Funding arb · Price arb /

UB

all UB markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.018%

Price spread now: OKX against MEXC+0.047%7-day average −0.138% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs−$54as in the Price arb table

costs, in and out, $10k−$730.728% of the position

Long on MEXC 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)−0.138%−$14 · spread now +0.047%, 7d avg −0.138%

Together, before fees−0.194%−$19 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 0.185% dearer against MEXC than usual: you sell high and buy low, +$19 on $10k if it goes back to its 7-day average of −0.138%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC UB_USDT	0.1485	0.0100	pay 0.0050% / 4h	2h 06m	$710K	$679K	100x
Short	OKX UB-USDT-SWAP	0.1486	0.0100	get 0.0050% / 4h	2h 06m	$1.4M	$13.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.047%Rate

Funding earned: $0
Price spread: +0.047% → −0.138%: $18.52
Slippage, 4 orders: −$54.77
Fee MEXC: 4 bp × 2 orders: −$8
Fee OKX: 5 bp × 2 orders: −$10
Net: −$54.26
Costs to cover: 0.728%
Break-even: never at this rate

Slippage from MEXC: live order book, 33 min ago; OKX: live order book, 1 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, 33 min ago	1.34 bp	10.6 bp −$11	54.7 bp −$547	233.3 bp −$23.3K	doesn't fit
Sell OKX live order book, 1 min ago	0.68 bp	20.7 bp −$21	266.0 bp −$2,660	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	+0.0092%	4h	0.1484	−0.114%	$160K	$843K	50x	as long as short
Binance UBUSDT	+0.0100%	4h	0.1486	+0.033%	$3.1M	$15.3M	50x	as long as short
Bybit UBUSDT	+0.0100%	4h	0.1483	−0.182%	$961K	$2.4M	20x	as long as short
OKX UB-USDT-SWAPshort	+0.0100%	4h	0.1486	+0.047%	$1.4M	$13.1M	20x
Gate UB_USDT	+0.0100%	4h	0.1484	−0.135%	$1.5M	$3.4M	25x	as long as short
MEXC UB_USDTlong	+0.0100%	4h	0.1485	long leg	$710K	$679K	100x
KuCoin UBUSDTM	+0.0100%	4h	0.1482	−0.207%	$1.0M	$1.1M	20x	as long as short
Bitget UBUSDT	+0.0100%	4h	0.1485	−0.020%	$2.4M	$3.1M	50x	as long as short
BingX UB-USDT	+0.0100%	4h	0.1486	+0.013%	—	$2.6M	—	as long as short
Variational Omni UB	+0.0100%	4h	0.1487	+0.120%	$425	$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	0.1489	+0.247%	$38K	$270K	10x	as long as short
HTX UB-USDT	+0.0100%	4h	0.1484	−0.108%	$16K	$297K	20x	as long as short
Extended UB-USD	+0.0104%	1h	0.1484	−0.067%	$5K	$208K	5x	as long as short
Aster UBUSDT	+0.0537%	4h	0.1485	−0.050%	$403K	$131K	5x	as long as short