Funding arb · Price arb /

UB

all UB markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: MEXC against Binance+0.069%7-day average −0.003% · you sell dearer than you buy

Net, funding: paid 7d − costs−$76as in the Funding arb table

Net, price: spread back to 7d avg − costs−$69as in the Price arb table

costs, in and out, $10k−$760.763% of the position

Long on Binance Short on MEXC

What this pair did over the last

the charts below follow

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

Price spread, last 4 days (all we have)−0.084%−$8 · spread now +0.069%, 7d avg −0.003%

Together, before fees−0.084%−$8 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: MEXC is 0.072% dearer against Binance than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.003%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance UBUSDT	0.1488	0.0100	pay 0.0050% / 4h	1h 49m	$3.1M	$14.7M	50x
Short	MEXC UB_USDT	0.1489	0.0100	get 0.0050% / 4h	1h 49m	$701K	$642K	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.069%Rate

Funding earned: $0
Price spread: +0.069% → −0.003%: $7.2
Slippage, 4 orders: −$58.32
Fee Binance: 5 bp × 2 orders: −$10
Fee MEXC: 4 bp × 2 orders: −$8
Net: −$69.12
Costs to cover: 0.763%
Break-even: never at this rate

Slippage from Binance: live order book, 6 min ago; MEXC: live order book, 50 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, 6 min ago	1.35 bp	21.1 bp −$21	179.2 bp −$1,792	doesn't fit	doesn't fit
Sell MEXC live order book, 50 min ago	1.34 bp	14.2 bp −$14	77.5 bp −$775	246.1 bp −$24.6K	doesn't fit

UB on 14 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
BloFin UB-USDT	+0.0089%	4h	0.1492	+0.277%	$161K	$842K	50x	as long as short
Binance UBUSDTlong	+0.0100%	4h	0.1488	long leg	$3.1M	$14.7M	50x
Bybit UBUSDT	+0.0100%	4h	0.1486	−0.101%	$963K	$2.3M	20x	as long as short
OKX UB-USDT-SWAP	+0.0100%	4h	0.1486	−0.126%	$1.5M	$12.3M	20x	as long as short
Gate UB_USDT	+0.0100%	4h	0.1490	+0.176%	$1.5M	$3.3M	25x	as long as short
MEXC UB_USDTshort	+0.0100%	4h	0.1489	+0.069%	$701K	$642K	100x
KuCoin UBUSDTM	+0.0100%	4h	0.1489	+0.044%	$1.0M	$1.0M	20x	as long as short
Bitget UBUSDT	+0.0100%	4h	0.1489	+0.049%	$2.4M	$3.0M	50x	as long as short
BingX UB-USDT	+0.0100%	4h	0.1487	−0.079%	—	$2.6M	—	as long as short
Variational Omni UB	+0.0100%	4h	0.1488	+0.025%	$426	$8K	—	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX UBUSDC	+0.0100%	4h	0.1493	+0.324%	$38K	$271K	10x	as long as short
HTX UB-USDT	+0.0100%	4h	0.1491	+0.190%	$16K	$302K	20x	as long as short
Extended UB-USD	+0.0104%	1h	0.1490	+0.123%	$3K	$210K	5x	as long as short
Aster UBUSDT	+0.0608%	4h	0.1490	+0.125%	$404K	$122K	5x	as long as short