Funding arb · Price arb /

UB

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: edgeX against Variational Omni+0.255%89s7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Variational Omni Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · edgeX: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: edgeX is 0.255% dearer against Variational Omni than usual: you sell high and buy low, +$26 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 89 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	Variational Omni UB	0.1501	0.0100	pay 0.0050% / 4h	2h 41m	$429	$8K	—
Short	edgeX UBUSDC	0.1505	0.0100	get 0.0050% / 4h	2h 41m	$38K	$271K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Variational Omni. 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 Variational OmnibpFee edgeXbpOrdersPrice spread, now +0.255%Rate

Funding earned: $0
Price spread: +0.255% → 0.000%: $25.51
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $16.51
Costs to cover: 0.090%
Break-even: from the start

Slippage unknown: Variational Omni: no order-book sample; edgeX: live order book, 6 min ago. Net counts fees only.

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 Variational Omni no order-book sample	—	—	—	—	—
Sell edgeX live order book, 6 min ago	5.98 bp	14.4 bp −$14	doesn't fit	doesn't fit	doesn't fit

Variational Omni: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	0.1498	−0.250%	$3.2M	$16.0M	50x	as long as short
Bybit UBUSDT	+0.0100%	4h	0.1498	−0.259%	$975K	$2.5M	20x	as long as short
OKX UB-USDT-SWAP	+0.0100%	4h	0.1497	−0.299%	$1.5M	$14.1M	20x	as long as short
Gate UB_USDT	+0.0100%	4h	0.1497	−0.299%	$1.5M	$3.4M	25x	as long as short
MEXC UB_USDT	+0.0100%	4h	0.1497	−0.306%	$710K	$658K	100x	as long as short
KuCoin UBUSDTM	+0.0100%	4h	0.1496	−0.392%	$1.1M	$1.1M	20x	as long as short
Bitget UBUSDT	+0.0100%	4h	0.1497	−0.279%	$2.4M	$3.3M	50x	as long as short
BingX UB-USDT	+0.0100%	4h	0.1497	−0.266%	—	$2.7M	—	as long as short
Variational Omni UBlong	+0.0100%	4h	0.1501	long leg	$429	$8K	—
edgeX UBUSDCshort	+0.0100%	4h	0.1505	+0.255%	$38K	$271K	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	0.1499	−0.192%	$17K	$289K	20x	as long as short
Extended UB-USD	+0.0104%	1h	0.1497	−0.276%	$1K	$203K	5x	as long as short
BloFin UB-USDT	+0.0119%	4h	0.1499	−0.186%	$161K	$857K	50x	as long as short
Aster UBUSDT	+0.0575%	4h	0.1499	−0.170%	$407K	$157K	5x	as long as short