Settings8H · net · $10k
Funding arb · Price arb /

UB

all UB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.059%
Price spread now: BingX against OKX+0.054%7-day average +0.045% · you sell dearer than you buy
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$79as in the Price arb table
costs, in and out, $10k−$800.801% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.149%+$15 on $10k
Price spread, last 7 days−0.114%−$11 · spread now +0.054%, 7d avg +0.045%
Together, before fees+0.034%+$3 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX UB-USDT-SWAP0.14810.0100pay 0.0050% / 4h25m 12s$1.4M$16.3M20x
ShortBingX UB-USDT0.14810.0100get 0.0050% / 4h25m 12s$2.7M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against OKX. 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

Funding earned
$0
Price spread: +0.054% → +0.045%
$0.86
Slippage, 4 orders
−$60.08
Fee OKX: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$79.21
Costs to cover
0.801%
Break-even
never at this rate
Slippage from OKX: live order book, 3 min ago; BingX: live order book, 9 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 3 min ago1.01 bp21.5 bp −$21285.1 bp −$2,851doesn't fitdoesn't fit
Sell BingX live order book, 9 min ago3.72 bp19.0 bp −$1965.4 bp −$654695.3 bp −$69.5Kdoesn't fit

UB on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance UBUSDT+0.0100%4h0.1482+0.122%$3.2M$16.9M50xas long as short
Bybit UBUSDT+0.0100%4h0.1480−0.020%$1.1M$2.4M20xas long as short
OKX UB-USDT-SWAPlong+0.0100%4h0.1481long leg$1.4M$16.3M20x
Gate UB_USDT+0.0100%4h0.1478−0.155%$1.5M$3.4M25xas long as short
MEXC UB_USDT+0.0100%4h0.1482+0.122%$644K$700K100xas long as short
KuCoin UBUSDTM+0.0100%4h0.1481+0.019%$1.1M$1.3M20xas long as short
Bitget UBUSDT+0.0100%4h0.1480−0.014%$2.4M$3.4M50xas long as short
BingX UB-USDTshort+0.0100%4h0.1481+0.054%$2.7M
Variational Omni UB+0.0100%4h0.1482+0.117%$2K$7Kas long as short
edgeX UBUSDC+0.0100%4h0.1481+0.016%$37K$261K10xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX UB-USDT+0.0100%4h0.1482+0.095%$17K$200K20xas long as short
Extended UB-USD+0.0104%1h0.1482+0.120%$953$176K5xas long as short
BloFin UB-USDT+0.0140%4h0.1483+0.142%$162K$1.1M50xas long as short
Aster UBUSDT+0.0624%4h0.1485+0.280%$403K$205K5xas long as short