Funding arb · Price arb /

UB

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%

Price spread now: Variational Omni against Extended+0.096%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Extended Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropExtended: Active · Variational Omni: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.096% dearer against Extended than usual: you sell high and buy low, +$10 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended UB-USD	0.1486	0.0104	pay 0.0013% / 1h	14m 28s	$2K	$227K	5x
Short	Variational Omni UB	0.1487	0.0100	get 0.0050% / 4h	14m 28s	$425	$8K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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 Variational OmnibpOrdersPrice spread, now +0.096%Rate

Funding earned: −$0.84
Price spread: +0.096% → 0.000%: $9.59
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $3.75
Costs to cover: 0.050%
Break-even: from the start

Slippage unknown: Extended: live order book, 22 min ago; Variational Omni: no order-book sample. Net counts fees only.

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, 22 min ago	0.88 bp	36.8 bp −$37	291.9 bp −$2,919	doesn't fit	doesn't fit
Sell Variational Omni no order-book sample	—	—	—	—	—

Variational Omni: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	+0.0082%	4h	0.1487	+0.061%	$159K	$831K	50x	as long as short
Binance UBUSDT	+0.0100%	4h	0.1486	0.000%	$3.1M	$14.3M	50x	as long as short
Bybit UBUSDT	+0.0100%	4h	0.1484	−0.109%	$953K	$2.2M	20x	as long as short
OKX UB-USDT-SWAP	+0.0100%	4h	0.1484	−0.101%	$1.4M	$11.7M	20x	as long as short
Gate UB_USDT	+0.0100%	4h	0.1483	−0.154%	$1.5M	$3.3M	25x	as long as short
MEXC UB_USDT	+0.0100%	4h	0.1486	+0.047%	$677K	$625K	100x	as long as short
KuCoin UBUSDTM	+0.0100%	4h	0.1485	−0.062%	$1.1M	$969K	20x	as long as short
Bitget UBUSDT	+0.0100%	4h	0.1485	−0.047%	$2.4M	$2.9M	50x	as long as short
BingX UB-USDT	+0.0100%	4h	0.1485	−0.074%	—	$2.6M	—	as long as short
Variational Omni UBshort	+0.0100%	4h	0.1487	+0.096%	$425	$8K	—

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX UBUSDC	+0.0100%	4h	0.1488	+0.178%	$38K	$273K	10x	as long as short
HTX UB-USDT	+0.0100%	4h	0.1489	+0.202%	$16K	$326K	20x	as long as short
Extended UB-USDlong	+0.0104%	1h	0.1486	long leg	$2K	$227K	5x
Aster UBUSDT	+0.0279%	4h	0.1488	+0.142%	$404K	$113K	5x	as long as short