Funding arb · Price arb /

UB

all UB markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%

Price spread now: edgeX against Extended+0.153%7-day average −0.011% · you sell dearer than you buy

Net, funding: paid 7d − costs−$107as in the Funding arb table

Net, price: spread back to 7d avg − costs−$90as in the Price arb table

costs, in and out, $10k−$1061.065% of the position

Long on Extended Short on edgeX

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)−0.161%−$16 · spread now +0.153%, 7d avg −0.011%

Together, before fees−0.169%+ Points / potential airdropExtended: Active · edgeX: Active · farm board−$17 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: edgeX is 0.164% dearer against Extended than usual: you sell high and buy low, +$16 on $10k if it goes back to its 7-day average of −0.011%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended UB-USD	0.1480	0.0104	pay 0.0013% / 1h	3m 28s	$3K	$109K	5x
Short	edgeX UBUSDC	0.1482	0.0100	get 0.0050% / 4h	1h 03m	$37K	$272K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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

Position, each leg$Hold fordaysFee ExtendedbpFee edgeXbpOrdersPrice spread, now +0.153%Rate

Funding earned: −$0.84
Price spread: +0.153% → −0.011%: $16.41
Slippage, 4 orders: −$92.46
Fee Extended: 2.5 bp × 2 orders: −$5
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$90.89
Costs to cover: 1.065%
Break-even: never at this rate

Slippage from Extended: live order book, 38 min ago; edgeX: live order book, 39 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 Extended live order book, 38 min ago	0.10 bp	39.6 bp −$40	308.7 bp −$3,087	doesn't fit	doesn't fit
Sell edgeX live order book, 39 min ago	6.34 bp	16.7 bp −$17	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	0.1482	+0.166%	$3.1M	$14.4M	50x	as long as short
Bybit UBUSDT	+0.0100%	4h	0.1480	+0.008%	$956K	$2.2M	20x	as long as short
OKX UB-USDT-SWAP	+0.0100%	4h	0.1481	+0.067%	$1.4M	$11.9M	20x	as long as short
Gate UB_USDT	+0.0100%	4h	0.1478	−0.096%	$1.5M	$3.3M	25x	as long as short
MEXC UB_USDT	+0.0100%	4h	0.1482	+0.134%	$689K	$658K	100x	as long as short
KuCoin UBUSDTM	+0.0100%	4h	0.1479	−0.031%	$1.0M	$979K	20x	as long as short
Bitget UBUSDT	+0.0100%	4h	0.1481	+0.107%	$2.4M	$2.9M	50x	as long as short
BingX UB-USDT	+0.0100%	4h	0.1481	+0.107%	—	$2.6M	—	as long as short
Variational Omni UB	+0.0100%	4h	0.1481	+0.063%	$423	$8K	—	as long as short
edgeX UBUSDCshort	+0.0100%	4h	0.1482	+0.153%	$37K	$272K	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	0.1481	+0.080%	$16K	$314K	20x	as long as short
Extended UB-USDlong	+0.0104%	1h	0.1480	long leg	$3K	$109K	5x
BloFin UB-USDT	+0.0126%	4h	0.1482	+0.127%	$160K	$834K	50x	as long as short
Aster UBUSDT	+0.0425%	4h	0.1483	+0.211%	$402K	$114K	5x	as long as short