Funding arb · Price arb /

UB

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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: Variational Omni against KuCoin+0.065%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on KuCoin Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.065% dearer against KuCoin than usual: you sell high and buy low, +$6 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin UBUSDTM	0.1452	0.0100	pay 0.0050% / 4h	48m 18s	$1.1M	$1.2M	20x
Short	Variational Omni UB	0.1453	0.0100	get 0.0050% / 4h	48m 18s	$31	$8K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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 Variational OmnibpOrdersPrice spread, now +0.065%Rate

Funding earned: $0
Price spread: +0.065% → 0.000%: $6.5
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$5.5
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 2 min ago; Variational Omni: no order-book sample. Net counts fees only.

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, 2 min ago	20.23 bp	196.8 bp −$197	doesn't fit	doesn't fit	doesn't fit
Sell Variational Omni no order-book sample	—	—	—	—	—

Variational Omni: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	0.1452	−0.039%	$3.0M	$16.7M	50x	as long as short
Bybit UBUSDT	+0.0100%	4h	0.1449	−0.186%	$963K	$2.6M	20x	as long as short
OKX UB-USDT-SWAP	+0.0100%	4h	0.1449	−0.241%	$1.3M	$14.5M	20x	as long as short
Gate UB_USDT	+0.0100%	4h	0.1448	−0.289%	$1.5M	$3.4M	25x	as long as short
MEXC UB_USDT	+0.0100%	4h	0.1452	+0.007%	$641K	$672K	100x	as long as short
KuCoin UBUSDTMlong	+0.0100%	4h	0.1452	long leg	$1.1M	$1.2M	20x
Bitget UBUSDT	+0.0100%	4h	0.1448	−0.262%	$2.3M	$3.4M	50x	as long as short
BingX UB-USDT	+0.0100%	4h	0.1450	−0.179%	—	$2.7M	—	as long as short
Variational Omni UBshort	+0.0100%	4h	0.1453	+0.065%	$31	$8K	—
edgeX UBUSDC	+0.0100%	4h	0.1464	+0.826%	$37K	$267K	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	0.1453	+0.048%	$16K	$257K	20x	as long as short
Extended UB-USD	+0.0104%	1h	0.1451	−0.093%	$5K	$174K	5x	as long as short
BloFin UB-USDT	+0.0142%	4h	0.1452	+0.007%	$152K	$927K	50x	as long as short
Aster UBUSDT	+0.0512%	4h	0.1454	+0.124%	$395K	$170K	5x	as long as short