Funding arb · Price arb /

UB

all UB markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Bybit against HTX−0.078%7-day average −0.117% · you buy dearer than you sell

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

Long on HTX Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.030%−$3 on $10k

Price spread, last 4 days (all we have)0.000%$0 · spread now −0.078%, 7d avg −0.117%

Together, before fees−0.030%−$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: Bybit is 0.039% dearer against HTX than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.117%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX UB-USDT	0.1462	0.0100	pay 0.0050% / 4h	1h 29m	$16K	$366K	20x
Short	Bybit UBUSDT	0.1461	0.0100	get 0.0050% / 4h	1h 29m	$908K	$2.0M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now −0.078%Rate

Funding earned: $0
Price spread: −0.078% → −0.117%: $3.94
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$19.06
Costs to cover: 0.230%
Break-even: never at this rate

Slippage unknown: HTX: live order book, 17 min ago; Bybit: live order book, 11 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, 17 min ago	29.47 bp	77.3 bp −$77	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 11 min ago	4.78 bp	88.5 bp −$89	414.6 bp −$4,146	doesn't fit	doesn't fit

UB on 14 exchanges

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	+0.0080%	4h	0.1462	−0.007%	$154K	$780K	50x	as long as short
Binance UBUSDT	+0.0100%	4h	0.1462	−0.014%	$3.0M	$13.4M	50x	as long as short
Bybit UBUSDTshort	+0.0100%	4h	0.1461	−0.078%	$908K	$2.0M	20x
OKX UB-USDT-SWAP	+0.0100%	4h	0.1458	−0.253%	$1.2M	$11.0M	20x	as long as short
Gate UB_USDT	+0.0100%	4h	0.1458	−0.246%	$1.5M	$3.1M	25x	as long as short
MEXC UB_USDT	+0.0100%	4h	0.1462	−0.007%	$606K	$618K	100x	as long as short
KuCoin UBUSDTM	+0.0100%	4h	0.1459	−0.172%	$1.0M	$905K	20x	as long as short
Bitget UBUSDT	+0.0100%	4h	0.1460	−0.109%	$2.3M	$2.8M	50x	as long as short
BingX UB-USDT	+0.0100%	4h	0.1460	−0.130%	—	$2.5M	—	as long as short
Variational Omni UB	+0.0100%	4h	0.1461	−0.034%	$417	$8K	—	as long as short

Show all 14 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX UBUSDC	+0.0100%	4h	0.1463	+0.099%	$37K	$275K	10x	as long as short
HTX UB-USDTlong	+0.0100%	4h	0.1462	long leg	$16K	$366K	20x
Extended UB-USD	+0.0104%	1h	0.1461	−0.032%	$2K	$220K	5x	as long as short
Aster UBUSDT	+0.0356%	4h	0.1464	+0.126%	$397K	$95K	5x	as long as short