Funding arb · Price arb /

UB

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Swap Backtest

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 −0.025%

Price spread now: OKX against edgeX+0.874%7-day average −0.106% · you sell dearer than you buy

Net, funding: paid 7d − costs−$78as in the Funding arb table

Net, price: spread back to 7d avg − costs+$26as in the Price arb table

costs, in and out, $10k−$720.721% of the position

Long on edgeX Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.055%−$6 on $10k

Price spread, last 4 days (all we have)−1.089%−$109 · spread now +0.874%, 7d avg −0.106%

Together, before fees−1.145%+ Points / potential airdropedgeX: Active · farm board−$114 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: OKX is 0.980% dearer against edgeX than usual: you sell high and buy low, +$98 on $10k if it goes back to its 7-day average of −0.106%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX UBUSDC	0.1435	0.0100	pay 0.0050% / 4h	1h 29m	$36K	$268K	10x
Short	OKX UB-USDT-SWAP	0.1448	0.0100	get 0.0050% / 4h	1h 29m	$1.3M	$14.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.874%Rate

Funding earned: $0
Price spread: +0.874% → −0.106%: $97.96
Slippage, 4 orders: −$53.09
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee OKX: 5 bp × 2 orders: −$10
Net: $25.87
Costs to cover: 0.721%
Break-even: from the start

Slippage from edgeX: live order book, 34 min ago; OKX: live order book, 4 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, 34 min ago	7.04 bp	17.8 bp −$18	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 4 min ago	0.35 bp	17.1 bp −$17	238.2 bp −$2,382	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 UBUSDT	+0.0100%	4h	0.1450	+1.020%	$3.0M	$16.9M	50x	as long as short
Bybit UBUSDT	+0.0100%	4h	0.1448	+0.909%	$967K	$2.6M	20x	as long as short
OKX UB-USDT-SWAPshort	+0.0100%	4h	0.1448	+0.874%	$1.3M	$14.7M	20x
Gate UB_USDT	+0.0100%	4h	0.1447	+0.804%	$1.5M	$3.5M	25x	as long as short
MEXC UB_USDT	+0.0100%	4h	0.1450	+1.055%	$586K	$679K	100x	as long as short
KuCoin UBUSDTM	+0.0100%	4h	0.1449	+0.956%	$1.0M	$1.3M	20x	as long as short
Bitget UBUSDT	+0.0100%	4h	0.1450	+1.041%	$2.3M	$3.4M	50x	as long as short
BingX UB-USDT	+0.0100%	4h	0.1448	+0.902%	—	$2.7M	—	as long as short
Variational Omni UB	+0.0100%	4h	0.1439	+0.279%	$30	$8K	—	as long as short
edgeX UBUSDClong	+0.0100%	4h	0.1435	long leg	$36K	$268K	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	0.1451	+1.097%	$16K	$246K	20x	as long as short
Extended UB-USD	+0.0104%	1h	0.1450	+1.047%	$934	$170K	5x	as long as short
BloFin UB-USDT	+0.0109%	4h	0.1451	+1.125%	$152K	$954K	50x	as long as short
Aster UBUSDT	+0.0482%	4h	0.1448	+0.868%	$393K	$185K	5x	as long as short