Funding arb · Price arb /

UB

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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 edgeX+0.147%67s7-day average −0.069% · you sell dearer than you buy

Net, funding: paid 7d − costs−$310as 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−$3053.052% of the position

Long on edgeX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.044%−$4 on $10k

Price spread, last 3 days (all we have)−0.325%−$33 · spread now +0.147%, 7d avg −0.069%

Together, before fees−0.370%+ Points / potential airdropedgeX: Active · farm board−$37 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 0.216% dearer against edgeX than usual: you sell high and buy low, +$22 on $10k if it goes back to its 7-day average of −0.069%. The two prices were read 67 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	2h 22m	$37K	$257K	10x
Short	Gate UB_USDT	0.1462	0.0100	get 0.0050% / 4h	2h 22m	$1.5M	$3.4M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.147%Rate

Funding earned: $0
Price spread: +0.147% → −0.069%: $21.61
Slippage, 4 orders: −$281.21
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$283.6
Costs to cover: 3.052%
Break-even: never at this rate

Slippage from edgeX: live order book, 65 min ago; Gate: 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 edgeX live order book, 65 min ago	6.82 bp	13.8 bp −$14	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 1 min ago	18.45 bp	119.0 bp −$119	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
Binance UBUSDT	+0.0100%	4h	0.1465	+0.291%	$3.2M	$16.5M	50x	as long as short
Bybit UBUSDT	+0.0100%	4h	0.1463	+0.156%	$1.1M	$2.4M	20x	as long as short
OKX UB-USDT-SWAP	+0.0100%	4h	0.1462	+0.147%	$1.4M	$16.0M	20x	as long as short
Gate UB_USDTshort	+0.0100%	4h	0.1462	+0.147%	$1.5M	$3.4M	25x
MEXC UB_USDT	+0.0100%	4h	0.1465	+0.339%	$659K	$701K	100x	as long as short
KuCoin UBUSDTM	+0.0100%	4h	0.1459	−0.085%	$1.0M	$1.4M	20x	as long as short
Bitget UBUSDT	+0.0100%	4h	0.1465	+0.304%	$2.4M	$3.6M	50x	as long as short
BingX UB-USDT	+0.0100%	4h	0.1463	+0.181%	—	$2.7M	—	as long as short
Variational Omni UB	+0.0100%	4h	0.1460	−0.014%	$91	$5K	—	as long as short
edgeX UBUSDClong	+0.0100%	4h	0.1460	long leg	$37K	$257K	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	0.1466	+0.352%	$15K	$171K	20x	as long as short
Extended UB-USD	+0.0104%	1h	0.1465	+0.320%	$943	$176K	5x	as long as short
BloFin UB-USDT	+0.0122%	4h	0.1459	−0.072%	$160K	$1.2M	50x	as long as short
Aster UBUSDT	+0.0776%	4h	0.1463	+0.210%	$397K	$203K	5x	as long as short