Funding arb · Price arb /

UB

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%

Price spread now: Extended against Variational Omni−0.068%7-day average — · you buy dearer than you sell

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

Long on Variational Omni Short on Extended

What this pair did over the last

the charts below follow

Funding, last 3 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 · Extended: 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: Extended is 0.068% cheaper against Variational Omni than usual: you would sell low and buy high, −$7 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni UB	0.1474	0.0100	pay 0.0050% / 4h	30m 50s	$421	$9K	—
Short	Extended UB-USD	0.1473	0.0104	get 0.0013% / 1h	30m 50s	$6K	$169K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now −0.068%Rate

Funding earned: $0.84
Price spread: −0.068% → 0.000%: −$6.79
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$10.95
Costs to cover: 0.050%
Break-even: 98.3 days

Slippage unknown: Variational Omni: no order-book sample; Extended: live order book, 25 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 Extended live order book, 25 min ago	0.48 bp	39.7 bp −$40	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
BloFin UB-USDT	+0.0063%	4h	0.1476	+0.136%	$153K	$933K	50x	as long as short
Binance UBUSDT	+0.0100%	4h	0.1473	−0.062%	$3.1M	$16.8M	50x	as long as short
Bybit UBUSDT	+0.0100%	4h	0.1472	−0.139%	$970K	$2.6M	20x	as long as short
OKX UB-USDT-SWAP	+0.0100%	4h	0.1472	−0.122%	$1.3M	$14.8M	20x	as long as short
Gate UB_USDT	+0.0100%	4h	0.1472	−0.128%	$1.5M	$3.5M	25x	as long as short
MEXC UB_USDT	+0.0100%	4h	0.1473	−0.047%	$672K	$679K	100x	as long as short
KuCoin UBUSDTM	+0.0100%	4h	0.1473	−0.054%	$1.1M	$1.2M	20x	as long as short
Bitget UBUSDT	+0.0100%	4h	0.1472	−0.094%	$2.4M	$3.4M	50x	as long as short
BingX UB-USDT	+0.0100%	4h	0.1472	−0.122%	—	$2.7M	—	as long as short
Variational Omni UBlong	+0.0100%	4h	0.1474	long leg	$421	$9K	—

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX UBUSDC	+0.0100%	4h	0.1465	−0.577%	$37K	$268K	10x	as long as short
HTX UB-USDT	+0.0100%	4h	0.1478	+0.319%	$16K	$261K	20x	as long as short
Extended UB-USDshort	+0.0104%	1h	0.1473	−0.068%	$6K	$169K	5x
Aster UBUSDT	+0.0576%	4h	0.1476	+0.143%	$400K	$171K	5x	as long as short