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 0.000%

Price spread now: edgeX against MEXC−0.326%7-day average −0.039% · you buy dearer than you sell

Net, funding: paid 7d − costs−$47as in the Funding arb table

Net, price: spread back to 7d avg − costs−$76as in the Price arb table

costs, in and out, $10k−$470.471% of the position

Long on MEXC Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 4 days (all we have)+0.413%+$41 · spread now −0.326%, 7d avg −0.039%

Together, before fees+0.413%+ Points / potential airdropedgeX: Active · farm board+$41 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 0.287% cheaper against MEXC than usual: you would sell low and buy high, −$29 on $10k if it goes back to its 7-day average of −0.039%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC UB_USDT	0.1465	0.0100	pay 0.0050% / 4h	39m 39s	$645K	$675K	100x
Short	edgeX UBUSDC	0.1460	0.0100	get 0.0050% / 4h	39m 39s	$37K	$267K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against MEXC. 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 MEXCbpFee edgeXbpOrdersPrice spread, now −0.326%Rate

Funding earned: $0
Price spread: −0.326% → −0.039%: −$28.7
Slippage, 4 orders: −$30.1
Fee MEXC: 4 bp × 2 orders: −$8
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$75.79
Costs to cover: 0.471%
Break-even: never at this rate

Slippage from MEXC: live order book, 11 min ago; edgeX: live order book, 18 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 MEXC live order book, 11 min ago	0.34 bp	8.8 bp −$9	65.2 bp −$652	220.9 bp −$22.1K	doesn't fit
Sell edgeX live order book, 18 min ago	6.17 bp	14.5 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
Binance UBUSDT	+0.0100%	4h	0.1466	+0.076%	$3.1M	$16.7M	50x	as long as short
Bybit UBUSDT	+0.0100%	4h	0.1462	−0.190%	$965K	$2.6M	20x	as long as short
OKX UB-USDT-SWAP	+0.0100%	4h	0.1463	−0.116%	$1.3M	$14.6M	20x	as long as short
Gate UB_USDT	+0.0100%	4h	0.1462	−0.232%	$1.5M	$3.5M	25x	as long as short
MEXC UB_USDTlong	+0.0100%	4h	0.1465	long leg	$645K	$675K	100x
KuCoin UBUSDTM	+0.0100%	4h	0.1461	−0.289%	$1.1M	$1.2M	20x	as long as short
Bitget UBUSDT	+0.0100%	4h	0.1466	+0.048%	$2.4M	$3.4M	50x	as long as short
BingX UB-USDT	+0.0100%	4h	0.1464	−0.034%	—	$2.7M	—	as long as short
Variational Omni UB	+0.0100%	4h	0.1460	−0.302%	$31	$8K	—	as long as short
edgeX UBUSDCshort	+0.0100%	4h	0.1460	−0.326%	$37K	$267K	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	0.1463	−0.123%	$16K	$259K	20x	as long as short
Extended UB-USD	+0.0104%	1h	0.1465	+0.005%	$5K	$169K	5x	as long as short
BloFin UB-USDT	+0.0106%	4h	0.1464	−0.055%	$153K	$930K	50x	as long as short
Aster UBUSDT	+0.0526%	4h	0.1465	−0.005%	$397K	$171K	5x	as long as short