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 0.000%

Price spread now: Binance against edgeX+0.286%60s7-day average +0.042% · you sell dearer than you buy

Net, funding: paid 7d − costs−$77as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$770.772% of the position

Long on edgeX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 4 days (all we have)−0.376%−$38 · spread now +0.286%, 7d avg +0.042%

Together, before fees−0.376%+ Points / potential airdropedgeX: Active · farm board−$38 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 0.244% dearer against edgeX than usual: you sell high and buy low, +$24 on $10k if it goes back to its 7-day average of +0.042%. The two prices were read 60 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX UBUSDC	0.1460	0.0100	pay 0.0050% / 4h	40m 30s	$37K	$267K	10x
Short	Binance UBUSDT	0.1464	0.0100	get 0.0050% / 4h	40m 30s	$3.1M	$16.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against edgeX. 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 edgeXbpFee BinancebpOrdersPrice spread, now +0.286%Rate

Funding earned: $0
Price spread: +0.286% → +0.042%: $24.4
Slippage, 4 orders: −$58.15
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Binance: 5 bp × 2 orders: −$10
Net: −$52.75
Costs to cover: 0.772%
Break-even: never at this rate

Slippage from edgeX: live order book, 17 min ago; Binance: live order book, 15 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 edgeX live order book, 17 min ago	6.17 bp	14.8 bp −$15	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 15 min ago	0.69 bp	22.3 bp −$22	79.8 bp −$798	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 UBUSDTshort	+0.0100%	4h	0.1464	+0.286%	$3.1M	$16.7M	50x
Bybit UBUSDT	+0.0100%	4h	0.1462	+0.101%	$965K	$2.6M	20x	as long as short
OKX UB-USDT-SWAP	+0.0100%	4h	0.1462	+0.156%	$1.3M	$14.6M	20x	as long as short
Gate UB_USDT	+0.0100%	4h	0.1461	+0.067%	$1.5M	$3.5M	25x	as long as short
MEXC UB_USDT	+0.0100%	4h	0.1464	+0.258%	$645K	$675K	100x	as long as short
KuCoin UBUSDTM	+0.0100%	4h	0.1461	+0.055%	$1.1M	$1.2M	20x	as long as short
Bitget UBUSDT	+0.0100%	4h	0.1464	+0.293%	$2.4M	$3.4M	50x	as long as short
BingX UB-USDT	+0.0100%	4h	0.1463	+0.217%	—	$2.7M	—	as long as short
Variational Omni UB	+0.0100%	4h	0.1460	+0.024%	$31	$8K	—	as long as short
edgeX UBUSDClong	+0.0100%	4h	0.1460	long leg	$37K	$267K	10x

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX UB-USDT	+0.0100%	4h	0.1463	+0.190%	$16K	$259K	20x	as long as short
Extended UB-USD	+0.0104%	1h	0.1465	+0.308%	$5K	$169K	5x	as long as short
BloFin UB-USDT	+0.0106%	4h	0.1464	+0.272%	$153K	$930K	50x	as long as short
Aster UBUSDT	+0.0509%	4h	0.1465	+0.341%	$398K	$171K	5x	as long as short