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: edgeX against KuCoin−0.275%83s7-day average +0.064% · you buy dearer than you sell

Net, funding: paid 7d − costs−$306as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$3023.015% of the position

Long on KuCoin Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.047%−$5 on $10k

Price spread, last 4 days (all we have)+0.406%+$41 · spread now −0.275%, 7d avg +0.064%

Together, before fees+0.359%+ Points / potential airdropedgeX: Active · farm board+$36 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: edgeX is 0.340% cheaper against KuCoin than usual: you would sell low and buy high, −$34 on $10k if it goes back to its 7-day average of +0.064%. The two prices were read 83 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin UBUSDTM	0.1455	0.0100	pay 0.0050% / 4h	44m 12s	$1.1M	$1.2M	20x
Short	edgeX UBUSDC	0.1451	0.0100	get 0.0050% / 4h	44m 12s	$37K	$268K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now −0.275%Rate

Funding earned: $0
Price spread: −0.275% → +0.064%: −$33.95
Slippage, 4 orders: −$280.52
Fee KuCoin: 6 bp × 2 orders: −$12
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$335.47
Costs to cover: 3.015%
Break-even: never at this rate

Slippage from KuCoin: live order book, 1 min ago; edgeX: live order book, 13 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	10.00 bp	154.6 bp −$155	doesn't fit	doesn't fit	doesn't fit
Sell edgeX live order book, 13 min ago	6.17 bp	14.5 bp −$14	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	0.1462	+0.445%	$3.1M	$16.7M	50x	as long as short
Bybit UBUSDT	+0.0100%	4h	0.1457	+0.115%	$964K	$2.6M	20x	as long as short
OKX UB-USDT-SWAP	+0.0100%	4h	0.1461	+0.356%	$1.3M	$14.6M	20x	as long as short
Gate UB_USDT	+0.0100%	4h	0.1456	+0.040%	$1.5M	$3.5M	25x	as long as short
MEXC UB_USDT	+0.0100%	4h	0.1462	+0.445%	$640K	$674K	100x	as long as short
KuCoin UBUSDTMlong	+0.0100%	4h	0.1455	long leg	$1.1M	$1.2M	20x
Bitget UBUSDT	+0.0100%	4h	0.1462	+0.431%	$2.4M	$3.4M	50x	as long as short
BingX UB-USDT	+0.0100%	4h	0.1461	+0.404%	—	$2.7M	—	as long as short
Variational Omni UB	+0.0100%	4h	0.1452	−0.219%	$31	$8K	—	as long as short
edgeX UBUSDCshort	+0.0100%	4h	0.1451	−0.275%	$37K	$268K	10x

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX UB-USDT	+0.0100%	4h	0.1463	+0.521%	$16K	$258K	20x	as long as short
Extended UB-USD	+0.0104%	1h	0.1462	+0.427%	$5K	$169K	5x	as long as short
BloFin UB-USDT	+0.0112%	4h	0.1456	+0.019%	$153K	$927K	50x	as long as short
Aster UBUSDT	+0.0464%	4h	0.1457	+0.133%	$395K	$170K	5x	as long as short