Funding arb · Price arb /

UB

all UB markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.008%

Price spread now: KuCoin against OKX−0.357%7-day average +0.009% · you buy dearer than you sell

Net, funding: paid 7d − costs−$304as in the Funding arb table

Net, price: spread back to 7d avg − costs−$350as in the Price arb table

costs, in and out, $10k−$3143.137% of the position

Long on OKX Short on KuCoin

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+0.196%+$20 · spread now −0.357%, 7d avg +0.009%

Together, before fees+0.298%+$30 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: KuCoin is 0.366% cheaper against OKX than usual: you would sell low and buy high, −$37 on $10k if it goes back to its 7-day average of +0.009%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX UB-USDT-SWAP	0.1502	0.0100	pay 0.0050% / 4h	2h 53m	$1.5M	$14.2M	20x
Short	KuCoin UBUSDTM	0.1497	0.0100	get 0.0050% / 4h	2h 53m	$1.1M	$1.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against OKX. 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 OKXbpFee KuCoinbpOrdersPrice spread, now −0.357%Rate

Funding earned: $0
Price spread: −0.357% → +0.009%: −$36.6
Slippage, 4 orders: −$291.73
Fee OKX: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$350.34
Costs to cover: 3.137%
Break-even: never at this rate

Slippage from OKX: live order book, 5 min ago; KuCoin: live order book, 6 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 OKX live order book, 5 min ago	1.34 bp	24.5 bp −$25	405.8 bp −$4,058	doesn't fit	doesn't fit
Sell KuCoin live order book, 6 min ago	18.36 bp	102.4 bp −$102	805.0 bp −$8,050	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
BloFin UB-USDT	+0.0043%	4h	0.1497	−0.346%	$146K	$858K	50x	as long as short
Binance UBUSDT	+0.0100%	4h	0.1503	+0.060%	$3.2M	$16.0M	50x	as long as short
Bybit UBUSDT	+0.0100%	4h	0.1500	−0.192%	$975K	$2.5M	20x	as long as short
OKX UB-USDT-SWAPlong	+0.0100%	4h	0.1502	long leg	$1.5M	$14.2M	20x
Gate UB_USDT	+0.0100%	4h	0.1496	−0.433%	$1.5M	$3.4M	25x	as long as short
MEXC UB_USDT	+0.0100%	4h	0.1503	+0.060%	$704K	$651K	100x	as long as short
KuCoin UBUSDTMshort	+0.0100%	4h	0.1497	−0.357%	$1.1M	$1.1M	20x
Bitget UBUSDT	+0.0100%	4h	0.1499	−0.200%	$2.4M	$3.3M	50x	as long as short
BingX UB-USDT	+0.0100%	4h	0.1504	+0.080%	—	$2.6M	—	as long as short
Variational Omni UB	+0.0100%	4h	0.1497	−0.327%	$427	$8K	—	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX UBUSDC	+0.0100%	4h	0.1498	−0.270%	$38K	$269K	10x	as long as short
HTX UB-USDT	+0.0100%	4h	0.1503	+0.047%	$17K	$286K	20x	as long as short
Extended UB-USD	+0.0104%	1h	0.1502	−0.053%	$1K	$203K	5x	as long as short
Aster UBUSDT	+0.0574%	4h	0.1501	−0.113%	$407K	$158K	5x	as long as short