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 −0.005%

Price spread now: Gate against Binance−0.330%7-day average −0.083% · you buy dearer than you sell

Net, funding: paid 7d − costs−$241as in the Funding arb table

Net, price: spread back to 7d avg − costs−$261as in the Price arb table

costs, in and out, $10k−$2362.359% of the position

Long on Binance Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.046%−$5 on $10k

Price spread, last 7 days+0.358%+$36 · spread now −0.330%, 7d avg −0.083%

Together, before fees+0.312%+$31 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: Gate is 0.248% cheaper against Binance than usual: you would sell low and buy high, −$25 on $10k if it goes back to its 7-day average of −0.083%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance UBUSDT	0.1435	0.0100	pay 0.0050% / 4h	1h 34m	$3.0M	$16.9M	50x
Short	Gate UB_USDT	0.1430	0.0100	get 0.0050% / 4h	1h 34m	$1.4M	$3.5M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.330%Rate

Funding earned: $0
Price spread: −0.330% → −0.083%: −$24.77
Slippage, 4 orders: −$210.9
Fee Binance: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$260.67
Costs to cover: 2.359%
Break-even: never at this rate

Slippage from Binance: live order book, 6 min ago; Gate: live order book, 4 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, 6 min ago	1.05 bp	29.8 bp −$30	211.6 bp −$2,116	doesn't fit	doesn't fit
Sell Gate live order book, 4 min ago	7.02 bp	87.5 bp −$88	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
BloFin UB-USDT	+0.0085%	4h	0.1431	−0.254%	$157K	$946K	50x	as long as short
Binance UBUSDTlong	+0.0100%	4h	0.1435	long leg	$3.0M	$16.9M	50x
Bybit UBUSDT	+0.0100%	4h	0.1434	−0.106%	$958K	$2.6M	20x	as long as short
OKX UB-USDT-SWAP	+0.0100%	4h	0.1436	+0.053%	$1.3M	$14.5M	20x	as long as short
Gate UB_USDTshort	+0.0100%	4h	0.1430	−0.330%	$1.4M	$3.5M	25x
MEXC UB_USDT	+0.0100%	4h	0.1436	+0.032%	$578K	$677K	100x	as long as short
KuCoin UBUSDTM	+0.0100%	4h	0.1431	−0.248%	$1.0M	$1.3M	20x	as long as short
Bitget UBUSDT	+0.0100%	4h	0.1435	−0.031%	$2.3M	$3.4M	50x	as long as short
BingX UB-USDT	+0.0100%	4h	0.1436	+0.060%	—	$2.7M	—	as long as short
Variational Omni UB	+0.0100%	4h	0.1425	−0.719%	$30	$8K	—	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX UBUSDC	+0.0100%	4h	0.1427	−0.560%	$36K	$267K	10x	as long as short
HTX UB-USDT	+0.0100%	4h	0.1434	−0.093%	$16K	$244K	20x	as long as short
Extended UB-USD	+0.0104%	1h	0.1434	−0.072%	$924	$170K	5x	as long as short
Aster UBUSDT	+0.0434%	4h	0.1433	−0.108%	$389K	$185K	5x	as long as short