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

UB

all UB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against Binance−0.022%7-day average −0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$108as in the Funding arb table
Net, price: spread back to 7d avg − costs−$108as in the Price arb table
costs, in and out, $10k−$1091.090% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.008%+$1 on $10k
Price spread, last 4 days (all we have)−0.063%−$6 · spread now −0.022%, 7d avg −0.030%
Together, before fees−0.054%+ Points / potential airdropExtended: Active · farm board−$5 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance UBUSDT0.14830.0100pay 0.0050% / 4h24m 22s$3.2M$16.9M50x
ShortExtended UB-USD0.14820.0104get 0.0013% / 1h24m 22s$953$176K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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

Funding earned
$0.84
Price spread: −0.022% → −0.030%
$0.81
Slippage, 4 orders
−$93.95
Fee Binance: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$107.3
Costs to cover
1.090%
Break-even
901.2 days
Slippage from Binance: live order book, 16 min ago; Extended: live order book, 52 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 Binance live order book, 16 min ago1.69 bp20.3 bp −$20100.9 bp −$1,009doesn't fitdoesn't fit
Sell Extended live order book, 52 min ago0.17 bp32.0 bp −$32283.3 bp −$2,833doesn't fitdoesn't fit

UB on 14 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
Binance UBUSDTlong+0.0100%4h0.1483long leg$3.2M$16.9M50x
Bybit UBUSDT+0.0100%4h0.1481−0.106%$1.1M$2.4M20xas long as short
OKX UB-USDT-SWAP+0.0100%4h0.1482−0.073%$1.4M$16.3M20xas long as short
Gate UB_USDT+0.0100%4h0.1481−0.140%$1.5M$3.4M25xas long as short
MEXC UB_USDT+0.0100%4h0.1481−0.100%$644K$700K100xas long as short
KuCoin UBUSDTM+0.0100%4h0.1481−0.148%$1.1M$1.3M20xas long as short
Bitget UBUSDT+0.0100%4h0.1484+0.062%$2.4M$3.4M50xas long as short
BingX UB-USDT+0.0100%4h0.1483−0.012%$2.7Mas long as short
Variational Omni UB+0.0100%4h0.1482−0.030%$2K$7Kas long as short
edgeX UBUSDC+0.0100%4h0.1481−0.131%$37K$261K10xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX UB-USDT+0.0100%4h0.1482−0.019%$17K$200K20xas long as short
Extended UB-USDshort+0.0104%1h0.1482−0.022%$953$176K5x
BloFin UB-USDT+0.0140%4h0.1483−0.005%$162K$1.1M50xas long as short
Aster UBUSDT+0.0625%4h0.1485+0.122%$403K$205K5xas long as short