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 +0.020%

Price spread now: Binance against Gate+0.160%7-day average +0.078% · you sell dearer than you buy

Net, funding: paid 7d − costs−$199as in the Funding arb table

Net, price: spread back to 7d avg − costs−$195as in the Price arb table

costs, in and out, $10k−$2032.029% of the position

Long on Gate Short on Binance

What this pair did over the last

the charts below follow

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

Price spread, last 7 days−0.209%−$21 · spread now +0.160%, 7d avg +0.078%

Together, before fees−0.165%−$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: Binance is 0.081% dearer against Gate than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.078%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate UB_USDT	0.1498	0.0100	pay 0.0050% / 4h	1m 15s	$1.5M	$3.5M	25x
Short	Binance UBUSDT	0.1501	0.0100	get 0.0050% / 4h	1m 15s	$3.3M	$17.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Gate. 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 GatebpFee BinancebpOrdersPrice spread, now +0.160%Rate

Funding earned: $0
Price spread: +0.160% → +0.078%: $8.11
Slippage, 4 orders: −$177.94
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Binance: 5 bp × 2 orders: −$10
Net: −$194.84
Costs to cover: 2.029%
Break-even: never at this rate

Slippage from Gate: live order book, 2 min ago; Binance: live order book, 10 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 Gate live order book, 2 min ago	5.67 bp	85.1 bp −$85	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 10 min ago	1.00 bp	14.9 bp −$15	75.2 bp −$752	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	+0.0073%	4h	0.1501	+0.194%	$162K	$1.1M	50x	as long as short
Binance UBUSDTshort	+0.0100%	4h	0.1501	+0.160%	$3.3M	$17.1M	50x
Bybit UBUSDT	+0.0100%	4h	0.1500	+0.129%	$1.1M	$2.4M	20x	as long as short
OKX UB-USDT-SWAP	+0.0100%	4h	0.1498	−0.013%	$1.4M	$16.6M	20x	as long as short
Gate UB_USDTlong	+0.0100%	4h	0.1498	long leg	$1.5M	$3.5M	25x
MEXC UB_USDT	+0.0100%	4h	0.1500	+0.140%	$653K	$716K	100x	as long as short
KuCoin UBUSDTM	+0.0100%	4h	0.1499	+0.029%	$1.1M	$1.3M	20x	as long as short
Bitget UBUSDT	+0.0100%	4h	0.1501	+0.154%	$2.4M	$3.5M	50x	as long as short
BingX UB-USDT	+0.0100%	4h	0.1500	+0.127%	—	$2.7M	—	as long as short
Variational Omni UB	+0.0100%	4h	0.1499	+0.053%	$2K	$7K	—	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX UBUSDC	+0.0100%	4h	0.1506	+0.492%	$38K	$263K	10x	as long as short
HTX UB-USDT	+0.0100%	4h	0.1501	+0.167%	$17K	$206K	20x	as long as short
Extended UB-USD	+0.0104%	1h	0.1500	+0.093%	$967	$176K	5x	as long as short
Aster UBUSDT	+0.0639%	4h	0.1501	+0.174%	$407K	$206K	5x	as long as short