Funding arb · Price arb /

UB

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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 +0.005%

Price spread now: Variational Omni against Gate+0.440%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Gate Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.440% dearer against Gate than usual: you sell high and buy low, +$44 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate UB_USDT	0.1426	0.0100	pay 0.0050% / 4h	1h 38m	$1.4M	$3.5M	25x
Short	Variational Omni UB	0.1433	0.0100	get 0.0050% / 4h	1h 38m	$59	$8K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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 Variational OmnibpOrdersPrice spread, now +0.440%Rate

Funding earned: $0
Price spread: +0.440% → 0.000%: $43.96
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $28.96
Costs to cover: 0.150%
Break-even: from the start

Slippage unknown: Gate: live order book, 5 min ago; Variational Omni: no order-book sample. Net counts fees only.

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, 5 min ago	8.70 bp	72.6 bp −$73	doesn't fit	doesn't fit	doesn't fit
Sell Variational Omni no order-book sample	—	—	—	—	—

Variational Omni: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	0.1428	+0.133%	$3.0M	$16.8M	50x	as long as short
Bybit UBUSDT	+0.0100%	4h	0.1427	+0.008%	$953K	$2.6M	20x	as long as short
OKX UB-USDT-SWAP	+0.0100%	4h	0.1428	+0.119%	$1.3M	$14.4M	20x	as long as short
Gate UB_USDTlong	+0.0100%	4h	0.1426	long leg	$1.4M	$3.5M	25x
MEXC UB_USDT	+0.0100%	4h	0.1429	+0.210%	$579K	$675K	100x	as long as short
KuCoin UBUSDTM	+0.0100%	4h	0.1427	+0.004%	$1.0M	$1.3M	20x	as long as short
Bitget UBUSDT	+0.0100%	4h	0.1428	+0.126%	$2.3M	$3.4M	50x	as long as short
BingX UB-USDT	+0.0100%	4h	0.1429	+0.168%	—	$2.7M	—	as long as short
Variational Omni UBshort	+0.0100%	4h	0.1433	+0.440%	$59	$8K	—
edgeX UBUSDC	+0.0100%	4h	0.1436	+0.662%	$36K	$266K	10x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX UB-USDT	+0.0100%	4h	0.1430	+0.266%	$16K	$243K	20x	as long as short
Extended UB-USD	+0.0104%	1h	0.1429	+0.204%	$919	$170K	5x	as long as short
BloFin UB-USDT	+0.0150%	4h	0.1426	−0.042%	$156K	$945K	50x	as long as short
Aster UBUSDT	+0.0418%	4h	0.1427	+0.054%	$387K	$186K	5x	as long as short