Settings8H · net · $10k
Funding arb · Price arb /

UB

all UB markets
SwapBacktest
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 0.000%
Price spread now: Binance against MEXC+0.015%7-day average +0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$90as in the Funding arb table
Net, price: spread back to 7d avg − costs−$89as in the Price arb table
costs, in and out, $10k−$900.905% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)+0.005%+$1 · spread now +0.015%, 7d avg +0.005%
Together, before fees+0.005%+$1 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC UB_USDT0.14660.0100pay 0.0050% / 4h2h 35m$670K$698K100x
ShortBinance UBUSDT0.14670.0100get 0.0050% / 4h2h 35m$3.2M$16.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against MEXC. 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

Funding earned
$0
Price spread: +0.015% → +0.005%
$1
Slippage, 4 orders
−$72.47
Fee MEXC: 4 bp × 2 orders
−$8
Fee Binance: 5 bp × 2 orders
−$10
Net
−$89.47
Costs to cover
0.905%
Break-even
never at this rate
Slippage from MEXC: live order book, 48 min ago; Binance: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 48 min ago0.69 bp10.8 bp −$1170.1 bp −$701232.1 bp −$23.2Kdoesn't fit
Sell Binance live order book, 5 min ago1.70 bp30.7 bp −$31201.2 bp −$2,012doesn't fitdoesn't fit

UB on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance UBUSDTshort+0.0100%4h0.1467+0.015%$3.2M$16.4M50x
Bybit UBUSDT+0.0100%4h0.1464−0.130%$1.1M$2.4M20xas long as short
OKX UB-USDT-SWAP+0.0100%4h0.1464−0.157%$1.4M$16.0M20xas long as short
Gate UB_USDT+0.0100%4h0.1463−0.211%$1.5M$3.4M25xas long as short
MEXC UB_USDTlong+0.0100%4h0.1466long leg$670K$698K100x
KuCoin UBUSDTM+0.0100%4h0.1463−0.246%$1.0M$1.4M20xas long as short
Bitget UBUSDT+0.0100%4h0.1465−0.089%$2.4M$3.5M50xas long as short
BingX UB-USDT+0.0100%4h0.1465−0.095%$2.7Mas long as short
Variational Omni UB+0.0100%4h0.1469+0.157%$92$5Kas long as short
edgeX UBUSDC+0.0100%4h0.1471+0.317%$37K$258K10xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX UB-USDT+0.0100%4h0.1465−0.061%$15K$167K20xas long as short
Extended UB-USD+0.0104%1h0.1466+0.003%$945$176K5xas long as short
BloFin UB-USDT+0.0148%4h0.1467+0.014%$160K$1.2M50xas long as short
Aster UBUSDT+0.0826%4h0.1465−0.101%$398K$201K5xas long as short