Funding arb · Price arb /

UB

all UB markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Bitget against BingX−0.034%7-day average +0.094% · you buy dearer than you sell

Net, funding: paid 7d − costs−$144as in the Funding arb table

Net, price: spread back to 7d avg − costs−$148as in the Price arb table

costs, in and out, $10k−$1351.348% of the position

Long on BingX Short on Bitget

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+0.049%+$5 · spread now −0.034%, 7d avg +0.094%

Together, before fees−0.044%−$4 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: Bitget is 0.129% cheaper against BingX than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of +0.094%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX UB-USDT	0.1457	0.0100	pay 0.0050% / 4h	2h 29m	—	$2.7M	—
Short	Bitget UBUSDT	0.1456	0.0100	get 0.0050% / 4h	2h 29m	$2.3M	$3.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now −0.034%Rate

Funding earned: $0
Price spread: −0.034% → +0.094%: −$12.86
Slippage, 4 orders: −$112.79
Fee BingX: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$147.65
Costs to cover: 1.348%
Break-even: never at this rate

Slippage from BingX: live order book, 10 min ago; Bitget: live order book, 3 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, 10 min ago	5.11 bp	33.2 bp −$33	141.6 bp −$1,416	doesn't fit	doesn't fit
Sell Bitget live order book, 3 min ago	7.22 bp	29.8 bp −$30	169.1 bp −$1,691	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	0.1457	+0.027%	$3.2M	$16.5M	50x	as long as short
Bybit UBUSDT	+0.0100%	4h	0.1455	−0.145%	$1.1M	$2.4M	20x	as long as short
OKX UB-USDT-SWAP	+0.0100%	4h	0.1456	−0.034%	$1.3M	$15.9M	20x	as long as short
Gate UB_USDT	+0.0100%	4h	0.1453	−0.254%	$1.5M	$3.4M	25x	as long as short
MEXC UB_USDT	+0.0100%	4h	0.1457	+0.041%	$663K	$699K	100x	as long as short
KuCoin UBUSDTM	+0.0100%	4h	0.1453	−0.291%	$1.0M	$1.4M	20x	as long as short
Bitget UBUSDTshort	+0.0100%	4h	0.1456	−0.034%	$2.3M	$3.6M	50x
BingX UB-USDTlong	+0.0100%	4h	0.1457	long leg	—	$2.7M	—
Variational Omni UB	+0.0100%	4h	0.1452	−0.341%	$91	$5K	—	as long as short
edgeX UBUSDC	+0.0100%	4h	0.1465	+0.562%	$37K	$259K	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	0.1457	+0.027%	$15K	$169K	20x	as long as short
BloFin UB-USDT	+0.0102%	4h	0.1456	−0.089%	$161K	$1.2M	50x	as long as short
Extended UB-USD	+0.0104%	1h	0.1457	+0.035%	$938	$176K	5x	as long as short
Aster UBUSDT	+0.0780%	4h	0.1456	−0.064%	$395K	$203K	5x	as long as short