Funding arb · Price arb /

UB

all UB markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.010%

Price spread now: KuCoin against BingX+0.015%7-day average −0.041% · you sell dearer than you buy

Net, funding: paid 7d − costs−$362as in the Funding arb table

Net, price: spread back to 7d avg − costs−$352as in the Price arb table

costs, in and out, $10k−$3573.572% of the position

Long on BingX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.046%−$5 on $10k

Price spread, last 7 days−0.134%−$13 · spread now +0.015%, 7d avg −0.041%

Together, before fees−0.180%−$18 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 0.055% dearer against BingX than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.041%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX UB-USDT	0.1450	0.0100	pay 0.0050% / 4h	47m 45s	—	$2.7M	—
Short	KuCoin UBUSDTM	0.1450	0.0100	get 0.0050% / 4h	47m 45s	$1.1M	$1.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against BingX. 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 BingXbpFee KuCoinbpOrdersPrice spread, now +0.015%Rate

Funding earned: $0
Price spread: +0.015% → −0.041%: $5.55
Slippage, 4 orders: −$335.2
Fee BingX: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$351.65
Costs to cover: 3.572%
Break-even: never at this rate

Slippage from BingX: live order book, 2 min ago; KuCoin: live order book, 2 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 BingX live order book, 2 min ago	3.45 bp	27.1 bp −$27	142.0 bp −$1,420	doesn't fit	doesn't fit
Sell KuCoin live order book, 2 min ago	20.23 bp	99.1 bp −$99	783.9 bp −$7,839	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 UBUSDT	+0.0100%	4h	0.1451	+0.108%	$3.0M	$16.7M	50x	as long as short
Bybit UBUSDT	+0.0100%	4h	0.1451	+0.041%	$961K	$2.6M	20x	as long as short
OKX UB-USDT-SWAP	+0.0100%	4h	0.1452	+0.172%	$1.3M	$14.5M	20x	as long as short
Gate UB_USDT	+0.0100%	4h	0.1449	−0.069%	$1.5M	$3.4M	25x	as long as short
MEXC UB_USDT	+0.0100%	4h	0.1452	+0.152%	$635K	$673K	100x	as long as short
KuCoin UBUSDTMshort	+0.0100%	4h	0.1450	+0.015%	$1.1M	$1.2M	20x
Bitget UBUSDT	+0.0100%	4h	0.1452	+0.145%	$2.4M	$3.4M	50x	as long as short
BingX UB-USDTlong	+0.0100%	4h	0.1450	long leg	—	$2.7M	—
Variational Omni UB	+0.0100%	4h	0.1453	+0.224%	$31	$8K	—	as long as short
edgeX UBUSDC	+0.0100%	4h	0.1464	+0.986%	$37K	$267K	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	0.1453	+0.207%	$16K	$257K	20x	as long as short
Extended UB-USD	+0.0104%	1h	0.1451	+0.090%	$5K	$174K	5x	as long as short
BloFin UB-USDT	+0.0142%	4h	0.1452	+0.166%	$152K	$927K	50x	as long as short
Aster UBUSDT	+0.0493%	4h	0.1454	+0.251%	$394K	$170K	5x	as long as short