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

UB

all UB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against BingX+0.202%7-day average +0.046% · you sell dearer than you buy
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$710.707% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.093%−$9 on $10k
Price spread, last 4 days (all we have)−0.163%−$16 · spread now +0.202%, 7d avg +0.046%
Together, before fees−0.256%−$26 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 0.156% dearer against BingX than usual: you sell high and buy low, +$16 on $10k if it goes back to its 7-day average of +0.046%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX UB-USDT0.14820.0100pay 0.0050% / 4h1h 55m$2.7M
ShortMEXC UB_USDT0.14840.0100get 0.0050% / 4h1h 55m$631K$665K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against BingX. 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
Price spread: +0.202% → +0.046%
$15.61
Slippage, 4 orders
−$52.72
Fee BingX: 5 bp × 2 orders
−$10
Fee MEXC: 4 bp × 2 orders
−$8
Net
−$55.11
Costs to cover
0.707%
Break-even
never at this rate
Slippage from BingX: live order book, 9 min ago; MEXC: live order book, 65 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 BingX live order book, 9 min ago3.02 bp22.8 bp −$2394.1 bp −$941doesn't fitdoesn't fit
Sell MEXC live order book, 65 min ago0.33 bp9.1 bp −$967.6 bp −$676231.3 bp −$23.1K421.7 bp −$210.9K

UB on 13 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 UBUSDT+0.0100%4h0.1483+0.125%$3.2M$16.5M50xas long as short
Bybit UBUSDT+0.0100%4h0.1482+0.035%$1.0M$2.6M20xas long as short
OKX UB-USDT-SWAP+0.0100%4h0.1482+0.034%$1.4M$14.8M20xas long as short
Gate UB_USDT+0.0100%4h0.1482+0.027%$1.5M$3.4M25xas long as short
MEXC UB_USDTshort+0.0100%4h0.1484+0.202%$631K$665K100x
KuCoin UBUSDTM+0.0100%4h0.1483+0.130%$1.1M$1.3M20xas long as short
Bitget UBUSDT+0.0100%4h0.1482+0.040%$2.4M$3.3M50xas long as short
BingX UB-USDTlong+0.0100%4h0.1482long leg$2.7M
Variational Omni UB+0.0100%4h0.1486+0.314%$61$8Kas long as short
edgeX UBUSDC+0.0100%4h0.1491+0.639%$38K$266K10xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX UB-USDT+0.0100%4h0.1488+0.459%$16K$237K20xas long as short
Extended UB-USD+0.0104%1h0.1485+0.232%$961$170K5xas long as short
Aster UBUSDT+0.0599%4h0.1487+0.385%$404K$186K5xas long as short