Funding arb · Price arb /

UB

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Swap Backtest

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: edgeX against OKX−0.059%61s7-day average +0.101% · you buy dearer than you sell

Net, funding: paid 7d − costs−$82as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$880.875% of the position

Long on OKX Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.055%+$6 on $10k

Price spread, last 3 days (all we have)+0.215%+$21 · spread now −0.059%, 7d avg +0.101%

Together, before fees+0.270%+ Points / potential airdropedgeX: Active · farm board+$27 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: edgeX is 0.160% cheaper against OKX than usual: you would sell low and buy high, −$16 on $10k if it goes back to its 7-day average of +0.101%. The two prices were read 61 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	OKX UB-USDT-SWAP	0.1476	0.0100	pay 0.0050% / 4h	1h 08m	$1.4M	$16.2M	20x
Short	edgeX UBUSDC	0.1476	0.0100	get 0.0050% / 4h	1h 08m	$37K	$260K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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

Position, each leg$Hold fordaysFee OKXbpFee edgeXbpOrdersPrice spread, now −0.059%Rate

Funding earned: $0
Price spread: −0.059% → +0.101%: −$15.97
Slippage, 4 orders: −$68.54
Fee OKX: 5 bp × 2 orders: −$10
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$103.51
Costs to cover: 0.875%
Break-even: never at this rate

Slippage from OKX: live order book, 5 min ago; edgeX: live order book, 9 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 OKX live order book, 5 min ago	0.68 bp	29.0 bp −$29	363.7 bp −$3,637	doesn't fit	doesn't fit
Sell edgeX live order book, 9 min ago	7.79 bp	16.3 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	+0.0086%	4h	0.1476	−0.027%	$143K	$1.1M	50x	as long as short
Binance UBUSDT	+0.0100%	4h	0.1479	+0.210%	$3.2M	$16.7M	50x	as long as short
Bybit UBUSDT	+0.0100%	4h	0.1475	−0.078%	$1.1M	$2.4M	20x	as long as short
OKX UB-USDT-SWAPlong	+0.0100%	4h	0.1476	long leg	$1.4M	$16.2M	20x
Gate UB_USDT	+0.0100%	4h	0.1474	−0.163%	$1.5M	$3.4M	25x	as long as short
MEXC UB_USDT	+0.0100%	4h	0.1480	+0.224%	$645K	$709K	100x	as long as short
KuCoin UBUSDTM	+0.0100%	4h	0.1473	−0.246%	$1.0M	$1.4M	20x	as long as short
Bitget UBUSDT	+0.0100%	4h	0.1478	+0.135%	$2.4M	$3.5M	50x	as long as short
BingX UB-USDT	+0.0100%	4h	0.1478	+0.115%	—	$2.7M	—	as long as short
Variational Omni UB	+0.0100%	4h	0.1474	−0.179%	$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 UBUSDCshort	+0.0100%	4h	0.1476	−0.059%	$37K	$260K	10x
HTX UB-USDT	+0.0100%	4h	0.1476	−0.034%	$16K	$188K	20x	as long as short
Extended UB-USD	+0.0104%	1h	0.1479	+0.208%	$952	$176K	5x	as long as short
Aster UBUSDT	+0.0633%	4h	0.1478	+0.140%	$401K	$204K	5x	as long as short