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

UB

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Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.026%
Price spread now: Extended against OKX+0.228%7-day average +0.116% · you sell dearer than you buy
Net, funding: paid 7d − costs−$112as in the Funding arb table
Net, price: spread back to 7d avg − costs−$107as in the Price arb table
costs, in and out, $10k−$1181.184% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.064%+$6 on $10k
Price spread, last 4 days (all we have)−0.191%−$19 · spread now +0.228%, 7d avg +0.116%
Together, before fees−0.128%+ Points / potential airdropExtended: Active · farm board−$13 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: Extended is 0.113% dearer against OKX than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of +0.116%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX UB-USDT-SWAP0.14930.0100pay 0.0050% / 4h2h 29m$1.4M$15.5M20x
ShortExtended UB-USD0.14960.0104get 0.0013% / 1h29m 12s$6K$168K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against OKX. 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
$0.84
Price spread: +0.228% → +0.116%
$11.25
Slippage, 4 orders
−$103.42
Fee OKX: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$106.33
Costs to cover
1.184%
Break-even
893.0 days
Slippage from OKX: live order book, 4 min ago; Extended: live order book, 37 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 OKX live order book, 4 min ago2.36 bp24.6 bp −$25268.1 bp −$2,681doesn't fitdoesn't fit
Sell Extended live order book, 37 min ago0.56 bp34.5 bp −$34doesn't fitdoesn't fitdoesn't fit

UB on 13 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 UBUSDT+0.0100%4h0.1494+0.094%$3.2M$16.8M50xas long as short
Bybit UBUSDT+0.0100%4h0.1493+0.013%$1.0M$2.6M20xas long as short
OKX UB-USDT-SWAPlong+0.0100%4h0.1493long leg$1.4M$15.5M20x
Gate UB_USDT+0.0100%4h0.1495+0.147%$1.5M$3.5M25xas long as short
MEXC UB_USDT+0.0100%4h0.1497+0.281%$658K$727K100xas long as short
KuCoin UBUSDTM+0.0100%4h0.1493+0.003%$1.1M$1.3M20xas long as short
Bitget UBUSDT+0.0100%4h0.1497+0.288%$2.4M$3.4M50xas long as short
BingX UB-USDT+0.0100%4h0.1495+0.147%$2.7Mas long as short
Variational Omni UB+0.0100%4h0.1495+0.165%$61$8Kas long as short
edgeX UBUSDC+0.0100%4h0.1497+0.241%$38K$267K10xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX UB-USDT+0.0100%4h0.1494+0.087%$17K$231K20xas long as short
Extended UB-USDshort+0.0104%1h0.1496+0.228%$6K$168K5x
Aster UBUSDT+0.0642%4h0.1499+0.389%$407K$191K5xas long as short