Funding arb · Price arb /

UB

all UB markets

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 +0.005%

Price spread now: Bitget against Gate+0.384%7-day average +0.153% · you sell dearer than you buy

Net, funding: paid 7d − costs−$173as in the Funding arb table

Net, price: spread back to 7d avg − costs−$155as in the Price arb table

costs, in and out, $10k−$1781.780% of the position

Long on Gate Short on Bitget

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−0.315%−$32 · spread now +0.384%, 7d avg +0.153%

Together, before fees−0.269%−$27 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 0.231% dearer against Gate than usual: you sell high and buy low, +$23 on $10k if it goes back to its 7-day average of +0.153%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate UB_USDT	0.1459	0.0100	pay 0.0050% / 4h	56m 48s	$1.5M	$3.4M	25x
Short	Bitget UBUSDT	0.1464	0.0100	get 0.0050% / 4h	56m 48s	$2.4M	$3.4M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now +0.384%Rate

Funding earned: $0
Price spread: +0.384% → +0.153%: $23.07
Slippage, 4 orders: −$151
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$154.94
Costs to cover: 1.780%
Break-even: never at this rate

Slippage from Gate: live order book, 1 min ago; Bitget: live order book, 1 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, 1 min ago	5.85 bp	60.5 bp −$60	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 1 min ago	4.12 bp	25.1 bp −$25	105.6 bp −$1,056	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	+0.0055%	4h	0.1457	−0.110%	$151K	$934K	50x	as long as short
Binance UBUSDT	+0.0100%	4h	0.1464	+0.344%	$3.1M	$16.7M	50x	as long as short
Bybit UBUSDT	+0.0100%	4h	0.1462	+0.231%	$969K	$2.6M	20x	as long as short
OKX UB-USDT-SWAP	+0.0100%	4h	0.1463	+0.302%	$1.3M	$14.6M	20x	as long as short
Gate UB_USDTlong	+0.0100%	4h	0.1459	long leg	$1.5M	$3.4M	25x
MEXC UB_USDT	+0.0100%	4h	0.1463	+0.288%	$633K	$669K	100x	as long as short
KuCoin UBUSDTM	+0.0100%	4h	0.1457	−0.130%	$1.0M	$1.2M	20x	as long as short
Bitget UBUSDTshort	+0.0100%	4h	0.1464	+0.384%	$2.4M	$3.4M	50x
BingX UB-USDT	+0.0100%	4h	0.1463	+0.281%	—	$2.7M	—	as long as short
Variational Omni UB	+0.0100%	4h	0.1452	−0.445%	$157	$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	0.1454	−0.323%	$37K	$269K	10x	as long as short
HTX UB-USDT	+0.0100%	4h	0.1463	+0.274%	$16K	$255K	20x	as long as short
Extended UB-USD	+0.0104%	1h	0.1462	+0.201%	$5K	$174K	5x	as long as short
Aster UBUSDT	+0.0520%	4h	0.1459	0.000%	$396K	$175K	5x	as long as short