Funding arb · Price arb /

UB

all UB markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%

Price spread now: Extended against MEXC−0.088%7-day average −0.025% · you buy dearer than you sell

Net, funding: paid 7d − costs−$78as in the Funding arb table

Net, price: spread back to 7d avg − costs−$85as in the Price arb table

costs, in and out, $10k−$790.787% of the position

Long on MEXC Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.008%+$1 on $10k

Price spread, last 4 days (all we have)+0.064%+$6 · spread now −0.088%, 7d avg −0.025%

Together, before fees+0.072%+ Points / potential airdropExtended: Active · farm board+$7 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: Extended is 0.063% cheaper against MEXC than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.025%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC UB_USDT	0.1470	0.0100	pay 0.0050% / 4h	1h 59m	$663K	$685K	100x
Short	Extended UB-USD	0.1469	0.0104	get 0.0013% / 1h	59m 24s	$943	$176K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now −0.088%Rate

Funding earned: $0.84
Price spread: −0.088% → −0.025%: −$6.3
Slippage, 4 orders: −$65.71
Fee MEXC: 4 bp × 2 orders: −$8
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$84.17
Costs to cover: 0.787%
Break-even: 708.4 days

Slippage from MEXC: live order book, 16 min ago; Extended: live order book, 22 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, 16 min ago	2.75 bp	12.3 bp −$12	73.3 bp −$733	224.9 bp −$22.5K	658.8 bp −$329.4K
Sell Extended live order book, 22 min ago	0.89 bp	16.0 bp −$16	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	+0.0091%	4h	0.1467	−0.204%	$159K	$1.2M	50x	as long as short
Binance UBUSDT	+0.0100%	4h	0.1470	+0.028%	$3.2M	$16.5M	50x	as long as short
Bybit UBUSDT	+0.0100%	4h	0.1468	−0.140%	$1.1M	$2.4M	20x	as long as short
OKX UB-USDT-SWAP	+0.0100%	4h	0.1469	−0.027%	$1.4M	$16.0M	20x	as long as short
Gate UB_USDT	+0.0100%	4h	0.1468	−0.156%	$1.5M	$3.3M	25x	as long as short
MEXC UB_USDTlong	+0.0100%	4h	0.1470	long leg	$663K	$685K	100x
KuCoin UBUSDTM	+0.0100%	4h	0.1465	−0.300%	$1.0M	$1.4M	20x	as long as short
Bitget UBUSDT	+0.0100%	4h	0.1470	0.000%	$2.4M	$3.6M	50x	as long as short
BingX UB-USDT	+0.0100%	4h	0.1469	−0.095%	—	$2.7M	—	as long as short
Variational Omni UB	+0.0100%	4h	0.1466	−0.253%	$92	$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	0.1468	−0.150%	$37K	$260K	10x	as long as short
HTX UB-USDT	+0.0100%	4h	0.1468	−0.109%	$15K	$176K	20x	as long as short
Extended UB-USDshort	+0.0104%	1h	0.1469	−0.088%	$943	$176K	5x
Aster UBUSDT	+0.0702%	4h	0.1470	−0.010%	$399K	$200K	5x	as long as short