UB

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0034%/8h= −3.7% APRnext payment −$0.17 per $10,000 · paid last 24h −0.010%

Price spread now: KuCoin against MEXC−0.263%7-day average −0.112% · you buy dearer than you sell

Net, funding: paid 7d − costs−$250as in the Funding arb table

Net, price: spread back to 7d avg − costs−$270as in the Price arb table

costs, in and out, $10k−$2552.546% of the position

Long on MEXC Short on KuCoin

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)+0.061%+$6 · spread now −0.263%, 7d avg −0.112%

Together, before fees+0.108%+$11 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and KuCoin is 0.151% cheaper against MEXC than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of −0.112%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC UB_USDT	0.1474	0.0100	pay 0.0050% / 4h	3h 47m	$662K	$614K	100x
Short	KuCoin UBUSDTM	0.1470	0.0066	get 0.0033% / 4h	3h 47m	$1.1M	$977K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against MEXC. 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 MEXCbpFee KuCoinbpOrdersPrice spread, now −0.263%Rate

Funding earned: −$7.14
Price spread: −0.263% → −0.112%: −$15.07
Slippage, 4 orders: −$234.6
Fee MEXC: 4 bp × 2 orders: −$8
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$276.81
Costs to cover: 2.546%
Break-even: never at this rate

Slippage from MEXC: live order book, 43 min ago; KuCoin: live order book, 7 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 MEXC live order book, 43 min ago	0.34 bp	9.1 bp −$9	67.9 bp −$679	230.5 bp −$23.0K	566.7 bp −$283.3K
Sell KuCoin live order book, 7 min ago	16.97 bp	94.3 bp −$94	792.3 bp −$7,923	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
Gate UB_USDT	−0.0018%	4h	0.1470	−0.237%	$1.5M	$3.2M	25x	as long as short
KuCoin UBUSDTMshort	+0.0066%	4h	0.1470	−0.263%	$1.1M	$977K	20x
Binance UBUSDT	+0.0100%	4h	0.1473	−0.044%	$3.0M	$14.3M	50x	as long as short
Bybit UBUSDT	+0.0100%	4h	0.1471	−0.158%	$940K	$2.2M	20x	as long as short
OKX UB-USDT-SWAP	+0.0100%	4h	0.1472	−0.142%	$1.4M	$11.6M	20x	as long as short
MEXC UB_USDTlong	+0.0100%	4h	0.1474	long leg	$662K	$614K	100x
Bitget UBUSDT	+0.0100%	4h	0.1474	0.000%	$2.4M	$2.9M	50x	as long as short
BingX UB-USDT	+0.0100%	4h	0.1472	−0.109%	—	$2.6M	—	as long as short
Variational Omni UB	+0.0100%	4h	0.1468	−0.413%	$419	$8K	—	as long as short
edgeX UBUSDC	+0.0100%	4h	0.1472	−0.144%	$37K	$273K	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	0.1474	+0.041%	$16K	$333K	20x	as long as short
Extended UB-USD	+0.0104%	1h	0.1473	−0.051%	$3K	$225K	5x	as long as short
BloFin UB-USDT	+0.0111%	4h	0.1473	−0.054%	$159K	$820K	50x	as long as short
Aster UBUSDT	+0.0176%	4h	0.1473	−0.040%	$400K	$113K	5x	as long as short