UB

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0057%/8h= +6.2% APRnext payment +$0.28 per $10,000 · paid last 24h +0.011%

Price spread now: BloFin against KuCoin+0.211%7-day average +0.105% · you sell dearer than you buy

Net, funding: paid 7d − costs−$323as in the Funding arb table

Net, price: spread back to 7d avg − costs−$307as in the Price arb table

costs, in and out, $10k−$3183.175% of the position

Long on KuCoin Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.059%−$6 on $10k

Price spread, last 3 days (all we have)−0.131%−$13 · spread now +0.211%, 7d avg +0.105%

Together, before fees−0.190%−$19 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BloFin is 0.106% dearer against KuCoin than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.105%. Mind the row above: over the last 7 days funding on this pair cost −0.059%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin UBUSDTM	0.1493	0.0100	pay 0.0050% / 4h	46m 40s	$1.1M	$1.4M	20x
Short	BloFin UB-USDT	0.1496	0.0157	get 0.0078% / 4h	46m 40s	$163K	$1.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now +0.211%Rate

Funding earned: $11.89
Price spread: +0.211% → +0.105%: $10.59
Slippage, 4 orders: −$293.53
Fee KuCoin: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$295.05
Costs to cover: 3.175%
Break-even: 180.7 days

Slippage from KuCoin: live order book, 9 min ago; BloFin: live order book, 1 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, 9 min ago	12.36 bp	183.6 bp −$184	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 1 min ago	5.68 bp	27.5 bp −$28	doesn't fit	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	0.1492	−0.064%	$3.3M	$16.8M	50x	as long as short
Bybit UBUSDT	+0.0100%	4h	0.1492	−0.053%	$1.1M	$2.4M	20x	as long as short
OKX UB-USDT-SWAP	+0.0100%	4h	0.1491	−0.164%	$1.4M	$16.3M	20x	as long as short
Gate UB_USDT	+0.0100%	4h	0.1492	−0.064%	$1.5M	$3.4M	25x	as long as short
MEXC UB_USDT	+0.0100%	4h	0.1494	+0.057%	$645K	$693K	100x	as long as short
KuCoin UBUSDTMlong	+0.0100%	4h	0.1493	long leg	$1.1M	$1.4M	20x
Bitget UBUSDT	+0.0100%	4h	0.1493	−0.024%	$2.4M	$3.5M	50x	as long as short
BingX UB-USDT	+0.0100%	4h	0.1492	−0.071%	—	$2.7M	—	as long as short
Variational Omni UB	+0.0100%	4h	0.1485	−0.535%	$2K	$7K	—	as long as short
edgeX UBUSDC	+0.0100%	4h	0.1487	−0.440%	$38K	$262K	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	0.1496	+0.164%	$17K	$194K	20x	as long as short
Extended UB-USD	+0.0104%	1h	0.1492	−0.064%	$962	$176K	5x	as long as short
BloFin UB-USDTshort	+0.0157%	4h	0.1496	+0.211%	$163K	$1.1M	50x
Aster UBUSDT	+0.0660%	4h	0.1495	+0.126%	$405K	$204K	5x	as long as short