UB

Alert

Spread before costs (cost unknown: a leg has no order-book sample)+0.264%

7d average—if it closes, per $10,000$26funding while held, a day+$0.60

Long on Variational Omni Short on BloFin

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni UB	0.1361	0.0100	pay 0.0050% / 4h	2h 31m	$84	$10K	—
Short	BloFin UB-USDT	0.1364	0.0120	get 0.0060% / 4h	2h 31m	$151K	$1.2M	50x

Price spread history

latest

Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Position, each leg$Hold forhoursFee Variational OmnibpFee BloFinbpOrdersClose when spread is

Spread captured: $26.44
Funding while held: $0.6
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee BloFin: 6 bp × 2 orders: −$12
Net: $15.04
Spread needed to break even: 0.120%

Slippage unknown: Variational Omni: no order-book sample; BloFin: live order book, 3 min ago. Net counts fees only.

Cost of waiting

funding view

Funding /8h: +0.0020%
Per $10,000 a day: +$0.60
Average in range /8h: —

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 Variational Omni no order-book sample	—	—	—	—	—
Sell BloFin live order book, 3 min ago	1.83 bp	22.4 bp −$22	64.0 bp −$640	doesn't fit	doesn't fit

Variational Omni: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

UB price on every exchange

against the cheapest. Click to use as the short leg.

KuCoin0.1360cheapest OKX0.1360+0.018%

Variational Omni0.1361+0.063%

Bybit0.1362+0.121%BingX0.1362+0.158%Gate0.1362+0.166%Extended0.1363+0.257%Bitget0.1364+0.268%HTX0.1364+0.276%MEXC0.1364+0.291%Binance0.1364+0.300%

BloFin0.1364+0.327%

Aster0.1365+0.380%edgeX0.1366+0.463%

UB on 14 venues

cheapest first. Swap a leg.

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
KuCoin UBUSDTM	−0.063%	+0.0100%	4h	$970K	$1.8M	20x	as long as short
OKX UB-USDT-SWAP	−0.044%	−0.0234%	4h	$1.2M	$17.6M	20x	as long as short
Variational Omni UBlong	0.000%	+0.0100%	4h	$84	$10K	—
Bybit UBUSDT	+0.059%	+0.0100%	4h	$900K	$2.7M	20x	as long as short
BingX UB-USDT	+0.095%	+0.0100%	4h	—	$2.7M	—	as long as short
Gate UB_USDT	+0.103%	+0.0100%	4h	$1.4M	$3.5M	25x	as long as short
Extended UB-USD	+0.194%	+0.0104%	1h	$881	$176K	5x	as long as short
Bitget UBUSDT	+0.206%	+0.0100%	4h	$2.2M	$3.9M	50x	as long as short
HTX UB-USDT	+0.213%	+0.0100%	4h	$13K	$107K	20x	as long as short
MEXC UB_USDT	+0.228%	+0.0100%	4h	$546K	$762K	100x	as long as short

Show all 14 venues

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
Binance UBUSDT	+0.237%	+0.0100%	4h	$3.1M	$19.5M	50x	as long as short
BloFin UB-USDTshort	+0.264%	+0.0120%	4h	$151K	$1.2M	50x
Aster UBUSDT	+0.317%	+0.0288%	4h	$370K	$217K	5x	as long as short
edgeX UBUSDC	+0.400%	+0.0100%	4h	$35K	$254K	10x	as long as short