Settings8H · net · $10k
Funding arb · Price arb /

UB

all UB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0007%/8h= −0.7% APRnext payment $0.03 per $10,000 · paid last 24h −0.022%
Price spread now: OKX against BloFin−0.132%7-day average −0.146% · you buy dearer than you sell
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$760.755% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.043%−$4 on $10k
Price spread, last 4 days (all we have)−0.057%−$6 · spread now −0.132%, 7d avg −0.146%
Together, before fees−0.100%−$10 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin UB-USDT0.14440.0107pay 0.0053% / 4h1h 30m$153K$952K50x
ShortOKX UB-USDT-SWAP0.14420.0100get 0.0050% / 4h1h 30m$1.3M$14.6M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against BloFin. 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

Funding earned
−$1.41
Price spread: −0.132% → −0.146%
$1.41
Slippage, 4 orders
−$53.51
Fee BloFin: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$75.51
Costs to cover
0.755%
Break-even
never at this rate
Slippage from BloFin: live order book, 12 min ago; OKX: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 12 min ago0.35 bp24.5 bp −$25doesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 3 min ago0.35 bp17.1 bp −$17238.2 bp −$2,382doesn't fitdoesn't fit

UB on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance UBUSDT+0.0100%4h0.1443−0.042%$3.0M$16.8M50xas long as short
Bybit UBUSDT+0.0100%4h0.1442−0.146%$963K$2.6M20xas long as short
OKX UB-USDT-SWAPshort+0.0100%4h0.1442−0.132%$1.3M$14.6M20x
Gate UB_USDT+0.0100%4h0.1442−0.125%$1.4M$3.5M25xas long as short
MEXC UB_USDT+0.0100%4h0.1444+0.014%$584K$679K100xas long as short
KuCoin UBUSDTM+0.0100%4h0.1440−0.237%$1.0M$1.3M20xas long as short
Bitget UBUSDT+0.0100%4h0.1444+0.048%$2.3M$3.4M50xas long as short
BingX UB-USDT+0.0100%4h0.1443−0.076%$2.7Mas long as short
Variational Omni UB+0.0100%4h0.1439−0.308%$30$8Kas long as short
edgeX UBUSDC+0.0100%4h0.1435−0.585%$36K$268K10xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX UB-USDT+0.0100%4h0.1443−0.055%$16K$245K20xas long as short
Extended UB-USD+0.0104%1h0.1443−0.035%$929$170K5xas long as short
BloFin UB-USDTlong+0.0107%4h0.1444long leg$153K$952K50x
Aster UBUSDT+0.0464%4h0.1444+0.014%$392K$185K5xas long as short