Funding arb · Price arb /

UB

all UB markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.020%

Price spread now: MEXC against Gate+0.251%7-day average +0.121% · you sell dearer than you buy

Net, funding: paid 7d − costs−$187as in the Funding arb table

Net, price: spread back to 7d avg − costs−$178as in the Price arb table

costs, in and out, $10k−$1911.911% of the position

Long on Gate Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.044%+$4 on $10k

Price spread, last 4 days (all we have)−0.087%−$9 · spread now +0.251%, 7d avg +0.121%

Together, before fees−0.043%−$4 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 0.130% dearer against Gate than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of +0.121%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate UB_USDT	0.1476	0.0100	pay 0.0050% / 4h	30m 50s	$1.5M	$3.4M	25x
Short	MEXC UB_USDT	0.1479	0.0100	get 0.0050% / 4h	30m 50s	$644K	$699K	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.251%Rate

Funding earned: $0
Price spread: +0.251% → +0.121%: $12.96
Slippage, 4 orders: −$168.11
Fee Gate: 7.5 bp × 2 orders: −$15
Fee MEXC: 4 bp × 2 orders: −$8
Net: −$178.15
Costs to cover: 1.911%
Break-even: never at this rate

Slippage from Gate: live order book, 2 min ago; MEXC: live order book, 39 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	3.38 bp	98.0 bp −$98	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 39 min ago	0.34 bp	8.9 bp −$9	58.9 bp −$589	257.2 bp −$25.7K	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	+0.0096%	4h	0.1481	+0.346%	$162K	$1.1M	50x	as long as short
Binance UBUSDT	+0.0100%	4h	0.1478	+0.183%	$3.2M	$16.9M	50x	as long as short
Bybit UBUSDT	+0.0100%	4h	0.1478	+0.129%	$1.1M	$2.4M	20x	as long as short
OKX UB-USDT-SWAP	+0.0100%	4h	0.1477	+0.088%	$1.4M	$16.2M	20x	as long as short
Gate UB_USDTlong	+0.0100%	4h	0.1476	long leg	$1.5M	$3.4M	25x
MEXC UB_USDTshort	+0.0100%	4h	0.1479	+0.251%	$644K	$699K	100x
KuCoin UBUSDTM	+0.0100%	4h	0.1476	+0.051%	$1.1M	$1.3M	20x	as long as short
Bitget UBUSDT	+0.0100%	4h	0.1479	+0.190%	$2.4M	$3.5M	50x	as long as short
BingX UB-USDT	+0.0100%	4h	0.1477	+0.122%	—	$2.7M	—	as long as short
Variational Omni UB	+0.0100%	4h	0.1479	+0.199%	$2K	$7K	—	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	0.1478	+0.140%	$37K	$262K	10x	as long as short
HTX UB-USDT	+0.0100%	4h	0.1481	+0.366%	$17K	$198K	20x	as long as short
Extended UB-USD	+0.0104%	1h	0.1479	+0.191%	$953	$176K	5x	as long as short
Aster UBUSDT	+0.0597%	4h	0.1481	+0.325%	$402K	$203K	5x	as long as short