Funding arb · Price arb /

UB

all UB markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Bitget against Binance−0.068%7-day average +0.063% · you buy dearer than you sell

Net, funding: paid 7d − costs−$99as in the Funding arb table

Net, price: spread back to 7d avg − costs−$112as in the Price arb table

costs, in and out, $10k−$990.986% of the position

Long on Binance Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 7 days+0.214%+$21 · spread now −0.068%, 7d avg +0.063%

Together, before fees+0.214%+$21 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.131% cheaper against Binance than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of +0.063%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance UBUSDT	0.1467	0.0100	pay 0.0050% / 4h	51m 34s	$3.0M	$13.2M	50x
Short	Bitget UBUSDT	0.1466	0.0100	get 0.0050% / 4h	51m 34s	$2.4M	$2.8M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Binance. 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 BinancebpFee BitgetbpOrdersPrice spread, now −0.068%Rate

Funding earned: $0
Price spread: −0.068% → +0.063%: −$13.13
Slippage, 4 orders: −$76.57
Fee Binance: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$111.69
Costs to cover: 0.986%
Break-even: never at this rate

Slippage from Binance: live order book, 12 min ago; Bitget: live order book, 4 min ago.

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 Binance live order book, 12 min ago	0.34 bp	26.5 bp −$26	188.9 bp −$1,889	doesn't fit	doesn't fit
Sell Bitget live order book, 4 min ago	0.34 bp	22.7 bp −$23	86.5 bp −$865	doesn't fit	doesn't fit

UB on 14 exchanges

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 UBUSDTlong	+0.0100%	4h	0.1467	long leg	$3.0M	$13.2M	50x
Bybit UBUSDT	+0.0100%	4h	0.1466	−0.069%	$895K	$2.0M	20x	as long as short
OKX UB-USDT-SWAP	+0.0100%	4h	0.1464	−0.157%	$1.2M	$11.0M	20x	as long as short
Gate UB_USDT	+0.0100%	4h	0.1465	−0.116%	$1.5M	$3.0M	25x	as long as short
MEXC UB_USDT	+0.0100%	4h	0.1467	+0.007%	$605K	$603K	100x	as long as short
KuCoin UBUSDTM	+0.0100%	4h	0.1466	−0.070%	$1.0M	$910K	20x	as long as short
Bitget UBUSDTshort	+0.0100%	4h	0.1466	−0.068%	$2.4M	$2.8M	50x
BingX UB-USDT	+0.0100%	4h	0.1465	−0.109%	—	$2.5M	—	as long as short
Variational Omni UB	+0.0100%	4h	0.1460	−0.442%	$416	$8K	—	as long as short
edgeX UBUSDC	+0.0100%	4h	0.1464	−0.175%	$37K	$273K	10x	as long as short

Show all 14 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX UB-USDT	+0.0100%	4h	0.1469	+0.157%	$16K	$375K	20x	as long as short
Extended UB-USD	+0.0104%	1h	0.1466	−0.034%	$979	$225K	5x	as long as short
BloFin UB-USDT	+0.0141%	4h	0.1468	+0.061%	$155K	$761K	50x	as long as short
Aster UBUSDT	+0.0381%	4h	0.1469	+0.138%	$399K	$93K	5x	as long as short