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 −0.059%

Price spread now: Bybit against HTX−0.240%53s7-day average −0.100% · you buy dearer than you sell

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

Long on HTX Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.029%−$3 on $10k

Price spread, last 3 days (all we have)+0.087%+$9 · spread now −0.240%, 7d avg −0.100%

Together, before fees+0.058%+$6 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: Bybit is 0.139% cheaper against HTX than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of −0.100%. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX UB-USDT	0.1461	0.0100	pay 0.0050% / 4h	2h 24m	$16K	$170K	20x
Short	Bybit UBUSDT	0.1457	0.0100	get 0.0050% / 4h	2h 24m	$1.1M	$2.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against HTX. 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 HTXbpFee BybitbpOrdersPrice spread, now −0.240%Rate

Funding earned: $0
Price spread: −0.240% → −0.100%: −$13.91
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$36.91
Costs to cover: 0.230%
Break-even: never at this rate

Slippage unknown: HTX: live order book, 61 min ago; Bybit: live order book, 3 min ago. 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 HTX live order book, 61 min ago	35.73 bp	68.2 bp −$68	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 3 min ago	2.40 bp	97.3 bp −$97	461.9 bp −$4,619	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	+0.0090%	4h	0.1462	+0.103%	$160K	$1.2M	50x	as long as short
Binance UBUSDT	+0.0100%	4h	0.1460	−0.069%	$3.2M	$16.5M	50x	as long as short
Bybit UBUSDTshort	+0.0100%	4h	0.1457	−0.240%	$1.1M	$2.4M	20x
OKX UB-USDT-SWAP	+0.0100%	4h	0.1459	−0.137%	$1.3M	$15.9M	20x	as long as short
Gate UB_USDT	+0.0100%	4h	0.1456	−0.329%	$1.5M	$3.4M	25x	as long as short
MEXC UB_USDT	+0.0100%	4h	0.1460	−0.075%	$657K	$701K	100x	as long as short
KuCoin UBUSDTM	+0.0100%	4h	0.1457	−0.265%	$1.0M	$1.4M	20x	as long as short
Bitget UBUSDT	+0.0100%	4h	0.1460	−0.068%	$2.4M	$3.6M	50x	as long as short
BingX UB-USDT	+0.0100%	4h	0.1459	−0.123%	—	$2.7M	—	as long as short
Variational Omni UB	+0.0100%	4h	0.1460	−0.051%	$91	$5K	—	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	0.1460	−0.037%	$37K	$257K	10x	as long as short
HTX UB-USDTlong	+0.0100%	4h	0.1461	long leg	$16K	$170K	20x
Extended UB-USD	+0.0104%	1h	0.1460	−0.061%	$938	$176K	5x	as long as short
Aster UBUSDT	+0.0782%	4h	0.1462	+0.070%	$397K	$203K	5x	as long as short