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: BingX against KuCoin+0.081%7-day average +0.039% · you sell dearer than you buy

Net, funding: paid 7d − costs−$318as in the Funding arb table

Net, price: spread back to 7d avg − costs−$318as in the Price arb table

costs, in and out, $10k−$3223.223% of the position

Long on KuCoin Short on BingX

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+0.051%+$5 · spread now +0.081%, 7d avg +0.039%

Together, before fees+0.097%+$10 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: BingX is 0.042% dearer against KuCoin than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.039%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin UBUSDTM	0.1426	0.0100	pay 0.0050% / 4h	1h 38m	$1.0M	$1.3M	20x
Short	BingX UB-USDT	0.1427	0.0100	get 0.0050% / 4h	1h 38m	—	$2.7M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against KuCoin. 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 KuCoinbpFee BingXbpOrdersPrice spread, now +0.081%Rate

Funding earned: $0
Price spread: +0.081% → +0.039%: $4.17
Slippage, 4 orders: −$300.27
Fee KuCoin: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: −$318.1
Costs to cover: 3.223%
Break-even: never at this rate

Slippage from KuCoin: live order book, 1 min ago; BingX: live order book, 10 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 KuCoin live order book, 1 min ago	19.25 bp	154.8 bp −$155	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 10 min ago	4.10 bp	29.9 bp −$30	93.8 bp −$938	814.7 bp −$81.5K	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	0.1427	+0.082%	$3.0M	$16.8M	50x	as long as short
Bybit UBUSDT	+0.0100%	4h	0.1426	−0.014%	$956K	$2.6M	20x	as long as short
OKX UB-USDT-SWAP	+0.0100%	4h	0.1426	−0.003%	$1.3M	$14.4M	20x	as long as short
Gate UB_USDT	+0.0100%	4h	0.1424	−0.094%	$1.4M	$3.4M	25x	as long as short
MEXC UB_USDT	+0.0100%	4h	0.1426	+0.032%	$578K	$675K	100x	as long as short
KuCoin UBUSDTMlong	+0.0100%	4h	0.1426	long leg	$1.0M	$1.3M	20x
Bitget UBUSDT	+0.0100%	4h	0.1428	+0.151%	$2.3M	$3.4M	50x	as long as short
BingX UB-USDTshort	+0.0100%	4h	0.1427	+0.081%	—	$2.7M	—
Variational Omni UB	+0.0100%	4h	0.1433	+0.486%	$59	$8K	—	as long as short
edgeX UBUSDC	+0.0100%	4h	0.1436	+0.708%	$36K	$266K	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	0.1428	+0.151%	$16K	$243K	20x	as long as short
Extended UB-USD	+0.0104%	1h	0.1427	+0.054%	$919	$170K	5x	as long as short
BloFin UB-USDT	+0.0150%	4h	0.1426	+0.004%	$156K	$945K	50x	as long as short
Aster UBUSDT	+0.0440%	4h	0.1426	+0.032%	$387K	$186K	5x	as long as short