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

UB

all UB markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0032%/8h= +3.5% APRnext payment +$0.16 per $10,000 · paid last 24h +0.005%
Price spread now: Bitget against Gate+0.007%7-day average +0.156% · you sell dearer than you buy
Net, funding: paid 7d − costs−$184as in the Funding arb table
Net, price: spread back to 7d avg − costs−$204as in the Price arb table
costs, in and out, $10k−$1891.888% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.046%+$5 on $10k
Price spread, last 7 days+0.185%+$19 · spread now +0.007%, 7d avg +0.156%
Together, before fees+0.232%+$23 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bitget is 0.149% cheaper against Gate than usual: you would sell low and buy high (spread +0.007% now, against its 7-day average of +0.156%). If the spread goes back, that is −$15 on $10k: about 16 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate UB_USDT0.14730.0068pay 0.0034% / 4h3h 58m$1.5M$3.1M25x
ShortBitget UBUSDT0.14730.0100get 0.0050% / 4h3h 58m$2.4M$2.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Gate. 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
$6.72
Price spread: +0.007% → +0.156%
−$14.93
Slippage, 4 orders
−$161.84
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$197.05
Costs to cover
1.888%
Break-even
212.3 days
Slippage from Gate: live order book, 4 min ago; Bitget: live order book, 4 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 Gate live order book, 4 min ago5.77 bp63.5 bp −$63doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 4 min ago3.39 bp21.7 bp −$2287.9 bp −$879doesn't fitdoesn't fit

UB on 14 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
Gate UB_USDTlong+0.0068%4h0.1473long leg$1.5M$3.1M25x
KuCoin UBUSDTM+0.0078%4h0.1473+0.015%$1.0M$970K20xas long as short
BloFin UB-USDT+0.0085%4h0.1474+0.081%$159K$823K50xas long as short
Binance UBUSDT+0.0100%4h0.1474+0.068%$3.1M$14.3M50xas long as short
Bybit UBUSDT+0.0100%4h0.1472−0.027%$944K$2.2M20xas long as short
OKX UB-USDT-SWAP+0.0100%4h0.1471−0.088%$1.4M$11.6M20xas long as short
MEXC UB_USDT+0.0100%4h0.1474+0.102%$667K$612K100xas long as short
Bitget UBUSDTshort+0.0100%4h0.1473+0.007%$2.4M$2.9M50x
BingX UB-USDT+0.0100%4h0.1472−0.081%$2.6Mas long as short
Variational Omni UB+0.0100%4h0.1474+0.095%$422$8Kas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX UBUSDC+0.0100%4h0.1477+0.297%$37K$273K10xas long as short
HTX UB-USDT+0.0100%4h0.1474+0.122%$16K$330K20xas long as short
Extended UB-USD+0.0104%1h0.1474+0.092%$2K$222K5xas long as short
Aster UBUSDT+0.0201%4h0.1474+0.118%$400K$113K5xas long as short