Funding arb · Price arb /

UB

all UB markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.005%

Price spread now: Binance against Gate+0.020%7-day average +0.087% · you sell dearer than you buy

Net, funding: paid 7d − costs−$185as in the Funding arb table

Net, price: spread back to 7d avg − costs−$197as in the Price arb table

costs, in and out, $10k−$1901.900% of the position

Long on Gate Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.046%+$5 on $10k

Price spread, last 7 days+0.017%+$2 · spread now +0.020%, 7d avg +0.087%

Together, before fees+0.063%+$6 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: Binance is 0.067% cheaper against Gate than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.087%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate UB_USDT	0.1491	0.0100	pay 0.0050% / 4h	2h 00m	$1.5M	$3.4M	25x
Short	Binance UBUSDT	0.1491	0.0100	get 0.0050% / 4h	2h 00m	$3.1M	$15.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Gate. 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 GatebpFee BinancebpOrdersPrice spread, now +0.020%Rate

Funding earned: $0
Price spread: +0.020% → +0.087%: −$6.67
Slippage, 4 orders: −$165
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Binance: 5 bp × 2 orders: −$10
Net: −$196.66
Costs to cover: 1.900%
Break-even: never at this rate

Slippage from Gate: live order book, 2 min ago; Binance: 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 Gate live order book, 2 min ago	3.37 bp	63.8 bp −$64	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 10 min ago	0.67 bp	24.4 bp −$24	76.5 bp −$765	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
Binance UBUSDTshort	+0.0100%	4h	0.1491	+0.020%	$3.1M	$15.2M	50x
Bybit UBUSDT	+0.0100%	4h	0.1489	−0.107%	$965K	$2.3M	20x	as long as short
OKX UB-USDT-SWAP	+0.0100%	4h	0.1490	−0.074%	$1.4M	$13.1M	20x	as long as short
Gate UB_USDTlong	+0.0100%	4h	0.1491	long leg	$1.5M	$3.4M	25x
MEXC UB_USDT	+0.0100%	4h	0.1494	+0.194%	$711K	$681K	100x	as long as short
KuCoin UBUSDTM	+0.0100%	4h	0.1489	−0.143%	$1.0M	$1.1M	20x	as long as short
Bitget UBUSDT	+0.0100%	4h	0.1492	+0.027%	$2.4M	$3.1M	50x	as long as short
BingX UB-USDT	+0.0100%	4h	0.1490	−0.080%	—	$2.6M	—	as long as short
Variational Omni UB	+0.0100%	4h	0.1492	+0.062%	$425	$8K	—	as long as short
edgeX UBUSDC	+0.0100%	4h	0.1489	−0.174%	$38K	$271K	10x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX UB-USDT	+0.0100%	4h	0.1495	+0.241%	$16K	$299K	20x	as long as short
Extended UB-USD	+0.0104%	1h	0.1491	−0.009%	$5K	$208K	5x	as long as short
BloFin UB-USDT	+0.0154%	4h	0.1496	+0.322%	$161K	$849K	50x	as long as short
Aster UBUSDT	+0.0586%	4h	0.1494	+0.183%	$405K	$131K	5x	as long as short