
KuCoin UBUSDTM	+0.0100%	4h	0.1495	−0.103%	$1.1M	$1.1M	20x	as long as short
Bitget UBUSDT	+0.0100%	4h	0.1499	+0.131%	$2.4M	$3.1M	50x	as long as short
BingX UB-USDT	+0.0100%	4h	0.1499	+0.137%	—	$2.6M	—	as long as short
Variational Omni UB	+0.0100%	4h	0.1491	−0.387%	$425	$8K	—	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX UBUSDC	+0.0100%	4h	0.1490	−0.418%	$38K	$269K	10x	as long as short
HTX UB-USDT	+0.0100%	4h	0.1498	+0.097%	$16K	$294K	20x	as long as short
Extended UB-USDlong	+0.0104%	1h	0.1497	long leg	$5K	$208K	5x
Aster UBUSDT	+0.0578%	4h	0.1500	+0.214%	$407K	$138K	5x	as long as short