Funding arb · Price arb /

UB

all UB markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: BingX against HTX−0.034%52s7-day average −0.055% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on HTX Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.093%+$9 on $10k

Price spread, last 3 days (all we have)−0.125%−$12 · spread now −0.034%, 7d avg −0.055%

Together, before fees−0.031%−$3 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: BingX is 0.021% dearer against HTX than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.055%. The two prices were read 52 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	HTX UB-USDT	0.1466	0.0100	pay 0.0050% / 4h	2h 10m	$15K	$174K	20x
Short	BingX UB-USDT	0.1466	0.0100	get 0.0050% / 4h	2h 10m	—	$2.7M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against HTX. 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 HTXbpFee BingXbpOrdersPrice spread, now −0.034%Rate

Funding earned: $0
Price spread: −0.034% → −0.055%: $2.13
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: −$19.87
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: HTX: live order book, 11 min ago; BingX: live order book, 9 min ago. Net counts fees only.

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 HTX live order book, 11 min ago	36.15 bp	68.1 bp −$68	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 9 min ago	4.80 bp	36.0 bp −$36	112.5 bp −$1,125	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	0.1467	+0.045%	$3.2M	$16.5M	50x	as long as short
Bybit UBUSDT	+0.0100%	4h	0.1464	−0.141%	$1.1M	$2.4M	20x	as long as short
OKX UB-USDT-SWAP	+0.0100%	4h	0.1464	−0.109%	$1.4M	$16.0M	20x	as long as short
Gate UB_USDT	+0.0100%	4h	0.1463	−0.205%	$1.5M	$3.4M	25x	as long as short
MEXC UB_USDT	+0.0100%	4h	0.1467	+0.048%	$664K	$705K	100x	as long as short
KuCoin UBUSDTM	+0.0100%	4h	0.1462	−0.283%	$1.0M	$1.4M	20x	as long as short
Bitget UBUSDT	+0.0100%	4h	0.1464	−0.109%	$2.4M	$3.5M	50x	as long as short
BingX UB-USDTshort	+0.0100%	4h	0.1466	−0.034%	—	$2.7M	—
Variational Omni UB	+0.0100%	4h	0.1463	−0.221%	$91	$5K	—	as long as short
edgeX UBUSDC	+0.0100%	4h	0.1457	−0.595%	$37K	$260K	10x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX UB-USDTlong	+0.0100%	4h	0.1466	long leg	$15K	$174K	20x
Extended UB-USD	+0.0104%	1h	0.1466	−0.005%	$943	$176K	5x	as long as short
BloFin UB-USDT	+0.0119%	4h	0.1466	−0.027%	$159K	$1.2M	50x	as long as short
Aster UBUSDT	+0.0711%	4h	0.1466	−0.027%	$398K	$201K	5x	as long as short