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 0.000%

Price spread now: edgeX against MEXC+0.514%53s7-day average −0.037% · you sell dearer than you buy

Net, funding: paid 7d − costs−$53as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$530.534% of the position

Long on MEXC Short on edgeX

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)−0.408%−$41 · spread now +0.514%, 7d avg −0.037%

Together, before fees−0.408%+ Points / potential airdropedgeX: Active · farm board−$41 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: edgeX is 0.551% dearer against MEXC than usual: you sell high and buy low, +$55 on $10k if it goes back to its 7-day average of −0.037%. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC UB_USDT	0.1429	0.0100	pay 0.0050% / 4h	1h 38m	$579K	$675K	100x
Short	edgeX UBUSDC	0.1436	0.0100	get 0.0050% / 4h	1h 38m	$36K	$266K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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

Position, each leg$Hold fordaysFee MEXCbpFee edgeXbpOrdersPrice spread, now +0.514%Rate

Funding earned: $0
Price spread: +0.514% → −0.037%: $55.07
Slippage, 4 orders: −$36.4
Fee MEXC: 4 bp × 2 orders: −$8
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $1.67
Costs to cover: 0.534%
Break-even: from the start

Slippage from MEXC: live order book, 17 min ago; edgeX: live order book, 24 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 MEXC live order book, 17 min ago	0.68 bp	10.8 bp −$11	75.2 bp −$752	237.1 bp −$23.7K	439.4 bp −$219.7K
Sell edgeX live order book, 24 min ago	7.04 bp	15.3 bp −$15	doesn't fit	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 UBUSDT	+0.0100%	4h	0.1428	−0.023%	$3.0M	$16.8M	50x	as long as short
Bybit UBUSDT	+0.0100%	4h	0.1427	−0.098%	$957K	$2.6M	20x	as long as short
OKX UB-USDT-SWAP	+0.0100%	4h	0.1426	−0.182%	$1.3M	$14.4M	20x	as long as short
Gate UB_USDT	+0.0100%	4h	0.1424	−0.287%	$1.4M	$3.4M	25x	as long as short
MEXC UB_USDTlong	+0.0100%	4h	0.1429	long leg	$579K	$675K	100x
KuCoin UBUSDTM	+0.0100%	4h	0.1426	−0.193%	$1.0M	$1.3M	20x	as long as short
Bitget UBUSDT	+0.0100%	4h	0.1428	−0.049%	$2.3M	$3.4M	50x	as long as short
BingX UB-USDT	+0.0100%	4h	0.1427	−0.112%	—	$2.7M	—	as long as short
Variational Omni UB	+0.0100%	4h	0.1433	+0.292%	$59	$8K	—	as long as short
edgeX UBUSDCshort	+0.0100%	4h	0.1436	+0.514%	$36K	$266K	10x

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX UB-USDT	+0.0100%	4h	0.1428	−0.042%	$16K	$243K	20x	as long as short
Extended UB-USD	+0.0104%	1h	0.1427	−0.139%	$919	$170K	5x	as long as short
BloFin UB-USDT	+0.0150%	4h	0.1426	−0.189%	$156K	$945K	50x	as long as short
Aster UBUSDT	+0.0418%	4h	0.1427	−0.118%	$387K	$186K	5x	as long as short