Funding arb · Price arb /

UB

all UB markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.004%

Price spread now: Bitget against Gate+0.087%7-day average +0.152% · you sell dearer than you buy

Net, funding: paid 7d − costs−$218as in the Funding arb table

Net, price: spread back to 7d avg − costs−$229as in the Price arb table

costs, in and out, $10k−$2232.225% of the position

Long on Gate Short on Bitget

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−0.052%−$5 · spread now +0.087%, 7d avg +0.152%

Together, before fees−0.008%−$1 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: Bitget is 0.064% cheaper against Gate than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.152%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate UB_USDT	0.1490	0.0100	pay 0.0050% / 4h	3h 13m	$1.5M	$3.5M	25x
Short	Bitget UBUSDT	0.1491	0.0100	get 0.0050% / 4h	3h 13m	$2.4M	$3.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now +0.087%Rate

Funding earned: $0
Price spread: +0.087% → +0.152%: −$6.45
Slippage, 4 orders: −$195.54
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$228.99
Costs to cover: 2.225%
Break-even: never at this rate

Slippage from Gate: live order book, 4 min ago; Bitget: live order book, 4 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, 4 min ago	7.05 bp	94.3 bp −$94	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 4 min ago	7.05 bp	30.7 bp −$31	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
BloFin UB-USDT	+0.0057%	4h	0.1493	+0.228%	$159K	$1.1M	50x	as long as short
Binance UBUSDT	+0.0100%	4h	0.1493	+0.208%	$3.3M	$17.6M	50x	as long as short
Bybit UBUSDT	+0.0100%	4h	0.1491	+0.070%	$1.0M	$2.6M	20x	as long as short
OKX UB-USDT-SWAP	+0.0100%	4h	0.1492	+0.148%	$1.4M	$16.6M	20x	as long as short
Gate UB_USDTlong	+0.0100%	4h	0.1490	long leg	$1.5M	$3.5M	25x
MEXC UB_USDT	+0.0100%	4h	0.1492	+0.154%	$606K	$712K	100x	as long as short
KuCoin UBUSDTM	+0.0100%	4h	0.1490	−0.011%	$1.1M	$1.4M	20x	as long as short
Bitget UBUSDTshort	+0.0100%	4h	0.1491	+0.087%	$2.4M	$3.6M	50x
BingX UB-USDT	+0.0100%	4h	0.1492	+0.121%	—	$2.7M	—	as long as short
Variational Omni UB	+0.0100%	4h	0.1488	−0.150%	$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	0.1490	+0.034%	$38K	$265K	10x	as long as short
HTX UB-USDT	+0.0100%	4h	0.1495	+0.315%	$16K	$220K	20x	as long as short
Extended UB-USD	+0.0104%	1h	0.1493	+0.233%	$6K	$172K	5x	as long as short
Aster UBUSDT	+0.0608%	4h	0.1492	+0.134%	$405K	$199K	5x	as long as short