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 −0.025%

Price spread now: OKX against HTX−0.041%54s7-day average −0.168% · you buy dearer than you sell

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

Long on HTX Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.055%−$6 on $10k

Price spread, last 4 days (all we have)−0.276%−$28 · spread now −0.041%, 7d avg −0.168%

Together, before fees−0.331%−$33 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: OKX is 0.126% dearer against HTX than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of −0.168%. The two prices were read 54 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	0.1446	0.0100	pay 0.0050% / 4h	1h 08m	$16K	$252K	20x
Short	OKX UB-USDT-SWAP	0.1445	0.0100	get 0.0050% / 4h	1h 08m	$1.3M	$14.5M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.041%Rate

Funding earned: $0
Price spread: −0.041% → −0.168%: $12.62
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$9.38
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: HTX: live order book, 53 min ago; OKX: live order book, 5 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, 53 min ago	35.07 bp	75.4 bp −$75	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 5 min ago	0.34 bp	22.2 bp −$22	354.8 bp −$3,548	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	0.1446	0.000%	$3.0M	$16.7M	50x	as long as short
Bybit UBUSDT	+0.0100%	4h	0.1444	−0.132%	$960K	$2.6M	20x	as long as short
OKX UB-USDT-SWAPshort	+0.0100%	4h	0.1445	−0.041%	$1.3M	$14.5M	20x
Gate UB_USDT	+0.0100%	4h	0.1442	−0.290%	$1.5M	$3.5M	25x	as long as short
MEXC UB_USDT	+0.0100%	4h	0.1445	−0.055%	$583K	$685K	100x	as long as short
KuCoin UBUSDTM	+0.0100%	4h	0.1442	−0.266%	$1.0M	$1.2M	20x	as long as short
Bitget UBUSDT	+0.0100%	4h	0.1444	−0.090%	$2.3M	$3.4M	50x	as long as short
BingX UB-USDT	+0.0100%	4h	0.1445	−0.035%	—	$2.7M	—	as long as short
Variational Omni UB	+0.0100%	4h	0.1446	+0.043%	$30	$8K	—	as long as short
edgeX UBUSDC	+0.0100%	4h	0.1449	+0.198%	$37K	$267K	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-USDTlong	+0.0100%	4h	0.1446	long leg	$16K	$252K	20x
Extended UB-USD	+0.0104%	1h	0.1444	−0.137%	$929	$170K	5x	as long as short
BloFin UB-USDT	+0.0127%	4h	0.1446	+0.007%	$151K	$937K	50x	as long as short
Aster UBUSDT	+0.0447%	4h	0.1444	−0.140%	$392K	$179K	5x	as long as short