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 −0.025%

Price spread now: OKX against Variational Omni−0.145%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 OKX

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 · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.145% cheaper against Variational Omni than usual: you would sell low and buy high, −$14 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	0.1495	0.0100	pay 0.0050% / 4h	2h 30m	$61	$8K	—
Short	OKX UB-USDT-SWAP	0.1493	0.0100	get 0.0050% / 4h	2h 30m	$1.4M	$15.5M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.145%Rate

Funding earned: $0
Price spread: −0.145% → 0.000%: −$14.5
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee OKX: 5 bp × 2 orders: −$10
Net: −$24.5
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Variational Omni: no order-book sample; OKX: live order book, 3 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 OKX live order book, 3 min ago	2.36 bp	22.9 bp −$23	260.3 bp −$2,603	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 13 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	0.1495	−0.057%	$3.2M	$16.8M	50x	as long as short
Bybit UBUSDT	+0.0100%	4h	0.1492	−0.194%	$1.0M	$2.6M	20x	as long as short
OKX UB-USDT-SWAPshort	+0.0100%	4h	0.1493	−0.145%	$1.4M	$15.5M	20x
Gate UB_USDT	+0.0100%	4h	0.1494	−0.058%	$1.5M	$3.4M	25x	as long as short
MEXC UB_USDT	+0.0100%	4h	0.1495	−0.038%	$657K	$727K	100x	as long as short
KuCoin UBUSDTM	+0.0100%	4h	0.1492	−0.245%	$1.1M	$1.3M	20x	as long as short
Bitget UBUSDT	+0.0100%	4h	0.1493	−0.185%	$2.4M	$3.4M	50x	as long as short
BingX UB-USDT	+0.0100%	4h	0.1494	−0.105%	—	$2.7M	—	as long as short
Variational Omni UBlong	+0.0100%	4h	0.1495	long leg	$61	$8K	—
edgeX UBUSDC	+0.0100%	4h	0.1479	−1.081%	$37K	$266K	10x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX UB-USDT	+0.0100%	4h	0.1494	−0.058%	$17K	$230K	20x	as long as short
Extended UB-USD	+0.0104%	1h	0.1494	−0.098%	$6K	$168K	5x	as long as short
Aster UBUSDT	+0.0645%	4h	0.1498	+0.202%	$407K	$191K	5x	as long as short