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 −0.020%

Price spread now: Gate against BingX+0.007%7-day average −0.054% · you sell dearer than you buy

Net, funding: paid 7d − costs−$223as in the Funding arb table

Net, price: spread back to 7d avg − costs−$203as in the Price arb table

costs, in and out, $10k−$2092.093% of the position

Long on BingX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.137%−$14 on $10k

Price spread, last 7 days+0.022%+$2 · spread now +0.007%, 7d avg −0.054%

Together, before fees−0.115%−$12 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 0.061% dearer against BingX than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.054%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX UB-USDT	0.1498	0.0100	pay 0.0050% / 4h	0m 32s	—	$2.7M	—
Short	Gate UB_USDT	0.1498	0.0100	get 0.0050% / 4h	0m 32s	$1.5M	$3.5M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.007%Rate

Funding earned: $0
Price spread: +0.007% → −0.054%: $6.07
Slippage, 4 orders: −$184.28
Fee BingX: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$203.21
Costs to cover: 2.093%
Break-even: never at this rate

Slippage from BingX: live order book, 9 min ago; Gate: 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, 9 min ago	3.67 bp	19.2 bp −$19	78.6 bp −$786	doesn't fit	doesn't fit
Sell Gate live order book, 3 min ago	5.67 bp	84.1 bp −$84	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	+0.0073%	4h	0.1501	+0.200%	$162K	$1.1M	50x	as long as short
Binance UBUSDT	+0.0100%	4h	0.1500	+0.100%	$3.3M	$17.1M	50x	as long as short
Bybit UBUSDT	+0.0100%	4h	0.1499	+0.030%	$1.1M	$2.4M	20x	as long as short
OKX UB-USDT-SWAP	+0.0100%	4h	0.1499	+0.047%	$1.4M	$16.6M	20x	as long as short
Gate UB_USDTshort	+0.0100%	4h	0.1498	+0.007%	$1.5M	$3.5M	25x
MEXC UB_USDT	+0.0100%	4h	0.1500	+0.140%	$658K	$717K	100x	as long as short
KuCoin UBUSDTM	+0.0100%	4h	0.1499	+0.022%	$1.1M	$1.3M	20x	as long as short
Bitget UBUSDT	+0.0100%	4h	0.1500	+0.093%	$2.4M	$3.5M	50x	as long as short
BingX UB-USDTlong	+0.0100%	4h	0.1498	long leg	—	$2.7M	—
Variational Omni UB	+0.0100%	4h	0.1499	+0.060%	$2K	$7K	—	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	0.1506	+0.499%	$38K	$263K	10x	as long as short
HTX UB-USDT	+0.0100%	4h	0.1501	+0.174%	$17K	$206K	20x	as long as short
Extended UB-USD	+0.0104%	1h	0.1500	+0.140%	$967	$176K	5x	as long as short
Aster UBUSDT	+0.0626%	4h	0.1501	+0.168%	$407K	$206K	5x	as long as short