Funding arb · Price arb /

UB

all UB markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.011%

Price spread now: KuCoin against Extended−0.044%7-day average −0.081% · you buy dearer than you sell

Net, funding: paid 7d − costs−$305as in the Funding arb table

Net, price: spread back to 7d avg − costs−$305as in the Price arb table

costs, in and out, $10k−$3093.091% of the position

Long on Extended Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.039%+$4 on $10k

Price spread, last 4 days (all we have)−0.045%−$5 · spread now −0.044%, 7d avg −0.081%

Together, before fees−0.007%+ Points / potential airdropExtended: Active · farm board−$1 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 0.037% dearer against Extended than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.081%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended UB-USD	0.1496	0.0104	pay 0.0013% / 1h	16m 18s	$5K	$208K	5x
Short	KuCoin UBUSDTM	0.1496	0.0100	get 0.0050% / 4h	2h 16m	$1.1M	$1.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Extended. 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 ExtendedbpFee KuCoinbpOrdersPrice spread, now −0.044%Rate

Funding earned: −$0.84
Price spread: −0.044% → −0.081%: $3.72
Slippage, 4 orders: −$292.07
Fee Extended: 2.5 bp × 2 orders: −$5
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$306.19
Costs to cover: 3.091%
Break-even: never at this rate

Slippage from Extended: live order book, 30 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 Extended live order book, 30 min ago	0.60 bp	33.4 bp −$33	301.6 bp −$3,016	doesn't fit	doesn't fit
Sell KuCoin live order book, 3 min ago	14.47 bp	94.4 bp −$94	831.2 bp −$8,312	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	+0.0089%	4h	0.1499	+0.178%	$160K	$853K	50x	as long as short
Binance UBUSDT	+0.0100%	4h	0.1497	+0.051%	$3.1M	$15.3M	50x	as long as short
Bybit UBUSDT	+0.0100%	4h	0.1495	−0.090%	$969K	$2.4M	20x	as long as short
OKX UB-USDT-SWAP	+0.0100%	4h	0.1496	−0.043%	$1.5M	$13.2M	20x	as long as short
Gate UB_USDT	+0.0100%	4h	0.1494	−0.136%	$1.5M	$3.4M	25x	as long as short
MEXC UB_USDT	+0.0100%	4h	0.1497	+0.064%	$710K	$674K	100x	as long as short
KuCoin UBUSDTMshort	+0.0100%	4h	0.1496	−0.044%	$1.1M	$1.1M	20x
Bitget UBUSDT	+0.0100%	4h	0.1498	+0.098%	$2.4M	$3.1M	50x	as long as short
BingX UB-USDT	+0.0100%	4h	0.1496	−0.029%	—	$2.6M	—	as long as short
Variational Omni UB	+0.0100%	4h	0.1498	+0.113%	$427	$8K	—	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	0.1499	+0.197%	$38K	$270K	10x	as long as short
HTX UB-USDT	+0.0100%	4h	0.1497	+0.031%	$16K	$295K	20x	as long as short
Extended UB-USDlong	+0.0104%	1h	0.1496	long leg	$5K	$208K	5x
Aster UBUSDT	+0.0586%	4h	0.1499	+0.202%	$407K	$134K	5x	as long as short