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: HTX against MEXC−0.034%50s7-day average +0.022% · you buy dearer than you sell

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

Long on MEXC Short on HTX

What this pair did over the last

the charts below follow

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

Price spread, last 3 days (all we have)+0.038%+$4 · spread now −0.034%, 7d avg +0.022%

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: HTX is 0.056% 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 +0.022%. The two prices were read 50 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	MEXC UB_USDT	0.1489	0.0100	pay 0.0050% / 4h	2h 39m	$629K	$720K	100x
Short	HTX UB-USDT	0.1488	0.0100	get 0.0050% / 4h	2h 39m	$16K	$228K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now −0.034%Rate

Funding earned: $0
Price spread: −0.034% → +0.022%: −$5.57
Slippage, 4 orders: no order book: not counted
Fee MEXC: 4 bp × 2 orders: −$8
Fee HTX: 6 bp × 2 orders: −$12
Net: −$25.57
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: MEXC: live order book, 21 min ago; HTX: live order book, 27 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 MEXC live order book, 21 min ago	0.33 bp	10.3 bp −$10	75.1 bp −$751	239.3 bp −$23.9K	437.4 bp −$218.7K
Sell HTX live order book, 27 min ago	29.13 bp	doesn't fit	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	+0.0088%	4h	0.1500	+0.752%	$163K	$1.1M	50x	as long as short
Binance UBUSDT	+0.0100%	4h	0.1489	+0.035%	$3.2M	$17.0M	50x	as long as short
Bybit UBUSDT	+0.0100%	4h	0.1487	−0.101%	$1.1M	$2.6M	20x	as long as short
OKX UB-USDT-SWAP	+0.0100%	4h	0.1488	−0.027%	$1.4M	$15.6M	20x	as long as short
Gate UB_USDT	+0.0100%	4h	0.1483	−0.356%	$1.5M	$3.4M	25x	as long as short
MEXC UB_USDTlong	+0.0100%	4h	0.1489	long leg	$629K	$720K	100x
KuCoin UBUSDTM	+0.0100%	4h	0.1486	−0.155%	$1.1M	$1.3M	20x	as long as short
Bitget UBUSDT	+0.0100%	4h	0.1487	−0.087%	$2.4M	$3.5M	50x	as long as short
BingX UB-USDT	+0.0100%	4h	0.1489	0.000%	—	$2.7M	—	as long as short
Variational Omni UB	+0.0100%	4h	0.1488	−0.022%	$61	$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	+0.767%	$38K	$264K	10x	as long as short
HTX UB-USDTshort	+0.0100%	4h	0.1488	−0.034%	$16K	$228K	20x
Extended UB-USD	+0.0104%	1h	0.1489	+0.012%	$6K	$168K	5x	as long as short
Aster UBUSDT	+0.0618%	4h	0.1484	−0.308%	$403K	$191K	5x	as long as short