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: Binance against edgeX−0.118%7-day average +0.039% · you buy dearer than you sell

Net, funding: paid 7d − costs−$82as in the Funding arb table

Net, price: spread back to 7d avg − costs−$98as in the Price arb table

costs, in and out, $10k−$820.822% of the position

Long on edgeX Short on Binance

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)+0.075%+$8 · spread now −0.118%, 7d avg +0.039%

Together, before fees+0.075%+ Points / potential airdropedgeX: Active · farm board+$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: Binance is 0.157% cheaper against edgeX than usual: you would sell low and buy high, −$16 on $10k if it goes back to its 7-day average of +0.039%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX UBUSDC	0.1492	0.0100	pay 0.0050% / 4h	1h 54m	$38K	$270K	10x
Short	Binance UBUSDT	0.1490	0.0100	get 0.0050% / 4h	1h 54m	$3.1M	$14.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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

Position, each leg$Hold fordaysFee edgeXbpFee BinancebpOrdersPrice spread, now −0.118%Rate

Funding earned: $0
Price spread: −0.118% → +0.039%: −$15.65
Slippage, 4 orders: −$63.24
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Binance: 5 bp × 2 orders: −$10
Net: −$97.89
Costs to cover: 0.822%
Break-even: never at this rate

Slippage from edgeX: live order book, 53 min ago; Binance: live order book, 16 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 edgeX live order book, 53 min ago	5.98 bp	13.9 bp −$14	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 16 min ago	0.67 bp	24.4 bp −$24	76.5 bp −$765	doesn't fit	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
Binance UBUSDTshort	+0.0100%	4h	0.1490	−0.118%	$3.1M	$14.9M	50x
Bybit UBUSDT	+0.0100%	4h	0.1484	−0.494%	$962K	$2.3M	20x	as long as short
OKX UB-USDT-SWAP	+0.0100%	4h	0.1489	−0.165%	$1.4M	$12.6M	20x	as long as short
Gate UB_USDT	+0.0100%	4h	0.1478	−0.922%	$1.5M	$3.3M	25x	as long as short
MEXC UB_USDT	+0.0100%	4h	0.1488	−0.272%	$697K	$640K	100x	as long as short
KuCoin UBUSDTM	+0.0100%	4h	0.1482	−0.657%	$1.0M	$1.0M	20x	as long as short
Bitget UBUSDT	+0.0100%	4h	0.1487	−0.346%	$2.4M	$3.0M	50x	as long as short
BingX UB-USDT	+0.0100%	4h	0.1488	−0.218%	—	$2.6M	—	as long as short
Variational Omni UB	+0.0100%	4h	0.1481	−0.708%	$422	$8K	—	as long as short
edgeX UBUSDClong	+0.0100%	4h	0.1492	long leg	$38K	$270K	10x

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX UB-USDT	+0.0100%	4h	0.1487	−0.332%	$16K	$300K	20x	as long as short
Extended UB-USD	+0.0104%	1h	0.1487	−0.337%	$3K	$210K	5x	as long as short
BloFin UB-USDT	+0.0153%	4h	0.1488	−0.272%	$160K	$842K	50x	as long as short
Aster UBUSDT	+0.0574%	4h	0.1486	−0.377%	$403K	$124K	5x	as long as short