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

UAI

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0017%/8h= +1.8% APRnext payment +$0.08 per $10,000 · paid last 24h +0.151%
Price spread now: edgeX against Bybit+0.190%101s7-day average +0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs−$153as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1711.713% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.179%+$18 on $10k
Price spread, last 3 days (all we have)−0.417%−$42 · spread now +0.190%, 7d avg +0.028%
Together, before fees−0.238%+ Points / potential airdropedgeX: Active · farm board−$24 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and edgeX is 0.162% dearer against Bybit than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of +0.028%. The two prices were read 101 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit UAIUSDT0.39950.0100pay 0.0050% / 4h43m 48s$3.5M$31.1M20x
ShortedgeX UAIUSDC0.40030.0117get 0.0058% / 4h43m 48s$14K$367K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Bybit. 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
$3.52
Price spread: +0.190% → +0.028%
$16.23
Slippage, 4 orders
−$151.34
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$151.59
Costs to cover
1.713%
Break-even
308.9 days
Slippage from Bybit: live order book, 5 min ago; edgeX: live order book, 35 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 Bybit live order book, 5 min ago2.50 bp50.8 bp −$51628.1 bp −$6,281doesn't fitdoesn't fit
Sell edgeX live order book, 35 min ago8.79 bp24.9 bp −$25doesn't fitdoesn't fitdoesn't fit

UAI on 11 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
BloFin UAI-USDT+0.0052%4h0.3998+0.075%$858K$1.5M50xas long as short
Aster UAIUSDT+0.0100%4h0.3996+0.025%$2.4M$1.0M5xas long as short
Binance UAIUSDT+0.0100%4h0.3996+0.025%$13.0M$134.7M50xas long as short
Bybit UAIUSDTlong+0.0100%4h0.3995long leg$3.5M$31.1M20x
Gate UAI_USDT+0.0100%8h0.3998+0.078%$2.3M$10.3M50xas long as short
MEXC UAI_USDT+0.0100%4h0.3998+0.075%$2.4M$8.7M50xas long as short
KuCoin UAIUSDTM+0.0100%4h0.3998+0.078%$1.9M$3.3M50xas long as short
Bitget UAIUSDT+0.0100%4h0.3998+0.073%$4.1M$10.8M25xas long as short
BingX UAI-USDT+0.0100%4h0.3992−0.075%$11.5Mas long as short
Variational Omni UAI+0.0100%4h0.3984−0.275%$16K$79Kas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX UAIUSDCshort+0.0117%4h0.4003+0.190%$14K$367K10x