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 +0.005%

Price spread now: edgeX against Gate+1.033%7-day average +0.088% · you sell dearer than you buy

Net, funding: paid 7d − costs−$160as in the Funding arb table

Net, price: spread back to 7d avg − costs−$70as in the Price arb table

costs, in and out, $10k−$1641.643% of the position

Long on Gate Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.046%+$5 on $10k

Price spread, last 4 days (all we have)−0.909%−$91 · spread now +1.033%, 7d avg +0.088%

Together, before fees−0.862%+ Points / potential airdropedgeX: Active · farm board−$86 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: edgeX is 0.946% dearer against Gate than usual: you sell high and buy low, +$95 on $10k if it goes back to its 7-day average of +0.088%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate UB_USDT	0.1476	0.0100	pay 0.0050% / 4h	1h 57m	$1.5M	$3.3M	25x
Short	edgeX UBUSDC	0.1492	0.0100	get 0.0050% / 4h	1h 57m	$38K	$270K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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

Position, each leg$Hold fordaysFee GatebpFee edgeXbpOrdersPrice spread, now +1.033%Rate

Funding earned: $0
Price spread: +1.033% → +0.088%: $94.57
Slippage, 4 orders: −$140.29
Fee Gate: 7.5 bp × 2 orders: −$15
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$69.72
Costs to cover: 1.643%
Break-even: never at this rate

Slippage from Gate: live order book, 5 min ago; edgeX: live order book, 50 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 Gate live order book, 5 min ago	3.37 bp	63.8 bp −$64	doesn't fit	doesn't fit	doesn't fit
Sell edgeX live order book, 50 min ago	5.98 bp	14.4 bp −$14	doesn't fit	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
BloFin UB-USDT	+0.0085%	4h	0.1492	+1.036%	$160K	$846K	50x	as long as short
Binance UBUSDT	+0.0100%	4h	0.1479	+0.188%	$3.1M	$14.9M	50x	as long as short
Bybit UBUSDT	+0.0100%	4h	0.1476	+0.003%	$959K	$2.3M	20x	as long as short
OKX UB-USDT-SWAP	+0.0100%	4h	0.1477	+0.027%	$1.4M	$12.5M	20x	as long as short
Gate UB_USDTlong	+0.0100%	4h	0.1476	long leg	$1.5M	$3.3M	25x
MEXC UB_USDT	+0.0100%	4h	0.1481	+0.305%	$697K	$638K	100x	as long as short
KuCoin UBUSDTM	+0.0100%	4h	0.1485	+0.574%	$1.0M	$1.1M	20x	as long as short
Bitget UBUSDT	+0.0100%	4h	0.1477	+0.061%	$2.4M	$3.0M	50x	as long as short
BingX UB-USDT	+0.0100%	4h	0.1477	+0.027%	—	$2.6M	—	as long as short
Variational Omni UB	+0.0100%	4h	0.1492	+1.058%	$425	$8K	—	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX UBUSDCshort	+0.0100%	4h	0.1492	+1.033%	$38K	$270K	10x
HTX UB-USDT	+0.0100%	4h	0.1489	+0.833%	$16K	$300K	20x	as long as short
Extended UB-USD	+0.0104%	1h	0.1484	+0.496%	$3K	$210K	5x	as long as short
Aster UBUSDT	+0.0588%	4h	0.1484	+0.513%	$403K	$131K	5x	as long as short