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 −0.059%

Price spread now: OKX against edgeX+0.120%7-day average −0.101% · you sell dearer than you buy

Net, funding: paid 7d − costs−$91as in the Funding arb table

Net, price: spread back to 7d avg − costs−$63as in the Price arb table

costs, in and out, $10k−$850.855% of the position

Long on edgeX Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.055%−$6 on $10k

Price spread, last 3 days (all we have)−0.276%−$28 · spread now +0.120%, 7d avg −0.101%

Together, before fees−0.331%+ Points / potential airdropedgeX: Active · farm board−$33 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: OKX is 0.221% dearer against edgeX than usual: you sell high and buy low, +$22 on $10k if it goes back to its 7-day average of −0.101%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX UBUSDC	0.1476	0.0100	pay 0.0050% / 4h	1h 07m	$37K	$260K	10x
Short	OKX UB-USDT-SWAP	0.1477	0.0100	get 0.0050% / 4h	1h 07m	$1.4M	$16.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.120%Rate

Funding earned: $0
Price spread: +0.120% → −0.101%: $22.08
Slippage, 4 orders: −$66.47
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee OKX: 5 bp × 2 orders: −$10
Net: −$63.39
Costs to cover: 0.855%
Break-even: never at this rate

Slippage from edgeX: live order book, 10 min ago; OKX: 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, 10 min ago	7.79 bp	18.1 bp −$18	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 1 min ago	3.38 bp	26.5 bp −$26	236.9 bp −$2,369	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	+0.0086%	4h	0.1476	+0.032%	$143K	$1.1M	50x	as long as short
Binance UBUSDT	+0.0100%	4h	0.1480	+0.270%	$3.2M	$16.7M	50x	as long as short
Bybit UBUSDT	+0.0100%	4h	0.1477	+0.101%	$1.1M	$2.4M	20x	as long as short
OKX UB-USDT-SWAPshort	+0.0100%	4h	0.1477	+0.120%	$1.4M	$16.2M	20x
Gate UB_USDT	+0.0100%	4h	0.1475	−0.016%	$1.5M	$3.4M	25x	as long as short
MEXC UB_USDT	+0.0100%	4h	0.1479	+0.269%	$645K	$709K	100x	as long as short
KuCoin UBUSDTM	+0.0100%	4h	0.1476	+0.023%	$1.0M	$1.4M	20x	as long as short
Bitget UBUSDT	+0.0100%	4h	0.1479	+0.215%	$2.4M	$3.5M	50x	as long as short
BingX UB-USDT	+0.0100%	4h	0.1478	+0.181%	—	$2.7M	—	as long as short
Variational Omni UB	+0.0100%	4h	0.1474	−0.121%	$92	$5K	—	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX UBUSDClong	+0.0100%	4h	0.1476	long leg	$37K	$260K	10x
HTX UB-USDT	+0.0100%	4h	0.1480	+0.303%	$16K	$189K	20x	as long as short
Extended UB-USD	+0.0104%	1h	0.1479	+0.215%	$952	$176K	5x	as long as short
Aster UBUSDT	+0.0637%	4h	0.1479	+0.227%	$401K	$204K	5x	as long as short