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

UAI

all UAI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0017%/8h= −1.9% APRnext payment $0.09 per $10,000 · paid last 24h −0.008%
Price spread now: BingX against edgeX−0.231%70s7-day average +0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$930.927% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.028%−$3 on $10k
Price spread, last 4 days (all we have)+0.438%+$44 · spread now −0.231%, 7d avg +0.008%
Together, before fees+0.411%+ Points / potential airdropedgeX: Active · farm board+$41 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BingX is 0.239% cheaper against edgeX than usual: you would sell low and buy high (−$24 if the spread goes back to its 7-day average of +0.008%). Swap the legs. The two prices were read 70 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX UAIUSDC0.36260.0117pay 0.0059% / 4h3h 42m$13K$344K10x
ShortBingX UAI-USDT0.36180.0100get 0.0050% / 4h3h 42m$11.2M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against edgeX. 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
−$3.58
Price spread: −0.231% → +0.008%
−$23.88
Slippage, 4 orders
−$73.71
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee BingX: 5 bp × 2 orders
−$10
Net
−$120.17
Costs to cover
0.927%
Break-even
never at this rate
Slippage from edgeX: live order book, 56 min ago; BingX: live order book, 11 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 edgeX live order book, 56 min ago9.74 bp27.2 bp −$27doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 11 min ago5.53 bp20.4 bp −$2082.0 bp −$820865.1 bp −$86.5Kdoesn'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
KuCoin UAIUSDTM−0.0018%4h0.3615−0.303%$1.6M$3.1M50xas long as short
Aster UAIUSDT+0.0100%4h0.3624−0.052%$2.2M$1.0M5xas long as short
Binance UAIUSDT+0.0100%4h0.3616−0.284%$12.4M$134.5M50xas long as short
Bybit UAIUSDT+0.0100%4h0.3614−0.342%$3.5M$30.7M20xas long as short
MEXC UAI_USDT+0.0100%4h0.3617−0.259%$2.9M$9.7M50xas long as short
Bitget UAIUSDT+0.0100%4h0.3622−0.121%$3.8M$10.7M25xas long as short
BingX UAI-USDTshort+0.0100%4h0.3618−0.231%$11.2M
Variational Omni UAI+0.0100%4h0.3607−0.537%$17K$101Kas long as short
edgeX UAIUSDClong+0.0117%4h0.3626long leg$13K$344K10x
BloFin UAI-USDT+0.0141%4h0.3623−0.093%$798K$1.4M50xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate UAI_USDT+0.0232%8h0.3619−0.193%$2.2M$10.9M50xas long as short