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 0.000%

Price spread now: Binance against MEXC+0.051%7-day average +0.004% · you sell dearer than you buy

Net, funding: paid 7d − costs−$69as in the Funding arb table

Net, price: spread back to 7d avg − costs−$65as in the Price arb table

costs, in and out, $10k−$690.693% of the position

Long on MEXC Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 4 days (all we have)−0.038%−$4 · spread now +0.051%, 7d avg +0.004%

Together, before fees−0.038%−$4 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 0.047% dearer against MEXC than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.004%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC UB_USDT	0.1502	0.0100	pay 0.0050% / 4h	2h 45m	$641K	$715K	100x
Short	Binance UBUSDT	0.1502	0.0100	get 0.0050% / 4h	2h 45m	$3.2M	$17.3M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against MEXC. 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 MEXCbpFee BinancebpOrdersPrice spread, now +0.051%Rate

Funding earned: $0
Price spread: +0.051% → +0.004%: $4.74
Slippage, 4 orders: −$51.34
Fee MEXC: 4 bp × 2 orders: −$8
Fee Binance: 5 bp × 2 orders: −$10
Net: −$64.59
Costs to cover: 0.693%
Break-even: never at this rate

Slippage from MEXC: live order book, 15 min ago; Binance: live order book, 11 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 MEXC live order book, 15 min ago	0.33 bp	10.3 bp −$10	75.1 bp −$751	239.3 bp −$23.9K	437.4 bp −$218.7K
Sell Binance live order book, 11 min ago	0.67 bp	26.2 bp −$26	135.8 bp −$1,358	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	+0.0088%	4h	0.1500	−0.107%	$163K	$1.1M	50x	as long as short
Binance UBUSDTshort	+0.0100%	4h	0.1502	+0.051%	$3.2M	$17.3M	50x
Bybit UBUSDT	+0.0100%	4h	0.1499	−0.140%	$1.1M	$2.6M	20x	as long as short
OKX UB-USDT-SWAP	+0.0100%	4h	0.1501	−0.027%	$1.4M	$16.0M	20x	as long as short
Gate UB_USDT	+0.0100%	4h	0.1498	−0.233%	$1.5M	$3.4M	25x	as long as short
MEXC UB_USDTlong	+0.0100%	4h	0.1502	long leg	$641K	$715K	100x
KuCoin UBUSDTM	+0.0100%	4h	0.1501	−0.004%	$1.1M	$1.3M	20x	as long as short
Bitget UBUSDT	+0.0100%	4h	0.1500	−0.093%	$2.4M	$3.5M	50x	as long as short
BingX UB-USDT	+0.0100%	4h	0.1501	−0.053%	—	$2.7M	—	as long as short
Variational Omni UB	+0.0100%	4h	0.1501	−0.062%	$124	$8K	—	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	0.1500	−0.129%	$38K	$266K	10x	as long as short
HTX UB-USDT	+0.0100%	4h	0.1501	−0.020%	$16K	$226K	20x	as long as short
Extended UB-USD	+0.0104%	1h	0.1501	−0.066%	$6K	$168K	5x	as long as short
Aster UBUSDT	+0.0667%	4h	0.1501	−0.022%	$407K	$192K	5x	as long as short