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 edgeX+0.193%68s7-day average +0.033% · you sell dearer than you buy

Net, funding: paid 7d − costs−$50as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$500.500% of the position

Long on edgeX 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)−0.159%−$16 · spread now +0.193%, 7d avg +0.033%

Together, before fees−0.159%+ Points / potential airdropedgeX: Active · farm board−$16 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 0.159% dearer against edgeX than usual: you sell high and buy low, +$16 on $10k if it goes back to its 7-day average of +0.033%. The two prices were read 68 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX UBUSDC	0.1491	0.0100	pay 0.0050% / 4h	1h 28m	$38K	$272K	10x
Short	MEXC UB_USDT	0.1494	0.0100	get 0.0050% / 4h	1h 28m	$700K	$651K	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.193%Rate

Funding earned: $0
Price spread: +0.193% → +0.033%: $15.95
Slippage, 4 orders: −$33.05
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee MEXC: 4 bp × 2 orders: −$8
Net: −$34.1
Costs to cover: 0.500%
Break-even: never at this rate

Slippage from edgeX: live order book, 14 min ago; MEXC: live order book, 7 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, 14 min ago	6.34 bp	14.3 bp −$14	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 7 min ago	0.34 bp	10.1 bp −$10	61.0 bp −$610	236.4 bp −$23.6K	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	+0.0042%	4h	0.1494	+0.199%	$162K	$842K	50x	as long as short
Binance UBUSDT	+0.0100%	4h	0.1494	+0.194%	$3.1M	$14.5M	50x	as long as short
Bybit UBUSDT	+0.0100%	4h	0.1492	+0.041%	$966K	$2.2M	20x	as long as short
OKX UB-USDT-SWAP	+0.0100%	4h	0.1492	+0.085%	$1.5M	$12.1M	20x	as long as short
Gate UB_USDT	+0.0100%	4h	0.1491	+0.005%	$1.5M	$3.3M	25x	as long as short
MEXC UB_USDTshort	+0.0100%	4h	0.1494	+0.193%	$700K	$651K	100x
KuCoin UBUSDTM	+0.0100%	4h	0.1490	−0.061%	$1.0M	$978K	20x	as long as short
Bitget UBUSDT	+0.0100%	4h	0.1492	+0.039%	$2.4M	$2.9M	50x	as long as short
BingX UB-USDT	+0.0100%	4h	0.1493	+0.132%	—	$2.6M	—	as long as short
Variational Omni UB	+0.0100%	4h	0.1488	−0.187%	$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 UBUSDClong	+0.0100%	4h	0.1491	long leg	$38K	$272K	10x
HTX UB-USDT	+0.0100%	4h	0.1494	+0.220%	$16K	$307K	20x	as long as short
Extended UB-USD	+0.0104%	1h	0.1493	+0.170%	$3K	$147K	5x	as long as short
Aster UBUSDT	+0.0507%	4h	0.1493	+0.141%	$405K	$115K	5x	as long as short