Funding arb · Price arb /

UB

all UB markets

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: MEXC against Variational Omni+0.641%7-day average — · you sell dearer than you buy

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

Long on Variational Omni Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.641% dearer against Variational Omni than usual: you sell high and buy low, +$64 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni UB	0.1479	0.0100	pay 0.0050% / 4h	3h 29m	$2K	$7K	—
Short	MEXC UB_USDT	0.1489	0.0100	get 0.0050% / 4h	3h 29m	$608K	$709K	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Variational Omni. 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 Variational OmnibpFee MEXCbpOrdersPrice spread, now +0.641%Rate

Funding earned: $0
Price spread: +0.641% → 0.000%: $64.08
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee MEXC: 4 bp × 2 orders: −$8
Net: $56.08
Costs to cover: 0.080%
Break-even: from the start

Slippage unknown: Variational Omni: no order-book sample; MEXC: live order book, 36 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 Variational Omni no order-book sample	—	—	—	—	—
Sell MEXC live order book, 36 min ago	1.66 bp	10.1 bp −$10	59.7 bp −$597	240.3 bp −$24.0K	535.7 bp −$267.8K

Variational Omni: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	0.1488	+0.560%	$3.2M	$17.5M	50x	as long as short
Bybit UBUSDT	+0.0100%	4h	0.1485	+0.354%	$1.0M	$2.6M	20x	as long as short
OKX UB-USDT-SWAP	+0.0100%	4h	0.1485	+0.384%	$1.4M	$16.7M	20x	as long as short
Gate UB_USDT	+0.0100%	4h	0.1481	+0.086%	$1.5M	$3.5M	25x	as long as short
MEXC UB_USDTshort	+0.0100%	4h	0.1489	+0.641%	$608K	$709K	100x
KuCoin UBUSDTM	+0.0100%	4h	0.1483	+0.247%	$1.1M	$1.4M	20x	as long as short
Bitget UBUSDT	+0.0100%	4h	0.1487	+0.553%	$2.4M	$3.6M	50x	as long as short
BingX UB-USDT	+0.0100%	4h	0.1487	+0.492%	—	$2.7M	—	as long as short
Variational Omni UBlong	+0.0100%	4h	0.1479	long leg	$2K	$7K	—
edgeX UBUSDC	+0.0100%	4h	0.1478	−0.088%	$37K	$264K	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-USDT	+0.0100%	4h	0.1487	+0.539%	$16K	$215K	20x	as long as short
Extended UB-USD	+0.0104%	1h	0.1489	+0.647%	$957	$172K	5x	as long as short
BloFin UB-USDT	+0.0141%	4h	0.1482	+0.208%	$161K	$1.1M	50x	as long as short
Aster UBUSDT	+0.0542%	4h	0.1484	+0.339%	$403K	$201K	5x	as long as short