UB

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0112%/8h= +12.3% APRnext payment +$0.56 per $10,000 · paid last 24h −0.005%

Price spread now: OKX against KuCoin+0.082%7-day average −0.009% · you sell dearer than you buy

Net, funding: paid 7d − costs−$331as in the Funding arb table

Net, price: spread back to 7d avg − costs−$312as in the Price arb table

costs, in and out, $10k−$3213.207% of the position

Long on KuCoin Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.102%−$10 on $10k

Price spread, last 7 days−0.109%−$11 · spread now +0.082%, 7d avg −0.009%

Together, before fees−0.211%−$21 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and OKX is 0.090% dearer against KuCoin than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.009%. Mind the row above: over the last 7 days funding on this pair cost −0.102%, 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	0.1440	−0.0012	get 0.0006% / 4h	2h 19m	$1.0M	$906K	20x
Short	OKX UB-USDT-SWAP	0.1441	0.0100	get 0.0050% / 4h	2h 19m	$1.3M	$11.0M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.082%Rate

Funding earned: $23.52
Price spread: +0.082% → −0.009%: $9.04
Slippage, 4 orders: −$298.66
Fee KuCoin: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$288.1
Costs to cover: 3.207%
Break-even: 92.7 days

Slippage from KuCoin: live order book, 4 min ago; OKX: live order book, 2 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, 4 min ago	13.62 bp	177.1 bp −$177	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 2 min ago	0.35 bp	24.7 bp −$25	289.7 bp −$2,897	doesn't fit	doesn't fit

UB on 14 exchanges

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
KuCoin UBUSDTMlong	−0.0012%	4h	0.1440	long leg	$1.0M	$906K	20x
Binance UBUSDT	+0.0100%	4h	0.1444	+0.306%	$3.0M	$13.6M	50x	as long as short
Bybit UBUSDT	+0.0100%	4h	0.1440	−0.011%	$889K	$2.0M	20x	as long as short
OKX UB-USDT-SWAPshort	+0.0100%	4h	0.1441	+0.082%	$1.3M	$11.0M	20x
Gate UB_USDT	+0.0100%	4h	0.1439	−0.078%	$1.5M	$3.2M	25x	as long as short
MEXC UB_USDT	+0.0100%	4h	0.1444	+0.290%	$575K	$628K	100x	as long as short
Bitget UBUSDT	+0.0100%	4h	0.1444	+0.242%	$2.3M	$2.8M	50x	as long as short
BingX UB-USDT	+0.0100%	4h	0.1442	+0.172%	—	$2.5M	—	as long as short
Variational Omni UB	+0.0100%	4h	0.1441	+0.041%	$412	$8K	—	as long as short
edgeX UBUSDC	+0.0100%	4h	0.1444	+0.263%	$36K	$273K	10x	as long as short

Show all 14 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX UB-USDT	+0.0100%	4h	0.1444	+0.304%	$16K	$353K	20x	as long as short
Extended UB-USD	+0.0104%	1h	0.1443	+0.175%	$3K	$219K	5x	as long as short
BloFin UB-USDT	+0.0159%	4h	0.1445	+0.374%	$155K	$787K	50x	as long as short
Aster UBUSDT	+0.0184%	4h	0.1444	+0.260%	$392K	$100K	5x	as long as short