Funding arb · Price arb /

UB

all UB markets

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 +0.049%

Price spread now: KuCoin against Bybit+0.110%7-day average −0.018% · you sell dearer than you buy

Net, funding: paid 7d − costs−$586as in the Funding arb table

Net, price: spread back to 7d avg − costs−$580as in the Price arb table

costs, in and out, $10k−$5935.933% of the position

Long on Bybit Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.076%+$8 on $10k

Price spread, last 4 days (all we have)−0.404%−$40 · spread now +0.110%, 7d avg −0.018%

Together, before fees−0.328%−$33 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 0.128% dearer against Bybit than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of −0.018%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit UBUSDT	0.1458	0.0100	pay 0.0050% / 4h	2h 25m	$1.1M	$2.4M	20x
Short	KuCoin UBUSDTM	0.1459	0.0100	get 0.0050% / 4h	2h 25m	$1.0M	$1.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Bybit. 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 BybitbpFee KuCoinbpOrdersPrice spread, now +0.110%Rate

Funding earned: $0
Price spread: +0.110% → −0.018%: $12.83
Slippage, 4 orders: −$570.32
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$580.49
Costs to cover: 5.933%
Break-even: never at this rate

Slippage from Bybit: live order book, 2 min ago; KuCoin: live order book, 5 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 Bybit live order book, 2 min ago	2.40 bp	83.9 bp −$84	566.7 bp −$5,667	doesn't fit	doesn't fit
Sell KuCoin live order book, 5 min ago	15.33 bp	109.7 bp −$110	826.4 bp −$8,264	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	+0.0090%	4h	0.1462	+0.322%	$160K	$1.2M	50x	as long as short
Binance UBUSDT	+0.0100%	4h	0.1459	+0.122%	$3.2M	$16.5M	50x	as long as short
Bybit UBUSDTlong	+0.0100%	4h	0.1458	long leg	$1.1M	$2.4M	20x
OKX UB-USDT-SWAP	+0.0100%	4h	0.1458	+0.041%	$1.3M	$15.9M	20x	as long as short
Gate UB_USDT	+0.0100%	4h	0.1462	+0.268%	$1.5M	$3.4M	25x	as long as short
MEXC UB_USDT	+0.0100%	4h	0.1461	+0.213%	$657K	$701K	100x	as long as short
KuCoin UBUSDTMshort	+0.0100%	4h	0.1459	+0.110%	$1.0M	$1.4M	20x
Bitget UBUSDT	+0.0100%	4h	0.1458	+0.034%	$2.4M	$3.6M	50x	as long as short
BingX UB-USDT	+0.0100%	4h	0.1459	+0.069%	—	$2.7M	—	as long as short
Variational Omni UB	+0.0100%	4h	0.1460	+0.168%	$91	$5K	—	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX UBUSDC	+0.0100%	4h	0.1460	+0.182%	$37K	$257K	10x	as long as short
HTX UB-USDT	+0.0100%	4h	0.1461	+0.220%	$16K	$170K	20x	as long as short
Extended UB-USD	+0.0104%	1h	0.1461	+0.194%	$938	$176K	5x	as long as short
Aster UBUSDT	+0.0789%	4h	0.1462	+0.322%	$397K	$203K	5x	as long as short