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: Binance against BingX+0.077%7-day average +0.025% · you sell dearer than you buy

Net, funding: paid 7d − costs−$100as in the Funding arb table

Net, price: spread back to 7d avg − costs−$86as in the Price arb table

costs, in and out, $10k−$910.912% of the position

Long on BingX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.093%−$9 on $10k

Price spread, last 7 days−0.096%−$10 · spread now +0.077%, 7d avg +0.025%

Together, before fees−0.189%−$19 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: Binance is 0.051% dearer against BingX than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.025%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX UB-USDT	0.1472	0.0100	pay 0.0050% / 4h	3h 54m	—	$2.6M	—
Short	Binance UBUSDT	0.1473	0.0100	get 0.0050% / 4h	3h 54m	$3.0M	$14.3M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against BingX. 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 BingXbpFee BinancebpOrdersPrice spread, now +0.077%Rate

Funding earned: $0
Price spread: +0.077% → +0.025%: $5.12
Slippage, 4 orders: −$71.15
Fee BingX: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$86.04
Costs to cover: 0.912%
Break-even: never at this rate

Slippage from BingX: live order book, 11 min ago; Binance: live order book, 1 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 BingX live order book, 11 min ago	2.71 bp	26.2 bp −$26	104.7 bp −$1,047	doesn't fit	doesn't fit
Sell Binance live order book, 1 min ago	1.70 bp	22.1 bp −$22	95.6 bp −$956	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	−0.0162%	4h	0.1471	−0.054%	$1.5M	$3.2M	25x	as long as short
KuCoin UBUSDTM	+0.0072%	4h	0.1471	−0.046%	$1.1M	$975K	20x	as long as short
BloFin UB-USDT	+0.0081%	4h	0.1473	+0.075%	$160K	$821K	50x	as long as short
Binance UBUSDTshort	+0.0100%	4h	0.1473	+0.077%	$3.0M	$14.3M	50x
Bybit UBUSDT	+0.0100%	4h	0.1472	−0.025%	$943K	$2.2M	20x	as long as short
OKX UB-USDT-SWAP	+0.0100%	4h	0.1472	−0.020%	$1.4M	$11.6M	20x	as long as short
MEXC UB_USDT	+0.0100%	4h	0.1473	+0.061%	$663K	$613K	100x	as long as short
Bitget UBUSDT	+0.0100%	4h	0.1472	−0.014%	$2.4M	$2.9M	50x	as long as short
BingX UB-USDTlong	+0.0100%	4h	0.1472	long leg	—	$2.6M	—
Variational Omni UB	+0.0100%	4h	0.1471	−0.105%	$419	$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	0.1470	−0.137%	$37K	$271K	10x	as long as short
HTX UB-USDT	+0.0100%	4h	0.1473	+0.068%	$16K	$331K	20x	as long as short
Extended UB-USD	+0.0104%	1h	0.1473	+0.050%	$3K	$225K	5x	as long as short
Aster UBUSDT	+0.0181%	4h	0.1471	−0.057%	$399K	$113K	5x	as long as short