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 −0.010%

Price spread now: KuCoin against Binance−0.354%7-day average −0.065% · you buy dearer than you sell

Net, funding: paid 7d − costs−$311as in the Funding arb table

Net, price: spread back to 7d avg − costs−$345as in the Price arb table

costs, in and out, $10k−$3163.156% of the position

Long on Binance Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.047%+$5 on $10k

Price spread, last 7 days+0.245%+$24 · spread now −0.354%, 7d avg −0.065%

Together, before fees+0.292%+$29 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: KuCoin is 0.289% cheaper against Binance than usual: you would sell low and buy high, −$29 on $10k if it goes back to its 7-day average of −0.065%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance UBUSDT	0.1498	0.0100	pay 0.0050% / 4h	2h 57m	$3.2M	$16.0M	50x
Short	KuCoin UBUSDTM	0.1492	0.0100	get 0.0050% / 4h	2h 57m	$1.1M	$1.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Binance. 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 BinancebpFee KuCoinbpOrdersPrice spread, now −0.354%Rate

Funding earned: $0
Price spread: −0.354% → −0.065%: −$28.92
Slippage, 4 orders: −$293.6
Fee Binance: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$344.51
Costs to cover: 3.156%
Break-even: never at this rate

Slippage from Binance: live order book, 13 min ago; KuCoin: live order book, 3 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 Binance live order book, 13 min ago	1.66 bp	23.7 bp −$24	192.3 bp −$1,923	doesn't fit	doesn't fit
Sell KuCoin live order book, 3 min ago	18.36 bp	102.4 bp −$102	805.0 bp −$8,050	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
Binance UBUSDTlong	+0.0100%	4h	0.1498	long leg	$3.2M	$16.0M	50x
Bybit UBUSDT	+0.0100%	4h	0.1495	−0.145%	$973K	$2.5M	20x	as long as short
OKX UB-USDT-SWAP	+0.0100%	4h	0.1496	−0.112%	$1.5M	$14.2M	20x	as long as short
Gate UB_USDT	+0.0100%	4h	0.1494	−0.265%	$1.5M	$3.4M	25x	as long as short
MEXC UB_USDT	+0.0100%	4h	0.1497	−0.045%	$705K	$651K	100x	as long as short
KuCoin UBUSDTMshort	+0.0100%	4h	0.1492	−0.354%	$1.1M	$1.1M	20x
Bitget UBUSDT	+0.0100%	4h	0.1496	−0.092%	$2.4M	$3.3M	50x	as long as short
BingX UB-USDT	+0.0100%	4h	0.1497	−0.052%	—	$2.6M	—	as long as short
Variational Omni UB	+0.0100%	4h	0.1493	−0.326%	$427	$8K	—	as long as short
edgeX UBUSDC	+0.0100%	4h	0.1495	−0.203%	$38K	$271K	10x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX UB-USDT	+0.0100%	4h	0.1493	−0.319%	$17K	$285K	20x	as long as short
BloFin UB-USDT	+0.0101%	4h	0.1492	−0.405%	$161K	$855K	50x	as long as short
Extended UB-USD	+0.0104%	1h	0.1495	−0.201%	$1K	$203K	5x	as long as short
Aster UBUSDT	+0.0570%	4h	0.1495	−0.158%	$406K	$160K	5x	as long as short