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: edgeX against Binance+0.082%110s7-day average −0.035% · you sell dearer than you buy

Net, funding: paid 7d − costs−$71as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$710.710% of the position

Long on Binance 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)+0.023%+$2 · spread now +0.082%, 7d avg −0.035%

Together, before fees+0.023%+ Points / potential airdropedgeX: Active · farm board+$2 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 0.117% dearer against Binance than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of −0.035%. The two prices were read 110 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	Binance UBUSDT	0.1468	0.0100	pay 0.0050% / 4h	2h 59m	$3.0M	$13.6M	50x
Short	edgeX UBUSDC	0.1469	0.0100	get 0.0050% / 4h	2h 59m	$37K	$273K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Binance. 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 BinancebpFee edgeXbpOrdersPrice spread, now +0.082%Rate

Funding earned: $0
Price spread: +0.082% → −0.035%: $11.72
Slippage, 4 orders: −$52.03
Fee Binance: 5 bp × 2 orders: −$10
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$59.31
Costs to cover: 0.710%
Break-even: never at this rate

Slippage from Binance: live order book, 11 min ago; edgeX: live order book, 33 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 Binance live order book, 11 min ago	0.68 bp	23.9 bp −$24	198.8 bp −$1,988	doesn't fit	doesn't fit
Sell edgeX live order book, 33 min ago	5.46 bp	14.0 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
Gate UB_USDT	+0.0018%	4h	0.1465	−0.165%	$1.5M	$3.3M	25x	as long as short
KuCoin UBUSDTM	+0.0058%	4h	0.1463	−0.321%	$1.0M	$923K	20x	as long as short
Binance UBUSDTlong	+0.0100%	4h	0.1468	long leg	$3.0M	$13.6M	50x
Bybit UBUSDT	+0.0100%	4h	0.1465	−0.154%	$917K	$2.1M	20x	as long as short
OKX UB-USDT-SWAP	+0.0100%	4h	0.1465	−0.165%	$1.3M	$11.2M	20x	as long as short
MEXC UB_USDT	+0.0100%	4h	0.1467	−0.029%	$592K	$614K	100x	as long as short
Bitget UBUSDT	+0.0100%	4h	0.1466	−0.097%	$2.4M	$2.8M	50x	as long as short
BingX UB-USDT	+0.0100%	4h	0.1467	−0.063%	—	$2.6M	—	as long as short
Variational Omni UB	+0.0100%	4h	0.1466	−0.082%	$419	$8K	—	as long as short
edgeX UBUSDCshort	+0.0100%	4h	0.1469	+0.082%	$37K	$273K	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	0.1468	+0.032%	$16K	$343K	20x	as long as short
Extended UB-USD	+0.0104%	1h	0.1467	−0.017%	$3K	$219K	5x	as long as short
BloFin UB-USDT	+0.0148%	4h	0.1468	+0.046%	$155K	$808K	50x	as long as short
Aster UBUSDT	+0.0186%	4h	0.1468	+0.010%	$398K	$100K	5x	as long as short