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−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Bitget against Extended+0.068%7-day average +0.065% · you sell dearer than you buy
Net, funding: paid 7d − costs−$127as in the Funding arb table
Net, price: spread back to 7d avg − costs−$126as in the Price arb table
costs, in and out, $10k−$1261.262% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.008%−$1 on $10k
Price spread, last 4 days (all we have)−0.017%−$2 · spread now +0.068%, 7d avg +0.065%
Together, before fees−0.025%+ Points / potential airdropExtended: Active · farm board−$3 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended UB-USD0.14520.0104pay 0.0013% / 1h46m 59s$5K$169K5x
ShortBitget UBUSDT0.14530.0100get 0.0050% / 4h46m 59s$2.3M$3.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Extended. 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
−$0.84
Price spread: +0.068% → +0.065%
$0.34
Slippage, 4 orders
−$109.16
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$126.66
Costs to cover
1.262%
Break-even
never at this rate
Slippage from Extended: live order book, 9 min ago; Bitget: live order book, 1 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 Extended live order book, 9 min ago0.48 bp32.0 bp −$32260.5 bp −$2,605doesn't fitdoesn't fit
Sell Bitget live order book, 1 min ago4.48 bp24.8 bp −$25117.9 bp −$1,179doesn'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%4h0.1453+0.110%$3.0M$16.7M50xas long as short
Bybit UBUSDT+0.0100%4h0.1452+0.034%$961K$2.6M20xas long as short
OKX UB-USDT-SWAP+0.0100%4h0.1452−0.007%$1.3M$14.5M20xas long as short
Gate UB_USDT+0.0100%4h0.1449−0.187%$1.5M$3.4M25xas long as short
MEXC UB_USDT+0.0100%4h0.1453+0.082%$635K$673K100xas long as short
KuCoin UBUSDTM+0.0100%4h0.1451−0.066%$1.1M$1.2M20xas long as short
Bitget UBUSDTshort+0.0100%4h0.1453+0.068%$2.3M$3.4M50x
BingX UB-USDT+0.0100%4h0.1453+0.075%$2.7Mas long as short
Variational Omni UB+0.0100%4h0.1453+0.099%$31$8Kas long as short
edgeX UBUSDC+0.0100%4h0.1452+0.028%$37K$268K10xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX UB-USDT+0.0100%4h0.1454+0.144%$16K$257K20xas long as short
Extended UB-USDlong+0.0104%1h0.1452long leg$5K$169K5x
BloFin UB-USDT+0.0127%4h0.1453+0.068%$152K$927K50xas long as short
Aster UBUSDT+0.0493%4h0.1454+0.158%$395K$170K5xas long as short